Reinsurance Group Of Stock Market Value
| RZB Stock | USD 25.02 0.08 0.32% |
| Symbol | Reinsurance |
Reinsurance Group Price To Book Ratio
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 6.093 | 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.
Reinsurance Group 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Reinsurance Group's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Reinsurance Group.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Reinsurance Group on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Reinsurance Group of or generate 0.0% return on investment in Reinsurance Group over 30 days. Reinsurance Group is related to or competes with Southern, Stifel Financial, Entergy New, Entergy Arkansas, and Unum. Reinsurance Group of America, Incorporated engages in reinsurance business More
Reinsurance Group Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Reinsurance Group's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Reinsurance Group of upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2855 | |||
| Information Ratio | (0.39) | |||
| Maximum Drawdown | 1.23 | |||
| Value At Risk | (0.36) | |||
| Potential Upside | 0.3987 |
Reinsurance Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reinsurance Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Reinsurance Group's standard deviation. In reality, there are many statistical measures that can use Reinsurance Group historical prices to predict the future Reinsurance Group's volatility.| Risk Adjusted Performance | 0.0138 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.34) | |||
| Treynor Ratio | 0.0108 |
Reinsurance Group Backtested Returns
At this point, Reinsurance Group is very steady. Reinsurance Group maintains Sharpe Ratio (i.e., Efficiency) of 0.046, which implies the firm had a 0.046% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Reinsurance Group, which you can use to evaluate the volatility of the company. Please check Reinsurance Group's Semi Deviation of 0.2326, risk adjusted performance of 0.0138, and Coefficient Of Variation of 2219.93 to confirm if the risk estimate we provide is consistent with the expected return of 0.0116%. Reinsurance Group has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of 0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, Reinsurance Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Reinsurance Group is expected to be smaller as well. Reinsurance Group right now holds a risk of 0.25%. Please check Reinsurance Group semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Reinsurance Group will be following its historical price patterns.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Reinsurance Group of has insignificant reverse predictability. Overlapping area represents the amount of predictability between Reinsurance Group time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Reinsurance Group price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Reinsurance Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Reinsurance Group lagged returns against current returns
Autocorrelation, which is Reinsurance Group stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Reinsurance Group's stock expected returns. We can calculate the autocorrelation of Reinsurance Group returns to help us make a trade decision. For example, suppose you find that Reinsurance Group has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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Reinsurance Group regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Reinsurance Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Reinsurance Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Reinsurance Group stock over time.
Current vs Lagged Prices |
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Reinsurance Group Lagged Returns
When evaluating Reinsurance Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Reinsurance Group stock have on its future price. Reinsurance Group autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Reinsurance Group autocorrelation shows the relationship between Reinsurance Group stock current value and its past values and can show if there is a momentum factor associated with investing in Reinsurance Group of.
Regressed Prices |
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Also Currently Popular
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 Correlation, Reinsurance Group Volatility and Reinsurance Group Alpha and Beta module to complement your research on Reinsurance Group. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Reinsurance Group 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.