Go to the list of all blogs
Sarah Patel's Avatar
published in Blogs
Aug 27, 2023

๐Ÿ“ˆ $Insurance Stocks Surge: 18.35% Gain with $AON, $EBIX, $GSHD, $MMC, $AJG - Exploring the Insurance Agency Sector's Remarkable Growth!

Unlocking Opportunities: Exploring Insurance Agency Stocks' Remarkable Gains

 

For those intrigued by the dynamic world of Insurance Agency Stocks, featuring tickers like $EBIX, $VRSK, $AON, and more, our AI robots are ready to revolutionize your trading journey.

  1. The "Swing Trader for Beginners: Trading in Markets Trending Down (TA&FA)" AI robot presents an impressive Annualized Return of +61%, guiding you through downward trending markets with potential for significant gains.

  2. If you're inclined towards upward trends, the "Swing Trader for Beginners: Trading in Markets Trending Up (TA&FA)" AI robot offers an appealing Annualized Return of +48%, allowing you to capitalize on the momentum of these markets.

  3. Seeking trend reversals? The "Swing Trader for Beginners: Search for Trend Reversals (TA&FA)" AI robot offers an Annualized Return of +21%, empowering you to spot shifts and make informed trading decisions.

From industry giants like Ebix Inc and Aon Plc to the innovation of Goosehead Insurance Inc, these tickers promise diverse opportunities. With AI insights guiding your choices, you're poised to optimize your trading experience within the Insurance Agency Stocks sector. Welcome to a world where AI-driven precision meets trading potential.

๐Ÿ”ฅ Insurance Agency gain +18.35% in 6M - Buy/Sell Ratings: Buy!

In the fast-paced world of finance, identifying promising sectors can often lead to rewarding investments. The insurance agency sector has experienced a noteworthy upswing of 18.35% in the last 6 months, catching the attention of investors far and wide. From brokerage giants to risk assessment leaders, this industry offers a unique blend of stability and growth potential.

Tickers of this group:
 

๐Ÿ“Š Industry Description: Navigating Insurance Brokers' Landscape

Insurance brokers play a crucial role in connecting individuals and businesses with the right insurance coverage. They specialize in offering a diverse range of policies, from home and auto insurance to health coverage. Well-known names in this sector include Marsh & McLennan Companies, Aon plc, and Verisk Analytics Inc., all of which contribute to shaping the industry's landscape.

๐Ÿ’ผ Market Cap Insights: Diverse Valuations and Key Players

The insurance agency sector showcases a mix of market capitalizations, with an average of 30.5 billion dollars. From the industry giants like Marsh & McLennan Companies, Inc. (MMC) with a valuation of 95.9 billion dollars to the smaller player HIIQ valued at 210.2 million dollars, investors have an array of options to explore.

๐Ÿ“ˆ High and Low Price Notable News: Riding Price Swings

Price fluctuations are an intrinsic part of the stock market, and the insurance agency sector is no exception. Over the last quarter, average price growth stood at an impressive 18.35%, indicating a surge in investor interest. Notably, while EBIX experienced a growth of 9.12%, GSHD saw a minor decline of -1.34% during the same period.

๐Ÿ“Š Volume: Gauging Investor Activity

Investor activity often speaks volumes about market sentiment. The insurance agency sector witnessed an average weekly volume growth of 0.83%. However, the monthly and quarterly volume growth figures were slightly less favorable, at -5% and 12.3%, respectively. Noteworthy anomalies include significant volume surges for Aon, Brown & Brown, and Verisk Analytics stocks, signaling periods of heightened investor interest.

๐Ÿ’ก Insights from Fundamental Analysis Ratings: Making Informed Decisions

Examining fundamental analysis ratings offers insights into the overall health of companies within the insurance agency sector. Ratings ranging from valuation and P/E growth to price growth and risk assessment provide a comprehensive view of each stock's potential. Companies like MMC and AJG exhibit relatively favorable ratings, indicating stability and growth potential.
 

