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WRB
Stock ticker: NASDAQ
AS OF
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Price
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Capitalization
18.52B

WRB WR Berkley Corp Forecast, Technical & Fundamental Analysis

a provider of financial services on the property and casualty insurance business

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for WRB with price predictions
07:00 PM EST Dec 07, 2023

Aroon Indicator for WRB shows an upward move is likely

WRB's Aroon Indicator triggered a bullish signal on December 08, 2023. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 320 similar instances where the Aroon Indicator showed a similar pattern. In of the 320 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WRB advanced for three days, in of 346 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day RSI Indicator for WRB moved out of overbought territory on December 06, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 39 similar instances where the indicator moved out of overbought territory. In of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on December 07, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on WRB as a result. In of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for WRB turned negative on December 07, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .

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

WRB broke above its upper Bollinger Band on November 21, 2023. 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.

Fundamental Analysis (Ratings)

Fear & Greed

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 67, placing this stock better than average.

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

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly 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: P/B Ratio (2.653) is normal, around the industry mean (2.014). P/E Ratio (14.347) is within average values for comparable stocks, (32.550). WRB's Projected Growth (PEG Ratio) (2.229) is slightly higher than the industry average of (1.015). WRB has a moderately low Dividend Yield (0.006) as compared to the industry average of (0.043). P/S Ratio (1.646) is also within normal values, averaging (1.257).

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.

A.I.Advisor
published Highlights

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 13.28B. The market cap for tickers in the group ranges from 93.9K to 96.18B. PGR holds the highest valuation in this group at 96.18B. 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 0%. For the same Industry, the average monthly price growth was 4%, and the average quarterly price growth was 9%. MHLD experienced the highest price growth at 19%, while GBLI experienced the biggest fall at -15%.

Volume

The average weekly volume growth across all stocks in the Property/Casualty Insurance Industry was -21%. For the same stocks of the Industry, the average monthly volume growth was 7% 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: 48
P/E Growth Rating: 59
Price Growth Rating: 48
SMR Rating: 90
Profit Risk Rating: 66
Seasonality Score: 20 (-100 ... +100)
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A.I. Advisor
published Earnings

WRB is expected to report earnings to $1.36 per share on January 30

WR Berkley Corp WRB Stock Earnings Reports
Q4'23
Est.
$1.36
Q3'23
Beat
by $0.16
Q2'23
Beat
by $0.02
Q1'23
Missed
by $0.24
Q4'22
Beat
by $0.05
The last earnings report on October 23 showed earnings per share of $1.35, beating the estimate of $1.19. With 875.76K shares outstanding, the current market capitalization sits at 18.52B.
A.I.Advisor
published Dividends

WRB paid dividends on October 04, 2023

WR Berkley Corp WRB Stock Dividends
А dividend of $0.61 per share was paid with a record date of October 04, 2023, and an ex-dividend date of September 22, 2023. Read more...
A.I. Advisor
published General Information

General Information

a provider of financial services on the property and casualty insurance business

Industry PropertyCasualtyInsurance

Profile
Fundamentals
Details
Industry
Property Or Casualty Insurance
Address
475 Steamboat Road
Phone
+1 203 629-3000
Employees
8186
Web
http://www.wrberkley.com
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WRB and

Correlation & Price change

A.I.dvisor indicates that over the last year, WRB has been closely correlated with CB. These tickers have moved in lockstep 68% of the time. This A.I.-generated data suggests there is a high statistical probability that if WRB jumps, then CB could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To WRB
1D Price
Change %
WRB100%
+0.61%
CB - WRB
68%
Closely correlated
-0.10%
L - WRB
68%
Closely correlated
+0.03%
AXS - WRB
67%
Closely correlated
+0.14%
HIG - WRB
67%
Closely correlated
-0.01%
AFG - WRB
63%
Loosely correlated
+0.39%
More

Groups containing WRB

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To WRB
1D Price
Change %
WRB100%
+0.61%
WRB
(undefined stocks)
81%
Closely correlated
+0.13%
insurance
(undefined stocks)
71%
Closely correlated
+0.81%
casualty insurance
(undefined stocks)
70%
Closely correlated
+0.49%
Property/Casualty Insurance
(undefined stocks)
69%
Closely correlated
+0.17%
Insurance
(undefined stocks)
59%
Loosely correlated
+0.31%
More