RenaissanceRe Competitors

Stocks . Germany . 
Stock . RenaissanceRe Holdings
RRJ Stock  EUR 238.00  6.00  2.59%   
RenaissanceRe Holdings competes with MUENCHRUECKUNSADR, Swiss Re, HANNRUECKVSE ADR, Everest Group, and Reinsurance Group; as well as few others. The company classifies itself under Financial Services sector and is part of Insurance - Reinsurance industry. Analyzing RenaissanceRe Holdings competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of RenaissanceRe Holdings to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out RenaissanceRe Holdings Correlation with its peers.
For more detail on how to invest in RenaissanceRe Stock please use our How to Invest in RenaissanceRe Holdings guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of RenaissanceRe Holdings competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
235.77238.00240.23
Details
Intrinsic
Valuation
LowRealHigh
228.63230.86261.80
Details

RenaissanceRe Holdings Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between RenaissanceRe Holdings and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of RenaissanceRe and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of RenaissanceRe Holdings does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
SDRC
+ 0.92
SR9A
HNRB
+ 0.74
MUVB
RRJ
+ 0.63
ERE
SDRC
+ 0.63
RGPB
RRJ
+ 0.59
RGPB
RGPB
+ 0.58
SR9A
  
High negative correlations   
65C
- 0.61
SR9A
65C
- 0.44
SDRC
65C
- 0.26
MUVB
RGPB
- 0.25
HNRB
65C
- 0.09
RGPB
65C
- 0.03
RRJ

Risk-Adjusted Indicators

There is a big difference between RenaissanceRe Stock performing well and RenaissanceRe Holdings Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze RenaissanceRe Holdings' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

