BWINVSFRMEP• Today (Normalized)
The Baldwin Insurance Group Inc. logo
First Merchants Corporation Depository Shares logo

BWIN vs FRMEP (The Baldwin Insurance Group Inc. vs First Merchants Corporation Depository Shares)

Showing Closing Date Range from Sep, 14 to Sep, 15, 2026.

Normalized cumulative comparison anchored at 0.00% baseline to illustrate pure alpha, return divergence, and market momentum.

PRE-MARKET HOURS US Eastern Time (ET)

Pre-Market Session In Progress

2:43 AM ET
2026-09-16

Current time is 2:43 AM ET. The regular US trading session begins at 9:30 AM ET. Showing closing prices from the prior official trading session.

Today's Alpha Margin

BWIN leads by +0.81% Alpha Spread Today

BWIN is trading at +1.53% while FRMEP is at +0.72% .

BWIN (1.53%) FRMEP (0.72%)
Dominance Spread0.81% Spread
Card 1 • Session Start 9:30 AM ET OPEN

Started At

Official opening auction price

BWIN
Gap: +0.00 (0.00%)
$32.00
FRMEP
Gap: +0.18 (0.72%)
$25.22
Baseline Prior Closes $32.00 vs $25.04
Card 2 • Execution PRIOR SESSION

Previous Close

Baseline for today's market open

BWIN
Latest snapshot
$32.49
FRMEP
Latest snapshot
$25.22
Verified Snapshot2:43 AM ET
Card 3 • Net Move BWIN LEADING

Gained / Lost Today

Net return against previous session close

BWIN
+$0.49
+1.53%
FRMEP
+$0.18
+0.72%
Performance Lead +0.81% Advantage

Today's Trading Range Position

Where each asset is currently trading relative to its Day Low and Day High

BWIN $32.49 (71% of range)
Low: $31.95High: $32.71
FRMEP $25.22 (50% of range)
Low: $25.22High: $25.22

Session Liquidity & Volume

Trading activity, share volume, and estimated dollar liquidity

BWIN Liquidity
Share Volume
12.04M
Est. Dollar Volume
$391.05M
FRMEP Liquidity
Share Volume
500
Est. Dollar Volume
$12.6K

Session Ledger Comparison

Direct side-by-side breakdown of today's key auction and price metrics

MetricBWINFRMEPHead-to-Head Advantage
Today's Return+1.53% +0.72% BWIN +0.81%
Net Dollar Move+$0.49+$0.18BWIN higher move
Open Price$32.00$25.22 Gap: 0.00% vs 0.72%
Day High$32.71$25.22Session peaks
Day Low$31.95$25.22Session troughs
Intraday Spread$0.76$0.00High/Low spread
Share Volume12.04M500BWIN more active
Est. Dollar Volume$391.05M$12.6KBWIN higher liquidity
Multi-Day Trajectory ChartsInteractive Historical Comparison

Explore BWIN vs FRMEP Over Extended Timeframes

Today's session isolates intraday momentum. Switch to normalized multi-day timeframes to analyze historical correlations, cumulative returns, and divergence charts.