Reliance Good Will from 2010 to 2024

RELIW Stock  USD 0.03  0.02  35.90%   
Reliance Global Good Will yearly trend continues to be fairly stable with very little volatility. Good Will is likely to outpace its year average in 2024. Good Will is an intangible asset that arises when Reliance Global Group acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2019-12-31
Previous Quarter
6.7 M
Current Value
6.7 M
Quarterly Volatility
8.7 M
 
Covid
Check Reliance Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reliance Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 1.6 M or Selling General Administrative of 2.7 M, as well as many indicators such as Price To Sales Ratio of 1.78, Dividend Yield of 0.22 or PTB Ratio of 3.42. Reliance financial statements analysis is a perfect complement when working with Reliance Global Valuation or Volatility modules.
  
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.

Latest Reliance Global's Good Will Growth Pattern

Below is the plot of the Good Will of Reliance Global Group over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. Reliance Global's Good Will historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Reliance Global's overall financial position and show how it may be relating to other accounts over time.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

Reliance Good Will Regression Statistics

Arithmetic Mean5,278,125
Geometric Mean3,468,013
Coefficient Of Variation98.89
Mean Deviation4,287,091
Median1,705,550
Standard Deviation5,219,397
Sample Variance27.2T
Range17.4M
R-Value0.75
Mean Square Error12.7T
R-Squared0.57
Significance0
Slope877,968
Total Sum of Squares381.4T

Reliance Good Will History

202410.2 M
20236.7 M
202219.1 M
202110.1 M
20209.3 M
20198.5 M

About Reliance Global Financial Statements

Reliance Global investors use historical fundamental indicators, such as Reliance Global's Good Will, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Reliance Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Good Will6.7 M10.2 M

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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.