Reliance Industries Financials
| RLI Stock | EUR 54.60 0.20 0.37% |
Reliance |
Reliance Industries Stock Summary
Reliance Industries competes with Tencent Holdings, Thermo Fisher, Exxon Mobil, SoftBank Group, and China Construction. Reliance Industries Limited engages in the hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, textile, and digital service businesses worldwide. The company was incorporated in 1973 and is based in Mumbai, India. RELIANCE INDS operates under Oil Gas Refining Marketing classification in Germany and is traded on Frankfurt Stock Exchange. It employs 194056 people.| Foreign Associate | USA |
| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | US7594701077 |
| Business Address | Maker Chambers IV, |
| Sector | Energy |
| Industry | Oil & Gas Refining & Marketing |
| Benchmark | Dow Jones Industrial |
| Website | www.ril.com |
| Phone | 91 22 3555 5000 |
| Currency | EUR - Euro |
You should never invest in Reliance Industries without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Reliance Stock, because this is throwing your money away. Analyzing the key information contained in Reliance Industries' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Reliance Industries Key Financial Ratios
There are many critical financial ratios that Reliance Industries' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Reliance Industries reports annually and quarterly.| Return On Equity | 0.0775 | |||
| Return On Asset | 0.031 | |||
| Beta | 0.96 |
Reliance Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Reliance Industries's current stock value. Our valuation model uses many indicators to compare Reliance Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Reliance Industries competition to find correlations between indicators driving Reliance Industries's intrinsic value. More Info.Reliance Industries Limited is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about 0.40 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Reliance Industries Limited is roughly 2.50 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Reliance Industries' earnings, one of the primary drivers of an investment's value.Reliance Industries Systematic Risk
Reliance Industries' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Reliance Industries volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Reliance Industries correlated with the market. If Beta is less than 0 Reliance Industries generally moves in the opposite direction as compared to the market. If Reliance Industries Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Reliance Industries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Reliance Industries is generally in the same direction as the market. If Beta > 1 Reliance Industries moves generally in the same direction as, but more than the movement of the benchmark.
Reliance Industries December 21, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Reliance Industries help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Reliance Industries Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Reliance Industries Limited based on widely used predictive technical indicators. In general, we focus on analyzing Reliance Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Reliance Industries's daily price indicators and compare them against related drivers.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 6.5 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 1.92 |
Complementary Tools for Reliance Stock analysis
When running Reliance Industries' price analysis, check to measure Reliance Industries' 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 Industries is operating at the current time. Most of Reliance Industries' value examination focuses on studying past and present price action to predict the probability of Reliance Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Industries' price. Additionally, you may evaluate how the addition of Reliance Industries to your portfolios can decrease your overall portfolio volatility.
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