Renaissancere Holdings Stock Buy Hold or Sell Recommendation
| RNR Stock | USD 286.15 0.71 0.25% |
Considering the 90-day investment horizon and your below-average risk tolerance, our recommendation regarding Renaissancere Holdings is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Renaissancere Holdings given historical horizon and risk tolerance towards Renaissancere Holdings. When Macroaxis issues a 'buy' or 'sell' recommendation for Renaissancere Holdings, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Renaissancere Holdings Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Renaissancere Stock, please use our How to Invest in Renaissancere Holdings guide. Note, we conduct extensive research on individual companies such as Renaissancere and provide practical buy, sell, or hold advice based on investors' constraints. Renaissancere Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Renaissancere |
Execute Renaissancere Holdings Buy or Sell Advice
The Renaissancere recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Renaissancere Holdings. Macroaxis does not own or have any residual interests in Renaissancere Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Renaissancere Holdings' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Renaissancere Holdings Trading Alerts and Improvement Suggestions
| 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 zacks.com: AXIS Capital Rallies 65 percent YTD Time to Buy the Stock for Solid Returns |
Renaissancere Holdings Returns Distribution Density
The distribution of Renaissancere Holdings' historical returns is an attempt to chart the uncertainty of Renaissancere Holdings' future price movements. The chart of the probability distribution of Renaissancere Holdings daily returns describes the distribution of returns around its average expected value. We use Renaissancere Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Renaissancere Holdings returns is essential to provide solid investment advice for Renaissancere Holdings.
| Mean Return | 0.19 | Value At Risk | -1.54 | Potential Upside | 2.90 | Standard Deviation | 1.88 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Renaissancere Holdings historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Renaissancere Stock Institutional Investors
The Renaissancere Holdings' institutional investors refer to entities that pool money to purchase Renaissancere Holdings' securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Capital Research Global Investors | 2024-09-30 | 1.3 M | Impax Asset Management Group Plc | 2024-06-30 | 1.3 M | Cooke & Bieler Lp | 2024-09-30 | 1.2 M | Polar Capital Holdings Plc | 2024-06-30 | 1.2 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.1 M | Fidelity International Ltd | 2024-06-30 | 1 M | Geode Capital Management, Llc | 2024-09-30 | 920.8 K | Amvescap Plc. | 2024-06-30 | 749.9 K | Norges Bank | 2024-06-30 | 697.8 K | Vanguard Group Inc | 2024-09-30 | 5.4 M | Blackrock Inc | 2024-06-30 | 4.7 M |
Renaissancere Holdings Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 271.1M | 357.7M | 122.2M | (664.7M) | 683.2M | 717.3M | |
| Free Cash Flow | 2.1B | 2.0B | 1.2B | 1.1B | 1.9B | 2.0B | |
| Depreciation | (59.0M) | 16.7M | (21.0M) | (27.0M) | (134.8M) | (128.0M) | |
| Other Non Cash Items | (427.5M) | (788.8M) | 219.1M | 1.6B | (490.4M) | (465.9M) | |
| Dividends Paid | 96.1M | 99.4M | 100.7M | 100.1M | 110.5M | 81.9M | |
| Capital Expenditures | 4.1M | 2.3B | 816.3M | 481.3M | 1.4B | 1.5B | |
| Net Income | 950.3M | 993.1M | (103.4M) | (1.2B) | 3.6B | 3.8B | |
| End Period Cash Flow | 1.4B | 1.7B | 1.9B | 1.2B | 1.9B | 2.0B | |
| Change To Inventory | 1.1B | 1.4B | 3.4B | (971K) | (1.1M) | (1.1M) | |
| Investments | (604.7M) | 15.2B | 54.3M | (3.0B) | (4.7B) | (4.5B) | |
| Change Receivables | (307.1M) | (487.7M) | (2.3B) | (2.0B) | (1.8B) | (1.7B) | |
| Change To Netincome | (415.2M) | (788.8M) | 219.1M | 1.6B | 1.9B | 2.0B |
Renaissancere Holdings Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Renaissancere Holdings or Insurance sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Renaissancere Holdings' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Renaissancere stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 1.06 | |
σ | Overall volatility | 1.90 | |
Ir | Information ratio | 0.03 |
Renaissancere Holdings Volatility Alert
Renaissancere Holdings currently demonstrates below-average downside deviation. It has Information Ratio of 0.03 and Jensen Alpha of 0.04. 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 bullish 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 financial instruments as prices fall.Renaissancere Holdings Fundamentals Vs Peers
Comparing Renaissancere Holdings' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Renaissancere Holdings' direct or indirect competition across all of the common fundamentals between Renaissancere Holdings and the related equities. This way, we can detect undervalued stocks with similar characteristics as Renaissancere Holdings or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Renaissancere Holdings' fundamental indicators could also be used in its relative valuation, which is a method of valuing Renaissancere Holdings by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Renaissancere Holdings to competition |
| Fundamentals | Renaissancere Holdings | Peer Average |
| Return On Equity | 0.32 | -0.31 |
| Return On Asset | 0.0633 | -0.14 |
| Profit Margin | 0.29 % | (1.27) % |
| Operating Margin | 0.44 % | (5.51) % |
| Current Valuation | 15.98 B | 16.62 B |
| Shares Outstanding | 51.94 M | 571.82 M |
| Shares Owned By Insiders | 1.00 % | 10.09 % |
| Shares Owned By Institutions | 99.00 % | 39.21 % |
| Number Of Shares Shorted | 1.35 M | 4.71 M |
| Price To Earning | 17.70 X | 28.72 X |
| Price To Book | 1.42 X | 9.51 X |
| Price To Sales | 1.17 X | 11.42 X |
| Revenue | 9.09 B | 9.43 B |
| Gross Profit | (787.92 M) | 27.38 B |
| EBITDA | 3.28 B | 3.9 B |
| Net Income | 3.62 B | 570.98 M |
| Cash And Equivalents | 1.19 B | 2.7 B |
| Cash Per Share | 448.80 X | 5.01 X |
| Total Debt | 1.96 B | 5.32 B |
| Debt To Equity | 0.12 % | 48.70 % |
| Current Ratio | 1.32 X | 2.16 X |
| Book Value Per Share | 202.01 X | 1.93 K |
| Cash Flow From Operations | 1.91 B | 971.22 M |
| Short Ratio | 2.82 X | 4.00 X |
| Earnings Per Share | 70.99 X | 3.12 X |
| Price To Earnings To Growth | (3.13) X | 4.89 X |
| Target Price | 296.18 | |
| Number Of Employees | 925 | 18.84 K |
| Beta | 0.39 | -0.15 |
| Market Capitalization | 14.86 B | 19.03 B |
| Total Asset | 49.01 B | 29.47 B |
| Retained Earnings | 6.52 B | 9.33 B |
| Annual Yield | 0.01 % |
Note: Disposition of 131 shares by Henry Klehm of Renaissancere Holdings subject to Rule 16b-3 [view details]
Renaissancere Holdings Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Renaissancere . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Renaissancere Holdings Buy or Sell Advice
When is the right time to buy or sell Renaissancere Holdings? Buying financial instruments such as Renaissancere Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional 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.