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Confirmed

Insurance and Cloud Tech

8 names are moving together; 38% are participating in the current session.

Co-movement

Observed intraday paths are not available for this group yet.

Members

TICKERCompanySectorTodayObserved activity
SIGISelective Insurance Group, Inc.Financial Services-1.4%Most structurally connected
SJMThe J.M. Smucker CompanyConsumer Defensive-1.3%Group member
RNRRenaissanceRe Holdings Ltd.Financial Services-0.3%Group member
QSRRestaurant Brands InternationalConsumer Cyclical-1.3%Group member
KCKingsoft Cloud Holdings LimitedTechnology-6.4%Group member
HIMXHimax Technologies, Inc.Technology-1.1%Group member
SHMDSCHMID Group N.V.Industrials+3.6%Group member
DOCNDigitalOcean Holdings, Inc.Technology+2.5%Group member

Why we believe this

Cohort

8 names

Participation

38% this session

Observed history

1 daily builds

Filing coverage

5/8 members

credit / rates affecting interest expense

The change was offset by $8.8 million higher interest expense mostly due to interest on our Term Loan A and issuance cost amortization of our convertible notes and $8.6 million of lower interest income resulting from a reduction in our balance of cash and cash equivalents.

DOCN 10-K

restructuring

We have in the past and may in the future undertake internal restructuring activities that could result in disruptions to our business or otherwise materially harm our results of operations or financial condition.

DOCN 10-K

pricing

Lower renewal pure price increases this year compared to last were driven by a reduction in rates for physical damage that were partially offset by higher commercial automobile liability rates.

SIGI 10-Q

Insurance and Cloud Tech can stay leader-led if KC and the next software names fail to join while SIGI keeps moving.

Connected, outside the group

No high-confidence filing-linked non-members are available for this group yet.

History

Historical cohort observations are not available yet.