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Genworth Financial has the Highest Beta in the Multi-line Insurance Industry (GNW, HIG, AIG, HMN, L)Dec 28, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Multi-line Insurance industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.Genworth Financial ranks highest with a a beta of 1.7. Hartford Financial Services is next with a a beta of 1.6. American International ranks third highest with a a beta of 1.4. Horace Mann Educators follows with a a beta of 1.1, and Loews rounds out the top five with a a beta of 1.0. SmarTrend recommended that subscribers consider buying shares of Genworth Financial on September 7th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $5.56. Since that recommendation, shares of Genworth Financial have risen 30.4%. We continue to monitor Genworth Financial for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |