Reliance Securities (Indonesia) Market Value
| RELI Stock | IDR 418.00 20.00 4.57% |
| Symbol | Reliance |
Reliance Securities 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Reliance Securities' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Reliance Securities.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Reliance Securities on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Reliance Securities Tbk or generate 0.0% return on investment in Reliance Securities over 90 days. Reliance Securities is related to or competes with Panca Global, Panin Sekuritas, Trimegah Securities, Yulie Sekurindo, and Trust Finance. More
Reliance Securities Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Reliance Securities' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Reliance Securities Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.18 | |||
| Information Ratio | 0.0258 | |||
| Maximum Drawdown | 45.22 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 10.53 |
Reliance Securities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reliance Securities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Reliance Securities' standard deviation. In reality, there are many statistical measures that can use Reliance Securities historical prices to predict the future Reliance Securities' volatility.| Risk Adjusted Performance | 0.0184 | |||
| Jensen Alpha | 0.1859 | |||
| Total Risk Alpha | 0.9148 | |||
| Sortino Ratio | 0.0213 | |||
| Treynor Ratio | 0.0595 |
Reliance Securities Tbk Backtested Returns
Reliance Securities Tbk maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the firm had a close to zero % return per unit of risk over the last 3 months. Reliance Securities Tbk exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Reliance Securities' Coefficient Of Variation of 8970.79, risk adjusted performance of 0.0184, and Semi Deviation of 5.45 to confirm the risk estimate we provide. The company holds a Beta of 1.1, which implies a somewhat significant risk relative to the market. Reliance Securities returns are very sensitive to returns on the market. As the market goes up or down, Reliance Securities is expected to follow. At this point, Reliance Securities Tbk has a negative expected return of -0.0598%. Please make sure to check Reliance Securities' sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Reliance Securities Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.36 |
Below average predictability
Reliance Securities Tbk has below average predictability. Overlapping area represents the amount of predictability between Reliance Securities time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Reliance Securities Tbk price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Reliance Securities price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 271.0 |
Reliance Securities Tbk lagged returns against current returns
Autocorrelation, which is Reliance Securities stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Reliance Securities' stock expected returns. We can calculate the autocorrelation of Reliance Securities returns to help us make a trade decision. For example, suppose you find that Reliance Securities has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Reliance Securities regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Reliance Securities stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Reliance Securities stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Reliance Securities stock over time.
Current vs Lagged Prices |
| Timeline |
Reliance Securities Lagged Returns
When evaluating Reliance Securities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Reliance Securities stock have on its future price. Reliance Securities autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Reliance Securities autocorrelation shows the relationship between Reliance Securities stock current value and its past values and can show if there is a momentum factor associated with investing in Reliance Securities Tbk.
Regressed Prices |
| Timeline |
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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.