Reliance Financial Statements From 2010 to 2025
| RELIW Stock | USD 0.02 0.00 0.00% |
Check Reliance Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reliance Global's main balance sheet or income statement drivers, such as , as well as many indicators such as . Reliance financial statements analysis is a perfect complement when working with Reliance Global Valuation or Volatility modules.
Reliance |
Reliance Global Group Company Return On Equity Analysis
Reliance Global's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Reliance Global Return On Equity | -1.79 |
Most of Reliance Global's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Reliance Global Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Reliance Global Group has a Return On Equity of -1.7885. This is much lower than that of the Insurance sector and significantly lower than that of the Financials industry. The return on equity for all United States stocks is notably higher than that of the company.
Reliance Global Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Reliance Global's current stock value. Our valuation model uses many indicators to compare Reliance Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Reliance Global competition to find correlations between indicators driving Reliance Global's intrinsic value. More Info.Reliance Global Group is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Reliance Global by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Reliance Global Financial Statements
Reliance Global investors use historical fundamental indicators, such as Reliance Global's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Reliance Global. Please read more on our technical analysis and fundamental analysis pages.
Reliance Global Group, Inc. engages in the acquisition and management of wholesale and retail insurance agencies in the United States. Reliance Global Group, Inc. was incorporated in 2013 and is headquartered in Lakewood, New Jersey. Reliance Global is traded on NASDAQ Exchange in the United States.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Reliance Stock Analysis
When running Reliance Global's price analysis, check to measure Reliance Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliance Global is operating at the current time. Most of Reliance Global's value examination focuses on studying past and present price action to predict the probability of Reliance Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Global's price. Additionally, you may evaluate how the addition of Reliance Global to your portfolios can decrease your overall portfolio volatility.