Reliance Global Group Stock Analysis
| RELIW Stock | USD 0.04 0.00 0.00% |
Reliance Global Group is overvalued with Real Value of 0.0312 and Hype Value of 0.04. The main objective of Reliance Global stock analysis is to determine its intrinsic value, which is an estimate of what Reliance Global Group is worth, separate from its market price. There are two main types of Reliance Global's stock analysis: fundamental analysis and technical analysis.
The Reliance Global stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Reliance Global is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Reliance Stock trading window is adjusted to America/New York timezone.
Reliance |
Reliance Stock Analysis Notes
The company had not issued any dividends in recent years. Reliance Global Group had 1:15 split on the 23rd of February 2023. Reliance Global Group, Inc. engages in the acquisition and management of wholesale and retail insurance agencies in the United States. Reliance Global Group, Inc. was incorporated in 2013 and is headquartered in Lakewood, New Jersey. Reliance Global is traded on NASDAQ Exchange in the United States. To find out more about Reliance Global Group contact Ezra Beyman at 732 380 4600 or learn more at https://www.relianceglobalgroup.com.Reliance Global Quarterly Total Revenue |
|
Reliance Global Group Investment Alerts
| 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 |
Reliance Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 39.24 M.Reliance Profitablity
The company has Profit Margin (PM) of (1.19) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.15) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.15.| Last Reported | Projected for Next Year | ||
| 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) |
Management Efficiency
Reliance Global Group has return on total asset (ROA) of (0.1095) % which means that it has lost $0.1095 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (1.9854) %, meaning that it generated substantial loss on money invested by shareholders. Reliance Global's management efficiency ratios could be used to measure how well Reliance Global manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to -2.16 in 2024. Return On Capital Employed is likely to climb to -0.67 in 2024. At this time, Reliance Global's Non Currrent Assets Other are fairly stable compared to the past year. Other Current Assets is likely to climb to about 1.8 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 12.4 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.53 | 2.41 | |
| Tangible Book Value Per Share | (3.75) | (3.57) | |
| Enterprise Value Over EBITDA | (6.76) | (7.10) | |
| Price Book Value Ratio | 3.60 | 3.42 | |
| Enterprise Value Multiple | (6.76) | (7.10) | |
| Price Fair Value | 3.60 | 3.42 | |
| Enterprise Value | 39 M | 37 M |
The operational strategies employed by Reliance Global management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Operating Margin (0.15) | Profit Margin (1.19) | Beta 0.279 | Return On Assets (0.11) | Return On Equity (1.99) |
Technical Drivers
As of the 2nd of December, Reliance Global holds the Coefficient Of Variation of 689.27, semi deviation of 17.22, and Risk Adjusted Performance of 0.1207. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Reliance Global, as well as the relationship between them. Please check Reliance Global Group standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Reliance Global Group is priced some-what accurately, providing market reflects its current price of 0.0385 per share. As Reliance Global Group appears to be a penny stock we also advise to check out its total risk alpha numbers.Reliance Global Group Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Reliance Global middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Reliance Global Group. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Reliance Global Group Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Reliance Global insiders, such as employees or executives, is commonly permitted as long as it does not rely on Reliance Global's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Reliance Global insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Markovits Joel over two months ago Disposition of tradable shares by Markovits Joel of Reliance Global subject to Rule 16b-3 |
Reliance Global Predictive Daily Indicators
Reliance Global intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Reliance Global stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.0385 | |||
| Day Typical Price | 0.0385 |
Reliance Global Forecast Models
Reliance Global's time-series forecasting models are one of many Reliance Global's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Reliance Global's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Reliance Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Reliance Global prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Reliance shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Reliance Global. By using and applying Reliance Stock analysis, traders can create a robust methodology for identifying Reliance entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (0.73) | (0.77) | |
| Operating Profit Margin | (1.01) | (1.06) | |
| Net Loss | (0.87) | (0.92) | |
| Gross Profit Margin | 0.18 | 0.19 |
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Reliance Global to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Stock Tickers Now
Stock TickersUse high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |
| All Next | Launch Module |
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.