Valuation Rating: 82

P/E Growth Rating: 48

Price Growth Rating: 40

SMR Rating: 46

Profit Risk Rating: 29

Seasonality Score: -23 (-100 ... +100)

๐Ÿ“‰ Stock Movements and Technical Indicators: A Closer Look

Analyzing technical indicators can provide invaluable guidance for investors. EBIX, for instance, displayed a bullish upward trend after breaking its lower Bollinger Band. Similarly, AON's recovery from oversold territory suggests a potential shift from a downtrend to an uptrend. These indicators, backed by historical data, offer actionable insights for traders and investors alike.

๐Ÿ“Š Continued Promising Signs: RSI Indicator and MACD Histogram

Several stocks within the insurance agency sector have shown promising trends. GSHD, AON, and EBIX all experienced their RSI indicators leaving the oversold zone, hinting at a possible shift towards an uptrend. Additionally, the positive turn of the MACD Histogram for AJG, BRO, and VRSK suggests potential upward momentum in their prices.

๐Ÿ“ˆ Spotting Bullish Patterns: The Cup-and-Handle Strategy

The stock market is rife with patterns that can predict future movements. The Cup-and-Handle pattern, identified in MMC's stock, points to a potential upward trajectory. With odds of reaching the target price at 69.82%, this pattern presents a strategic opportunity for investors to consider.

๐Ÿš€ Seizing Opportunities Amidst Sectoral Momentum

The insurance agency sector's recent gains underscore the potential for lucrative investments. With established giants and emerging players, this sector offers a diverse range of opportunities for investors seeking both stability and growth. Understanding technical indicators, coupled with fundamental analysis, can aid investors in making informed decisions to capitalize on this sector's momentum.

Related Ticker: EBIX, VRSK, AON, MMC, AJG, ESGR, CRVL, BRO, GSHD

EBIX sees MACD Histogram crosses below signal line

EBIX saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 20, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 49 instances where the indicator turned negative. In of the 49 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 12, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on EBIX as a result. In of 86 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EBIX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EBIX advanced for three days, in of 306 cases, the price rose further within the following month. The odds of a continued upward trend are .

EBIX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.567) is normal, around the industry mean (21.161). P/E Ratio (10.695) is within average values for comparable stocks, (153.203). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.676). Dividend Yield (0.013) settles around the average of (0.088) among similar stocks. P/S Ratio (0.411) is also within normal values, averaging (74.261).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. EBIXโ€™s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. EBIXโ€™s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 90, placing this stock worse than average.

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Oracle Corp (NYSE:ORCL), Adobe (NASDAQ:ADBE), Salesforce (NYSE:CRM), Intuit (NASDAQ:INTU), SERVICENOW (NYSE:NOW), Uber Technologies (NYSE:UBER), Shopify (NYSE:SHOP), Activision Blizzard (NASDAQ:ATVI), Palo Alto Networks (NASDAQ:PANW).

Industry description

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

Market Cap

The average market capitalization across the Packaged Software Industry is 8.25B. The market cap for tickers in the group ranges from 291 to 2.38T. MSFT holds the highest valuation in this group at 2.38T. The lowest valued company is BLGI at 291.

High and low price notable news

The average weekly price growth across all stocks in the Packaged Software Industry was -1%. For the same Industry, the average monthly price growth was -2%, and the average quarterly price growth was 4%. NAHD experienced the highest price growth at 721%, while SPLTF experienced the biggest fall at -67%.

Volume

The average weekly volume growth across all stocks in the Packaged Software Industry was 52%. For the same stocks of the Industry, the average monthly volume growth was 72% and the average quarterly volume growth was 87%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 73
Price Growth Rating: 55
SMR Rating: 83
Profit Risk Rating: 89
Seasonality Score: -18 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
ย ย ย 
ย ย ย 
Show details...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a provider of software and Internet solutions to the property and casualty insurance industry

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Insurance Brokers Or Services
Address
1 Ebix Way
Phone
+1 678 281-2020
Employees
10521
Web
https://www.ebix.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
CSDIX15.32N/A
N/A
Cohen & Steers Real Estate Securities I
GINGX17.23N/A
N/A
Goldman Sachs U.S. Equity ESG Ins
BVAOX9.17-0.13
-1.40%
Madison Small Cap Y
AWSRX13.04-0.21
-1.58%
Invesco Global Core Equity R
FMPEX24.14-0.43
-1.75%
Fidelity Advisorยฎ Mid Cap Value C

