AEG Stock Summary and Trading Ideas (Aegon Ltd. New York Registry Shares | NYSE:AEG)

Aegon is a life insurance and long-term savings company listed in the Netherlands. It listed on the Amsterdam Stock Exchange in the 1980s and now has mature operations in the United States, United Kingdom, and four growth markets of Brazil, China, Portugal, and Spain. Over recent years, Aegon has been moving through a substantial transformation program where management has sought to divest noncore operations and improve the risk profile of the business by separating the company into strategic and financial assets. Financial assets are the parts of the business that are now being run down. Here, Aegon is looking to cycle out of highly capital-consumptive and volatile earnings products and recycle funds into capital-light and more predictable strategic businesses.

Aegon Ltd. New York Registry Shares trades on the NYSE stock market under the symbol AEG.

As of April 19, 2024, AEG stock price declined to $5.86 with 3,146,783 million shares trading.

AEG has a beta of 0.99, meaning it tends to be less sensitive to market movements. AEG has a correlation of 0.30 to the broad based SPY ETF.

AEG has a market cap of $10.35 billion. This is considered a Large Cap stock.

In the last 3 years, AEG stock traded as high as $6.38 and as low as $3.76.

The top ETF exchange traded funds that AEG belongs to (by Net Assets): AVDE, APIE, AVSD, NANC.

AEG has outperformed the market in the last year with a return of +33.6%, while the SPY ETF gained +21.2%. However, in the most recent history, AEG shares have underperformed the stock market with its stock returning 0.0% in the last 3 month period and -4.2% for the last 2 week period, while SPY has returned +4.3% and -3.5%, respectively.

AEG support price is $5.80 and resistance is $5.98 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AEG stock will trade within this expected range on the day.