GREENLIGHT CAPITAL LTD CLASS A stock forecast: up to 12.57 USD GLRE stock price prognosis

STOCK

Forecast for Fri 14 Jun 2024 price 12.64

GREENLIGHT CAPITAL LTD CLASS A stock price forecast for further price development up to 2.66% (time horizon: 1 day) and price target of 12.57 USD. Negative news sentiment. Short-term (time horizon: 2 weeks) GREENLIGHT CAPITAL LTD CLASS A share price prediction for 2024-06-14 with daily closed price projections

Key Facts

Symbol GLRE 

CUSIP G4095J109


Currency USD


Category Fire, Marine & Casualty Insurance

Forecast price change %


News sentiment (-0.01)


News <--> Close correlation for next day influence ()

Relative Strength Index (RSI)

Finance numbers

Revenue 558,567,000.0


Earnings per share 1.41


On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

Link to Table of ContentsItem 1. To date, we have not written any long term business. We may assume a degree of the credit risk of our reinsurance brokers. Competition The reinsurance industry is highly competitive. Our competitors vary according to the individual market and situation. On January 2, 2019, the Joint Venture was terminated. Gross premiums writtenTotal premiums for assumed reinsurance during a given period. Also known as claim adjustment expenses. Unearned is the difference between written and earned premiums. The performance of our operations will likely fluctuate from period to period. We also seek to limit our loss exposure through geographic diversification. As of December 31, 2020, Greenlight Re was in compliance with the Capital Requirements. In addition, long equity investments may generate losses if the market declines. The SILP LPA limits our ability to use another investment manager. We cannot be assured that after such date we would not be subject to any such tax. Controlled Foreign Corporation. However, there is still substantial uncertainty regarding the application of the test.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/1385613/000138561321000016/0001385613-21-000016.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 47.74/100
    • Good financial position.
    • Company revenue is growing faster compared with the industry.
    • Stock price is above book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - BARCLAYS PLC 2023-06-30 5611
A - OSAIC HOLDINGS, INC. 2023-06-30 11541
RITHOLTZ WEALTH MANAGEMENT 2023-06-30 44284
NEW YORK STATE COMMON RETIREMENT FUND 2023-03-31 14339
JPMORGAN CHASE & CO 2023-03-31 64532

Fund ownership list is based on filling form information

Fund name Date Amount Profile
MORGAN STANLEY PATHWAY FUNDS 2023-11-30 1274 Long
SEI INSTITUTIONAL INVESTMENTS TRUST 2023-11-30 2077 Long
SEI INSTITUTIONAL INVESTMENTS TRUST 2023-11-30 2380 Long
American Century ETF Trust 2023-11-30 14623 Long
American Century ETF Trust 2023-11-30 73852 Long

Insider trading for GREENLIGHT CAPITAL LTD CLASS A

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1433548 Isaacs Ian 2023-06-29 SALE Accept Accept Accept Accept


Bollinger Bollinger Bands for GREENLIGHT CAPITAL LTD CLASS A can provide the information where the market is moving based on price information.


GREENLIGHT CAPITAL LTD CLASS A Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.



Converting prices to returns GREENLIGHT CAPITAL LTD CLASS A.


On-Balance Volume information for GREENLIGHT CAPITAL LTD CLASS A. On-Balance Volume information can be an indicator for bullish or bearish outcome.



Accumulation / Distribution (A/D) indicator information for GREENLIGHT CAPITAL LTD CLASS A. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for GREENLIGHT CAPITAL LTD CLASS A. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for GREENLIGHT CAPITAL LTD CLASS A. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for GREENLIGHT CAPITAL LTD CLASS A. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for GREENLIGHT CAPITAL LTD CLASS A. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for GREENLIGHT CAPITAL LTD CLASS A. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.


The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.


The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.


Moving Average Crossover


52W High 52W Low Market Cap

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GREENLIGHT CAPITAL LTD CLASS A on Nasdaq

GREENLIGHT CAPITAL LTD CLASS A on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-24 12.57 2024-04-20 05:07
2024-05-22 12.55 2024-04-20 05:07
2024-05-23 12.56 2024-04-20 05:07
2024-05-20 12.54 2024-04-20 05:07
2024-05-21 12.55 2024-04-20 05:07
2024-05-27 12.57 2024-04-20 05:07
2024-05-28 12.58 2024-04-20 05:07
2024-05-29 12.58 2024-04-20 05:07
2024-05-30 12.58 2024-04-20 05:07
2024-06-05 12.61 2024-04-20 05:07
2024-06-07 12.62 2024-04-20 05:07
2024-06-03 12.60 2024-04-20 05:07
2024-06-04 12.60 2024-04-20 05:07
2024-05-31 12.59 2024-04-20 05:07
2024-06-10 12.62 2024-04-20 05:07
2024-06-11 12.63 2024-04-20 05:07
2024-06-06 12.61 2024-04-20 05:07
2024-06-12 12.63 2024-04-20 05:07
2024-06-13 12.64 2024-04-20 05:07
2024-06-14 12.64 2024-04-20 05:07
2024-05-08 12.51 2024-04-20 05:07
2024-05-13 12.51 2024-04-20 05:07
2024-04-22 12.48 2024-04-20 05:07
2024-04-23 12.52 2024-04-20 05:07
2024-05-14 12.53 2024-04-20 05:07
2024-05-15 12.53 2024-04-20 05:07
2024-04-24 12.50 2024-04-20 05:07
2024-05-16 12.54 2024-04-20 05:07
2024-04-26 12.51 2024-04-20 05:07
2024-05-09 12.53 2024-04-20 05:07
2024-05-17 12.54 2024-04-20 05:07
2024-04-25 12.47 2024-04-20 05:07
2024-04-29 12.48 2024-04-20 05:07
2024-04-30 12.49 2024-04-20 05:07
2024-05-01 12.48 2024-04-20 05:07
2024-05-02 12.50 2024-04-20 05:07
2024-05-03 12.49 2024-04-20 05:07
2024-05-06 12.51 2024-04-20 05:07
2024-05-07 12.49 2024-04-20 05:07
2024-05-10 12.52 2024-04-20 05:07

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.