RenaissanceRe Holdings (Germany) Price on June 20, 2024

RRJ Stock  EUR 238.00  6.00  2.59%   
If you're considering investing in RenaissanceRe Stock, it is important to understand the factors that can impact its price. As of today, the current price of RenaissanceRe Holdings stands at 238.00, as last reported on the 23rd of December, with the highest price reaching 238.00 and the lowest price hitting 238.00 during the day. At this point, RenaissanceRe Holdings is very steady. RenaissanceRe Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0181, which implies the firm had a 0.0181% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for RenaissanceRe Holdings, which you can use to evaluate the volatility of the company. Please check RenaissanceRe Holdings' Semi Deviation of 2.25, coefficient of variation of 3389.81, and Risk Adjusted Performance of 0.0298 to confirm if the risk estimate we provide is consistent with the expected return of 0.0406%.
  
RenaissanceRe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0181

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Estimated Market Risk

 2.25
  actual daily
20
80% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average RenaissanceRe Holdings is performing at about 1% 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 June 20, 2024

It is possible to determine the worth of RenaissanceRe Holdings on a given historical date. On June 20, 2024 RenaissanceRe was worth 207.33 at the beginning of the trading date compared to the closed value of 207.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RenaissanceRe Holdings 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
  207.33    207.33    207.33    207.33    1.00  
06/20/2024
  207.33    207.33    207.33    207.33    1.00  
  209.32    209.32    209.32    209.32    1.00  
Backtest RenaissanceRe Holdings  |  RenaissanceRe Holdings History  |  RenaissanceRe Holdings Valuation   PreviousNext  
Open Value
207.33
200.59
Downside
207.33
Closing Value
214.07
Upside

RenaissanceRe Holdings Trading Date Momentum on June 20, 2024

On June 21 2024 RenaissanceRe Holdings was traded for  209.32  at the closing time. The highest daily price throughout the period was 209.32  and the lowest price was  209.32 . There was no trading activity during the period 1.0. Lack of trading volume on 06/21/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 0.96% . The trading delta at closing time to current closing price is 0.96% .

RenaissanceRe Holdings Fundamentals Correlations and Trends

By evaluating RenaissanceRe Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among RenaissanceRe Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RenaissanceRe financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About RenaissanceRe Holdings Stock history

RenaissanceRe Holdings investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for RenaissanceRe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RenaissanceRe Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing RenaissanceRe Holdings stock prices may prove useful in developing a viable investing in RenaissanceRe Holdings
RenaissanceRe Holdings Ltd. provides reinsurance and insurance products in the United States and internationally. RenaissanceRe Holdings Ltd. was founded in 1993 and is headquartered in Pembroke, Bermuda. RenaissanceRe Holdings operates under Insurance - Reinsurance classification in Germany and is traded on Frankfurt Stock Exchange. It employs 411 people.

RenaissanceRe Holdings Stock Technical Analysis

RenaissanceRe Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of RenaissanceRe Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of RenaissanceRe Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

RenaissanceRe Holdings Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

RenaissanceRe Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 23, 2024 Market Strength

Market strength indicators help investors to evaluate how RenaissanceRe Holdings 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 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 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.

Complementary 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.
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