Runway Growth Finance Stock Probability of Future Stock Price Finishing Over 11.35
| RWAY Stock | USD 10.31 0.11 1.06% |
Runway |
Runway Growth Target Price Odds to finish over 11.35
The tendency of Runway 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 move over $ 11.35 or more in 90 days |
| 10.31 | 90 days | 11.35 | near 1 |
Based on a normal probability distribution, the odds of Runway Growth to move over $ 11.35 or more in 90 days from now is near 1 (This Runway Growth Finance probability density function shows the probability of Runway Stock to fall within a particular range of prices over 90 days) . Probability of Runway Growth Finance price to stay between its current price of $ 10.31 and $ 11.35 at the end of the 90-day period is about 6.68 .
Given the investment horizon of 90 days Runway Growth has a beta of 0.7 indicating as returns on the market go up, Runway Growth average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Runway Growth Finance will be expected to be much smaller as well. Additionally Runway Growth Finance 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. Runway Growth Price Density |
| Price |
Predictive Modules for Runway Growth
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Runway Growth Finance. 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.Runway Growth Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Runway Growth is not an exception. The market had few large corrections towards the Runway Growth'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 Runway Growth Finance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Runway Growth within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.70 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | -0.08 |
Runway Growth 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 Runway Growth for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Runway Growth Finance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Runway Growth is unlikely to experience financial distress in the next 2 years | |
| Runway Growth has a strong financial position based on the latest SEC filings | |
| Latest headline from investing.com: Acquisition by Spreng R David of 8803 shares of Runway Growth at 10.18 subject to Rule 16b-3 |
Runway Growth 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 Runway Stock often depends not only on the future outlook of the current and potential Runway Growth'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. Runway Growth's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 40.5 M | |
| Cash And Short Term Investments | 45 M |
Runway Growth Technical Analysis
Runway Growth's future price can be derived by breaking down and analyzing its technical indicators over time. Runway Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Runway Growth Finance. In general, you should focus on analyzing Runway Stock price patterns and their correlations with different microeconomic environments and drivers.
Runway Growth Predictive Forecast Models
Runway Growth's time-series forecasting models is one of many Runway Growth'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 Runway Growth'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 Runway Growth Finance
Checking the ongoing alerts about Runway Growth for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Runway Growth Finance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Runway Growth is unlikely to experience financial distress in the next 2 years | |
| Runway Growth has a strong financial position based on the latest SEC filings | |
| Latest headline from investing.com: Acquisition by Spreng R David of 8803 shares of Runway Growth at 10.18 subject to Rule 16b-3 |
Additional Tools for Runway Stock Analysis
When running Runway Growth's price analysis, check to measure Runway Growth'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 Runway Growth is operating at the current time. Most of Runway Growth's value examination focuses on studying past and present price action to predict the probability of Runway Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Runway Growth's price. Additionally, you may evaluate how the addition of Runway Growth to your portfolios can decrease your overall portfolio volatility.