Renaissancere Holdings Stock Performance
| RNR Stock | USD 222.84 6.44 2.98% |
Renaissancere Holdings has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of -0.0425, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Renaissancere Holdings are expected to decrease at a much lower rate. During the bear market, Renaissancere Holdings is likely to outperform the market. Renaissancere Holdings right now holds a risk of 1.48%. Please check Renaissancere Holdings potential upside, as well as the relationship between the accumulation distribution and price action indicator , to decide if Renaissancere Holdings will be following its historical price patterns.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Renaissancere Holdings are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak basic indicators, Renaissancere Holdings may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
Actual Historical Performance (%)
One Day Return 2.98 | Five Day Return 2.56 | Year To Date Return 11.34 | Ten Year Return 121.14 | All Time Return 3 K |
Forward Dividend Yield 0.0072 | Payout Ratio 0.0413 | Last Split Factor 3:1 | Forward Dividend Rate 1.56 | Dividend Date 2024-03-29 |
1 | RenaissanceRe Reports 1.6 Billion of Quarterly Net Income Available to Common Shareholders and 623.1 Million of Quarterly Operating Income Available to Common S... | 01/30/2024 |
2 | Boost adds over 130mm of new reinsurance capacity to accelerate its MGA platform growth | 02/08/2024 |
3 | RenaissanceRe Holdings Ltd. Receives 240.90 Average PT from Analysts | 03/01/2024 |
4 | RenaissanceRe Holdings five-year earnings growth trails the 12 percent YoY shareholder returns | 03/15/2024 |
5 | RenaissanceRe Holdings Ltd. Receives Consensus Recommendation of Hold from Analysts - Defense World | 03/19/2024 |
6 | Disposition of 10106 shares by Kevin ODonnell of Renaissancere Holdings at 235.4 subject to Rule 16b-3 | 03/20/2024 |
7 | Whittier Trust Co. Grows Position in RenaissanceRe Holdings Ltd. - MarketBeat | 03/22/2024 |
8 | RenaissanceRe, A Dividend Stock, Sees Profits Pop Near All-Time High | 03/27/2024 |
9 | Renaissancere Holdings Ltd Is the Top Stock in the Insurance - Reinsurance Industry - InvestorsObserver | 04/02/2024 |
10 | Fifth Third Bancorp Sells 71 Shares of RenaissanceRe Holdings Ltd. - Defense World | 04/05/2024 |
11 | JPMorgan Chase Co. Increases RenaissanceRe Price Target to 237.00 - MarketBeat | 04/08/2024 |
12 | 8th Annual RNR Tire Express Mothers Day Giveaway Promises a New Buick Encore | 04/11/2024 |
13 | Louisiana State Employees Retirement System Invests 2.88 Million in RenaissanceRe Holdings Ltd. - MarketBeat | 04/16/2024 |
| Begin Period Cash Flow | 1.2 B | |
| Free Cash Flow | 1.9 B |
Renaissancere |
Renaissancere Holdings Relative Risk vs. Return Landscape
If you would invest 20,874 in Renaissancere Holdings on January 20, 2024 and sell it today you would earn a total of 1,410 from holding Renaissancere Holdings or generate 6.75% return on investment over 90 days. Renaissancere Holdings is generating 0.1144% of daily returns assuming volatility of 1.476% on return distribution over 90 days investment horizon. In other words, 13% of stocks are less volatile than Renaissancere, and above 98% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Renaissancere Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Renaissancere Holdings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Renaissancere Holdings, and traders can use it to determine the average amount a Renaissancere Holdings' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0775
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Estimated Market Risk
| 1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Renaissancere Holdings is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Renaissancere Holdings by adding it to a well-diversified portfolio.
Renaissancere Holdings Fundamentals Growth
Renaissancere Stock prices reflect investors' perceptions of the future prospects and financial health of Renaissancere Holdings, and Renaissancere Holdings fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Renaissancere Stock performance.
| Return On Equity | 0.28 | ||||
| Return On Asset | 0.0482 | ||||
| Profit Margin | 0.28 % | ||||
| Operating Margin | 0.47 % | ||||
| Current Valuation | (6.8 B) | ||||
| Shares Outstanding | 52.71 M | ||||
| Price To Earning | 17.70 X | ||||
| Price To Book | 1.31 X | ||||
| Price To Sales | 1.24 X | ||||
| Revenue | 9.09 B | ||||
| Gross Profit | (787.92 M) | ||||
| EBITDA | 2.53 B | ||||
| Net Income | 3.62 B | ||||
| Cash And Equivalents | 1.19 B | ||||
| Cash Per Share | 448.80 X | ||||
| Total Debt | 1.96 B | ||||
| Debt To Equity | 0.12 % | ||||
| Current Ratio | 1.32 X | ||||
| Book Value Per Share | 165.20 X | ||||
| Cash Flow From Operations | 1.91 B | ||||
| Earnings Per Share | 52.26 X | ||||
| Market Capitalization | 11.75 B | ||||
| Total Asset | 49.01 B | ||||
| Retained Earnings | 6.52 B | ||||
About Renaissancere Holdings Performance
To evaluate Renaissancere Holdings Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Renaissancere Holdings generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Renaissancere Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Renaissancere Holdings market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Renaissancere's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | -1 K | -1.1 K | |
| Return On Tangible Assets | 0.05 | 0.06 | |
| Return On Capital Employed | 0.06 | 0.11 | |
| Return On Assets | 0.05 | 0.06 | |
| Return On Equity | 0.27 | 0.28 |
Things to note about Renaissancere Holdings performance evaluation
Checking the ongoing alerts about Renaissancere Holdings for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Renaissancere Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Renaissancere Holdings is unlikely to experience financial distress in the next 2 years | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Louisiana State Employees Retirement System Invests 2.88 Million in RenaissanceRe Holdings Ltd. - MarketBeat |
- Analyzing Renaissancere Holdings' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Renaissancere Holdings' stock is overvalued or undervalued compared to its peers.
- Examining Renaissancere Holdings' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Renaissancere Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Renaissancere Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Renaissancere Holdings' stock. These opinions can provide insight into Renaissancere Holdings' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Renaissancere Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Renaissancere Stock, please use our How to Invest in Renaissancere Holdings guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Renaissancere Stock analysis
When running Renaissancere Holdings' price analysis, check to measure Renaissancere Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Renaissancere Holdings is operating at the current time. Most of Renaissancere Holdings' value examination focuses on studying past and present price action to predict the probability of Renaissancere Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renaissancere Holdings' price. Additionally, you may evaluate how the addition of Renaissancere Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Renaissancere Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Renaissancere Holdings. If investors know Renaissancere will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Renaissancere Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.914 | Dividend Share 1.52 | Earnings Share 52.26 | Revenue Per Share 193.209 | Quarterly Revenue Growth 0.598 |
The market value of Renaissancere Holdings is measured differently than its book value, which is the value of Renaissancere that is recorded on the company's balance sheet. Investors also form their own opinion of Renaissancere Holdings' value that differs from its market value or its book value, called intrinsic value, which is Renaissancere Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Renaissancere Holdings' market value can be influenced by many factors that don't directly affect Renaissancere Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Renaissancere Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Renaissancere Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renaissancere Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.