The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.

The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.

Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.

Green Dot Corporation (NYSE:GDOT)

• Green Dot lowered its 2023 adjusted EPS guidance. "Despite continued headwinds, we are encouraged by the progress we made completing our processor conversions and the opportunity to refocus our resources and efforts on growth-oriented initiatives," said George Gresham, Chief Executive Officer of Green Dot. The company’s stock has a 52-week low of $7.30 .
• RSI Value: 24.30
• GDOT Price Action: Shares of Green Dot gained 2.9% to close at $8.28 on Wednesday.

Unum Group (NYSE:UNM)

• Unum reported worse-than-expected third-quarter sales results. "Our strong performance reflected excellent execution across the enterprise, with very strong top-line growth and profitability," said Richard P. McKenney, president and chief executive officer. It has a 52-week low of $36.27.
• RSI Value: 27.98
• UNM Price Action: Shares of Unum Group gained 0.6% to close at $42.56 on Wednesday.

Cheche Group Inc. (NASDAQ:CCG)

• The company’s stock fell around 17% over the past month. The company’s stock has a 52-week low of $4.88.
• RSI Value: 13.68
• CCG Price Action: Shares of Cheche Group closed at $5.06 on Wednesday.

James River Group Holdings, Ltd. (NASDAQ:JRVR)

• James River Group reported worse-than-expected third-quarter revenue results. Frank D'Orazio, the Company’s Chief Executive Officer, said, “During the quarter we continued to execute on our strategy of re-focusing our resources on businesses where we have meaningful scale and profitability, highlighted by the sale of the renewal rights of our individual risk workers' compensation business. The E&S segment continues to benefit from strong trading conditions, with renewal rate increases of 12% and greater than 10% premium growth in our Core E&S divisions.” The company’s 52-week low is $8.15.
• RSI Value: 25.19
• JRVR Price Action: Shares of James River fell 4.7% to close at $8.72 on Wednesday.

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