Remitly Global Stock Alpha and Beta Analysis
| RELY Stock | USD 19.90 0.13 0.66% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Remitly Global. It also helps investors analyze the systematic and unsystematic risks associated with investing in Remitly Global over a specified time horizon. Remember, high Remitly Global's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Remitly Global's market risk premium analysis include:
Beta 0.98 | Alpha 0.0798 | Risk 2.27 | Sharpe Ratio (0.06) | Expected Return (0.13) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Remitly |
Remitly Global Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Remitly Global market risk premium is the additional return an investor will receive from holding Remitly Global long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Remitly Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Remitly Global's performance over market.| α | 0.08 | β | 0.98 |
Remitly Global expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Remitly Global's Buy-and-hold return. Our buy-and-hold chart shows how Remitly Global performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Remitly Global Market Price Analysis
Market price analysis indicators help investors to evaluate how Remitly Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Remitly Global shares will generate the highest return on investment. By understating and applying Remitly Global stock market price indicators, traders can identify Remitly Global position entry and exit signals to maximize returns.
Remitly Global Return and Market Media
The median price of Remitly Global for the period between Sat, Dec 14, 2024 and Fri, Mar 14, 2025 is 23.12 with a coefficient of variation of 7.2. The daily time series for the period is distributed with a sample standard deviation of 1.66, arithmetic mean of 23.07, and mean deviation of 1.26. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 6037 shares by Rene Yoakum of Remitly Global at 21.68 subject to Rule 16b-3 | 12/16/2024 |
2 | Disposition of 11666 shares by Rene Yoakum of Remitly Global subject to Rule 16b-3 | 01/10/2025 |
3 | Disposition of 14583 shares by Matthew Oppenheimer of Remitly Global at 23.14 subject to Rule 16b-3 | 01/22/2025 |
4 | Disposition of 14583 shares by Matthew Oppenheimer of Remitly Global at 23.19 subject to Rule 16b-3 | 01/23/2025 |
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. Reports Q4 Loss, Tops Revenue Estimates | 02/19/2025 |
7 | Remitly Global Inc Q4 2024 Earnings Call Highlights Record Revenue and Strategic Growth ... | 02/20/2025 |
8 | Remitly Global Full Year 2024 Earnings EPS Beats Expectations | 02/21/2025 |
9 | Remitly Global, Inc. A Bull Case Theory | 02/24/2025 |
10 | Disposition of 952 shares by Morris Nigel W of Remitly Global subject to Rule 16b-3 | 02/25/2025 |
11 | Remitly Global Inc Announces Participation in Upcoming Investor Conferences | 02/26/2025 |
12 | Disposition of 27395 shares by Joshua Hug of Remitly Global at 23.7 subject to Rule 16b-3 | 02/27/2025 |
13 | Remitly eyes micro-business market as revenue tops 1 billion | 02/28/2025 |
14 | SVB Wealth LLC Buys New Shares in Remitly Global, Inc. | 03/03/2025 |
15 | Remitly Global Joshua Hug To Transition From Vice Chair To Non-Employee Director -March 06, 2025 at 0510 pm EST - Marketscreener.com | 03/06/2025 |
16 | Spruce Point Capital Is Betting Against Remitly Global Stock, Short Seller Says Shares Could Fall To 9 Amid Tectonic Shift Across Industry | 03/11/2025 |
17 | Remitly co-founder stepping down as vice chair | 03/13/2025 |
About Remitly Global Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Remitly or other stocks. Alpha measures the amount that position in Remitly Global has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2024 | 2025 (projected) | Payables Turnover | 48.12 | 31.9 | 45.54 | Days Of Inventory On Hand | 176.46 | 202.93 | 169.77 |
Remitly Global Upcoming Company Events
As portrayed in its financial statements, the presentation of Remitly Global's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Remitly Global's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Remitly Global's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Remitly Global. Please utilize our Beneish M Score to check the likelihood of Remitly Global's management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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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.