Reliance Insurance (Pakistan) Performance
| RICL Stock | 12.52 0.11 0.89% |
On a scale of 0 to 100, Reliance Insurance holds a performance score of 8. The company holds a Beta of -0.65, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Reliance Insurance are expected to decrease at a much lower rate. During the bear market, Reliance Insurance is likely to outperform the market. Please check Reliance Insurance's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Reliance Insurance's historical price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Reliance Insurance Co are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Reliance Insurance sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Reliance |
Reliance Insurance Relative Risk vs. Return Landscape
If you would invest 1,035 in Reliance Insurance Co on September 13, 2024 and sell it today you would earn a total of 217.00 from holding Reliance Insurance Co or generate 20.97% return on investment over 90 days. Reliance Insurance Co is generating 0.3818% of daily returns and assumes 3.4659% volatility on return distribution over the 90 days horizon. Simply put, 30% of stocks are less volatile than Reliance, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Reliance Insurance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reliance Insurance's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Reliance Insurance Co, and traders can use it to determine the average amount a Reliance Insurance's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1102
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.47 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Reliance Insurance is performing at about 8% of its full potential. 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 Insurance by adding it to a well-diversified portfolio.
About Reliance Insurance Performance
By analyzing Reliance Insurance's fundamental ratios, stakeholders can gain valuable insights into Reliance Insurance's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Reliance Insurance has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Reliance Insurance has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Reliance Insurance performance evaluation
Checking the ongoing alerts about Reliance Insurance for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Reliance Insurance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Reliance Insurance had very high historical volatility over the last 90 days |
- Analyzing Reliance Insurance's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Reliance Insurance's stock is overvalued or undervalued compared to its peers.
- Examining Reliance Insurance's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Reliance Insurance's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Reliance Insurance's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Reliance Insurance's stock. These opinions can provide insight into Reliance Insurance's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Reliance Stock analysis
When running Reliance Insurance's price analysis, check to measure Reliance Insurance'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 Insurance is operating at the current time. Most of Reliance Insurance's value examination focuses on studying past and present price action to predict the probability of Reliance Insurance'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 Insurance's price. Additionally, you may evaluate how the addition of Reliance Insurance to your portfolios can decrease your overall portfolio volatility.
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