Greenlight Capital Re Stock Alpha and Beta Analysis
| GLRE Stock | USD 12.05 0.10 0.82% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Greenlight Capital Re. It also helps investors analyze the systematic and unsystematic risks associated with investing in Greenlight Capital over a specified time horizon. Remember, high Greenlight Capital's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Greenlight Capital's market risk premium analysis include:
Beta 1.34 | Alpha (0.02) | Risk 1.7 | Sharpe Ratio 0.0562 | Expected Return 0.0953 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Greenlight |
Greenlight Capital Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Greenlight Capital market risk premium is the additional return an investor will receive from holding Greenlight Capital long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Greenlight Capital. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Greenlight Capital's performance over market.| α | -0.02 | β | 1.34 |
Greenlight Capital expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Greenlight Capital's Buy-and-hold return. Our buy-and-hold chart shows how Greenlight Capital performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Greenlight Capital Market Price Analysis
Market price analysis indicators help investors to evaluate how Greenlight Capital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Greenlight Capital shares will generate the highest return on investment. By understating and applying Greenlight Capital stock market price indicators, traders can identify Greenlight Capital position entry and exit signals to maximize returns.
Greenlight Capital Return and Market Media
The median price of Greenlight Capital for the period between Mon, Jan 29, 2024 and Sun, Apr 28, 2024 is 12.08 with a coefficient of variation of 3.35. The daily time series for the period is distributed with a sample standard deviation of 0.4, arithmetic mean of 12.0, and mean deviation of 0.33. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Hope Taitz of 6840 shares of Greenlight Capital subject to Rule 16b-3 | 02/16/2024 |
2 | Greenlight Capital Re, Ltd. Schedules Fourth Quarter and Year-End 2023 Financial Results and Conference Call | 02/27/2024 |
3 | Greenlight Capital GAAP EPS of 0.50 | 03/05/2024 |
4 | Greenlight Capital Re, Ltd. Q4 2023 Earnings Call Transcript | 03/07/2024 |
5 | Acquisition by Brian OReilly of 18342 shares of Greenlight Capital subject to Rule 16b-3 | 03/15/2024 |
6 | Disposition of 9019 shares by Ian Isaacs of Greenlight Capital at 11.998 subject to Rule 16b-3 | 03/27/2024 |
7 | Greenlight Capital re director sells 108k in shares | 03/28/2024 |
8 | Imagine Owning Greenlight Capital Re And Trying To Stomach The 74 percent Share Price Drop - Yahoo Movies UK | 04/17/2024 |
9 | Acquisition by Brian OReilly of 27005 shares of Greenlight Capital subject to Rule 16b-3 | 04/26/2024 |
About Greenlight Capital Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Greenlight or other stocks. Alpha measures the amount that position in Greenlight Capital has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2024 (projected) | Days Sales Outstanding | 266.06 | 456.69 | 396.03 | PTB Ratio | 0.56 | 0.55 | 1.1 |
Greenlight Capital Upcoming Company Events
As portrayed in its financial statements, the presentation of Greenlight Capital's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Greenlight Capital's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Greenlight Capital's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Greenlight Capital. Please utilize our Beneish M Score to check the likelihood of Greenlight Capital's management manipulating its earnings.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Greenlight Capital
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Check out Greenlight Capital Backtesting, Greenlight Capital Valuation, Greenlight Capital Correlation, Greenlight Capital Hype Analysis, Greenlight Capital Volatility, Greenlight Capital History and analyze Greenlight Capital Performance. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Greenlight Stock analysis
When running Greenlight Capital's price analysis, check to measure Greenlight Capital'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 Greenlight Capital is operating at the current time. Most of Greenlight Capital's value examination focuses on studying past and present price action to predict the probability of Greenlight Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenlight Capital's price. Additionally, you may evaluate how the addition of Greenlight Capital to your portfolios can decrease your overall portfolio volatility.
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