Reliance Securities Beta vs. Market Capitalization
RELI Stock | IDR 462.00 18.00 4.05% |
For Reliance Securities profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Reliance Securities to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Reliance Securities Tbk utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Reliance Securities's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Reliance Securities Tbk over time as well as its relative position and ranking within its peers.
Reliance |
Reliance Securities Tbk Market Capitalization vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Reliance Securities's current stock value. Our valuation model uses many indicators to compare Reliance Securities value to that of its competitors to determine the firm's financial worth. Reliance Securities Tbk is rated below average in beta category among its peers. It is rated fifth in market capitalization category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Reliance Securities' earnings, one of the primary drivers of an investment's value.Reliance Market Capitalization vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Reliance Securities |
| = | -0.73 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Reliance Securities |
| = | 954 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Reliance Market Capitalization vs Competition
Reliance Securities Tbk is rated fifth in market capitalization category among its peers. Market capitalization of Financials industry is at this time estimated at about 9.63 Trillion. Reliance Securities holds roughly 954 Billion in market capitalization claiming about 10% of equities under Financials industry.
Beta Analysis
As returns on the market increase, returns on owning Reliance Securities are expected to decrease at a much lower rate. During the bear market, Reliance Securities is likely to outperform the market.
Reliance Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Reliance Securities. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Reliance Securities position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Reliance Securities' important profitability drivers and their relationship over time.
Use Reliance Securities in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Reliance Securities position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Reliance Securities will appreciate offsetting losses from the drop in the long position's value.Reliance Securities Pair Trading
Reliance Securities Tbk Pair Trading Analysis
The ability to find closely correlated positions to Reliance Securities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Reliance Securities when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Reliance Securities - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Reliance Securities Tbk to buy it.
The correlation of Reliance Securities is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Reliance Securities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Reliance Securities Tbk moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Reliance Securities can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Reliance Securities position
In addition to having Reliance Securities in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Farming Thematic Idea Now
Farming
Companies producing farming products and providing services for farmers. The Farming theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Farming Theme or any other thematic opportunities.
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Other Information on Investing in Reliance Stock
To fully project Reliance Securities' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Reliance Securities Tbk at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Reliance Securities' income statement, its balance sheet, and the statement of cash flows.