AMERISAFE Correlations

AMSF Stock

USD 38.47 0.01 0.03%

The current 90-days correlation between AMERISAFE and Tiptree is 0.52 (i.e., Very weak diversification). The correlation of AMERISAFE 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.

AMERISAFE Correlation With Market

Excellent diversification

The correlation between AMERISAFE and DJI is -0.64 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AMERISAFE and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with AMERISAFE Stock

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AMERISAFE. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

For more detail on how to invest in AMERISAFE Stock please use our How to Invest in AMERISAFE guide.

Moving together with AMERISAFE Stock

0.68	AII	American Integrity	Pair Corr
0.73	UVE	Universal Insurance	Pair Corr
0.88	WRB	W R Berkley	Pair Corr
0.62	HRTG	Heritage Insurance Hldgs	Pair Corr
0.72	5UI	Universal Insurance	Pair Corr

Moving against AMERISAFE Stock

0.58	WTM	White Mountains Insurance	Pair Corr
0.48	COFA	Coface SA	Pair Corr
0.35	SV2	Selective Insurance	Pair Corr
0.52	H0O	REVO INSURANCE SPA	Pair Corr
0.47	SBRE	Sabre Insurance Group	Pair Corr
0.32	SIGI	Selective Insurance	Pair Corr
0.69	FIBK	First Interstate Ban	Pair Corr
0.62	BIMT	Bitmis Corp	Pair Corr
0.58	SECVY	Seche Environnement	Pair Corr
0.57	APETF	Alpha Esports Tech	Pair Corr

Related Correlations Analysis

	TIPT	ITIC	EIG	PSKRF	TRRSF	HIPO	FACO	JRVR	MBI	AMBC
TIPT		0.38	-0.71	-0.37	-0.72	0.55	-0.35	-0.73	0.7	0.16	TIPT
ITIC	0.38		-0.25	-0.32	-0.34	0.34	-0.14	-0.29	-0.1	0.28	ITIC
EIG	-0.71	-0.25		0.62	0.92	-0.68	0.56	0.9	-0.69	-0.24	EIG
PSKRF	-0.37	-0.32	0.62		0.65	-0.73	0.12	0.6	-0.25	-0.01	PSKRF
TRRSF	-0.72	-0.34	0.92	0.65		-0.62	0.63	0.75	-0.64	-0.37	TRRSF
HIPO	0.55	0.34	-0.68	-0.73	-0.62		-0.14	-0.72	0.38	-0.08	HIPO
FACO	-0.35	-0.14	0.56	0.12	0.63	-0.14		0.29	-0.52	-0.52	FACO
JRVR	-0.73	-0.29	0.9	0.6	0.75	-0.72	0.29		-0.64	-0.05	JRVR
MBI	0.7	-0.1	-0.69	-0.25	-0.64	0.38	-0.52	-0.64		0.14	MBI
AMBC	0.16	0.28	-0.24	-0.01	-0.37	-0.08	-0.52	-0.05	0.14		AMBC
	TIPT	ITIC	EIG	PSKRF	TRRSF	HIPO	FACO	JRVR	MBI	AMBC

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

TRRSF	+ 0.92	EIG
JRVR	+ 0.9	EIG
JRVR	+ 0.75	TRRSF
MBI	+ 0.7	TIPT
TRRSF	+ 0.65	PSKRF
FACO	+ 0.63	TRRSF

High negative correlations

HIPO	- 0.73	PSKRF
JRVR	- 0.73	TIPT
JRVR	- 0.72	HIPO
TRRSF	- 0.72	TIPT
EIG	- 0.71	TIPT
MBI	- 0.69	EIG

Risk-Adjusted Indicators

There is a big difference between AMERISAFE Stock performing well and AMERISAFE 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 AMERISAFE'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
TIPT	0.91	(0.11)	0.00	(0.21)	0.00	0.00	1.86	(1.86)	7.30
ITIC	1.35	(0.10)	0.00	(0.02)	0.00	0.00	2.69	(2.52)	7.15
EIG	0.95	0.21	0.12	0.66	1.00	(1.05)	2.14	(2.15)	6.46
PSKRF	9.52	4.22	0.98	0.59	0.00	(37.93)	5.11	(0.68)	318.72
TRRSF	1.26	0.29	0.15	11.30	0.95	(2.19)	4.12	(1.76)	8.92
HIPO	1.56	(0.53)	0.00	(0.32)	0.00	0.00	2.63	(3.48)	11.62
FACO	1.31	0.02	(0.02)	0.19	1.78	(1.78)	3.33	(2.56)	9.57
JRVR	1.75	0.23	0.10	0.36	1.94	(2.05)	4.10	(4.28)	10.63
MBI	1.93	(0.02)	0.00	0.14	0.00	0.00	4.61	(3.77)	16.36
AMBC	2.15	0.15	0.01	(1.28)	3.57	(2.07)	3.57	(4.04)	20.03

AMERISAFE Corporate Management

Kathryn Shirley	Sr. VP, General Counsel and Secretary	Profile
Michael Cobb	Senior Operations	Profile
Henry IV	Senior Operations	Profile
Mary Hamel	VP Sales	Profile
Raymond Wise	Executive Officer	Profile

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

2026 Macroaxis LLC