Top quant-rated global financial stocks: KINS, ROOT, SUPV

Global financials continue to head the triple momentum ranking, according to BofA Securities.

Triple momentum encompasses earnings momentum, price momentum, and news momentum.

Analysts explain that earnings momentum monitors the changing consensus of earnings estimates and is defined “as the three-month change in the consensus EPS estimate for each stock.”

Price Momentum is the sentiment of market participants buying and selling equities and is defined “as the slope of the log-linear regression using daily prices over the preceding 12-months.”

Finally, news momentum captures “the sentiment from all other market players including journalists, experts, regulators, corporates, and more.”

The global sectors ranking highest in triple momentum are insurance (KIE), diversified financials (VFH), and banks (KBE).

Here are the highest-ranking global stocks in insurance, diversified financials, and banks, according to Seeking Alpha quant metrics:

• Kingstone Companies Inc. (KINS) – Quant rating: 4.99
• Root Inc. (ROOT) – Quant rating: 4.98
• Grupo Supervielle S.A. (SUPV) – Quant rating: 4.95
• Wells Fargo & Co. (WFC) – Quant rating: 4.95
• Mizuho Financial Group Inc. (MFG) – Quant rating: 4.2
• The Progressive Corp. (PGR) – Quant rating: 4.92
• The Allstate Corp. (ALL) – Quant rating: 4.91
• International General Insurance Holdings Ltd. (IGIC) – Quant rating: 4.91
• Zurich Insurance Group AG (OTCQX:ZURVY) – Quant rating: 4.90
• The PNC Financial Services Group Inc. (PNC) – Quant rating: 4.90
• Banco BBVA Argentina S.A. (BBAR) – Quant rating: 4.89
• DBS Group Holdings Ltd. (OTCPK:DBSDY) – Quant rating: 4.84
• The Travelers Companies (TRV) – Quant rating: 4.84
• ICICI Bank Limited (IBN) – Quant rating: 4.83
• Fairfax Financial Holdings Limited (OTCPK:FRFHF) – Quant rating: 4.80
• Mercury General Corp. (MCY) – Quant rating: 4.80
• Cincinnati Financial Corp. (CINF) – Quant rating: 4.78
• United Fire Group Inc. (UFCS) – Quant rating: 4.75
• American Coastal Insurance Corp. (ACIC) – Quant rating: 4.72
• Intercorp Financial Services Inc. (IFS) – Quant rating: 4.68