Remitly Global Stock Forecast - Day Median Price

RELY Stock  USD 20.74  0.62  2.90%   
Remitly Stock Forecast is based on your current time horizon.
  
At this time, Remitly Global's Inventory Turnover is fairly stable compared to the past year. Fixed Asset Turnover is likely to rise to 55.78 in 2024, whereas Payables Turnover is likely to drop 11.14 in 2024. . Common Stock Shares Outstanding is likely to drop to about 94.2 M in 2024. Net Loss is likely to rise to about (97.5 M) in 2024.
Remitly Global has current Day Median Price of 20.97. Median Price is the statistical median of an asset price for a given trading period.
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Remitly Global Trading Date Momentum

On December 15 2024 Remitly Global was traded for  20.74  at the closing time. The top price for the day was 21.33  and the lowest listed price was  20.60 . There was no trading activity during the period 0.0. Lack of trading volume on December 15, 2024 did not cause price change. The trading delta at closing time against the current closing price is 2.56% .
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for Remitly Global

For every potential investor in Remitly, whether a beginner or expert, Remitly Global's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Remitly Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Remitly. Basic forecasting techniques help filter out the noise by identifying Remitly Global's price trends.

Remitly Global Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Remitly Global stock to make a market-neutral strategy. Peer analysis of Remitly Global could also be used in its relative valuation, which is a method of valuing Remitly Global by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Remitly Global Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Remitly Global's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Remitly Global's current price.

Remitly Global Market Strength Events

Market strength indicators help investors to evaluate how Remitly Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Remitly Global shares will generate the highest return on investment. By undertsting and applying Remitly Global stock market strength indicators, traders can identify Remitly Global entry and exit signals to maximize returns.

Remitly Global Risk Indicators

The analysis of Remitly Global's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Remitly Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting remitly stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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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 Remitly Stock Analysis

When running Remitly Global's price analysis, check to measure Remitly 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 Remitly Global is operating at the current time. Most of Remitly Global's value examination focuses on studying past and present price action to predict the probability of Remitly 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 Remitly Global's price. Additionally, you may evaluate how the addition of Remitly Global to your portfolios can decrease your overall portfolio volatility.