Reliance Global Group Stock Performance
| RELI Stock | USD 1.24 0.07 5.34% |
The company holds a Beta of 0.64, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Reliance Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Reliance Global is expected to be smaller as well. At this point, Reliance Global Group has a negative expected return of -0.9%. Please make sure to check Reliance Global's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Reliance Global Group performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Reliance Global Group has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's essential indicators remain fairly strong which may send shares a bit higher in January 2025. The recent confusion may also be a sign of long-lasting up-swing for the firm traders. ...more
Last Split Factor 1:17 | Last Split Date 2024-07-01 |
1 | Reliance Global Group Launches Beta Version of Advanced Quote Bind InsurTech Solution for Commercial Policies, Ahead of Schedule | 09/30/2024 |
2 | Reliance Global Group Inc Q3 2024 Earnings Call Highlights Revenue Growth and Strategic ... | 11/08/2024 |
3 | Reliance Global Group, Inc. Q3 2024 Earnings Call Transcript | 11/11/2024 |
4 | Reliance Global Now Adjusted EBITDA Positive With Growing Revenue Reflecting Potential Benefits Of OneFirm Approach | 11/22/2024 |
| Begin Period Cash Flow | 1.9 M |
Reliance |
Reliance Global Relative Risk vs. Return Landscape
If you would invest 254.00 in Reliance Global Group on September 20, 2024 and sell it today you would lose (123.00) from holding Reliance Global Group or give up 48.43% of portfolio value over 90 days. Reliance Global Group is currently does not generate positive expected returns and assumes 5.5766% risk (volatility on return distribution) over the 90 days horizon. In different words, 49% of stocks are less volatile than Reliance, 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 |
Reliance Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reliance Global's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Reliance Global Group, and traders can use it to determine the average amount a Reliance 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 = -0.1609
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RELI |
Estimated Market Risk
| 5.58 actual daily | 49 51% of assets are more volatile |
Expected Return
| -0.9 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Reliance 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 Reliance Global by adding Reliance Global to a well-diversified portfolio.
Reliance Global Fundamentals Growth
Reliance Stock prices reflect investors' perceptions of the future prospects and financial health of Reliance Global, and Reliance 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 Reliance Stock performance.
| Return On Equity | -1.99 | ||||
| Return On Asset | -0.11 | ||||
| Profit Margin | (1.19) % | ||||
| Operating Margin | (0.15) % | ||||
| Current Valuation | 14.76 M | ||||
| Shares Outstanding | 1.71 M | ||||
| Price To Book | 0.75 X | ||||
| Price To Sales | 0.15 X | ||||
| Revenue | 13.73 M | ||||
| Gross Profit | 2.61 M | ||||
| EBITDA | (5.76 M) | ||||
| Net Income | (12.01 M) | ||||
| Cash And Equivalents | 1.62 M | ||||
| Cash Per Share | 0.09 X | ||||
| Total Debt | 14.54 M | ||||
| Debt To Equity | 0.60 % | ||||
| Current Ratio | 0.56 X | ||||
| Book Value Per Share | 1.94 X | ||||
| Cash Flow From Operations | (847.97 K) | ||||
| Earnings Per Share | (78.45) X | ||||
| Market Capitalization | 2.12 M | ||||
| Total Asset | 23.02 M | ||||
| Retained Earnings | (39 M) | ||||
| Working Capital | 1.19 M | ||||
About Reliance Global Performance
By evaluating Reliance Global's fundamental ratios, stakeholders can gain valuable insights into Reliance Global's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Reliance 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 Reliance 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 | 38.52 | 40.44 | |
| 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) |
Things to note about Reliance Global Group performance evaluation
Checking the ongoing alerts about Reliance Global for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Reliance Global Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Reliance Global generated a negative expected return over the last 90 days | |
| Reliance Global has high historical volatility and very poor performance | |
| Reliance Global may become a speculative penny stock | |
| Reliance Global has a very high chance of going through financial distress in the upcoming years | |
| Reliance Global Group currently holds 14.54 M in liabilities with Debt to Equity (D/E) ratio of 0.6, which is about average as compared to similar companies. Reliance Global Group has a current ratio of 0.55, indicating that it has a negative working capital and may not be able to pay financial obligations when 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 previous year's revenue of 13.73 M. Net Loss for the year was (12.01 M) with profit before overhead, payroll, taxes, and interest of 2.61 M. | |
| Reliance Global Group currently holds about 1.62 M in cash with (847.97 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. | |
| Reliance Global has a poor financial position based on the latest SEC disclosures | |
| Latest headline from benzinga.com: Reliance Global Now Adjusted EBITDA Positive With Growing Revenue Reflecting Potential Benefits Of OneFirm Approach |
- Analyzing Reliance 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 Reliance Global's stock is overvalued or undervalued compared to its peers.
- Examining Reliance 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 Reliance Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Reliance Global's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Reliance Global's stock. These opinions can provide insight into Reliance Global's potential for growth and whether the stock is currently undervalued or overvalued.
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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