Reliance Global Group Stock Performance
| RELIW Stock | USD 0.04 0.00 0.00% |
Reliance Global holds a performance score of 12 on a scale of zero to a hundred. The company holds a Beta of 2.21, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Reliance Global will likely underperform. Use Reliance Global information ratio, value at risk, as well as the relationship between the Value At Risk and kurtosis , to analyze future returns on Reliance Global.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Reliance Global Group are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal forward indicators, Reliance Global showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:15 | Last Split Date 2023-02-23 |
1 | Reliance Global Group Reports Second Quarter 2024 Results and Provides Business Update - StockTitan | 07/25/2024 |
2 | Short Interest in Reliance Global Group, Inc. Rises By 168.6 percent - Defense World | 08/13/2024 |
3 | Disposition of tradable shares by Markovits Joel of Reliance Global subject to Rule 16b-3 | 09/06/2024 |
4 | Reliance Global Group Announces Stock Exchange and Q3 Call - TipRanks | 11/04/2024 |
| Begin Period Cash Flow | 1.9 M |
Reliance |
Reliance Global Relative Risk vs. Return Landscape
If you would invest 6.00 in Reliance Global Group on September 3, 2024 and sell it today you would lose (2.15) from holding Reliance Global Group or give up 35.83% of portfolio value over 90 days. Reliance Global Group is currently producing 25.7325% returns and takes up 167.1175% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Reliance, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Reliance Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reliance Global's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Reliance Global Group, and traders can use it to determine the average amount a Reliance Global'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 = 0.154
| Best Portfolio | Best Equity | RELIW | ||
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Estimated Market Risk
| 167.12 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Reliance Global is performing at about 12% 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 Global by adding it to a well-diversified portfolio.
Reliance Global Fundamentals Growth
Reliance Stock prices reflect investors' perceptions of the future prospects and financial health of Reliance Global, and Reliance Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Reliance Stock performance.
| Return On Equity | -1.99 | ||||
| Return On Asset | -0.11 | ||||
| Profit Margin | (1.19) % | ||||
| Operating Margin | (0.15) % | ||||
| Revenue | 13.73 M | ||||
| EBITDA | (5.76 M) | ||||
| Net Income | (12.01 M) | ||||
| Cash And Equivalents | 13.28 K | ||||
| Total Debt | 14.54 M | ||||
| Current Ratio | 0.09 X | ||||
| Book Value Per Share | 1.94 X | ||||
| Cash Flow From Operations | (847.97 K) | ||||
| Market Capitalization | 39.24 M | ||||
| Total Asset | 23.02 M | ||||
| Retained Earnings | (39 M) | ||||
| Working Capital | 1.19 M | ||||
About Reliance Global Performance
Evaluating Reliance Global's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Reliance Global 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 Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 38.52 | 40.44 | |
| Return On Tangible Assets | (2.27) | (2.16) | |
| Return On Capital Employed | (0.70) | (0.67) | |
| Return On Assets | (0.52) | (0.55) | |
| Return On Equity | (1.68) | (1.76) |
Things to note about Reliance Global Group performance evaluation
Checking the ongoing alerts about Reliance Global for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Reliance Global Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Reliance Global is way too risky over 90 days horizon | |
| Reliance Global has some characteristics of a very speculative penny stock | |
| Reliance Global appears to be risky and price may revert if volatility continues | |
| Reliance Global has high likelihood to experience some financial distress in the next 2 years | |
| Reliance Global Group has accumulated 14.54 M in total debt. Reliance Global Group has a current ratio of 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Reliance Global's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the revenue of 13.73 M. Net Loss for the year was (12.01 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Reliance Global Group has accumulated about 13.28 K in cash with (847.97 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: Reliance Global Group Announces Stock Exchange and Q3 Call - TipRanks |
- Analyzing Reliance Global'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 Global's stock is overvalued or undervalued compared to its peers.
- Examining Reliance Global'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 Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Reliance Global's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Reliance Global's stock. These opinions can provide insight into Reliance Global's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Reliance Stock Analysis
When running Reliance Global's price analysis, check to measure Reliance Global'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 Global is operating at the current time. Most of Reliance Global's value examination focuses on studying past and present price action to predict the probability of Reliance Global'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 Global's price. Additionally, you may evaluate how the addition of Reliance Global to your portfolios can decrease your overall portfolio volatility.