RenaissanceRe Holdings Competitive Analysis

The better you understand RenaissanceRe Holdings competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, RenaissanceRe Holdings' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across RenaissanceRe Holdings' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
RRJ MUVB SR9A HNRB ERE RGPB SDRC 65C
 2.59 
 238.00 
RenaissanceRe
 4.85 
 9.80 
MUENCHRUECKUNSADR
 0.59 
 34.20 
Swiss
 0.49 
 40.40 
HANNRUECKVSE
 1.01 
 334.20 
Everest
 1.56 
 195.00 
Reinsurance
 1.05 
 23.10 
SCOR
 2.38 
 13.74 
COFACE
Market Volatility
(90 Days Market Risk)
Very steady
Somewhat reliable
Very steady
Very steady
Very steady
Very steady
Very steady
Not too volatile
Market Performance
(90 Days Performance)
Weak
Weak
OK
Very Weak
Very Weak
Very Weak
OK
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Below Average
Low
Low
Low
Low
Low
Average
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Under Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Strong Sell
Strong Sell
Cautious Hold
Strong Hold
Cautious Hold
Strong Buy
Strong Sell
Current Ratio
1.45 X
0.34 X
0.51 X
1.41 X
2.11 X
1.01 X
8.50 X
0.94 X
Net Asset
36.55 B
N/A
181.57 B
N/A
39.97 B
84.71 B
51.52 B
8.04 B
Profit Margin
(0.21) %
0.04 %
0.01 %
0.04 %
0.05 %
0.04 %
(0.01) %
0.15 %
EBITDA
(1.42 B)
2.54 B
1.19 B
2.24 B
N/A
1.04 B
116 M
451.34 M
Operating Margin
(0.22) %
0.04 %
0.02 %
0.07 %
0.07 %
0.06 %
0 %
0.22 %
Current Valuation
8.2 B
N/A
31.86 B
N/A
13.67 B
9.55 B
4.52 B
3.63 B
Price To Book
1.88 X
N/A
1.78 X
N/A
1.70 X
2.61 X
0.63 X
0.89 X
Five Year Return
0.99 %
4.57 %
N/A
3.33 %
2.13 %
1.30 %
4.69 %
N/A
Beta
0.44
0.89
0.88
0.68
0.61
0.91
1.27
0.88
Number Of Employees
718
N/A
35
3.35 K
2.43 K
3.8 K
3.59 K
3.7 K
Shares Outstanding
43.72 M
1.4 B
1.16 B
241.19 M
39.16 M
66.86 M
178 M
149.04 M
Cash Flow From Operations
1.6 B
3 B
4.1 B
2.31 B
3.69 B
1.34 B
2.41 B
326.96 M
Annual Yield
0.01 %
0.03 %
0.06 %
0.03 %
0.02 %
0.02 %
0.08 %
0.11 %
Total Debt
1.14 B
4.15 B
10.88 B
2.57 B
737 M
3.56 B
3.05 B
2.71 B
Return On Equity
-0.12
0.11
0.0263
0.13
0.0643
0.0727
-0.0237
0.14
Z Score
4.2
6.0
1.2
4.8
11.4
1.2
0.6
N/A
Return On Asset
-0.0197
0.0047
0.004
0.0148
0.0127
0.0072
5.0E-4
0.028
Book Value Per Share
104.66 X
15.33 X
10.99 X
34.21 X
215.88 X
62.17 X
31.21 X
14.37 X
Total Asset
36.55 B
N/A
181.57 B
N/A
39.97 B
84.71 B
51.52 B
8.04 B
Debt To Equity
16.10 %
14.30 %
41.40 %
24.20 %
7.10 %
37.50 %
47.80 %
162.90 %
Target Price
180.67
N/A
N/A
N/A
320.33
128.88
N/A
N/A
Last Dividend Paid
1.48
11.0
6.4
4.5
6.5
3.06
1.8
N/A
Shares Owned By Institutions
99.02 %
0.28 %
0.01 %
N/A
95.74 %
98.40 %
48.52 %
53.76 %
Market Capitalization
8.85 B
44.6 B
28.26 B
21.6 B
14.25 B
9.17 B
4.15 B
2.08 B
Price To Earning
15.70 X
14.91 X
74.11 X
14.78 X
16.59 X
10.75 X
19.48 X
11.90 X
Price To Earnings To Growth
N/A
N/A
0.67 X
N/A
(50.76) X
N/A
0.26 X
N/A
Price To Sales
1.63 X
N/A
0.54 X
N/A
0.98 X
0.53 X
0.19 X
0.96 X
Net Income
(1.06 B)
2.12 B
1.44 B
1.17 B
597 M
623 M
456 M
223.82 M
Earnings Per Share
(24.68) X
1.98 X
0.44 X
5.17 X
14.31 X
8.68 X
(0.90) X
1.75 X
Shares Owned By Insiders
1.84 %
N/A
N/A
N/A
1.56 %
0.32 %
16.34 %
0.57 %
Revenue
5.05 B
65 B
45.94 B
30.26 B
11.98 B
15.89 B
16.03 B
1.29 B
Cash And Equivalents
14.9 B
5.5 B
17.14 B
2.52 B
1.41 B
2.45 B
2.76 B
360.98 M
Cash Per Share
337.35 X
3.79 X
14.48 X
10.43 X
34.51 X
38.98 X
14.84 X
2.39 X
Gross Profit
(787.92 M)
18.35 B
4.5 B
1.88 B
852.9 M
2.03 B
(853 M)
1.06 B
Day Typical Price
238.0
9.8
34.2
40.4
334.2
195.0
23.01
13.74
Accumulation Distribution
N/A
N/A
N/A
N/A
N/A
N/A
0.0113
7.0E-4
Market Facilitation Index
N/A
N/A
N/A
N/A
N/A
N/A
0.26
0.01
Daily Balance Of Power
9.2 T
(9,223,372,036,855)
9.2 T
(9,223,372,036,855)
(9,223,372,036,855)
9.2 T
0.9231
32.0
Period Momentum Indicator
6.0
(0.50)
0.2
(0.20)
(3.40)
3.0
0.24
0.32
Rate Of Daily Change
1.03
0.95
1.01
1.0
0.99
1.02
1.01
1.02
Day Median Price
238.0
9.8
34.2
40.4
334.2
195.0
22.97
13.74
Price Action Indicator
3.0
(0.25)
0.1
(0.10)
(1.70)
1.5
0.25
0.17
Coefficient Of Variation
3389.81
8696.54
942.99
(4,767)
(7,294)
7181.96
744.73
(1,137)
Mean Deviation
1.53
1.74
1.29
0.995
1.31
1.53
1.49
1.01
Jensen Alpha
0.0292
0.0157
0.1983
(0.04)
(0.06)
(0.01)
0.2738
(0.13)
Total Risk Alpha
(0.01)
(0.05)
0.1424
(0.08)
(0.09)
(0.04)
0.2169
(0.17)
Sortino Ratio
0.0117
(0)
0.1088
N/A
N/A
(0.0005)
0.1562
N/A
Downside Variance
8.43
7.13
2.58
N/A
N/A
5.88
2.65
N/A
Standard Deviation
2.24
2.34
1.95
1.34
1.88
2.23
2.14
1.4
Kurtosis
4.61
0.3611
4.98
1.02
4.12
3.26
8.66
2.62
Potential Upside
3.17
4.2
3.38
2.46
3.13
3.34
2.93
2.16
Treynor Ratio
0.0463
0.3152
(3.48)
(0.22)
(0.04)
0.0148
2.14
0.8849
Maximum Drawdown
11.87
10.66
10.38
6.26
10.97
11.74
13.43
9.45
Variance
5.01
5.48
3.81
1.8
3.55
4.95
4.56
1.96
Market Risk Adjusted Performance
0.0563
0.3252
(3.47)
(0.21)
(0.03)
0.0248
2.15
0.8949
Risk Adjusted Performance
0.0298
0.0157
0.09
(0.01)
(0.01)
0.0175
0.1127
(0.07)
Skewness
(1.00)
0.2122
1.57
0.4007
(0.57)
0.1221
1.85
(0.07)
Semi Deviation
2.25
2.27
1.25
N/A
N/A
2.0
1.39
N/A
Information Ratio
0.0151
(0)
0.0896
(0.04)
(0.03)
(0.0005)
0.1192
(0.11)
Value At Risk
(3.91)
(3.78)
(2.30)
(1.93)
(2.42)
(3.47)
(2.42)
(1.93)
Expected Short fall
(1.80)
(1.83)
(1.78)
N/A
N/A
(1.90)
(1.76)
N/A
Downside Deviation
2.9
2.67
1.61
N/A
N/A
2.43
1.63
N/A
Semi Variance
5.08
5.16
1.56
N/A
N/A
3.99
1.92
N/A

