Hamilton Insurance Correlations

HG Stock

19.00 0.45 2.43%

The current 90-days correlation between Hamilton Insurance Group, and Aspen Insurance Holdings is 0.06 (i.e., Significant diversification). The correlation of Hamilton Insurance 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.

Hamilton Insurance Correlation With Market

Modest diversification

The correlation between Hamilton Insurance Group, and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hamilton Insurance Group, and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hamilton Insurance Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Moving together with Hamilton Stock

0.65

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Pair Corr

Moving against Hamilton Stock

0.58	SPNT-PB	SiriusPoint	Pair Corr
0.54	BK	Bank of New York Fiscal Year End 10th of January 2025	Pair Corr
0.52	AB	AllianceBernstein	Pair Corr
0.5	BX	Blackstone Group Normal Trading	Pair Corr
0.46	AC	Associated Capital	Pair Corr
0.45	AHL-PE	Aspen Insurance Holdings	Pair Corr
0.44	V	Visa Class A	Pair Corr
0.41	BNT	Brookfield Wealth Symbol Change	Pair Corr
0.41	BN	Brookfield Corp	Pair Corr
0.38	DIST	Distoken Acquisition	Pair Corr
0.37	OXBR	Oxbridge Re Holdings	Pair Corr
0.35	AHL-PC	Aspen Insurance Holdings	Pair Corr
0.59	QD	Qudian Inc	Pair Corr
0.58	MA	Mastercard	Pair Corr
0.56	CG	Carlyle Group	Pair Corr
0.56	CM	Canadian Imperial Bank Fiscal Year End 5th of December 2024	Pair Corr
0.55	LX	Lexinfintech Holdings	Pair Corr
0.48	SF	Stifel Financial Earnings Call This Week	Pair Corr
0.48	TW	Tradeweb Markets Normal Trading	Pair Corr
0.43	MS	Morgan Stanley Sell-off Trend	Pair Corr
0.42	LC	LendingClub Corp	Pair Corr
0.39	RY	Royal Bank Fiscal Year End 5th of December 2024	Pair Corr
0.34	PX	P10 Inc	Pair Corr

Related Correlations Analysis

	HG	BNT	RGA	RNR	GLRE	SPNT-PB	OXBRW	MHLD	AHL-PD
HG		-0.41	0.03	-0.18	0.01	-0.58	0.09	0.38	-0.18	HG
BNT	-0.41		0.65	0.54	0.56	0.81	0.06	0.24	0.4	BNT
RGA	0.03	0.65		0.1	0.81	0.54	0.16	0.21	0.26	RGA
RNR	-0.18	0.54	0.1		0.01	0.3	-0.07	0.09	0.37	RNR
GLRE	0.01	0.56	0.81	0.01		0.56	0.22	0.33	0.33	GLRE
SPNT-PB	-0.58	0.81	0.54	0.3	0.56		0.14	-0.03	0.2	SPNT-PB
OXBRW	0.09	0.06	0.16	-0.07	0.22	0.14		0.12	-0.09	OXBRW
MHLD	0.38	0.24	0.21	0.09	0.33	-0.03	0.12		0.2	MHLD
AHL-PD	-0.18	0.4	0.26	0.37	0.33	0.2	-0.09	0.2		AHL-PD
	HG	BNT	RGA	RNR	GLRE	SPNT-PB	OXBRW	MHLD	AHL-PD

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

SPNT-PB	+ 0.81	BNT
GLRE	+ 0.81	RGA
RGA	+ 0.65	BNT
GLRE	+ 0.56	BNT
SPNT-PB	+ 0.56	GLRE
RNR	+ 0.54	BNT

High negative correlations

SPNT-PB	- 0.58	HG
BNT	- 0.41	HG
AHL-PD	- 0.18	HG
RNR	- 0.18	HG
AHL-PD	- 0.09	OXBRW
OXBRW	- 0.07	RNR

Risk-Adjusted Indicators

There is a big difference between Hamilton Stock performing well and Hamilton Insurance 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 Hamilton Insurance'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
HG	1.51	(0.07)	(0.06)	0.00	1.89	(1.67)	2.99	(2.50)	15.97
BNT	1.27	0.14	0.13	0.21	1.34	(1.40)	2.83	(1.88)	9.53
RGA	1.09	(0.01)	0.02	0.11	1.26	(1.18)	2.26	(1.93)	10.03
RNR	1.24	0.03	0.02	0.15	1.96	(1.30)	2.90	(1.54)	12.15
GLRE	1.10	0.00	0.04	0.12	1.30	(1.19)	3.28	(2.51)	12.12
SPNT-PB	0.21	0.03	(0.44)	(0.27)	0.13	(0.24)	0.44	(0.36)	1.27
OXBRW	6.76	1.23	0.07	(1.07)	7.50	(14.24)	23.08	(16.67)	56.35
MHLD	2.93	(0.41)	(0.04)	0.00	3.26	(3.34)	7.06	(4.94)	21.08
AHL-PD	0.92	0.02	(0.05)	0.17	1.05	(1.02)	2.49	(1.90)	4.81

Hamilton Insurance Corporate Management

Keith Bernhard	Chief Officer	Profile
Jonathan Levenson	Senior Relations	Profile
Craig CPA	Group Officer	Profile
Brian Deegan	Group Officer	Profile
Megan Thomas	L Re	Profile
Adrian Daws	Chief Limited	Profile

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