RenaissanceRe Holdings (Germany) Buy Hold or Sell Recommendation

RRJ Stock  EUR 238.00  6.00  2.59%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding RenaissanceRe Holdings is 'Cautious Hold'. Macroaxis provides RenaissanceRe Holdings buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding RRJ positions.
  
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.
For more detail on 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.

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

Execute Advice
Sell RenaissanceRe HoldingsBuy RenaissanceRe Holdings
Cautious Hold

Market Performance

WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Responds to the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon RenaissanceRe Holdings has a Mean Deviation of 1.53, Semi Deviation of 2.25, Standard Deviation of 2.24, Variance of 5.01, Downside Variance of 8.43 and Semi Variance of 5.08
Macroaxis provides advice on RenaissanceRe Holdings to complement and cross-verify current analyst consensus on RenaissanceRe Holdings. Our recommendation engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure RenaissanceRe Holdings is not overpriced, please check all RenaissanceRe Holdings fundamentals, including its ebitda, total debt, and the relationship between the revenue and cash and equivalents .

RenaissanceRe Holdings Trading Alerts and Improvement Suggestions

The company reported the revenue of 5.05 B. Net Loss for the year was (1.06 B) with loss before overhead, payroll, taxes, and interest of (787.92 M).
Over 99.0% of the company shares are owned by institutional investors

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
0.07
Value At Risk
-3.91
Potential Upside
3.17
Standard Deviation
2.24
   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 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 Financial Services 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
0.03
β
Beta against Dow Jones1.21
σ
Overall volatility
2.23
Ir
Information ratio 0.02

RenaissanceRe Holdings Volatility Alert

RenaissanceRe Holdings currently demonstrates below-average downside deviation. It has Information Ratio of 0.02 and Jensen Alpha of 0.03. 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
FundamentalsRenaissanceRe HoldingsPeer Average
Return On Equity-0.12-0.31
Return On Asset-0.0197-0.14
Profit Margin(0.21) %(1.27) %
Operating Margin(0.22) %(5.51) %
Current Valuation8.2 B16.62 B
Shares Outstanding43.72 M571.82 M
Shares Owned By Insiders1.84 %10.09 %
Shares Owned By Institutions99.02 %39.21 %
Price To Earning15.70 X28.72 X
Price To Book1.88 X9.51 X
Price To Sales1.63 X11.42 X
Revenue5.05 B9.43 B
Gross Profit(787.92 M)27.38 B
EBITDA(1.42 B)3.9 B
Net Income(1.06 B)570.98 M
Cash And Equivalents14.9 B2.7 B
Cash Per Share337.35 X5.01 X
Total Debt1.14 B5.32 B
Debt To Equity16.10 %48.70 %
Current Ratio1.45 X2.16 X
Book Value Per Share104.66 X1.93 K
Cash Flow From Operations1.6 B971.22 M
Earnings Per Share(24.68) X3.12 X
Target Price180.67
Number Of Employees71818.84 K
Beta0.44-0.15
Market Capitalization8.85 B19.03 B
Total Asset36.55 B29.47 B
Z Score4.28.72
Annual Yield0.01 %
Five Year Return0.99 %
Net Asset36.55 B
Last Dividend Paid1.48

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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In addition to having RenaissanceRe Holdings 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.

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An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. The Macroaxis Index theme has 52 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Macroaxis Index Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in RenaissanceRe Stock

When determining whether RenaissanceRe Holdings is a strong investment it is important to analyze RenaissanceRe Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact RenaissanceRe Holdings' future performance. For an informed investment choice regarding RenaissanceRe Stock, refer to the following important reports:
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.
For more detail on how to invest in RenaissanceRe Stock please use our How to Invest in RenaissanceRe Holdings guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Please note, there is a significant difference between RenaissanceRe Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if RenaissanceRe Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RenaissanceRe Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.