Investors Title Correlations

ITIC Stock

USD 285.26 0.41 0.14%

The current 90-days correlation between Investors Title and AMERISAFE is 0.53 (i.e., Very weak diversification). The correlation of Investors Title is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Investors Title Correlation With Market

Poor diversification

The correlation between Investors Title and DJI is 0.62 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Investors Title and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Investors Title. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For information on how to trade Investors Stock refer to our How to Trade Investors Stock guide.

Moving together with Investors Stock

0.93	AGO	Assured Guaranty	Pair Corr
0.91	AXS	AXIS Capital Holdings	Pair Corr
0.93	EIG	Employers Holdings	Pair Corr
0.95	MBI	MBIA Inc	Pair Corr
0.94	HIPO	Hippo Holdings	Pair Corr
0.66	RYAN	Ryan Specialty Group	Pair Corr
0.86	AMBC	Ambac Financial Group	Pair Corr
0.87	AMSF	AMERISAFE	Pair Corr
0.9	TIPT	Tiptree	Pair Corr
0.88	C	Citigroup Aggressive Push	Pair Corr
0.86	L	Loews Corp	Pair Corr
0.91	V	Visa Class A	Pair Corr
0.88	DHIL	Diamond Hill Investment	Pair Corr
0.93	AX	Axos Financial	Pair Corr
0.79	BK	Bank of New York Fiscal Year End 10th of January 2025	Pair Corr
0.81	BN	Brookfield Corp	Pair Corr
0.9	BX	Blackstone Group Fiscal Year End 23rd of January 2025	Pair Corr
0.92	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.71	CG	Carlyle Group	Pair Corr
0.75	CM	Canadian Imperial Bank Earnings Call This Week	Pair Corr
0.81	FG	FG Annuities Life	Pair Corr

Moving against Investors Stock

0.84	JRVR	James River Group	Pair Corr
0.72	ESNT	Essent Group	Pair Corr
0.54	NMIH	NMI Holdings Normal Trading	Pair Corr
0.38	ACT	Enact Holdings	Pair Corr
0.36	PPHI	Positive Physicians	Pair Corr
0.54	IX	Orix Corp Ads	Pair Corr
0.37	PT	Pintec Technology	Pair Corr

Related Correlations Analysis

	JRVR	EIG	AMSF	ESNT	ICCH	NMIH	AMBC	AGO
JRVR		-0.71	-0.66	0.65	-0.39	0.48	-0.64	-0.72	JRVR
EIG	-0.71		0.89	-0.73	0.49	-0.55	0.78	0.9	EIG
AMSF	-0.66	0.89		-0.86	0.65	-0.77	0.72	0.88	AMSF
ESNT	0.65	-0.73	-0.86		-0.54	0.92	-0.47	-0.67	ESNT
ICCH	-0.39	0.49	0.65	-0.54		-0.55	0.36	0.56	ICCH
NMIH	0.48	-0.55	-0.77	0.92	-0.55		-0.33	-0.53	NMIH
AMBC	-0.64	0.78	0.72	-0.47	0.36	-0.33		0.86	AMBC
AGO	-0.72	0.9	0.88	-0.67	0.56	-0.53	0.86		AGO
	JRVR	EIG	AMSF	ESNT	ICCH	NMIH	AMBC	AGO

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

NMIH	+ 0.92	ESNT
AGO	+ 0.9	EIG
AMSF	+ 0.89	EIG
AGO	+ 0.88	AMSF
AGO	+ 0.86	AMBC
AMBC	+ 0.78	EIG

High negative correlations

ESNT	- 0.86	AMSF
NMIH	- 0.77	AMSF
ESNT	- 0.73	EIG
AGO	- 0.72	JRVR
EIG	- 0.71	JRVR
AGO	- 0.67	ESNT

Risk-Adjusted Indicators

There is a big difference between Investors Stock performing well and Investors Title Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Investors Title's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
JRVR	2.41	(0.85)	0.00	(0.21)	0.00	0.00	3.81	(5.22)	31.93
EIG	1.02	0.07	0.07	0.17	1.00	(1.16)	2.46	(1.95)	11.24
AMSF	1.08	0.17	0.14	0.28	0.87	(1.31)	2.32	(2.12)	12.74
ESNT	1.13	(0.23)	0.00	(0.13)	0.00	0.00	1.88	(2.14)	13.14
ICCH	0.30	0.01	(0.19)	0.01	0.44	(0.36)	0.74	(0.60)	3.36
NMIH	1.09	(0.09)	(0.06)	0.00	1.71	(1.07)	2.37	(2.55)	9.75
AMBC	1.35	0.07	0.03	0.18	1.75	(1.42)	3.27	(2.90)	16.30
AGO	1.28	0.14	0.12	0.23	1.17	(1.48)	2.89	(2.50)	9.67

Investors Title Corporate Management

Brandee Garren	Vice Support	Profile
Thomas Berry	Executive Development	Profile
Andrew Wert	Senior Operations	Profile
Kimberly Wells	Senior Manager	Profile
Daniel Minto	Senior Technology	Profile

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