Kinsale Capital Correlations

KNSL Stock

USD 476.02 0.00 0.00%

The current 90-days correlation between Kinsale Capital Group and Selective Insurance Group is 0.55 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kinsale Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kinsale Capital Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Kinsale Capital Correlation With Market

Weak diversification

The correlation between Kinsale Capital Group and DJI is 0.33 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kinsale Capital Group and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Kinsale Stock

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinsale Capital 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 state.

Moving against Kinsale Stock

0.47	KINS	Kingstone Companies Downward Rally	Pair Corr
0.43	PGR	Progressive Corp	Pair Corr
0.39	BOW	Bowhead Specialty	Pair Corr
0.34	CNA	CNA Financial Earnings Call This Week	Pair Corr
0.47	ROOT	Root Inc	Pair Corr
0.32	ACIC	American Coastal Ins	Pair Corr

Related Correlations Analysis

	SIGI	HMN	KMPR	PRA	CNA	ALL	CB	TRV	WRB	MKL
SIGI		-0.18	-0.22	0.06	0.58	0.3	0.33	0.2	-0.05	-0.36	SIGI
HMN	-0.18		0.82	-0.26	0.2	0.75	0.64	0.84	0.87	0.51	HMN
KMPR	-0.22	0.82		-0.13	-0.04	0.6	0.41	0.66	0.71	0.76	KMPR
PRA	0.06	-0.26	-0.13		-0.51	-0.19	-0.46	-0.35	-0.54	0.31	PRA
CNA	0.58	0.2	-0.04	-0.51		0.56	0.7	0.47	0.4	-0.6	CNA
ALL	0.3	0.75	0.6	-0.19	0.56		0.85	0.87	0.77	0.16	ALL
CB	0.33	0.64	0.41	-0.46	0.7	0.85		0.75	0.78	-0.05	CB
TRV	0.2	0.84	0.66	-0.35	0.47	0.87	0.75		0.88	0.24	TRV
WRB	-0.05	0.87	0.71	-0.54	0.4	0.77	0.78	0.88		0.3	WRB
MKL	-0.36	0.51	0.76	0.31	-0.6	0.16	-0.05	0.24	0.3		MKL
	SIGI	HMN	KMPR	PRA	CNA	ALL	CB	TRV	WRB	MKL

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

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

WRB	+ 0.88	TRV
WRB	+ 0.87	HMN
TRV	+ 0.87	ALL
CB	+ 0.85	ALL
TRV	+ 0.84	HMN
KMPR	+ 0.82	HMN

High negative correlations

MKL	- 0.6	CNA
WRB	- 0.54	PRA
CNA	- 0.51	PRA
CB	- 0.46	PRA
MKL	- 0.36	SIGI
TRV	- 0.35	PRA

Risk-Adjusted Indicators

There is a big difference between Kinsale Stock performing well and Kinsale Capital 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 Kinsale Capital'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
SIGI	1.04	(0.05)	(0.07)	0.05	1.38	(0.99)	1.94	(2.09)	6.18
HMN	1.02	(0.08)	(0.06)	0.05	1.26	(1.02)	2.33	(1.98)	6.37
KMPR	1.29	(0.04)	(0.02)	0.09	1.46	(1.37)	2.76	(2.80)	7.48
PRA	0.26	0.00	(0.29)	0.15	0.24	(0.37)	0.61	(0.48)	2.96
CNA	0.89	(0.22)	0.00	(0.18)	0.00	0.00	1.63	(1.90)	5.09
ALL	1.13	(0.11)	(0.09)	0.00	1.49	(1.14)	2.11	(2.61)	6.76
CB	0.93	(0.15)	0.00	(0.12)	0.00	0.00	1.61	(1.61)	7.09
TRV	1.02	0.00	(0.03)	0.13	1.16	(1.09)	2.64	(2.00)	8.32
WRB	0.97	(0.09)	(0.11)	0.00	1.16	(1.04)	1.94	(2.01)	8.11
MKL	0.88	0.08	0.05	0.22	0.92	(0.93)	2.05	(1.63)	6.35

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC