Reliance Worldwide Stock Market Value
| RLLWF Stock | USD 2.49 0.00 0.00% |
| Symbol | Reliance |
Reliance WorldwideLimited 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Reliance WorldwideLimited's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Reliance WorldwideLimited.
| 11/29/2025 |
| 12/29/2025 |
If you would invest 0.00 in Reliance WorldwideLimited on November 29, 2025 and sell it all today you would earn a total of 0.00 from holding Reliance Worldwide or generate 0.0% return on investment in Reliance WorldwideLimited over 30 days. Reliance WorldwideLimited is related to or competes with Zhuzhou CRRC, Oesterreichische, Técnicas Reunidas, ComfortdelgroLtd, Chiyoda Corp, and Shenzhen International. Reliance Worldwide Corporation Limited, together with its subsidiaries, engages in the design, manufacture, and supply o... More
Reliance WorldwideLimited Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Reliance WorldwideLimited's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Reliance Worldwide upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 23.45 | |||
| Value At Risk | (6.04) | |||
| Potential Upside | 2.45 |
Reliance WorldwideLimited Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reliance WorldwideLimited's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Reliance WorldwideLimited's standard deviation. In reality, there are many statistical measures that can use Reliance WorldwideLimited historical prices to predict the future Reliance WorldwideLimited's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | 0.2125 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Reliance WorldwideLimited's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Reliance WorldwideLimited Backtested Returns
Reliance WorldwideLimited maintains Sharpe Ratio (i.e., Efficiency) of -0.0194, which implies the firm had a -0.0194 % return per unit of risk over the last 3 months. Reliance WorldwideLimited exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Reliance WorldwideLimited's Variance of 10.29, risk adjusted performance of (0.01), and Coefficient Of Variation of (5,205) to confirm the risk estimate we provide. The company holds a Beta of -0.34, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Reliance WorldwideLimited are expected to decrease at a much lower rate. During the bear market, Reliance WorldwideLimited is likely to outperform the market. At this point, Reliance WorldwideLimited has a negative expected return of -0.0626%. Please make sure to check Reliance WorldwideLimited's information ratio, skewness, as well as the relationship between the Skewness and relative strength index , to decide if Reliance WorldwideLimited performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Reliance Worldwide has no correlation between past and present. Overlapping area represents the amount of predictability between Reliance WorldwideLimited time series from 29th of November 2025 to 14th of December 2025 and 14th of December 2025 to 29th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Reliance WorldwideLimited price movement. The serial correlation of 0.0 indicates that just 0.0% of current Reliance WorldwideLimited price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Reliance WorldwideLimited lagged returns against current returns
Autocorrelation, which is Reliance WorldwideLimited pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Reliance WorldwideLimited's pink sheet expected returns. We can calculate the autocorrelation of Reliance WorldwideLimited returns to help us make a trade decision. For example, suppose you find that Reliance WorldwideLimited has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Reliance WorldwideLimited regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Reliance WorldwideLimited pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Reliance WorldwideLimited pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Reliance WorldwideLimited pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Reliance WorldwideLimited Lagged Returns
When evaluating Reliance WorldwideLimited's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Reliance WorldwideLimited pink sheet have on its future price. Reliance WorldwideLimited autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Reliance WorldwideLimited autocorrelation shows the relationship between Reliance WorldwideLimited pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Reliance Worldwide.
Regressed Prices |
| Timeline |
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Other Information on Investing in Reliance Pink Sheet
Reliance WorldwideLimited financial ratios help investors to determine whether Reliance Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Reliance with respect to the benefits of owning Reliance WorldwideLimited security.