RenaissanceRe Holdings Ltd Stock Price Up 3.44 percent on Sep 16
RNR Stock | USD 286.15 0.71 0.25% |
Slightly above 57% of all Renaissancere Holdings' retail investors are looking to take a long position. The analysis of the overall prospects from investing in Renaissancere Holdings suggests that some traders are, at the present time, interested. Renaissancere Holdings' investing sentiment overview a quick insight into current market opportunities from investing in Renaissancere Holdings. Many technical investors use Renaissancere Holdings stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Renaissancere |
Shares of RenaissanceRe Holdings Ltd surged 3.44 percent in mid-day trading on Sep 16. The stock reached an intraday high of 267.57, before settling at 267.3
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Renaissancere Holdings Current Investor Sentiment
Panic Vs Confidence
57
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Renaissancere Holdings' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Renaissancere Holdings.
News SentimentBullish | Hype SentimentBearish | Insider SentimentDisposing |
Renaissancere Holdings Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Renaissancere Holdings can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Renaissancere Holdings Historical Investor Sentiment
Investor biases related to Renaissancere Holdings' public news can be used to forecast risks associated with an investment in Renaissancere. The trend in average sentiment can be used to explain how an investor holding Renaissancere can time the market purely based on public headlines and social activities around Renaissancere Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Renaissancere Holdings' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Renaissancere Holdings and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Renaissancere Holdings news discussions. The higher the estimate score, the more favorable the investor's outlook on Renaissancere Holdings.
Renaissancere Holdings Fundamental Analysis
We analyze Renaissancere Holdings' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renaissancere Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renaissancere Holdings 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.
Book Value Per Share
Book Value Per Share Comparative Analysis
Renaissancere Holdings is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Renaissancere Holdings 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 Renaissancere Holdings stock to make a market-neutral strategy. Peer analysis of Renaissancere Holdings could also be used in its relative valuation, which is a method of valuing Renaissancere Holdings by comparing valuation metrics with similar companies.
Peers
Renaissancere Holdings Related Equities
MHLD | Maiden Holdings | 4.49 | ||||
SPNT-PB | SiriusPoint | 1.34 | ||||
RNR-PF | RenaissanceRe Holdings | 1.03 | ||||
SPNT | Siriuspoint | 0.19 | ||||
SCRYY | SCOR PK | 0.40 | ||||
RGA | Reinsurance Group | 0.46 | ||||
GLRE | Greenlight Capital | 0.67 |
Additional 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.