Insurance Stocks Based on Big Data Analytics: Returns up to 35.05% in 14 Days

Insurance Stocks

The Insurance Companies Package is designed for investors and analysts who need stock advice for the best-performing stocks in the Insurance Company Industry. It includes 20 stocks with bullish and bearish signals and indicates the best insurance companies’ stocks to trade:

  • Top 10 Insurance Company stocks for the long position
  • Top 10 Insurance Company stocks for the short position

Package Name: Insurance Companies Forecast
Recommended Positions: Long
Forecast Length: 14 Days (8/29/23 – 9/12/23)
I Know First Average: 5.02%
Insurance Stocks
Insurance Stocks chart

The algorithm correctly predicted 9 out of 10 the suggested trades in the Insurance Companies Forecast Package for this 14 Days forecast. AWH was the top performing prediction with a return of 35.05%. Further notable returns came from FNF and PRA at 5.99% and 3.72%, respectively. The package had an overall average return of 5.02%, providing investors with a 4.38% premium over the S&P 500’s return of 0.64% during the period.

Allied World Assurance Company Holdings, AG (AWH), through its subsidiaries, provides property, casualty, and specialty insurance and reinsurance solutions worldwide. It operates in three segments: North American Insurance, Global Markets Insurance, and Reinsurance. The company offers specialty liability products, including insurance products that insure specialty liability risks, such as professional liability, environmental liability, product liability, healthcare liability, and commercial general liability risks; professional liability products, including policies covering directors and officers, employment practices, fiduciary liability insurance, and mergers and acquisitions; errors and omissions liability policies for law firms, technology companies, insurance companies, insurance agents and brokers, and municipalities; and primary and excess liability, and other casualty coverages to the healthcare industry, as well as comprehensive insurance to contractors and their employees. It also provides general casualty insurance products that cover complex liability risks in industries, including construction, real estate, public entities, retailers, manufacturing, transportation, and finance and insurance services. In addition, the company offers property insurance products that focus direct coverage of physical property and business interruption coverage for commercial property risks; and employers and environmental liability insurance, and motor insurance. Further, it offers aviation products that cover airline, aerospace, and general aviation classes of business; marine products covering various types of goods in transit; and short and medium-term trade credit insurance products. Additionally, the company provides reinsurance products and services for professional liability lines, specialty casualty, property, accident and health, marine, aerospace, and crop risks. Allied World Assurance Company Holdings, AG (AWH) was founded in 2001 and is headquartered in Zug, Switzerland.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.