Red Return On Equity from 2010 to 2024

RDVT Stock  USD 36.53  1.52  4.34%   
Red Violet Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Red Violet in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.15710935
Current Value
0.16
Quarterly Volatility
0.49637058
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Red Violet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Red Violet's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 423.8 K or Selling General Administrative of 18.3 M, as well as many indicators such as Price To Sales Ratio of 4.4, Dividend Yield of 0.0 or PTB Ratio of 3.08. Red financial statements analysis is a perfect complement when working with Red Violet Valuation or Volatility modules.
  
Check out the analysis of Red Violet Correlation against competitors.
For more information on how to buy Red Stock please use our How to Invest in Red Violet guide.

Latest Red Violet's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Red Violet over the last few years. Return on Equity is the amount of Red Violet net income returned as a percentage of Red Violet equity. Return on equity measures Red Violet profitability by revealing how much profit Red Violet generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Red Violet's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Red Violet's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.055910 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Red Return On Equity Regression Statistics

Arithmetic Mean(0.53)
Coefficient Of Variation(93.64)
Mean Deviation0.46
Median(0.89)
Standard Deviation0.50
Sample Variance0.25
Range1.3722
R-Value0.84
Mean Square Error0.08
R-Squared0.71
Significance0.00008
Slope0.09
Total Sum of Squares3.45

Red Return On Equity History

2023 0.16
2022 0.008665
2021 0.009434
2020 -0.16
2019 -0.26
2018 -0.19
2017 -1.21

About Red Violet Financial Statements

Red Violet shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Red Violet investors may analyze each financial statement separately, they are all interrelated. The changes in Red Violet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Red Violet's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Equity 0.16  0.16 

Thematic Opportunities

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Additional Tools for Red Stock Analysis

When running Red Violet's price analysis, check to measure Red Violet'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 Red Violet is operating at the current time. Most of Red Violet's value examination focuses on studying past and present price action to predict the probability of Red Violet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Violet's price. Additionally, you may evaluate how the addition of Red Violet to your portfolios can decrease your overall portfolio volatility.