Reliance Communications (India) Price on September 24, 2024
| RCOM Stock | 1.78 0.10 5.32% |
Below is the normalized historical share price chart for Reliance Communications Limited extending back to August 12, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Reliance Communications stands at 1.78, as last reported on the 1st of December, with the highest price reaching 1.78 and the lowest price hitting 1.78 during the day.
If you're considering investing in Reliance Stock, it is important to understand the factors that can impact its price. Reliance Communications maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of risk over the last 3 months. Reliance Communications exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Reliance Communications' Risk Adjusted Performance of (0.11), variance of 6.24, and Coefficient Of Variation of (675.67) to confirm the risk estimate we provide.
At this time, Reliance Communications' Liabilities And Stockholders Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 160.7 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 2.5 B in 2024. . Reliance Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 1.9147 | 50 Day MA 2.129 | Beta 1.898 |
Reliance |
Sharpe Ratio = -0.123
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| Negative Returns | RCOM |
Estimated Market Risk
| 2.48 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Reliance Communications is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Reliance Communications by adding Reliance Communications to a well-diversified portfolio.
Book Value (299.28) | Enterprise Value 472.7 B | Enterprise Value Ebitda 875.3693 | Price Sales 1.3288 | Shares Float 2.6 B |
Reliance Communications Valuation on September 24, 2024
It is possible to determine the worth of Reliance Communications on a given historical date. On September 24, 2024 Reliance was worth 2.01 at the beginning of the trading date compared to the closed value of 2.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Reliance Communications stock. Still, in general, we apply an absolute valuation method to find Reliance Communications' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Reliance Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Reliance Communications' related companies.
| Open | High | Low | Close | Volume | |
| 2.07 | 2.07 | 1.91 | 2.01 | 20,585,984 | |
09/24/2024 | 2.01 | 2.01 | 2.01 | 2.01 | 1.00 |
| 2.01 | 2.01 | 2.01 | 2.01 | 1.00 |
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Reliance Communications Trading Date Momentum on September 24, 2024
| On September 25 2024 Reliance Communications Limited was traded for 2.01 at the closing time. The highest price during the trading period was 2.01 and the lowest recorded bid was listed for 2.01 . There was no trading activity during the period 1.0. Lack of trading volume on September 25, 2024 did not cause price change. The trading delta at closing time to the current price is 11.44% . |
Reliance Communications Fundamentals Correlations and Trends
By evaluating Reliance Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Reliance Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Reliance financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Reliance Communications Stock history
Reliance Communications investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Reliance is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Reliance Communications will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Reliance Communications stock prices may prove useful in developing a viable investing in Reliance Communications
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.2 B | 2.5 B | |
| Net Loss | -130.5 B | -137 B |
Reliance Communications Stock Technical Analysis
Reliance Communications technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Reliance Communications Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Reliance Communications Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Reliance Communications December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Reliance Communications 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 Communications shares will generate the highest return on investment. By undertsting and applying Reliance Communications stock market strength indicators, traders can identify Reliance Communications Limited entry and exit signals to maximize returns
Reliance Communications Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Reliance Communications' price direction in advance. Along with the technical and fundamental analysis of Reliance Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Reliance to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.80) | |||
| Treynor Ratio | (2.86) |
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Additional Tools for Reliance Stock Analysis
When running Reliance Communications' price analysis, check to measure Reliance Communications' 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 Communications is operating at the current time. Most of Reliance Communications' value examination focuses on studying past and present price action to predict the probability of Reliance Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Communications' price. Additionally, you may evaluate how the addition of Reliance Communications to your portfolios can decrease your overall portfolio volatility.