Reinsurance Group Of Stock Beta
| RGA Stock | USD 229.17 2.14 0.94% |
Reinsurance Group of fundamentals help investors to digest information that contributes to Reinsurance Group's financial success or failures. It also enables traders to predict the movement of Reinsurance Stock. The fundamental analysis module provides a way to measure Reinsurance Group's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Reinsurance Group stock.
Reinsurance | Beta |
Reinsurance Group of Company Beta Analysis
Reinsurance Group's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Reinsurance Group Beta | 0.91 |
Most of Reinsurance Group's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Reinsurance Group of is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Reinsurance Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Reinsurance Group is extremely important. It helps to project a fair market value of Reinsurance Stock properly, considering its historical fundamentals such as Beta. Since Reinsurance Group's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Reinsurance Group's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Reinsurance Group's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Reinsurance Group of has a Beta of 0.913. This is 11.34% higher than that of the Insurance sector and significantly higher than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.
Reinsurance Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Reinsurance Group's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Reinsurance Group could also be used in its relative valuation, which is a method of valuing Reinsurance Group by comparing valuation metrics of similar companies.Reinsurance Group is currently under evaluation in beta category among its peers.
Reinsurance Group ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Reinsurance Group's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Reinsurance Group's managers, analysts, and investors.Environmental | Governance | Social |
Reinsurance Group Institutional Holders
Institutional Holdings refers to the ownership stake in Reinsurance Group that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Reinsurance Group's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Reinsurance Group's value.| Shares | American Century Companies Inc | 2024-09-30 | 1 M | Sei Investments Co | 2024-06-30 | 825.7 K | Norges Bank | 2024-06-30 | 811.7 K | Bank Of New York Mellon Corp | 2024-06-30 | 801 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 740.4 K | Fidelity International Ltd | 2024-06-30 | 651.1 K | Jacobs Levy Equity Management, Inc. | 2024-06-30 | 644 K | Northern Trust Corp | 2024-09-30 | 594.9 K | Ameriprise Financial Inc | 2024-06-30 | 583.7 K | Blackrock Inc | 2024-06-30 | 7.7 M | Vanguard Group Inc | 2024-09-30 | 7.2 M |
Reinsurance Group returns are very sensitive to returns on the market. As the market goes up or down, Reinsurance Group is expected to follow.
Reinsurance Fundamentals
| Return On Equity | 0.0758 | |||
| Return On Asset | 0.0073 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 14.83 B | |||
| Shares Outstanding | 65.86 M | |||
| Shares Owned By Insiders | 0.41 % | |||
| Shares Owned By Institutions | 96.84 % | |||
| Number Of Shares Shorted | 288.02 K | |||
| Price To Earning | 22.44 X | |||
| Price To Book | 1.34 X | |||
| Price To Sales | 0.69 X | |||
| Revenue | 18.58 B | |||
| Gross Profit | 2.03 B | |||
| EBITDA | 1.46 B | |||
| Net Income | 902 M | |||
| Cash And Equivalents | 2.93 B | |||
| Cash Per Share | 42.20 X | |||
| Total Debt | 4.43 B | |||
| Debt To Equity | 0.64 % | |||
| Current Ratio | 1.00 X | |||
| Book Value Per Share | 168.94 X | |||
| Cash Flow From Operations | 4.04 B | |||
| Short Ratio | 0.87 X | |||
| Earnings Per Share | 10.91 X | |||
| Price To Earnings To Growth | 1.57 X | |||
| Target Price | 252.58 | |||
| Number Of Employees | 3.9 K | |||
| Beta | 0.91 | |||
| Market Capitalization | 15.09 B | |||
| Total Asset | 97.62 B | |||
| Retained Earnings | 8.8 B | |||
| Annual Yield | 0.02 % | |||
| Five Year Return | 2.06 % | |||
| Net Asset | 97.62 B | |||
| Last Dividend Paid | 3.44 |
About Reinsurance Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Reinsurance Group of's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reinsurance Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reinsurance Group of based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Reinsurance Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Reinsurance Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Reinsurance Group Of Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Reinsurance Group Of Stock:Check out Reinsurance Group Piotroski F Score and Reinsurance Group Altman Z Score analysis. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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. If investors know Reinsurance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Reinsurance Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.46) | Dividend Share 3.44 | Earnings Share 10.91 | Revenue Per Share 329.91 | Quarterly Revenue Growth 0.097 |
The market value of Reinsurance Group is measured differently than its book value, which is the value of Reinsurance that is recorded on the company's balance sheet. Investors also form their own opinion of Reinsurance Group's value that differs from its market value or its book value, called intrinsic value, which is Reinsurance Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Reinsurance Group's market value can be influenced by many factors that don't directly affect Reinsurance Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Reinsurance Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reinsurance Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reinsurance Group's 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.