Remitly Global Stock Performance
| RELY Stock | USD 20.58 0.31 1.53% |
The company holds a Beta of 1.01, which implies a somewhat significant risk relative to the market. Remitly Global returns are very sensitive to returns on the market. As the market goes up or down, Remitly Global is expected to follow. At this point, Remitly Global has a negative expected return of -0.13%. Please make sure to check Remitly Global's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Remitly Global performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Remitly Global has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's essential indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
Actual Historical Performance (%)
One Day Return 1.53 | Five Day Return 3.47 | Year To Date Return (8.12) | Ten Year Return (57.52) | All Time Return (57.52) |
1 | Disposition of 11666 shares by Rene Yoakum of Remitly Global subject to Rule 16b-3 | 01/10/2025 |
2 | Disposition of 14583 shares by Matthew Oppenheimer of Remitly Global at 23.14 subject to Rule 16b-3 | 01/22/2025 |
3 | Disposition of 14583 shares by Matthew Oppenheimer of Remitly Global at 23.19 subject to Rule 16b-3 | 01/23/2025 |
4 | Remitly Global Inc Announces Upcoming Financial Results Release | 02/05/2025 |
5 | Disposition of 14583 shares by Matthew Oppenheimer of Remitly Global at 25.54 subject to Rule 16b-3 | 02/06/2025 |
6 | Remitly Global Inc Q4 2024 Earnings Report Preview What To Look For | 02/19/2025 |
7 | Remitly Global Price Target Raised to 29.00 at Barclays | 02/24/2025 |
8 | Disposition of 952 shares by Morris Nigel W of Remitly Global subject to Rule 16b-3 | 02/25/2025 |
9 | Disposition of 27395 shares by Joshua Hug of Remitly Global at 23.7 subject to Rule 16b-3 | 02/27/2025 |
10 | Visas Growth Accelerates With Rising Tap To Phone Adoption | 03/04/2025 |
11 | MT Bank Corp Raises Stock Position in Remitly Global, Inc. | 03/10/2025 |
12 | Remitly Global Loses -21.87 percent in 4 Weeks, Heres Why a Trend Reversal May be Around the Corner | 03/11/2025 |
13 | Edgestream Partners L.P. Sells 15,903 Shares of Remitly Global, Inc. | 03/13/2025 |
14 | Disposition of 14583 shares by Matthew Oppenheimer of Remitly Global at 19.31 subject to Rule 16b-3 | 03/17/2025 |
15 | Remitly Global Inc Shares Up 3.64 percent on Mar 19 | 03/19/2025 |
| Begin Period Cash Flow | 325 M |
Remitly |
Remitly Global Relative Risk vs. Return Landscape
If you would invest 2,261 in Remitly Global on December 20, 2024 and sell it today you would lose (203.00) from holding Remitly Global or give up 8.98% of portfolio value over 90 days. Remitly Global is currently does not generate positive expected returns and assumes 2.2576% risk (volatility on return distribution) over the 90 days horizon. In different words, 20% of stocks are less volatile than Remitly, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Remitly Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Remitly Global's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Remitly Global, and traders can use it to determine the average amount a Remitly 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 = -0.0582
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RELY |
Estimated Market Risk
| 2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Remitly Global 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 Remitly Global by adding Remitly Global to a well-diversified portfolio.
Remitly Global Fundamentals Growth
Remitly Stock prices reflect investors' perceptions of the future prospects and financial health of Remitly Global, and Remitly 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 Remitly Stock performance.
| Return On Equity | -0.0619 | |||
| Return On Asset | -0.023 | |||
| Profit Margin | (0.03) % | |||
| Operating Margin | (0.01) % | |||
| Current Valuation | 3.71 B | |||
| Shares Outstanding | 200.61 M | |||
| Price To Earning | (0.43) X | |||
| Price To Book | 6.11 X | |||
| Price To Sales | 3.22 X | |||
| Revenue | 1.26 B | |||
| Gross Profit | 749.2 M | |||
| EBITDA | (15.44 M) | |||
| Net Income | (36.98 M) | |||
| Cash And Equivalents | 429.71 M | |||
| Cash Per Share | 2.56 X | |||
| Total Debt | 16.29 M | |||
| Debt To Equity | 0.02 % | |||
| Current Ratio | 2.80 X | |||
| Book Value Per Share | 3.32 X | |||
| Cash Flow From Operations | 194.49 M | |||
| Earnings Per Share | (0.19) X | |||
| Market Capitalization | 4.07 B | |||
| Total Asset | 1.01 B | |||
| Retained Earnings | (528.28 M) | |||
| Working Capital | 568.51 M | |||
| Current Asset | 271.8 M | |||
| Current Liabilities | 155.1 M | |||
About Remitly Global Performance
Evaluating Remitly Global's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Remitly 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 Remitly 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 | 202.93 | 169.77 | |
| Return On Tangible Assets | (0.04) | (0.04) | |
| Return On Capital Employed | (0.06) | (0.06) | |
| Return On Assets | (0.04) | (0.04) | |
| Return On Equity | (0.06) | (0.06) |
Things to note about Remitly Global performance evaluation
Checking the ongoing alerts about Remitly Global for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Remitly Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Remitly Global generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 1.26 B. Net Loss for the year was (36.98 M) with profit before overhead, payroll, taxes, and interest of 749.2 M. | |
| Over 83.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Remitly Global Inc Shares Up 3.64 percent on Mar 19 |
- Analyzing Remitly 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 Remitly Global's stock is overvalued or undervalued compared to its peers.
- Examining Remitly 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 Remitly Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Remitly Global's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Remitly Global's stock. These opinions can provide insight into Remitly Global's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Remitly Stock Analysis
When running Remitly Global's price analysis, check to measure Remitly 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 Remitly Global is operating at the current time. Most of Remitly Global's value examination focuses on studying past and present price action to predict the probability of Remitly 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 Remitly Global's price. Additionally, you may evaluate how the addition of Remitly Global to your portfolios can decrease your overall portfolio volatility.