Renaissancere Holdings Preferred Stock Price on March 11, 2024
| RNR-PG Preferred Stock | 18.40 0.57 3.20% |
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 18.40, as last reported on the 1st of December, with the highest price reaching 18.43 and the lowest price hitting 17.85 during the day. RenaissanceRe Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0486, which implies the firm had a 0.0486% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for RenaissanceRe Holdings, which you can use to evaluate the volatility of the company. Please check RenaissanceRe Holdings' Semi Deviation of 0.6875, risk adjusted performance of 0.0239, and Coefficient Of Variation of 3157.44 to confirm if the risk estimate we provide is consistent with the expected return of 0.0362%.
RenaissanceRe Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
RenaissanceRe |
Sharpe Ratio = 0.0486
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| Negative Returns | RNR-PG |
Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average RenaissanceRe Holdings is performing at about 3% of its full potential. 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 it to a well-diversified portfolio.
RenaissanceRe Holdings Valuation on March 11, 2024
It is possible to determine the worth of RenaissanceRe Holdings on a given historical date. On March 11, 2024 RenaissanceRe was worth 18.17 at the beginning of the trading date compared to the closed value of 18.09. 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 | |
| 18.14 | 18.23 | 18.14 | 18.14 | 12,215 | |
03/11/2024 | 18.17 | 18.24 | 18.04 | 18.09 | 18,363 |
| 18.11 | 18.14 | 17.98 | 18.12 | 10,654 |
| Backtest RenaissanceRe Holdings | | | RenaissanceRe Holdings History | Previous | Next |
RenaissanceRe Holdings Trading Date Momentum on March 11, 2024
| On March 12 2024 RenaissanceRe Holdings was traded for 18.12 at the closing time. The maximum traded price for the trading interval was 18.14 and the lowest daily price was 17.98 . The daily volume was recorded at 10.7 K. The volume of trading on 12th of March 2024 played a part in the next trading day price rise. The trading delta at closing time to the next closing price was 0.17% . The trading delta at closing time to the closing price today is 0.94% . |
Price Boundaries
RenaissanceRe Holdings Period Price Range
Low | December 1, 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 1, 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 | 0.0239 | |||
| Jensen Alpha | 0.0107 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | 0.6414 |
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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.
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