Kenya Reinsurance Corporation Ltd

KNREMain Investment MarketKilele 25

KES1.80

+0.01+0.56%

Live

Open: 1.81
High: 1.81
Low: 1.77
Prev close: 1.79
VWAP: 1.79
Volume: 705.5K
Turnover: KES 1.26M
Deals: 42

Price history

KNRE chart

Hover or use the arrow keys to read each session. Long ranges switch to weekly candles.

Up session
Down session
SMA 20
SMA 50

Range change −22.41%

Statistics

Risk and return

Measured from daily closing prices against the Kilele All Share Index.

252 daily returns, risk-free rate taken as the 91-day bill.

Annualised return: −28.0%; Average daily log return scaled to a year.
Volatility: 40.1%; Standard deviation of daily returns, scaled by the square root of 252.
Sharpe ratio: −1.01; Excess return over the 91-day bill rate per unit of volatility.
Sortino ratio: −1.35; Excess return per unit of downside volatility only.
Beta to KASI: 0.96; How much the share moves for a 1 percent move in the market.
Alpha: −48.8%; Annual return left after adjusting for market exposure.
Correlation: 0.41; Correlation of daily returns with the KASI, from -1 to 1.
Maximum drawdown: −42.9%; Largest fall from a peak to a later trough.
Value at risk, 95%: −3.75%; A daily loss exceeded on only 1 session in 20.
Expected shortfall: −5.45%; Average loss on the worst 5 percent of sessions.
Skewness: −0.23; Asymmetry of returns. Negative means more large down days.
Excess kurtosis: 0.94; Fat tails compared with a normal distribution.
Positive sessions: 44.4%; Share of sessions that closed higher.
Best session: +6.97%; Largest one-day gain in the window.
Worst session: −10.19%; Largest one-day loss in the window.

Distribution of daily returns, 12 monthsMean −0.099%, standard deviation 2.52%. 2 extreme sessions fall outside the chart.

Sessions observed
Normal distribution

KNRE against the market, daily returnsSlope of the fitted line is the beta: 0.96. R squared 0.17.

Rolling volatilityAnnualised, measured over the previous 21 sessions.

Drawdown from peakHow far the price sat below its previous high, 12 months.

Relative performance

Against the sector and the market

KNRE performance against its sector and the KASI
Period	KNRE	Insurance	KASI	vs KASI
1 week	−0.55%	+4.08%	+3.34%	−3.89% percentage points
1 month	−0.55%	+7.59%	+1.73%	−2.28% percentage points
3 months	−9.55%	+6.79%	+0.13%	−9.68% percentage points
6 months	−22.41%	+1.82%	+1.82%	−24.24% percentage points
Year to date	−28.85%	+13.19%	+17.31%	−46.16% percentage points
12 months	−28.00%	+11.84%	+17.67%	−45.67% percentage points

Flow

Order and investor flow

Market flows

Order flow this session705.5K shares

Buyer initiated: 417,618
Seller initiated: 287,912
Imbalance: +18.4%

Foreign investors, last 30 sessionsNet +KES 1.65M, gross 37.36M

Net buying
Net selling

Corporate actions

Dividends and entitlements

No corporate actions on record.

Comparables

Peers in Insurance

Sector peers
Share	Last	Today	Mkt cap	P/E	Yield	12 months
JUBJubilee Holdings Ltd	290.75	+9.30%	KES 21.07B	5.0x	4.64%	+42.2%
BRITBritam Holdings Plc	7.53	+1.48%	KES 19.00B	7.9x	-	+10.4%
CICCIC Insurance Group Ltd	2.92	−0.68%	KES 7.64B	4.7x	4.45%	−7.6%
LBTYLiberty Kenya Holdings Ltd	8.17	+0.37%	KES 4.38B	5.8x	7.34%	+22.1%
SLAMSanlam Kenya Plc	7.51	+2.46%	KES 1.08B	18.8x	-	−7.2%

Key data

Market capitalisation: KES 5.04BRank 26 of 47
Shares in issue: 2.80B
Earnings per share: KES 0.83
Price to earnings: 2.2x
Dividend per share: KES 0.15
Dividend yield: 8.33%
Payout ratio: 18%
Earnings yield: 46.1%
Average volume, 30 sessions: 1.45M
Average turnover, 30 sessions: KES 2.62M
Beta to KASI, 12 months: 0.96
Volatility, 12 months: 40.1%

52-week range18% of range

1.572.83

Order book

Best eight levels on each side, refreshed during the session.

Spread: 0.01 (0.55%)
Mid price: 1.805
Imbalance: +5% bids

OrdersSizeBid

OfferSizeOrders

121,745 shares bid136,606 shares offered

Time and sales

Most recent trades in KNRE
Time	Price	Shares
14:13:06	1.79	44,196
14:12:26	1.80	9,710
14:11:51	1.79	8,210
14:09:37	1.78	5,662
14:09:35	1.80	5,350
14:08:29	1.79	7,350
14:01:00	1.80	33,185
14:00:07	1.80	11,511
13:58:26	1.80	12,868
13:54:08	1.79	5,028
13:49:40	1.79	5,439
13:29:22	1.78	9,991
13:27:54	1.78	13,812
13:25:20	1.79	6,404

Technical analysis

Signal summary

Bearish

1 bullish, 1 neutral and 7 bearish readings from moving averages and oscillators.

Moving averages

Moving averages and the price position
SMA 20	1.89	−4.7%	Bearish
SMA 50	1.85	−2.7%	Bearish
SMA 100	1.93	−6.6%	Bearish
SMA 200	2.09	−13.7%	Bearish
EMA 12	1.85	−2.7%	Bearish
EMA 26	1.85	−2.9%	Bearish

Oscillators

Oscillator readings
RSI 14	44.3	Within range	Neutral
MACD 12, 26, 9	−0.003	Below signal line	Bearish
Stochastic 14, 3	12.5	Oversold	Bullish

Classic pivot points

From the previous session: pivot = (high + low + close) / 3.

1.86

1.84

1.82

Pivot

1.80

1.78

1.76

1.74

Position calculator

Shares of KNRE

Consideration at KES 1.80: KES 1,800.00
Fees and levies (2.10%): KES 37.80
Total cost of purchase: KES 1,837.80
Break-even selling price: KES 1.88+4.29% from here
Annual dividend, gross: KES 150.00
Withholding tax at 5%: KES 7.50
Annual dividend, net: KES 142.507.75% yield on cost

Uses the standard levies for trades of this size and the latest declared dividend. Your broker may charge less above KES 100,000.

Open the full calculators

Company profile

State-backed reinsurer underwriting life and non-life risks across Africa, the Middle East and Asia.

Headquarters: Nairobi
Sector: Insurance
Market segment: Main Investment Market
Ticker: KNRE

Announcements

All

No announcements for this company yet.