Greenlight Capital Re (Greenlight Capital Re) Volatility : 16.34% (As of Apr. 28, 2024)

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What is Greenlight Capital Re Volatility?

Volatility is a statistical measure of the dispersion of returns for a given security or market index, it shows how the price swings around its mean. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year. In most cases, the higher the volatility, the riskier the security.

As of today (2024-04-28), Greenlight Capital Re's Volatility is 16.34%.

Competitive Comparison of Greenlight Capital Re's Volatility

For the Insurance - Reinsurance subindustry, Greenlight Capital Re's Volatility, along with its competitors' market caps and Volatility data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Greenlight Capital Re's Volatility Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Greenlight Capital Re's Volatility distribution charts can be found below:

* The bar in red indicates where Greenlight Capital Re's Volatility falls into.

Greenlight Capital Re (NAS:GLRE) Volatility Calculation

The annualized volatility is calculated as following:

σ_A	=	σ_M	*	√12
	=	√ 1/(n-1) ∑(Ri - R')^2	*	√12

Where: σ_M is the monthly volatility, n is the number of months in the period, R_i is the security's historical monthly returns and R' is the arithmetic mean of monthly returns.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Greenlight Capital Re (NAS:GLRE) Volatility Explanation

Volatility is a statistical measure of the dispersion of returns for a given security or market index. It’s often measured as standard deviation or variance of historical returns over a certain period. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year.

Volatility reflects the uncertainty or risk of a security’s value. Generally speaking, a higher volatility suggests a higher risk, because it implies a wider fluctuation around average price. This means the price of the security can change dramatically in either direction within a short period. Conversely, a lower volatility means that the security's price is more steady, which suggests a lower risk.

Another measurement of relative volatility is Beta. Beta is a measure of systematic risk of a security or a portfolio in comparison to the market as a whole. Beta is usually compared to 1. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Greenlight Capital Re Volatility Related Terms

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Greenlight Capital Re (Greenlight Capital Re) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Greenlight Capital Re Ltd (NAS:GLRE) » Definitions » Volatility

Comparable Companies

Traded in Other Exchanges

G8L:Germany

Address

65 Market Street, Suite 1207, P.O. Box 31110, Camana Bay, Grand Cayman, CYM, KY1-1205

Website

https://www.greenlightre.com

Greenlight Capital Re Ltd offers property and casualty reinsurance. Its customers are property and casualty insurers, and Greenlight takes on some of their risk in exchange for insurance premiums. It operates through one operating segment: property and casualty reinsurance. It generates revenue through premiums from reinsurance on property and casualty business assumed, and income from investments. Most of the revenue is generated from policies written in the United States and the Caribbean.

Executives

David Einhorn	director, 10 percent owner	140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Ian Isaacs	director	65 MARKET STREET, SUITE 1207,, CAMANA BAY, P.O. BOX 31110,, GRAND CAYMAN, E9 E9 KY1-1205
David Sigmon	officer: General Counsel	65 MARKET ST., SUITE 1207, JASMINE CT, CAMANA BAY, P.O. BOX 31110, GRAND CAYMAN E9 KY1-1205
Brian Joseph Oreilly	officer: Head of Innovations	65 MARKET ST., SUITE 1207, JASMINE COURT, CAMANA BAY, P.O. BOX 3111, GRAND CAYMAN E9 KY1-1205
Richard Paul Strommer	officer: Chief Actuary	GREENLIGHT REINSURANCE, LTD., 65 MARKET ST., SUITE 1207, JASMINE COURT, CAMANA BAY, GRAND CAYMAN E9 KY1-1205
Johnny Ferrari	director	PO BOX 493, GEORGE TOWN E9 KY1 1106
Victoria W Guest	director	RAM RE HOUSE, 46 REID STREET, HAMILTON D0 HM 12
Ursuline F Foley	director	239 WASHINGTON STREET, JERSEY CITY NJ 07302
Daniel Roitman	other: Alternate Director	140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Faramarz Romer	officer: Reporting & Compliance Officer	65 MARKET STREET, SUITE 1207,, CAMANA BAY, P.O. BOX 31110, GRAND CAYMAN, E9 E9 KY1-1205
Neil W Greenspan	officer: Chief Accounting Officer	C/O MONTPELIER RE HOLDINGS LTD., MINTFLOWER PLACE 8 PAR-LA-VILLE ROAD, HAMILTON D0 HM 08
Thomas James Curnock	officer: Chief Risk Officer	65 MARKET STREET, SUITE 1207, CAMANA BAY, P.O. BOX 31110, GEORGE TOWN E9 KY11205
Leonard R Goldberg	director, officer: Chief Executive Officer	802 WEST BAY ROAD, THE GRAND PAVILION, P.O. BOX 31110, GRAND CAYMAN E9 KY1-1205
Barry Brendan	officer: Chief Underwriting Officer	65 MARKET STREET, SUITE 1207,, CAMANA BAY, P.O. BOX 31110, GEORGE TOWN E9 KY11205
Laura Accurso	officer: GENERAL COUNSEL	65 MARKET STREET, SUITE 1207, CAMANA BAY, P.O. BOX 31110, GEORGE TOWN E9 KY11205