Renaissancere Competitors

RNR Stock  USD 264.64  0.34  0.13%   
Renaissancere Holdings competes with Reinsurance Group, Greenlight Capital, Siriuspoint, SCOR PK, and Maiden Holdings; as well as few others. The company runs under Insurance sector within Financials industry. Analyzing Renaissancere Holdings competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Renaissancere Holdings to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Renaissancere Holdings Correlation with its peers.
To learn how to invest in Renaissancere Stock, please use our How to Invest in Renaissancere Holdings guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Renaissancere Holdings competition on your existing holdings.
  
As of 11/22/2024, Return On Tangible Assets is likely to grow to 0.06. Also, Return On Capital Employed is likely to grow to 0.11. At this time, Renaissancere Holdings' Return On Assets are relatively stable compared to the past year. As of 11/22/2024, Asset Turnover is likely to grow to 0.21, while Total Current Assets are likely to drop slightly above 4.6 B.
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Hype
Prediction
LowEstimatedHigh
262.78264.64266.50
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Intrinsic
Valuation
LowRealHigh
222.12223.98291.10
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Naive
Forecast
LowNextHigh
265.74267.60269.46
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12 Analysts
Consensus
LowTargetHigh
227.27249.75277.22
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Renaissancere Holdings Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Renaissancere Holdings 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 Renaissancere 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 Renaissancere Holdings does not affect the price movement of the other competitor.
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High positive correlations   
GLRERGA
RNR-PFRE
SPNT-PBBNRE
RNR-PGRNR-PF
RNR-PGRE
SPNT-PBSCRYY
  
High negative correlations   
SPNT-PBRE
REBNRE
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RERGA

Risk-Adjusted Indicators

There is a big difference between Renaissancere Stock performing well and Renaissancere Holdings 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 Renaissancere Holdings' 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
RGA  1.08  0.01  0.03  0.11  1.26 
 2.26 
 10.03 
GLRE  1.10  0.02  0.05  0.11  1.29 
 3.28 
 12.12 
SPNT  1.32  0.13  0.00 (0.23) 1.69 
 2.19 
 13.03 
SCRYY  2.12  0.39  0.11 (0.94) 2.04 
 5.61 
 12.99 
BNRE  1.40  0.09  0.02  0.31  1.84 
 2.83 
 9.52 
RE  1.10 (0.02) 0.00  0.21  0.00 
 2.29 
 6.28 
MHLD  2.96 (0.47) 0.00 (0.04) 0.00 
 7.06 
 21.08 
SPNT-PB  0.20  0.03 (0.34)(0.37) 0.10 
 0.44 
 1.27 
RNR-PF  0.35 (0.01)(0.19) 0.03  0.49 
 0.62 
 1.88 
RNR-PG  0.47 (0.02) 0.00  5.58  0.00 
 0.75 
 3.37 

Cross Equities Net Income Analysis

Compare Renaissancere Holdings and related stocks such as Reinsurance Group, Greenlight Capital, and Siriuspoint Net Income Over Time
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Return On Equity
201020112012201320142015201620172018201920202021202220232024
RGA34.1 M599.6 M631.9 K418.9 K684 K502.2 K701.4 K1.8 M716 K870 M415 M617 M517 M902 M947.1 M
GLRE6.8 M6.8 M14.6 M225.7 M109.6 M(326.4 M)44.9 M(45 M)(350.1 M)(4 M)3.9 M17.6 M25.3 M86.8 M91.2 M
SPNT(1.1 M)(1.1 M)99.4 M227.3 M50.4 M(87.4 M)27.6 M277.8 M(317.7 M)200.6 M143.5 M58.1 M(386 M)354.8 M372.5 M
MHLD22.1 M28.5 M50.2 M102.7 M101.4 M124.5 M49 M(169.9 M)(544.6 M)(109.4 M)41.8 M18.9 M(59.8 M)(38.6 M)(36.6 M)

Renaissancere Holdings and related stocks such as Reinsurance Group, Greenlight Capital, and Siriuspoint Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Renaissancere Holdings financial statement analysis. It represents the amount of money remaining after all of Renaissancere Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Renaissancere Holdings Competitive Analysis

The better you understand Renaissancere Holdings competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Renaissancere Holdings' 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 Renaissancere Holdings' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
RNR RGA GLRE SPNT SCRYY BNRE RE MHLD SPNT-PB RNR-PF
 0.13 
 264.64 
Renaissancere
 0.94 
 229.17 
Reinsurance
 1.90 
 15.00 
Greenlight
 2.68 
 15.30 
Siriuspoint
 1.17 
 2.54 
SCOR
 1.26 
 47.12 
Brookfield
 1.28 
 351.28 
Colas
 1.21 
 1.67 
Maiden
 0.24 
 25.31 
SiriusPoint
 0.45 
 24.43 
RenaissanceRe
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Renaissancere Holdings Competition Performance Charts

Five steps to successful analysis of Renaissancere Holdings Competition

Renaissancere Holdings' 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 Renaissancere Holdings in relation to its competition. Renaissancere Holdings' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Renaissancere Holdings 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 Renaissancere Holdings' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Renaissancere Holdings, 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.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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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.