Renaissancere Holdings Preferred Stock Price on December 24, 2024
| RNR-PG Preferred Stock | 16.82 0.06 0.36% |
If you're considering investing in RenaissanceRe Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of RenaissanceRe Holdings stands at 16.82, as last reported on the 25th of December, with the highest price reaching 16.98 and the lowest price hitting 16.70 during the day. RenaissanceRe Holdings maintains Sharpe Ratio (i.e., Efficiency) of -0.18, which implies the firm had a -0.18% return per unit of risk over the last 3 months. RenaissanceRe Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RenaissanceRe Holdings' Risk Adjusted Performance of (0.13), coefficient of variation of (607.47), and Variance of 0.7535 to confirm the risk estimate we provide.
RenaissanceRe Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
RenaissanceRe |
Sharpe Ratio = -0.1777
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RNR-PG |
Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average RenaissanceRe Holdings is not performing at its full potential. However, 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 RenaissanceRe Holdings to a well-diversified portfolio.
RenaissanceRe Holdings Valuation on December 24, 2024
It is possible to determine the worth of RenaissanceRe Holdings on a given historical date. On December 24, 2024 RenaissanceRe was worth 16.96 at the beginning of the trading date compared to the closed value of 16.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RenaissanceRe Holdings preferred stock. Still, in general, we apply an absolute valuation method to find RenaissanceRe Holdings' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of RenaissanceRe Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RenaissanceRe Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 17.19 | 17.19 | 16.88 | 16.88 | 19,014 | |
12/24/2024 | 16.96 | 16.98 | 16.70 | 16.82 | 19,179 |
| Backtest RenaissanceRe Holdings | | | RenaissanceRe Holdings History | Previous |
RenaissanceRe Holdings Trading Date Momentum on December 24, 2024
| On December 24 2024 RenaissanceRe Holdings was traded for 16.82 at the closing time. The maximum traded price for the trading interval was 16.98 and the lowest daily price was 16.70 . The daily volume was recorded at 19.2 K. The volume of trading on 24th of December 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.83% . |
Price Boundaries
RenaissanceRe Holdings Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
RenaissanceRe Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
RenaissanceRe Holdings December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how RenaissanceRe Holdings preferred 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 undertsting and applying RenaissanceRe Holdings preferred stock market strength indicators, traders can identify RenaissanceRe Holdings entry and exit signals to maximize returns
RenaissanceRe Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RenaissanceRe Holdings' price direction in advance. Along with the technical and fundamental analysis of RenaissanceRe Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of RenaissanceRe to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (1.42) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for RenaissanceRe Preferred 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.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |