Reliance Global Stock Forecast - Daily Balance Of Power

RELIW Stock  USD 0.04  0.00  0.00%   
Reliance Stock Forecast is based on your current time horizon.
  
At this time, Reliance Global's Inventory Turnover is fairly stable compared to the past year. Payables Turnover is likely to climb to 27.30 in 2024, whereas Receivables Turnover is likely to drop 9.48 in 2024. . Common Stock Shares Outstanding is likely to climb to about 318.2 K in 2024, whereas Net Loss is likely to drop (3.5 M) in 2024.
On November 22, 2024 Reliance Global Group had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Reliance Global Group market sensitivity to bulls and bears. It estimates the ability of Reliance Global buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Reliance Global Balance of Power indicator one can determine a trend of the price direction.
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Reliance Global Trading Date Momentum

On November 25 2024 Reliance Global Group was traded for  0.04  at the closing time. The highest daily price throughout the period was 0.04  and the lowest price was  0.04 . The daily volume was 575. The net trading volume on 11/25/2024 added to the next day price increase. The trading delta at closing time to closing price of the next trading day was 21.84% . The trading delta at closing time to current closing price is 21.84% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Reliance 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 Reliance Global stock to make a market-neutral strategy. Peer analysis of Reliance Global could also be used in its relative valuation, which is a method of valuing Reliance Global by comparing valuation metrics with similar companies.
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Reliance Global Market Strength Events

Market strength indicators help investors to evaluate how Reliance 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 Reliance Global shares will generate the highest return on investment. By undertsting and applying Reliance Global stock market strength indicators, traders can identify Reliance Global Group entry and exit signals to maximize returns.

Reliance Global Risk Indicators

The analysis of Reliance 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 Reliance Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting reliance 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 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.