RenaissanceRe Holdings Cash Flow From Operations vs. Revenue
| RNR-PF Preferred Stock | 24.43 0.11 0.45% |
For RenaissanceRe Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of RenaissanceRe Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well RenaissanceRe Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between RenaissanceRe Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of RenaissanceRe Holdings over time as well as its relative position and ranking within its peers.
RenaissanceRe |
RenaissanceRe Holdings Revenue vs. Cash Flow From Operations Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining RenaissanceRe Holdings's current stock value. Our valuation model uses many indicators to compare RenaissanceRe Holdings value to that of its competitors to determine the firm's financial worth. RenaissanceRe Holdings is currently regarded as top stock in cash flow from operations category among its peers. It also is currently regarded number one company in revenue category among its peers totaling about 3,155 of Revenue per Cash Flow From Operations. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the RenaissanceRe Holdings' earnings, one of the primary drivers of an investment's value.RenaissanceRe Revenue vs. Cash Flow From Operations
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
RenaissanceRe Holdings |
| = | 1.6 M |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
RenaissanceRe Holdings |
| = | 5.06 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
RenaissanceRe Revenue vs Competition
RenaissanceRe Holdings is currently regarded number one company in revenue category among its peers. Market size based on revenue of Insurance-Reinsurance industry is at this time estimated at about 52.04 Billion. RenaissanceRe Holdings holds roughly 5.06 Billion in revenue claiming about 10% of equities under Insurance-Reinsurance industry.
RenaissanceRe Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on RenaissanceRe Holdings. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of RenaissanceRe Holdings position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the RenaissanceRe Holdings' important profitability drivers and their relationship over time.
Use RenaissanceRe Holdings in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if RenaissanceRe Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in RenaissanceRe Holdings will appreciate offsetting losses from the drop in the long position's value.RenaissanceRe Holdings Pair Trading
RenaissanceRe Holdings Pair Trading Analysis
The ability to find closely correlated positions to RenaissanceRe Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RenaissanceRe Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back RenaissanceRe Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling RenaissanceRe Holdings to buy it.
The correlation of RenaissanceRe Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as RenaissanceRe Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RenaissanceRe Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for RenaissanceRe Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your RenaissanceRe Holdings position
In addition to having RenaissanceRe Holdings in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Asset Allocation ETFs Thematic Idea Now
Asset Allocation ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Asset Allocation ETFs theme has 146 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Asset Allocation ETFs Theme or any other thematic opportunities.
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Other Information on Investing in RenaissanceRe Preferred Stock
To fully project RenaissanceRe Holdings' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of RenaissanceRe Holdings at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include RenaissanceRe Holdings' income statement, its balance sheet, and the statement of cash flows.