Everest Re Group is a holding company. Through its subsidiaries, Co.'s principal business is the underwriting of reinsurance and insurance in the U.S., Bermuda and international markets. Co. underwrites reinsurance both through brokers and directly with ceding companies. Co. underwrites insurance principally through brokers, surplus lines brokers and general agent relationships. Co. operates in the following segments: Reinsurance, which is written within U.S. Reinsurance market, International Reinsurance market, and Bermuda Reinsurance market; and Insurance, which writes property and casualty insurance through general agents, wholesale and retail brokers and surplus lines brokers.
When researching a stock like Everest Re Group, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from RE Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for RE stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the RE 200 day moving average ("RE 200 DMA"), while one of the most popular "shorter look-backs" is the RE 50 day moving average ("RE 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Everest Re Group. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the RE 200 DMA and the RE 50 DMA, we get a moving average convergence divergence indicator ("RE MACD"). The RE MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
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Video: Technical Analysis