EBIX and

Correlation & Price change

A.I.dvisor indicates that over the last year, EBIX has been loosely correlated with FLYW. These tickers have moved in lockstep 52% of the time. This A.I.-generated data suggests there is some statistical probability that if EBIX jumps, then FLYW could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To EBIX
1D Price
Change %
EBIX100%
+0.60%
FLYW - EBIX
52%
Loosely correlated
+0.83%
AFRM - EBIX
51%
Loosely correlated
-8.05%
ALRM - EBIX
49%
Loosely correlated
-0.91%
TDOC - EBIX
46%
Loosely correlated
-5.80%
PAR - EBIX
46%
Loosely correlated
-3.79%
More
Artificial intelligence (AI) technology is developing rapidly.Data mining can deliver raw numbers, but it does not necessarily provide actionable insights. Structure is necessary to taking abstract information and extracting commonalities, like averages, ratios, and percentages.
You have enough faith in that stock, based on research, that the return will equal or exceed the investment.  Do unto others.The principles outlined here will ensure that happens.  Principle #1: Diversification Investors canโ€™t be one-dimensional when constructing a portfolio.
Some of the worldโ€™s biggest financial institutions have devoted multi-million dollar budgets to developing algorithms that can find patterns in the market, identify trends, and perform automated trading designed to take advantage of even the smallest price movements. The AI revolution is so big that as it stands today, the worldโ€™s five biggest hedge funds all use systems-based approaches to trade financial markets.Indeed, quantitative trading hedge funds now manage $918 billion (according to HFR), which amounts to 30% of the $3 trillion hedge fund industry โ€“ a percentage continues to grow with each year that passes.
Where smaller, more volatile companies can placate shareholders with higher returns, larger companies often use dividend payouts to entice new investors and hold their existing ones. These low-risk options may not work for every investment approach, but dividend-producing stocks can offer great benefits under the right circumstances โ€“ especially for portfolios built for the long-term.Beyond the ability to rely on these semi-regular payouts as an income stream โ€“ a strategy favored by retirees โ€“ dividends are an excellent vehicle for compounding earnings through reinvestment.
Artificial intelligence (AI) and fintech have an inherent compatibility that has become clearer as each sector has matured, with recent growth and successes on their own accord bringing new ideas about how they can work together.AI can analyze information at far greater quantities (and far more quickly) than any human, making it a natural fit to help fintech firms streamline and automate processes that benefit customers and businesses alike. Fintech has brought a revolution of convenience to the finance world.
Youโ€™ve set up your bitcoin wallet and have acquired some bitcoins, and now youโ€™re ready to use them โ€“ whatโ€™s next?But be VERY careful to double- or triple-check that the address is correct โ€“ crypto transactions are irreversible, and a typo almost certainly means permanently losing the bitcoins you were trying to send. One way to avoid potential slip-ups is to scan a QR code (when available) for the destination address.
Mainstream acceptance has come in fits and starts, with regulatory approval proving hard to come by for a variety of reasons โ€“ not least of which the ever-present risk of theft via hacking or other means, which pose an especially large obstacle to attracting investment from mainstream institutions. Because crypto holdings are only accessible via a specific private key, they are susceptible to loss โ€“ literally, if the key is written on a piece of paper or a physical hard drive, methods of offline โ€˜cold storageโ€™ โ€“ or through hacks if held in an online wallet.Reuters reports that over $800 million in crypto assets were stolen in the first half of 2018, creating justifiable concern for both owners and mainstream financial institutions alike. Some type of insurance coverage would potentially mitigate the risks inherent to owning crypto assets โ€“ if insurers are willing to play ball.
Don't fall prey to common financial traps that can derail your financial planning efforts. In this article, we highlight four traps to keep in mind, including the importance of refinancing rather than consolidating student loans and credit card debt, prioritizing debt repayment over investments, limiting news consumption, and understanding the true costs of buying a home. Learn how AI tools from Tickeron can help investors make informed decisions and achieve their investment objectives.
Paper wallets are extremely useful tools โ€“ beyond being one of the most popular and secure cold storage methods, they make it simple to transfer coins between owners.You can access the funds on your paper wallet by โ€œsweepingโ€ (or importing) them to either a live wallet (like Trezor or Exodus) or an exchange service (like Coinbase). Most services allow you to import them directly from your walletโ€™s private key, but there are two key exceptions.
