Brookfield Reinsurance Stock Price on May 8, 2024
| BNRE Stock | 43.46 0.79 1.85% |
If you're considering investing in Brookfield Stock, it is important to understand the factors that can impact its price. As of today, the current price of Brookfield Reinsurance stands at 43.46, as last reported on the 2nd of June, with the highest price reaching 43.46 and the lowest price hitting 42.65 during the day. We consider Brookfield Reinsurance very steady. Brookfield Reinsurance secures Sharpe Ratio (or Efficiency) of 0.062, which signifies that the company had a 0.062% return per unit of risk over the last 3 months. We have found thirty technical indicators for Brookfield Reinsurance, which you can use to evaluate the volatility of the firm. Please confirm Brookfield Reinsurance's Downside Deviation of 1.73, risk adjusted performance of 0.049, and Mean Deviation of 1.17 to double-check if the risk estimate we provide is consistent with the expected return of 0.0956%.
At present, Brookfield Reinsurance's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 60.4 B, whereas Issuance Of Capital Stock is projected to grow to (2.3 B). . At present, Brookfield Reinsurance's Price To Free Cash Flows Ratio is projected to drop based on the last few years of reporting. Brookfield Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Brookfield |
Sharpe Ratio = 0.062
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Estimated Market Risk
| 1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Brookfield Reinsurance is performing at about 4% of its full potential. 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 Brookfield Reinsurance by adding it to a well-diversified portfolio.
Price Book 0.7771 | Price Sales 0.6695 | Shares Float 27 M | Dividend Share 0.29 | Earnings Share 14.71 |
Related Headline
Reinsurance Group Headline on 8th of May 2024
Disposition of 2914 shares by Jonathan Porter of Reinsurance... by Jonathan Porter
Filed transaction by Reinsurance Group of Officer: Evp, Global Chief Risk Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Brookfield Reinsurance Valuation on May 8, 2024
It is possible to determine the worth of Brookfield Reinsurance on a given historical date. On May 8, 2024 Brookfield was worth 43.57 at the beginning of the trading date compared to the closed value of 43.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Brookfield Reinsurance stock. Still, in general, we apply an absolute valuation method to find Brookfield Reinsurance'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 Brookfield Reinsurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Brookfield Reinsurance's related companies.
| Open | High | Low | Close | Volume | |
| 43.72 | 44.06 | 43.67 | 44.06 | 11,369 | |
05/08/2024 | 43.57 | 43.97 | 43.13 | 43.61 | 9,193 |
| 43.67 | 44.20 | 43.56 | 44.20 | 8,326 |
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Brookfield Reinsurance Trading Date Momentum on May 8, 2024
| On May 09 2024 Brookfield Reinsurance was traded for 44.20 at the closing time. The top price for the day was 44.20 and the lowest listed price was 43.56 . The trading volume for the day was 8.3 K. The trading history from May 9, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 1.35% . The overall trading delta against the current closing price is 2.06% . |
Brookfield Reinsurance Fundamentals Correlations and Trends
By evaluating Brookfield Reinsurance'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 Brookfield Reinsurance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Brookfield financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Brookfield Reinsurance Stock history
Brookfield Reinsurance 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 Brookfield is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Brookfield Reinsurance 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 Brookfield Reinsurance stock prices may prove useful in developing a viable investing in Brookfield Reinsurance
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 117.4 M | 123.3 M | |
| Net Income Applicable To Common Shares | 565.8 M | 594.1 M |
Brookfield Reinsurance Stock Technical Analysis
Brookfield Reinsurance 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
Brookfield Reinsurance Period Price Range
Low | May 8, 2024
| High |
43.57 | 43.61 |
Brookfield Reinsurance June 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Brookfield Reinsurance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Brookfield Reinsurance shares will generate the highest return on investment. By undertsting and applying Brookfield Reinsurance stock market strength indicators, traders can identify Brookfield Reinsurance entry and exit signals to maximize returns
Brookfield Reinsurance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Brookfield Reinsurance's price direction in advance. Along with the technical and fundamental analysis of Brookfield Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Brookfield 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 | 0.049 | |||
| Jensen Alpha | 0.0393 | |||
| Total Risk Alpha | 0.0092 | |||
| Sortino Ratio | 0.0346 | |||
| Treynor Ratio | 0.0602 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Reinsurance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Brookfield Stock refer to our How to Trade Brookfield Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Brookfield Stock analysis
When running Brookfield Reinsurance's price analysis, check to measure Brookfield Reinsurance'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 Brookfield Reinsurance is operating at the current time. Most of Brookfield Reinsurance's value examination focuses on studying past and present price action to predict the probability of Brookfield Reinsurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookfield Reinsurance's price. Additionally, you may evaluate how the addition of Brookfield Reinsurance to your portfolios can decrease your overall portfolio volatility.
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Is Brookfield Reinsurance's industry 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 Brookfield Reinsurance. If investors know Brookfield 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 Brookfield Reinsurance 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 (0.13) | Dividend Share 0.29 | Earnings Share 14.71 | Revenue Per Share 57.766 | Quarterly Revenue Growth 1.15 |
The market value of Brookfield Reinsurance is measured differently than its book value, which is the value of Brookfield that is recorded on the company's balance sheet. Investors also form their own opinion of Brookfield Reinsurance's value that differs from its market value or its book value, called intrinsic value, which is Brookfield Reinsurance'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 Brookfield Reinsurance's market value can be influenced by many factors that don't directly affect Brookfield Reinsurance'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 Brookfield Reinsurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookfield Reinsurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookfield Reinsurance'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.