Radian Group Stock Chance of Future Stock Price Finishing Under 31.88
| RDN Stock | USD 35.47 0.51 1.46% |
Radian |
Radian Target Price Odds to finish below 31.88
The tendency of Radian Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 31.88 or more in 90 days |
| 35.47 | 90 days | 31.88 | near 1 |
Based on a normal probability distribution, the odds of Radian to drop to $ 31.88 or more in 90 days from now is near 1 (This Radian Group probability density function shows the probability of Radian Stock to fall within a particular range of prices over 90 days) . Probability of Radian Group price to stay between $ 31.88 and its current price of $35.47 at the end of the 90-day period is about 82.62 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.07 indicating Radian Group market returns are highly reactive to returns on the market. As the market goes up or down, Radian is expected to follow. Additionally Radian Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Radian Price Density |
| Price |
Predictive Modules for Radian
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Radian Group. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Radian's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Radian Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Radian is not an exception. The market had few large corrections towards the Radian's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Radian Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Radian within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 1.07 | |
σ | Overall volatility | 0.87 | |
Ir | Information ratio | -0.06 |
Radian Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Radian for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Radian Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Radian Group has a strong financial position based on the latest SEC filings | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: EG Stock Lags Industry Year to Date Should Investors Hold or Fold |
Radian Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Radian Stock often depends not only on the future outlook of the current and potential Radian's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Radian's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 160.1 M | |
| Cash And Short Term Investments | 19 M |
Radian Technical Analysis
Radian's future price can be derived by breaking down and analyzing its technical indicators over time. Radian Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Radian Group. In general, you should focus on analyzing Radian Stock price patterns and their correlations with different microeconomic environments and drivers.
Radian Predictive Forecast Models
Radian's time-series forecasting models is one of many Radian's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Radian's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Radian Group
Checking the ongoing alerts about Radian for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Radian Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Radian Group has a strong financial position based on the latest SEC filings | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: EG Stock Lags Industry Year to Date Should Investors Hold or Fold |
Check out Radian Backtesting, Radian Valuation, Radian Correlation, Radian Hype Analysis, Radian Volatility, Radian History as well as Radian Performance. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Commercial & Residential Mortgage Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Radian. If investors know Radian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Radian listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.01 | Dividend Share 0.96 | Earnings Share 3.86 | Revenue Per Share 8.473 | Quarterly Revenue Growth 0.068 |
The market value of Radian Group is measured differently than its book value, which is the value of Radian that is recorded on the company's balance sheet. Investors also form their own opinion of Radian's value that differs from its market value or its book value, called intrinsic value, which is Radian's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Radian's market value can be influenced by many factors that don't directly affect Radian's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Radian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Radian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Radian's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.