Reliance Securities (Indonesia) Price on September 10, 2024
| RELI Stock | IDR 446.00 4.00 0.89% |
If you're considering investing in Reliance Stock, it is important to understand the factors that can impact its price. As of today, the current price of Reliance Securities stands at 446.00, as last reported on the 1st of December, with the highest price reaching 448.00 and the lowest price hitting 432.00 during the day. As of now, Reliance Stock is very steady. Reliance Securities Tbk maintains Sharpe Ratio (i.e., Efficiency) of 0.0053, which implies the firm had a 0.0053% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Reliance Securities Tbk, which you can use to evaluate the volatility of the company. Please check Reliance Securities' Coefficient Of Variation of (34,341), variance of 5.44, and Risk Adjusted Performance of 0.0045 to confirm if the risk estimate we provide is consistent with the expected return of 0.0123%.
Reliance Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Reliance |
Sharpe Ratio = 0.0053
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| Negative Returns | RELI |
Estimated Market Risk
| 2.31 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Reliance Securities 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 Securities by adding Reliance Securities to a well-diversified portfolio.
Reliance Securities Valuation on September 10, 2024
It is possible to determine the worth of Reliance Securities on a given historical date. On September 10, 2024 Reliance was worth 460.0 at the beginning of the trading date compared to the closed value of 450.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Reliance Securities stock. Still, in general, we apply an absolute valuation method to find Reliance Securities' 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 Securities where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Reliance Securities' related companies.
| Open | High | Low | Close | Volume | |
| 452.00 | 462.00 | 390.00 | 460.00 | 5,400 | |
09/10/2024 | 460.00 | 560.00 | 412.00 | 450.00 | 27,300 |
| 462.00 | 466.00 | 418.00 | 466.00 | 5,100 |
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Reliance Securities Trading Date Momentum on September 10, 2024
| On September 11 2024 Reliance Securities Tbk was traded for 466.00 at the closing time. The highest price during the trading period was 466.00 and the lowest recorded bid was listed for 418.00 . The volume for the day was 5.1 K. This history from September 11, 2024 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 3.56% . The trading delta at closing time to the current price is 2.22% . |
Reliance Securities Tbk Fundamentals Correlations and Trends
By evaluating Reliance Securities' 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 Securities' 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 Securities Stock history
Reliance Securities 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 Securities Tbk 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 Securities stock prices may prove useful in developing a viable investing in Reliance Securities
Reliance Securities Stock Technical Analysis
Reliance Securities 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 Securities Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Reliance Securities Tbk cannot be verified against its exchange. Please verify the symbol is currently traded on Jakarta Exchange. 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 Securities December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Reliance Securities 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 Securities shares will generate the highest return on investment. By undertsting and applying Reliance Securities stock market strength indicators, traders can identify Reliance Securities Tbk entry and exit signals to maximize returns
Reliance Securities Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Reliance Securities' 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 | 0.0045 | |||
| Jensen Alpha | 0.0036 | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | 0.1052 |
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Other Information on Investing in Reliance Stock
Reliance Securities financial ratios help investors to determine whether Reliance Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Reliance with respect to the benefits of owning Reliance Securities security.