Reliability captures the influence of error on a measurement and, in the classical setting, is defined as one minus the ratio of the error variance to the total variance. Laenen, Alonso, and Molenberghs (Psychometrika 73:443–448, 2007) proposed an axiomatic definition of reliability and introduced the RT coefficient, a measure of reliability extending the classical approach to a more general longitudinal scenario. The RT coefficient can be interpreted as the average reliability over different time points and can also be calculated for each time point separately. In this paper, we introduce a new and complementary measure, the so-called RΛ, which implies a new way of thinking about reliability. In a longitudinal context, each measurement brings additional knowledge and leads to more reliable information. The RΛ captures this intuitive idea and expresses the reliability of the entire longitudinal sequence, in contrast to an average or occasion-specific measure. We study the measure’s properties using both theoretical arguments and simulations, establish its connections with previous proposals, and elucidate its performance in a real case study.