Reliance Competitors
| RELIWDelisted Stock | USD 0 0.0008 16.00% |
Reliance Global Correlation With Market
Pay attention - limited upside
The correlation between Reliance Global Group and DJI is -0.76 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Reliance Global Group and DJI in the same portfolio, assuming nothing else is changed.
Moving against Reliance Stock
Reliance Global Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Reliance Global and its competitors represents the degree of relationship between the price movements of corresponding delisted stocks. A correlation of about +1.0 implies that the price of Reliance and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Reliance Global Group does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Reliance Stock performing well and Reliance Global Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Reliance Global's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RFAC | 5.07 | (1.10) | 0.00 | 4.31 | 0.00 | 6.62 | 54.01 | |||
| LCCC | 0.07 | 0.00 | (0.39) | 0.18 | 0.00 | 0.20 | 0.49 | |||
| HUIZ | 2.51 | (0.64) | 0.00 | 70.97 | 0.00 | 4.40 | 18.29 | |||
| MACI | 0.11 | 0.01 | (0.29) | (0.36) | 0.00 | 0.19 | 1.04 | |||
| ATMV | 8.14 | (0.10) | 0.00 | (0.13) | 0.00 | 21.92 | 92.48 | |||
| PELI | 0.55 | 0.01 | (0.05) | 0.09 | 0.81 | 1.17 | 8.20 | |||
| PGAC | 0.09 | 0.01 | (0.21) | (0.21) | 0.00 | 0.29 | 0.96 |
Reliance Global Competitive Analysis
The better you understand Reliance Global competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Reliance Global's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Reliance Global's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Reliance Global Competition Performance Charts
Five steps to successful analysis of Reliance Global Competition
Reliance Global's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Reliance Global Group in relation to its competition. Reliance Global's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Reliance Global in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Reliance Global's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Reliance Global Group, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Reliance Global position
In addition to having Reliance Global 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?
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Other Consideration for investing in Reliance Stock
If you are still planning to invest in Reliance Global Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Reliance Global's history and understand the potential risks before investing.
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