Reliance has performance score of 0 on a scale of 0 to 100. The corporation holds Beta of 0.9901 which implies Reliance returns are very sensitive to returns on the market. as market goes up or down, Reliance is expected to follow.. Although it is extremely important to respect Reliance Industries
current trading patterns, it is beter to be realistic about what you can do with the information about equity existing price patterns
. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By analyzing Reliance Industries technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future. Reliance Industries
right now holds risk of 0.0%. Please check Reliance Industries Jensen Alpha
, Maximum Drawdown
and the relationship
between Information Ratio
and Treynor Ratio
to decide if Reliance Industries will be following its historical price patterns
Relative Risk vs. Return Landscape
If you would invest 87,700
in Reliance Industries Limited on April 27, 2015
and sell it today you would earn a total of 0.00
from holding Reliance Industries Limited or generate 0.0%
return on investment over 30
days. Reliance Industries Limited is producing return of less than zero assuming 0.0% volatility of returns over the 30 days investment horizon. Simply put, 0% of all equities have less volatile historical return distribution than Reliance Industries Limited and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Reliance Industries Operating Margin
Based on recorded statements Reliance Industries Limited has Operating Margin of 5.8%. This is much higher than that of the sector, and significantly higher than that of Operating Margin industry, The Operating Margin for all stocks is over 1000% lower than the firm.
A good Operating Margin is required for a company to be able to pay for its fixed costs or pay out its debt which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against firm's competitors.
Over the last 30 days Reliance Industries Limited has generated negative risk-adjusted returns adding no value to investors with long positions.
1 Month Efficiency (a.k Sharpe Ratio)
Based on monthly moving average Reliance is performing at about 0% 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
by adding it to a well-diversified