Get ready to revolutionize your investment strategy! Discover 3 cutting-edge ways to get fresh and innovative investment ideas, and say goodbye to relying on unreliable sources like CNBC. From utilizing advanced AI tools to sharing your portfolio with trusted friends, these methods are sure to boost your investment game. So, what are you waiting for? Read on to find out how you can start generating new ideas today!
Youโ€™re a trader, not an investor. Itโ€™s important that you understand the difference before choosing an actual trading style. Traders perform their magic over shorter periods of time, sometimes within minutes or hours. Investors are more passive. They purchase equities and hold them for months or years, relying on a long-term return. Traders evaluate buys and sells based on technical analysis...
Looking to invest your money in the stock market? While leaving your money there for a few years can yield a ten percent return, real traders know that actively trading and using derivatives is the way to make a significant profit while minimizing risk. Derivatives are contracts between two parties that are based on the price of a financial asset, such as a stock or bond. The value of the...
Zoom (ZOM), the video conferencing giant, registered a three-day uptrend of +1.84%. Our proprietary AI trading bot identified an intraday gain of 6.75%, attributing it to robust market sentiment and promising growth indicators. This uptrend signals a potentially strong position for investors and stakeholders. A deeper analysis could provide crucial insights into the future performance of ZOM. Stay updated for further analytics and forecast from our AI tools.
The Swing Trader: Volatility Balanced Strategy (TA) AI trading robot has emerged as a remarkable performer. Operating within our robot factory, this trading algorithm has recently demonstrated its prowess by generating a notable gain of 3.74% while trading ZIM (ZIM Integrated Shipping Services Ltd) over the previous week. This article aims to delve into the technical analysis surrounding ZIM's recent performance and the potential for an impending price rebound.
AI trading robot, the Swing trader: Volatility Balanced Strategy (TA), has stood out as a performer in our robot factory. In the previous week, it achieved an impressive 3.78% gain while trading AFRM (Affirm Holdings Inc.), a notable stock in the market. In this article, we will delve into the technical analysis of AFRM's recent movements and explore the implications of its earnings results.
Among them, the Swing Trader: Volatility Balanced Strategy (TA) stands out as a top-performing AI trading robot. In the previous week, this robot demonstrated its prowess by generating an impressive 3.60% gain while trading NET (stock ticker symbol) โ€“ a remarkable achievement. This article delves into the reasons behind the success of Swing Trader, focusing on the positive Moving Average Convergence Divergence (MACD) indicator and the recent earning results of NET.
The Swing Trader: Volatility Balanced Strategy (TA), has caught our attention for its impressive performance. Last week, it generated a remarkable gain of 3.56% while trading RIOT, a prominent stock. In this article, we will delve into the analysis of RIOT's recent bearish trend and examine the company's earnings results, which exceeded expectations.
The Swing Trader: Volatility Balanced Strategy (TA) AI trading robot has emerged as a top performer in our robot factory, demonstrating exceptional performance and generating significant gains. In the previous week, this intelligent trading bot achieved a remarkable 3.56% gain while trading WKHS (Workhorse Group Inc.) - an achievement worth noting. Coupled with positive market indicators, WKHS presents an intriguing opportunity for potential future growth.
AI trading robot, known as "Swing trader: Volatility Balanced Strategy (TA)," has caught the attention of traders and investors alike. In the previous week, this AI robot, developed in our esteemed robot factory, demonstrated impressive performance by generating a gain of 3.51% while trading DKNG. This article will delve into the recent trading activity, the significance of the stock's upward trend, and analyze the latest earnings results of DKNG.
One such tool that has garnered attention is the AI trading robot known as Swing trader: Volatility Balanced Strategy (TA). This robot, developed in our esteemed factory, recently demonstrated its prowess by generating a notable 3.02% gain while trading CHPT (ChargePoint Holdings) over the previous week. While CHPT experienced a downward trend, the robot's performance and insightful analysis provide valuable insights for traders and investors alike.