Remitly Global Stock Buy Hold or Sell Recommendation
| RELY Stock | USD 19.90 0.13 0.66% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Remitly Global is 'Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Remitly Global given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Remitly Global, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Remitly Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Remitly Stock please use our How to Invest in Remitly Global guide. In addition, we conduct extensive research on individual companies such as Remitly and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Remitly Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Remitly |
Execute Remitly Global Buy or Sell Advice
The Remitly recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Remitly Global. Macroaxis does not own or have any residual interests in Remitly Global or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Remitly Global's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Remitly Global Trading Alerts and Improvement Suggestions
| Remitly Global generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 1.26 B. Net Loss for the year was (36.98 M) with profit before overhead, payroll, taxes, and interest of 749.2 M. | |
| Over 83.0% of the company shares are owned by institutional investors | |
| Latest headline from benzinga.com: Western Union, Remitly Face Risks From Cartel Crackdown, Short Seller Says |
Remitly Global Returns Distribution Density
The distribution of Remitly Global's historical returns is an attempt to chart the uncertainty of Remitly Global's future price movements. The chart of the probability distribution of Remitly Global daily returns describes the distribution of returns around its average expected value. We use Remitly Global price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Remitly Global returns is essential to provide solid investment advice for Remitly Global.
| Mean Return | -0.06 | Value At Risk | -3.39 | Potential Upside | 4.55 | Standard Deviation | 2.33 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Remitly Global historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Remitly Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Remitly Global, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Remitly Global back and forth among themselves.
| Shares | Jpmorgan Chase & Co | 2024-12-31 | 2.8 M | Dimensional Fund Advisors, Inc. | 2024-12-31 | 2.3 M | Fmr Inc | 2024-12-31 | 2.2 M | Wellington Management Company Llp | 2024-12-31 | 2 M | Deutsche Bank Ag | 2024-12-31 | 2 M | Nuveen Asset Management, Llc | 2024-12-31 | 1.9 M | Principal Financial Group Inc | 2024-12-31 | 1.9 M | Lead Edge Capital Management, Llc | 2024-12-31 | 1.8 M | Goldman Sachs Group Inc | 2024-12-31 | 1.7 M | Naspers Ltd | 2024-12-31 | 37.3 M | Vanguard Group Inc | 2024-12-31 | 14.7 M |
Remitly Global Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 4.6M | 215.2M | (102.6M) | 24.3M | 44.8M | 42.5M | |
| Free Cash Flow | (118.6M) | (22.9M) | (112.2M) | (62.7M) | 188.5M | 224.3M | |
| Other Non Cash Items | 2K | 7.4M | 2.3M | 5.3M | 3.0M | 3.2M | |
| Capital Expenditures | 4.4M | 4.5M | 7.1M | 9.1M | 6.0M | 8.0M | |
| Net Income | (32.6M) | (38.8M) | (114.0M) | (117.8M) | (37.0M) | (35.1M) | |
| End Period Cash Flow | 188.1M | 403.3M | 300.7M | 325.0M | 369.8M | 404.9M | |
| Depreciation | 4.1M | 5.3M | 6.7M | 13.1M | 18.1M | 14.0M | |
| Investments | (4.4M) | (4.5M) | (7.3M) | (49.7M) | (17.7M) | (18.6M) |
Remitly Global Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Remitly Global or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Remitly Global's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Remitly stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.96 | |
σ | Overall volatility | 2.25 | |
Ir | Information ratio | 0.02 |
Remitly Global Volatility Alert
Remitly Global exhibits very low volatility with skewness of -0.11 and kurtosis of 0.93. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Remitly Global's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Remitly Global's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Remitly Global Fundamentals Vs Peers
Comparing Remitly Global's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Remitly Global's direct or indirect competition across all of the common fundamentals between Remitly Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as Remitly Global or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Remitly Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing Remitly Global by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Remitly Global to competition |
| Fundamentals | Remitly Global | Peer Average |
| Return On Equity | -0.0619 | -0.31 |
| Return On Asset | -0.023 | -0.14 |
| Profit Margin | (0.03) % | (1.27) % |
| Operating Margin | (0.01) % | (5.51) % |
| Current Valuation | 3.64 B | 16.62 B |
| Shares Outstanding | 200.61 M | 571.82 M |
| Shares Owned By Insiders | 5.76 % | 10.09 % |
| Shares Owned By Institutions | 82.65 % | 39.21 % |
| Number Of Shares Shorted | 6.36 M | 4.71 M |
| Price To Earning | (0.43) X | 28.72 X |
| Price To Book | 6.00 X | 9.51 X |
| Price To Sales | 3.16 X | 11.42 X |
| Revenue | 1.26 B | 9.43 B |
| Gross Profit | 749.2 M | 27.38 B |
| EBITDA | (15.44 M) | 3.9 B |
| Net Income | (36.98 M) | 570.98 M |
| Cash And Equivalents | 429.71 M | 2.7 B |
| Cash Per Share | 2.56 X | 5.01 X |
| Total Debt | 16.29 M | 5.32 B |
| Debt To Equity | 0.02 % | 48.70 % |
| Current Ratio | 2.80 X | 2.16 X |
| Book Value Per Share | 3.32 X | 1.93 K |
| Cash Flow From Operations | 194.49 M | 971.22 M |
| Short Ratio | 3.08 X | 4.00 X |
| Earnings Per Share | (0.19) X | 3.12 X |
| Price To Earnings To Growth | (0.02) X | 4.89 X |
| Target Price | 31.22 | |
| Number Of Employees | 2.8 K | 18.84 K |
| Beta | 0.065 | -0.15 |
| Market Capitalization | 3.99 B | 19.03 B |
| Total Asset | 1.01 B | 29.47 B |
| Retained Earnings | (528.28 M) | 9.33 B |
| Working Capital | 568.51 M | 1.48 B |
Note: Disposition of 27395 shares by Joshua Hug of Remitly Global at 23.7 subject to Rule 16b-3 [view details]
Remitly Global Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Remitly . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Remitly Global Buy or Sell Advice
When is the right time to buy or sell Remitly Global? Buying financial instruments such as Remitly Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Remitly Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Investing Thematic Idea Now
Investing
Companies involved in money management and investment banking services. The Investing theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Investing Theme or any other thematic opportunities.
| View All Next | Launch |
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.