Reinsurance Competitors
| RGA Stock | USD 225.36 19.37 9.40% |
Reinsurance Group vs Globe Life Correlation
Very poor diversification
The correlation between Reinsurance Group of and GL is 0.88 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Reinsurance Group of and GL in the same portfolio, assuming nothing else is changed.
Moving together with Reinsurance Stock
| 0.75 | SCR | SCOR SE | PairCorr |
| 0.81 | RGPB | Reinsurance Group | PairCorr |
| 0.72 | WMT | Walmart Common Stock Aggressive Push | PairCorr |
Moving against Reinsurance Stock
| 0.72 | BROGF | BROGF | PairCorr |
| 0.59 | HNHPF | Hon Hai Precision | PairCorr |
| 0.58 | JD | JD Inc Adr | PairCorr |
| 0.43 | OXBR | Oxbridge Re Holdings | PairCorr |
Reinsurance Group Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Reinsurance Group and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Reinsurance and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Reinsurance Group does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Reinsurance Stock performing well and Reinsurance Group Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Reinsurance Group's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RNR | 1.06 | 0.25 | 0.14 | (2.47) | 1.02 | 2.58 | 5.84 | |||
| EG | 0.99 | 0.04 | 0.00 | 0.16 | 1.27 | 2.03 | 5.45 | |||
| AEG | 1.22 | 0.00 | (0.01) | 0.08 | 2.08 | 2.74 | 11.41 | |||
| UNM | 0.96 | 0.03 | (0.04) | 0.22 | 0.98 | 1.99 | 10.28 | |||
| ACGL | 0.81 | 0.24 | 0.16 | 12.97 | 0.71 | 1.92 | 4.71 | |||
| CNA | 0.76 | 0.19 | 0.12 | 1.33 | 0.74 | 1.62 | 4.93 | |||
| SF | 1.17 | 0.04 | 0.04 | 0.11 | 1.29 | 2.43 | 5.81 | |||
| AIZ | 0.72 | 0.19 | 0.13 | 1.38 | 0.72 | 1.73 | 5.46 | |||
| GL | 0.84 | 0.13 | 0.10 | 0.33 | 0.67 | 2.07 | 4.88 |
Cross Equities Net Income Analysis
Compare Reinsurance Group and related stocks such as Renaissancere Holdings, Everest Group, and Aegon NV ADR Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RNR | 39.2 M | (57.2 M) | 600.9 M | 690.6 M | 532.7 M | 431.2 M | 503 M | (222.4 M) | 227.4 M | 748.8 M | 762.4 M | (40.2 M) | (1.1 B) | 2.6 B | 1.9 B | 2.3 B | 2.4 B |
| EG | 700 K | (80.5 M) | 829 M | 1.3 B | 1.2 B | 977.9 M | 996.3 M | 482.8 M | 89 M | 1 B | 514.2 M | 1.4 B | 597 M | 2.5 B | 1.4 B | 1.6 B | 1.7 B |
| AEG | 139.5 M | 869 M | 1.6 B | 846 M | 1.2 B | (432 M) | 586 M | 2.4 B | 710 M | 1.2 B | 45 M | 2 B | (570 M) | (179 M) | 688 M | 791.2 M | 1 B |
| UNM | 886.1 M | 284.2 M | 894.4 M | 847 M | 402.1 M | 867.1 M | 931.4 M | 994.2 M | 523.4 M | 1.1 B | 793 M | 981 M | 1.4 B | 1.3 B | 1.8 B | 738.5 M | 594.6 M |
| ACGL | 1000 K | 436.4 M | 593.4 M | 709.7 M | 834.4 M | 537.7 M | 692.7 M | 619.3 M | 758 M | 1.6 B | 1.4 B | 2.2 B | 1.5 B | 4.4 B | 4.3 B | 5 B | 5.2 B |
| CNA | 180.1 M | 612 M | 628 M | 937 M | 691 M | 479 M | 859 M | 899 M | 813 M | 1000 M | 690 M | 1.2 B | 682 M | 1.2 B | 959 M | 1.1 B | 1.2 B |
| SF | 3.3 M | 84.1 M | 138.6 M | 162 M | 176.1 M | 92.3 M | 81.5 M | 182.9 M | 394 M | 448.4 M | 503.5 M | 824.9 M | 662.2 M | 522.5 M | 731.4 M | 683.8 M | 718 M |
| AIZ | 89.7 M | 539 M | 483.7 M | 488.9 M | 470.9 M | 141.6 M | 565.4 M | 519.6 M | 251 M | 382.6 M | 440.8 M | 1.4 B | 276.6 M | 642.5 M | 760.2 M | 874.2 M | 442.4 M |
| GL | 165.1 M | 497.2 M | 529.3 M | 528.5 M | 542.9 M | 527.1 M | 549.8 M | 1.5 B | 701 M | 760.8 M | 731.8 M | 745 M | 739.7 M | 970.8 M | 1.1 B | 1.2 B | 1.2 B |
Reinsurance Group and related stocks such as Renaissancere Holdings, Everest Group, and Aegon NV ADR Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Reinsurance Group financial statement analysis. It represents the amount of money remaining after all of Reinsurance Group of operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Reinsurance Group Competitive Analysis
The better you understand Reinsurance Group competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Reinsurance Group's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Reinsurance Group's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Reinsurance Group Competition Performance Charts
Five steps to successful analysis of Reinsurance Group Competition
Reinsurance Group's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Reinsurance Group in relation to its competition. Reinsurance Group's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Reinsurance Group in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Reinsurance Group's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Reinsurance Group, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Reinsurance Group position
In addition to having Reinsurance Group in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Government Funds Thematic Idea Now
Government Funds
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds theme has 42 constituents at this time.
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Check out Reinsurance Group Correlation with its peers. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Reinsurance space 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 Reinsurance Group. Anticipated expansion of Reinsurance directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Reinsurance Group assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth 0.635 | Dividend Share 3.6 | Earnings Share 13.04 | Revenue Per Share | Quarterly Revenue Growth 0.098 |
Investors evaluate Reinsurance Group using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Reinsurance Group's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause Reinsurance Group's market price to deviate significantly from intrinsic value.
It's important to distinguish between Reinsurance Group's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Reinsurance Group should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Reinsurance Group's market price signifies the transaction level at which participants voluntarily complete trades.
