Macroaxis provides advice on Renaissancere Holdings to complement and cross-verify current
analyst consensus on Renaissancere Holdings. Our recommendation engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon.
The company has Net Profit Margin of
(1.19) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of
(3.11) %, which entails that for every $100 of revenue, it lost -0.03.
The successful prediction of Renaissancere Holdings
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as Renaissancere Holdings, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of Renaissancere Holdings based on Renaissancere Holdings hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to Renaissancere Holdings's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Renaissancere Holdings's related companies.
Use Technical Analysis to project Renaissancere expected Price
Renaissancere Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Renaissancere Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Renaissancere Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...Renaissancere Holdings Gross Profit
Renaissancere Holdings Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Renaissancere Holdings previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Renaissancere Holdings Gross Profit growth over the last 10 years. Please check Renaissancere Holdings'
gross profit and other
fundamental indicators for more details.
Breaking it down a bit more
The latest bullish price patterns experienced by current Renaissancere Holdings shareholders created some momentum for retail investors as it was traded today as low as
160.59 and as high as
165.59 per share. The company directors and management have been very successful in rebalancing the company assets at opportune times to take advantage of market volatility in
December. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.67. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
Renaissancere Holdings will most likely finish below $169 in 60 days
Latest value at risk is at -2.45. Renaissancere Holdings has relatively low volatility with skewness of 0.06 and kurtosis of 1.06. However, we advise all investors to independently investigate Renaissancere Holdings to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Renaissancere Holdings' stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Renaissancere Holdings' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Renaissancere Holdings Implied Volatility
Renaissancere Holdings' implied volatility exposes the market's sentiment of Renaissancere Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Renaissancere Holdings' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Renaissancere Holdings stock will not fluctuate a lot when Renaissancere Holdings' options are near their expiration.
The Current Takeaway on Renaissancere Holdings Investment
While some other firms in the insurance—reinsurance industry are either recovering or due for a correction, Renaissancere Holdings may not be performing as strong as the other in terms of long-term growth potentials. In closing, as of the 25th of January 2022, we believe that Renaissancere Holdings is currently
fairly valued with
low chance of bankruptcy in the next two years. Our overall 90 days 'Buy-Sell' recommendation on the enterprise is
Strong Buy.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Renaissancere Holdings. Please refer to our
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