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Relatively Low Beta Detected in Shares of Everest Re Group in the Reinsurance Industry (RE, RNR, RGA, TPRE, ESGR)

By Shiri Gupta

Below are the three companies in the Reinsurance industry with the lowest betas. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.

Everest Re Group ranks lowest with a a beta of 0.7. Following is Renaissancere with a a beta of 0.7. Reinsurance Grou ranks third lowest with a a beta of 0.9.

Third Point Rein follows with a a beta of 1.0, and Enstar Group Ltd rounds out the bottom five with a a beta of 1.0.

SmarTrend recommended that its subscribers protect gains by selling shares of Everest Re Group on February 25th, 2020 by issuing a Downtrend alert when the shares were trading at $280.65. Since that call, shares of Everest Re Group have fallen 36.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest beta everest re group renaissancere reinsurance grou third point rein enstar group ltd

Ticker(s): RE RNR RGA TPRE ESGR