RELIANCE STL ALUM Price on October 11, 6022
759509AB8 | 108.30 0.00 0.00% |
If you're considering investing in RELIANCE Bond, it is important to understand the factors that can impact its price. As of today, the current price of RELIANCE stands at 108.30, as last reported on the 29th of December, with the highest price reaching 108.30 and the lowest price hitting 108.30 during the day. RELIANCE STL ALUM maintains Sharpe Ratio (i.e., Efficiency) of -0.19, which implies the entity had a -0.19% return per unit of volatility over the last 3 months. RELIANCE STL ALUM exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RELIANCE's risk adjusted performance of 0.0075, and Semi Deviation of 2.88 to confirm the risk estimate we provide.
RELIANCE Bond price history is provided at the adjusted basis, taking into account all of the recent filings.
RELIANCE |
Sharpe Ratio = -0.1927
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Negative Returns | 759509AB8 |
Estimated Market Risk
2.29 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average RELIANCE 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 by adding RELIANCE to a well-diversified portfolio.
RELIANCE Valuation on October 11, 6022
It is possible to determine the worth of RELIANCE on a given historical date. On October 11, 6022 RELIANCE was worth 95.42 at the beginning of the trading date compared to the closed value of 95.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RELIANCE bond. Still, in general, we apply an absolute valuation method to find RELIANCE's 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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RELIANCE's related companies.
Open | High | Low | Close | Volume | |
10/11/6022 | 95.42 | 95.42 | 95.42 | 95.42 | 10,000 |
Backtest RELIANCE | | | RELIANCE History | | | RELIANCE Valuation |
RELIANCE Trading Date Momentum on October 11, 6022
About RELIANCE Bond history
RELIANCE 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 STL ALUM 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 stock prices may prove useful in developing a viable investing in RELIANCE
RELIANCE Bond Technical Analysis
RELIANCE technical bond 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, bond market cycles, or different charting patterns.
Price Boundaries
RELIANCE Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
RELIANCE STL ALUM cannot be verified against its exchange. Please verify the symbol is currently traded on Bond 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 December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how RELIANCE bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RELIANCE shares will generate the highest return on investment. By undertsting and applying RELIANCE bond market strength indicators, traders can identify RELIANCE STL ALUM entry and exit signals to maximize returns
RELIANCE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RELIANCE's price direction in advance. Along with the technical and fundamental analysis of RELIANCE Bond 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 | 0.0075 | |||
Jensen Alpha | 0.0055 | |||
Total Risk Alpha | (0.09) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.0136 |
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Pattern Recognition | ||
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Volume Indicators |
Other Information on Investing in RELIANCE Bond
RELIANCE financial ratios help investors to determine whether RELIANCE Bond 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 security.