Reliance Global Group Stock Price on December 4, 2024
| RELI Stock | USD 2.38 0.28 10.53% |
Below is the normalized historical share price chart for Reliance Global Group extending back to February 10, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Reliance Global stands at 2.38, as last reported on the 28th of December, with the highest price reaching 2.88 and the lowest price hitting 2.23 during the day.
If you're considering investing in Reliance Stock, it is important to understand the factors that can impact its price. Reliance Global is abnormally volatile given 3 months investment horizon. Reliance Global Group maintains Sharpe Ratio (i.e., Efficiency) of 0.0618, which implies the firm had a 0.0618% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.31% are justified by taking the suggested risk. Use Reliance Global Risk Adjusted Performance of 0.058, semi deviation of 5.41, and Coefficient Of Variation of 1646.08 to evaluate company specific risk that cannot be diversified away.
As of now, Reliance Global's Common Stock Shares Outstanding is increasing as compared to previous years. The Reliance Global's current Preferred Stock Total Equity is estimated to increase to about 40.9 K, while Liabilities And Stockholders Equity is projected to decrease to under 14.3 M. . The Reliance Global's current Price Earnings To Growth Ratio is estimated to increase to 0.02, while Price To Sales Ratio is projected to decrease to 1.78. Reliance Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of February 2016 | 200 Day MA 3.5747 | 50 Day MA 1.8567 | Beta 0.279 |
Reliance |
Sharpe Ratio = 0.0618
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Estimated Market Risk
| 21.12 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.31 actual daily | 26 74% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Reliance Global is performing at about 4% 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.
Price Book 1.4451 | Enterprise Value Ebitda (5.28) | Price Sales 0.2895 | Shares Float 1.6 M | Wall Street Target Price 7 |
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Reliance Global Valuation on December 4, 2024
It is possible to determine the worth of Reliance Global on a given historical date. On December 4, 2024 Reliance was worth 1.69 at the beginning of the trading date compared to the closed value of 1.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Reliance Global stock. Still, in general, we apply an absolute valuation method to find Reliance Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Reliance Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Reliance Global's related companies.
| Open | High | Low | Close | Volume | |
| 1.59 | 1.74 | 1.55 | 1.60 | 213,536 | |
12/04/2024 | 1.69 | 1.69 | 1.57 | 1.60 | 119,640 |
| 1.57 | 1.60 | 1.35 | 1.49 | 151,640 |
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Reliance Global Trading Date Momentum on December 4, 2024
| On December 05 2024 Reliance Global Group was traded for 1.49 at the closing time. The top price for the day was 1.60 and the lowest listed price was 1.35 . The trading volume for the day was 151.6 K. The trading history from December 5, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 6.88% . The trading delta at closing time against the current closing price is 6.25% . |
Reliance Global Group Fundamentals Correlations and Trends
By evaluating Reliance Global's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Reliance Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Reliance financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Reliance Global Stock history
Reliance Global investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Reliance is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Reliance Global Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Reliance Global stock prices may prove useful in developing a viable investing in Reliance Global
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 165.9 K | 318.2 K | |
| Net Loss | -19 M | -18 M |
Reliance Global Stock Technical Analysis
Reliance Global technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Reliance Global Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
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Reliance Global December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Reliance 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 Reliance Global shares will generate the highest return on investment. By undertsting and applying Reliance Global stock market strength indicators, traders can identify Reliance Global Group entry and exit signals to maximize returns
Reliance Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Reliance Global's price direction in advance. Along with the technical and fundamental analysis of Reliance Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Reliance to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.058 | |||
| Jensen Alpha | 1.15 | |||
| Total Risk Alpha | 0.669 | |||
| Sortino Ratio | 0.2087 | |||
| Treynor Ratio | 0.2888 |
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Complementary 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.
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