Reliance Worldwide (Australia) Price on October 24, 2024
| RWC Stock | 5.48 0.05 0.90% |
Below is the normalized historical share price chart for Reliance Worldwide extending back to April 29, 2016. 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 Worldwide stands at 5.48, as last reported on the 29th of November, with the highest price reaching 5.56 and the lowest price hitting 5.48 during the day.
If you're considering investing in Reliance Stock, it is important to understand the factors that can impact its price. Currently, Reliance Worldwide is somewhat reliable. Reliance Worldwide maintains Sharpe Ratio (i.e., Efficiency) of 0.0188, which implies the firm had a 0.0188% return per unit of risk over the last 3 months. We have found thirty technical indicators for Reliance Worldwide, which you can use to evaluate the volatility of the company. Please check Reliance Worldwide's Risk Adjusted Performance of 0.0441, semi deviation of 1.45, and Coefficient Of Variation of 1953.48 to confirm if the risk estimate we provide is consistent with the expected return of 0.0276%.
At this time, Reliance Worldwide's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 805.4 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 2.1 B in 2024. . Reliance Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 5.2204 | 50 Day MA 5.548 | Beta 1.073 |
Reliance |
Sharpe Ratio = 0.0188
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Estimated Market Risk
| 1.47 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Reliance Worldwide is performing at about 1% 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 Worldwide by adding it to a well-diversified portfolio.
Price Book 2.1893 | Enterprise Value Ebitda 13.5548 | Price Sales 3.3944 | Shares Float 756.9 M | Dividend Share 0.048 |
Reliance Worldwide Valuation on October 24, 2024
It is possible to determine the worth of Reliance Worldwide on a given historical date. On October 24, 2024 Reliance was worth 5.74 at the beginning of the trading date compared to the closed value of 5.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Reliance Worldwide stock. Still, in general, we apply an absolute valuation method to find Reliance Worldwide'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 Worldwide where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Reliance Worldwide's related companies.
| Open | High | Low | Close | Volume | |
| 5.71 | 5.83 | 5.68 | 5.71 | 1,586,707 | |
10/24/2024 | 5.74 | 5.74 | 5.57 | 5.58 | 2,498,925 |
| 5.67 | 5.67 | 5.32 | 5.32 | 1,393,013 |
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Reliance Worldwide Trading Date Momentum on October 24, 2024
| On October 25 2024 Reliance Worldwide was traded for 5.32 at the closing time. The maximum traded price for the trading interval was 5.67 and the lowest daily price was 5.32 . The daily volume was recorded at 1.4 M. The volume of trading on 25th of October 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 4.66% . The trading delta at closing time to the closing price today is 9.14% . |
Reliance Worldwide Fundamentals Correlations and Trends
By evaluating Reliance Worldwide'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 Worldwide'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 Worldwide Stock history
Reliance Worldwide 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 Worldwide 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 Worldwide stock prices may prove useful in developing a viable investing in Reliance Worldwide
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 788.6 M | 805.4 M | |
| Net Income Applicable To Common Shares | 160.6 M | 98.4 M |
Reliance Worldwide Quarterly Net Working Capital |
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Reliance Worldwide Stock Technical Analysis
Reliance Worldwide 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 Worldwide Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Reliance Worldwide cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Reliance Worldwide November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Reliance Worldwide 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 Worldwide shares will generate the highest return on investment. By undertsting and applying Reliance Worldwide stock market strength indicators, traders can identify Reliance Worldwide entry and exit signals to maximize returns
Reliance Worldwide Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Reliance Worldwide'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 | 0.0441 | |||
| Jensen Alpha | 6.0E-4 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1164 |
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Additional Tools for Reliance Stock Analysis
When running Reliance Worldwide's price analysis, check to measure Reliance Worldwide'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 Worldwide is operating at the current time. Most of Reliance Worldwide's value examination focuses on studying past and present price action to predict the probability of Reliance Worldwide'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 Worldwide's price. Additionally, you may evaluate how the addition of Reliance Worldwide to your portfolios can decrease your overall portfolio volatility.