Reliance Worldwide (Australia) Performance
| RWC Stock | 5.48 0.05 0.90% |
Reliance Worldwide has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 0.57, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Reliance Worldwide's returns are expected to increase less than the market. However, during the bear market, the loss of holding Reliance Worldwide is expected to be smaller as well. Reliance Worldwide right now holds a risk of 1.47%. Please check Reliance Worldwide sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Reliance Worldwide will be following its historical price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Reliance Worldwide are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable fundamental indicators, Reliance Worldwide is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Forward Dividend Yield 0.0132 | Payout Ratio 0.5189 | Forward Dividend Rate 0.07 | Ex Dividend Date 2024-09-05 |
1 | Reliance Worldwide Advances Share Buy-Back - TipRanks | 09/23/2024 |
2 | Investors Met With Slowing Returns on Capital At Reliance Worldwide - Yahoo Finance | 11/04/2024 |
| Begin Period Cash Flow | 16.6 M |
Reliance |
Reliance Worldwide Relative Risk vs. Return Landscape
If you would invest 542.00 in Reliance Worldwide on August 31, 2024 and sell it today you would earn a total of 6.00 from holding Reliance Worldwide or generate 1.11% return on investment over 90 days. Reliance Worldwide is generating 0.0276% of daily returns assuming 1.4666% volatility of returns over the 90 days investment horizon. Simply put, 13% of all stocks have less volatile historical return distribution than Reliance Worldwide, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Reliance Worldwide Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reliance Worldwide's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Reliance Worldwide, and traders can use it to determine the average amount a Reliance Worldwide'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 = 0.0188
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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.
Reliance Worldwide Fundamentals Growth
Reliance Stock prices reflect investors' perceptions of the future prospects and financial health of Reliance Worldwide, and Reliance Worldwide fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Reliance Stock performance.
| Return On Equity | 0.0883 | ||||
| Return On Asset | 0.0606 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.18 % | ||||
| Current Valuation | 5.11 B | ||||
| Shares Outstanding | 780.17 M | ||||
| Price To Book | 2.19 X | ||||
| Price To Sales | 3.39 X | ||||
| Revenue | 1.87 B | ||||
| Gross Profit | 479.81 M | ||||
| EBITDA | 244.11 M | ||||
| Net Income | 168.09 M | ||||
| Cash And Equivalents | 16.62 M | ||||
| Total Debt | 560.81 M | ||||
| Book Value Per Share | 1.62 X | ||||
| Cash Flow From Operations | 379.19 M | ||||
| Earnings Per Share | 0.22 X | ||||
| Total Asset | 2.14 B | ||||
| Retained Earnings | (642.99 M) | ||||
About Reliance Worldwide Performance
Assessing Reliance Worldwide's fundamental ratios provides investors with valuable insights into Reliance Worldwide's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Reliance Worldwide is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Reliance Worldwide is entity of Australia. It is traded as Stock on AU exchange.Things to note about Reliance Worldwide performance evaluation
Checking the ongoing alerts about Reliance Worldwide for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Reliance Worldwide help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Reliance Worldwide is unlikely to experience financial distress in the next 2 years | |
| About 65.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Investors Met With Slowing Returns on Capital At Reliance Worldwide - Yahoo Finance |
- Analyzing Reliance Worldwide'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 Worldwide's stock is overvalued or undervalued compared to its peers.
- Examining Reliance Worldwide'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 Worldwide's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Reliance Worldwide's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Reliance Worldwide's stock. These opinions can provide insight into Reliance Worldwide's potential for growth and whether the stock is currently undervalued or overvalued.
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.