Reliance Global Stock Forecast - Period Momentum Indicator

RELI Stock  USD 1.60  0.31  24.03%   
Reliance Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Reliance Global's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Reliance Global's Asset Turnover is increasing as compared to previous years. . The Reliance Global's current Common Stock Shares Outstanding is estimated to increase to about 318.2 K, while Net Loss is forecasted to increase to (18 M).
Reliance Global Group has current Period Momentum Indicator of 0.31. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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Reliance Global Trading Date Momentum

On November 25 2024 Reliance Global Group was traded for  1.60  at the closing time. The top price for the day was 1.60  and the lowest listed price was  1.28 . The trading volume for the day was 741.1 K. The trading history from November 25, 2024 did not cause price change. The trading delta at closing time against the current closing price is 16.87% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Reliance Global

For every potential investor in Reliance, whether a beginner or expert, Reliance Global's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Reliance Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Reliance. Basic forecasting techniques help filter out the noise by identifying Reliance Global's price trends.

Reliance Global Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Reliance Global stock to make a market-neutral strategy. Peer analysis of Reliance Global could also be used in its relative valuation, which is a method of valuing Reliance Global by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Reliance Global Group Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Reliance Global's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Reliance Global's current price.

Reliance Global Market Strength Events

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 Risk Indicators

The analysis of Reliance Global's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Reliance Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting reliance stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

When determining whether Reliance Global Group is a strong investment it is important to analyze Reliance Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Reliance Global's future performance. For an informed investment choice regarding Reliance Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Reliance Global to cross-verify your projections.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Reliance Global. If investors know Reliance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Reliance Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(78.45)
Revenue Per Share
23.34
Quarterly Revenue Growth
0.051
Return On Assets
(0.11)
Return On Equity
(1.99)
The market value of Reliance Global Group is measured differently than its book value, which is the value of Reliance that is recorded on the company's balance sheet. Investors also form their own opinion of Reliance Global's value that differs from its market value or its book value, called intrinsic value, which is Reliance Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Reliance Global's market value can be influenced by many factors that don't directly affect Reliance Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Reliance Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reliance Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reliance Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.