Reinsurance Group Of Stock Price on December 12, 2024
RZB Stock | USD 24.37 0.02 0.08% |
Below is the normalized historical share price chart for Reinsurance Group of extending back to June 13, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Reinsurance Group stands at 24.37, as last reported on the 29th of December, with the highest price reaching 24.42 and the lowest price hitting 24.32 during the day.
If you're considering investing in Reinsurance Stock, it is important to understand the factors that can impact its price. Reinsurance Group maintains Sharpe Ratio (i.e., Efficiency) of -0.0752, which implies the firm had a -0.0752% return per unit of risk over the last 3 months. Reinsurance Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Reinsurance Group's Coefficient Of Variation of (1,202), variance of 0.1163, and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide.
At present, Reinsurance Group's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 914.8 M, whereas Total Stockholder Equity is forecasted to decline to about 5 B. . At present, Reinsurance Group's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 16.16, whereas Price Earnings To Growth Ratio is forecasted to decline to 0.15. Reinsurance Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of June 2016 | 200 Day MA 25.0214 | 50 Day MA 24.8908 | Beta 0.913 |
Reinsurance |
Sharpe Ratio = -0.0752
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Estimated Market Risk
0.34 actual daily | 3 97% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Reinsurance Group is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Reinsurance Group by adding Reinsurance Group to a well-diversified portfolio.
Book Value 168.939 | Enterprise Value 1.2 B | Price Sales 0.3916 | Shares Float 65.5 M | Shares Outstanding 62.8 M |
Reinsurance Group Main Headline on 12th of December 2024
Reinsurance Group of Americas SWOT analysis stock poised for... by investing.com
Reinsurance Group of Americas SWOT analysis stock poised for growth amid innovation
Reinsurance Group Valuation on December 12, 2024
It is possible to determine the worth of Reinsurance Group on a given historical date. On December 12, 2024 Reinsurance was worth 24.79 at the beginning of the trading date compared to the closed value of 24.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Reinsurance Group stock. Still, in general, we apply an absolute valuation method to find Reinsurance Group's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Reinsurance Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Reinsurance Group's related companies.
Open | High | Low | Close | Volume | |
24.84 | 24.85 | 24.78 | 24.81 | 26,276 | |
12/12/2024 | 24.79 | 24.82 | 24.72 | 24.78 | 28,256 |
24.79 | 24.80 | 24.72 | 24.76 | 30,772 |
Backtest Reinsurance Group | | | Reinsurance Group History | | | Reinsurance Group Valuation | Previous | Next |
Reinsurance Group Trading Date Momentum on December 12, 2024
On December 13 2024 Reinsurance Group of was traded for 24.76 at the closing time. Highest Reinsurance Group's price during the trading hours was 24.80 and the lowest price during the day was 24.72 . The net volume was 30.8 K. The overall trading history on the 13th of December 2024 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.08% . The trading delta at closing time to current price is 0.93% . |
Reinsurance Group Fundamentals Correlations and Trends
By evaluating Reinsurance Group's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Reinsurance Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Reinsurance financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Reinsurance Group Stock history
Reinsurance Group investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Reinsurance is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Reinsurance Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Reinsurance Group stock prices may prove useful in developing a viable investing in Reinsurance Group
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 67.1 M | 64.9 M | |
Net Income Applicable To Common Shares | 716.5 M | 800.1 M |
Reinsurance Group Stock Technical Analysis
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.
Price Boundaries
Reinsurance Group Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
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Reinsurance Group December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Reinsurance Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Reinsurance Group shares will generate the highest return on investment. By undertsting and applying Reinsurance Group stock market strength indicators, traders can identify Reinsurance Group of entry and exit signals to maximize returns
Reinsurance Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Reinsurance Group's price direction in advance. Along with the technical and fundamental analysis of Reinsurance Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Reinsurance to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.08) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.05) | |||
Treynor Ratio | 4.57 |
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Complementary Tools for Reinsurance Stock analysis
When running Reinsurance Group's price analysis, check to measure Reinsurance Group'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 Reinsurance Group is operating at the current time. Most of Reinsurance Group's value examination focuses on studying past and present price action to predict the probability of Reinsurance Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reinsurance Group's price. Additionally, you may evaluate how the addition of Reinsurance Group to your portfolios can decrease your overall portfolio volatility.
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