Relatively Low Beta Detected in Shares of American Independence in the Life & Health Insurance Industry (AMIC, SFG, IHC, KCLI, NWLI)
Below are the three companies in the Life & Health Insurance industry with the lowest betas. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.
American Independence ranks lowest with a a beta of 0.1. Following is StanCorp Financial Group with a a beta of 0.7. Independence Holding ranks third lowest with a a beta of 0.7.
Kansas City Life Insurance follows with a a beta of 0.8, and National Western Life Insurance rounds out the bottom five with a a beta of 0.8.
SmarTrend recommended that subscribers consider buying shares of American Independence on January 6th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $11.67. Since that recommendation, shares of American Independence have risen 87.2%. We continue to monitor American Independence for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest beta american independence stancorp financial group independence holding kansas city life insurance national western life insurance