Reliance Weaving (Pakistan) Performance
| REWM Stock | 147.75 1.15 0.77% |
On a scale of 0 to 100, Reliance Weaving holds a performance score of 17. The company holds a Beta of 0.34, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Reliance Weaving's returns are expected to increase less than the market. However, during the bear market, the loss of holding Reliance Weaving is expected to be smaller as well. Please check Reliance Weaving's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Reliance Weaving's historical price patterns will revert.
Risk-Adjusted Performance
17 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Reliance Weaving Mills are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Reliance Weaving sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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Reliance Weaving Relative Risk vs. Return Landscape
If you would invest 8,996 in Reliance Weaving Mills on November 2, 2024 and sell it today you would earn a total of 5,779 from holding Reliance Weaving Mills or generate 64.24% return on investment over 90 days. Reliance Weaving Mills is generating 0.9227% of daily returns and assumes 4.0383% volatility on return distribution over the 90 days horizon. Simply put, 35% of stocks are less volatile than Reliance, and 82% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Reliance Weaving Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reliance Weaving's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Reliance Weaving Mills, and traders can use it to determine the average amount a Reliance Weaving's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2285
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Estimated Market Risk
| 4.04 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.92 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Reliance Weaving is performing at about 17% 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 Weaving by adding it to a well-diversified portfolio.
About Reliance Weaving Performance
By analyzing Reliance Weaving's fundamental ratios, stakeholders can gain valuable insights into Reliance Weaving's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Reliance Weaving has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Reliance Weaving has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Reliance Weaving Mills performance evaluation
Checking the ongoing alerts about Reliance Weaving for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Reliance Weaving Mills help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Reliance Weaving appears to be risky and price may revert if volatility continues |
- Analyzing Reliance Weaving's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Reliance Weaving's stock is overvalued or undervalued compared to its peers.
- Examining Reliance Weaving's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Reliance Weaving's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Reliance Weaving's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Reliance Weaving's stock. These opinions can provide insight into Reliance Weaving's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Reliance Stock analysis
When running Reliance Weaving's price analysis, check to measure Reliance Weaving'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 Weaving is operating at the current time. Most of Reliance Weaving's value examination focuses on studying past and present price action to predict the probability of Reliance Weaving'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 Weaving's price. Additionally, you may evaluate how the addition of Reliance Weaving to your portfolios can decrease your overall portfolio volatility.
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