Stewart Information Correlations

STC Stock

USD 75.09 0.37 0.49%

The current 90-days correlation between Stewart Information and Kemper is 0.52 (i.e., Very weak diversification). The correlation of Stewart Information 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.

Stewart Information Correlation With Market

Very weak diversification

The correlation between Stewart Information Services and DJI is 0.44 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Stewart Information Services and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stewart Information Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Moving together with Stewart Stock

0.72	PGR	Progressive Corp Fiscal Year End 22nd of January 2025	Pair Corr
0.83	UVE	Universal Insurance	Pair Corr
0.64	HRTG	Heritage Insurance Hldgs	Pair Corr

Moving against Stewart Stock

0.46	TKOMY	Tokio Marine Holdings	Pair Corr
0.32	SIGIP	Selective Insurance	Pair Corr

Related Correlations Analysis

	SIGI	KMPR	DGICB	ARGO-PA	GBLI	HMN	RLI	PRA	ARGO
SIGI		0.82	0.7	0.75	0.37	0.85	0.91	0.9	0.7	SIGI
KMPR	0.82		0.74	0.73	0.29	0.92	0.96	0.83	0.9	KMPR
DGICB	0.7	0.74		0.75	0.32	0.83	0.79	0.75	0.76	DGICB
ARGO-PA	0.75	0.73	0.75		0.36	0.83	0.81	0.86	0.68	ARGO-PA
GBLI	0.37	0.29	0.32	0.36		0.33	0.34	0.41	0.26	GBLI
HMN	0.85	0.92	0.83	0.83	0.33		0.92	0.91	0.88	HMN
RLI	0.91	0.96	0.79	0.81	0.34	0.92		0.9	0.84	RLI
PRA	0.9	0.83	0.75	0.86	0.41	0.91	0.9		0.71	PRA
ARGO	0.7	0.9	0.76	0.68	0.26	0.88	0.84	0.71		ARGO
	SIGI	KMPR	DGICB	ARGO-PA	GBLI	HMN	RLI	PRA	ARGO

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Risk-Adjusted Indicators

There is a big difference between Stewart Stock performing well and Stewart Information 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 Stewart Information'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
SIGI	1.16	0.03	0.05	0.15	1.20	(1.25)	2.20	(1.82)	8.59
KMPR	1.06	0.10	0.07	0.23	1.08	(1.16)	2.28	(1.57)	5.66
DGICB	2.24	0.33	0.06	(10.20)	2.44	(3.41)	7.61	(4.52)	14.48
ARGO-PA	0.25	0.04	(0.25)	(0.72)	0.23	(0.27)	0.62	(0.49)	1.77
GBLI	0.97	0.19	0.06	0.68	0.95	(1.26)	2.91	(1.97)	7.14
HMN	1.31	0.14	0.10	0.24	1.33	(1.42)	2.13	(2.23)	11.51
RLI	0.85	0.12	0.09	0.24	1.15	(0.95)	1.76	(1.82)	7.00
PRA	1.59	0.10	0.11	0.18	1.64	(1.88)	3.11	(2.58)	11.78
ARGO	0.08	0.00	(1.14)	0.25	0.00	(0.10)	0.14	(0.17)	0.65

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