Relatively Low Volatility Detected in Shares of Mercer Insurance in the Property & Casualty Insurance Industry (MIGP, AMPH, HALL, HTH, SBX)
Below are the top five companies in the Property & Casualty Insurance industry as measured by beta. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.
Mercer Insurance (NASDAQ:MIGP) ranks first with a beta of 0.6; American Physicians (NASDAQ:AMPH) ranks second with a beta of 0.6; and Hallmark Financial Services (NASDAQ:HALL) ranks third with a beta of 0.6.
Hilltop Holdings (NYSE:HTH) follows with a beta of 0.6 and SeaBright Insurance Holdings (NYSE:SBX) rounds out the top five with a beta of 0.7.
SmarTrend is bearish on shares of HTH and our subscribers were alerted to Sell on December 28, 2009 at $11.49. The stock has fallen 8.7% since the alert was issued.