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Vitalii Liubimov's Avatar
published in Blogs
Oct 09, 2023

$PGR, $CB, $TRV, $ALL, $EG, $WRB, $L have been growing by 2-5% in the past month, against the market trend.

 

Property/Casualty Insurance companies are outperforming the market, showing growth ranging from 2% to 5%. You can receive signals for these companies' stocks by subscribing to our trading robots AI Robots.

Market Cap The average market capitalization across the group is 40.6B. The market cap for tickers in the group ranges from 14.3B to 86.1B. CB holds the highest valuation in this group at 86.1B. The lowest valued company is L at 14.3B.

High and low price notable news The average weekly price growth across all stocks in the group was 1.52%. For the same group, the average monthly price growth was 4.57%, and the average quarterly price growth was 3.47%. EG experienced the highest price growth at 5.41%, while TRV experienced the biggest fall at -0.22%.

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

Valuation Rating: 67 P/E Growth Rating: 44 Price Growth Rating: 39 SMR Rating: 96 Profit Risk Rating: 23 Seasonality Score: 16 (-100 ... +100)

PGR in +0.49% Uptrend, growing for three consecutive days on October 06, 2023 Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where PGR advanced for three days, in 194 of 337 cases, the price rose further within the following month. The odds of a continued upward trend are 58%.

Stock Forecast, Price, News, Quote Current price $142.93 is above $141.38 the highest resistance line found by A.I. Throughout the month of 09/06/23 - 10/06/23, the price experienced a +6% Uptrend. During the week of 09/29/23 - 10/06/23, the stock enjoyed a +3% Uptrend growth.

CB sees its 50-day moving average cross bullishly above its 200-day moving average The 50-day Moving Average for CB moved above the 200-day moving average on September 22, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Stock Forecast, Price, News, Quote Current price $209.49 crossed the support line at $205.88 and is trading between $218.31 resistance and $205.88 support lines. Throughout the month of 09/06/23 - 10/06/23, the price experienced a +4% Uptrend. During the week of 09/29/23 - 10/06/23, the stock enjoyed a +0.66% Uptrend growth.

TRV in downward trend: price dove below 50-day moving average on September 29, 2023 TRV moved below its 50-day Moving Average on September 29, 2023, indicating a change from an upward trend to a downward trend. In 30 of 48 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are 62%.

Stock Forecast, Price, News, Quote Current price $162.97 crossed the resistance line at $188.23 and is trading between $188.23 resistance and $141.71 support lines. Throughout the month of 09/06/23 - 10/06/23, the price experienced a +2% Uptrend, while the week of 09/29/23 - 10/06/23 shows a -0.22% Downtrend.

ALL sees its Stochastic Oscillator ascending out of oversold territory On October 05, 2023, the Stochastic Indicator for ALL moved out of oversold territory. This could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 55 instances where the indicator left the oversold zone. In 36 of the 55 cases, the stock moved higher in the following days. This puts the odds of a move higher at over 65%.

Stock Forecast, Price, News, Quote Current price $113.10 is below $115.87 the lowest support line found by A.I. Throughout the month of 09/06/23 - 10/06/23, the price experienced a +5% Uptrend. During the week of 09/29/23 - 10/06/23, the stock enjoyed a +2% Uptrend growth.

EG sees its 50-day moving average cross bullishly above its 200-day moving average The 50-day Moving Average for EG moved above the 200-day moving average on September 07, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Stock Forecast, Price, News, Quote Current price $391.81 crossed the resistance line at $376.81 and is trading between $477.61 resistance and $376.81 resistance lines. Throughout the month of 09/06/23 - 10/06/23, the price experienced a +7% Uptrend. During the week of 09/29/23 - 10/06/23, the stock enjoyed a +5% Uptrend growth.

WRB in upward trend: price may ascend as a result of having broken its lower Bollinger Band on October 03, 2023 WRB may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 25 of 34 cases where WRB's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 74%.

Stock Forecast, Price, News, Quote Current price $63.90 is below $72.05 the lowest support line found by A.I. Throughout the month of 09/06/23 - 10/06/23, the price experienced a +5% Uptrend. During the week of 09/29/23 - 10/06/23, the stock enjoyed a +0.66% Uptrend growth.  

L in upward trend: price is expected to rise as it breaks its lower Bollinger Band on October 02, 2023. L may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 24 of 37 cases where L's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 65%.

Stock Forecast, Price, News, Quote Current price $63.27 crossed the support line at $58.48 and is trading between $74.50 resistance and $58.48 support lines. Throughout the month of 09/06/23 - 10/06/23, the price experienced a +3% Uptrend, while the week of 09/29/23 - 10/06/23 shows a -0.06% Downtrend.

Related Ticker: PGR, CB, TRV, ALL, EG, WRB, L

Momentum Indicator for PGR turns positive, indicating new upward trend

PGR saw its Momentum Indicator move above the 0 level on January 27, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 92 similar instances where the indicator turned positive. In of the 92 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for PGR just turned positive on January 07, 2025. Looking at past instances where PGR's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .

PGR moved above its 50-day moving average on January 29, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PGR advanced for three days, in of 344 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

PGR broke above its upper Bollinger Band on January 15, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for PGR entered a downward trend on January 23, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 52, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. PGR’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued 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: PGR's P/B Ratio (6.215) is very high in comparison to the industry average of (2.121). P/E Ratio (31.907) is within average values for comparable stocks, (31.462). Projected Growth (PEG Ratio) (0.300) is also within normal values, averaging (1.023). PGR has a moderately low Dividend Yield (0.005) as compared to the industry average of (0.031). P/S Ratio (1.987) is also within normal values, averaging (1.436).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average 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 weak sales and an unprofitable 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.

Industry description

Property and casualty companies insure against accidents of non-physical harm, such as lawsuits, damage to personal assets, car crashes and more. Progressive Corporation, Travelers Companies, Inc. and Allstate Corporation are some of the biggest providers of such products.

Market Cap

The average market capitalization across the Property/Casualty Insurance Industry is 14.7B. The market cap for tickers in the group ranges from 93.9K to 121.13B. PGR holds the highest valuation in this group at 121.13B. The lowest valued company is UNAM at 93.9K.

High and low price notable news

The average weekly price growth across all stocks in the Property/Casualty Insurance Industry was 2%. For the same Industry, the average monthly price growth was 0%, and the average quarterly price growth was 14%. QUCOF experienced the highest price growth at 20%, while SIGI experienced the biggest fall at -11%.

Volume

The average weekly volume growth across all stocks in the Property/Casualty Insurance Industry was -18%. For the same stocks of the Industry, the average monthly volume growth was 22% and the average quarterly volume growth was -5%

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: 66
Price Growth Rating: 49
SMR Rating: 79
Profit Risk Rating: 52
Seasonality Score: 21 (-100 ... +100)
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General Information

a holding company with interest in the exploration and marketing of natural gas and oil and insurance services businesses

Industry PropertyCasualtyInsurance

Profile
Fundamentals
Details
Industry
Property Or Casualty Insurance
Address
9 West 57th Street
Phone
+1 212 521-2000
Employees
12280
Web
https://www.loews.com