RenaissanceRe Holdings Competition Performance Charts

Five steps to successful analysis of RenaissanceRe Holdings Competition

RenaissanceRe Holdings' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by RenaissanceRe Holdings in relation to its competition. RenaissanceRe Holdings' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of RenaissanceRe Holdings in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact RenaissanceRe Holdings' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to RenaissanceRe Holdings, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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 Sovereign ETFs Thematic Idea Now

Sovereign ETFs
Sovereign ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Sovereign ETFs theme has 17 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 Sovereign ETFs Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in RenaissanceRe Stock

When determining whether RenaissanceRe Holdings is a strong investment it is important to analyze RenaissanceRe Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact RenaissanceRe Holdings' future performance. For an informed investment choice regarding RenaissanceRe Stock, refer to the following important reports:
How To Invest In RenaissanceRe
Details
Is RenaissanceRe Stock a good investment?
Details
What is RenaissanceRe Holdings' Net Worth?
Details
Largest Reinsurance Companies
View
Largest Insurance - Reinsurance Companies
View
Check out RenaissanceRe Holdings Correlation with its peers.
For more detail on how to invest in RenaissanceRe Stock please use our How to Invest in RenaissanceRe Holdings guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between RenaissanceRe Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if RenaissanceRe Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RenaissanceRe Holdings' 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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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