Greenlight Re Announces Third Quarter 2024 Financial Results
GLRE Stock | USD 13.63 0.05 0.37% |
About 54% of Greenlight Capital's investor base is interested to short. The analysis of the overall prospects from investing in Greenlight Capital Re suggests that many traders are, at the present time, impartial. The current market sentiment, together with Greenlight Capital's historical and current headlines, can help investors time the market. In addition, many technical investors use Greenlight Capital stock news signals to limit their universe of possible portfolio assets.
Greenlight | Build AI portfolio with Greenlight Stock |
Achieves Combined ratio of 95.9 percent and Net income of 35.2 million Leading to Earnings of 1.01 Per Diluted Share...
Read at globenewswire.com
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Greenlight Capital Fundamental Analysis
We analyze Greenlight Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Greenlight Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Greenlight Capital 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.
Return On Asset
Return On Asset Comparative Analysis
Greenlight Capital is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Greenlight Capital Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Greenlight Capital stock to make a market-neutral strategy. Peer analysis of Greenlight Capital could also be used in its relative valuation, which is a method of valuing Greenlight Capital by comparing valuation metrics with similar companies.
Peers
Greenlight Capital Related Equities
OXBRW | Oxbridge | 2.50 | ||||
SPNT | Siriuspoint | 2.13 | ||||
RNR | Renaissancere Holdings | 0.81 | ||||
RNR-PF | RenaissanceRe Holdings | 0.43 | ||||
SPNT-PB | SiriusPoint | 0.40 | ||||
RGA | Reinsurance Group | 0.28 | ||||
MURGY | Muenchener Rueckver | 0.08 | ||||
SCRYY | SCOR PK | 1.22 | ||||
MHLD | Maiden Holdings | 3.23 |
Complementary Tools for Greenlight Stock analysis
When running Greenlight Capital's price analysis, check to measure Greenlight Capital's 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 Greenlight Capital is operating at the current time. Most of Greenlight Capital's value examination focuses on studying past and present price action to predict the probability of Greenlight Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenlight Capital's price. Additionally, you may evaluate how the addition of Greenlight Capital to your portfolios can decrease your overall portfolio volatility.
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