Renaissancere Holdings Stock Alpha and Beta Analysis
| RNR Stock | USD 285.44 3.06 1.08% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Renaissancere Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Renaissancere Holdings over a specified time horizon. Remember, high Renaissancere Holdings' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Renaissancere Holdings' market risk premium analysis include:
Beta 1.03 | Alpha 0.09 | Risk 1.91 | Sharpe Ratio 0.0982 | Expected Return 0.19 |
Renaissancere Holdings Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Renaissancere |
Renaissancere Holdings Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Renaissancere Holdings market risk premium is the additional return an investor will receive from holding Renaissancere Holdings long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Renaissancere Holdings. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Renaissancere Holdings' performance over market.| α | 0.09 | β | 1.03 |
Renaissancere Holdings expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Renaissancere Holdings' Buy-and-hold return. Our buy-and-hold chart shows how Renaissancere Holdings performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Renaissancere Holdings Market Price Analysis
Market price analysis indicators help investors to evaluate how Renaissancere Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Renaissancere Holdings shares will generate the highest return on investment. By understating and applying Renaissancere Holdings stock market price indicators, traders can identify Renaissancere Holdings position entry and exit signals to maximize returns.
Renaissancere Holdings Return and Market Media
The median price of Renaissancere Holdings for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 265.81 with a coefficient of variation of 3.23. The daily time series for the period is distributed with a sample standard deviation of 8.62, arithmetic mean of 267.0, and mean deviation of 7.21. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Acquisition by Sean Brosnan of 1641 shares of Renaissancere Holdings subject to Rule 16b-3 | 09/20/2024 |
| Renaissancere Holdings dividend paid on 30th of September 2024 | 09/30/2024 |
2 | RenaissanceRe Schedules Third Quarter 2024 Financial Results Conference Call | 10/03/2024 |
3 | Disposition of 1000 shares by Robert Qutub of Renaissancere Holdings at 210.8 subject to Rule 16b-3 | 10/23/2024 |
4 | RenaissanceRe Holdings Ltd Q3 2024 Everything You Need to Know Ahead of Earnings | 11/06/2024 |
5 | Earnings call RenaissanceRe reports strong Q3 results, buoyed by Validus | 11/08/2024 |
6 | Evercore ISI Issues Positive Forecast for RenaissanceRe Stock Price | 11/11/2024 |
7 | IBD Rating Upgrades RenaissanceRe Hldgs Shows Improved Relative Price Strength | 11/13/2024 |
8 | Disposition of 1000 shares by David Marra of Renaissancere Holdings at 260.0 subject to Rule 16b-3 | 11/14/2024 |
9 | Analysis of Cooke Bieler LPs Recent Transaction in Malibu Boats Inc | 11/15/2024 |
10 | Disposition of 131 shares by Henry Klehm of Renaissancere Holdings subject to Rule 16b-3 | 11/18/2024 |
11 | Renaissancere director Henry Klehm III sells shares worth 450,048 | 11/19/2024 |
12 | Brokers Offer Predictions for RenaissanceRe FY2024 Earnings - MarketBeat | 11/22/2024 |
13 | AXIS Capital Rallies 65 percent YTD Time to Buy the Stock for Solid Returns | 11/26/2024 |
About Renaissancere Holdings Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Renaissancere or other stocks. Alpha measures the amount that position in Renaissancere Holdings has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2020 | 2023 | 2024 (projected) | Dividend Yield | 0.0127 | 0.0119 | 0.0229 | Price To Sales Ratio | 1.52 | 1.02 | 0.97 |
Renaissancere Holdings Upcoming Company Events
As portrayed in its financial statements, the presentation of Renaissancere Holdings' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Renaissancere Holdings' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Renaissancere Holdings' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Renaissancere Holdings. Please utilize our Beneish M Score to check the likelihood of Renaissancere Holdings' management manipulating its earnings.
| 30th of January 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 30th of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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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.