Redfin Corp Stock Price on November 29, 2024
| RDFN Stock | USD 9.49 0.17 1.76% |
Below is the normalized historical share price chart for Redfin Corp extending back to July 28, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Redfin Corp stands at 9.49, as last reported on the 1st of December, with the highest price reaching 10.05 and the lowest price hitting 9.44 during the day.
If you're considering investing in Redfin Stock, it is important to understand the factors that can impact its price. As of now, Redfin Stock is slightly risky. Redfin Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0283, which implies the firm had a 0.0283% return per unit of risk over the last 3 months. We have found thirty technical indicators for Redfin Corp, which you can use to evaluate the volatility of the company. Please check Redfin Corp's Risk Adjusted Performance of 0.013, coefficient of variation of 17601.88, and Semi Deviation of 4.82 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
At this time, Redfin Corp's Preferred Stock And Other Adjustments is very stable compared to the past year. As of the 1st of December 2024, Stock Based Compensation is likely to grow to about 74.5 M, while Common Stock Shares Outstanding is likely to drop about 94 M. . At this time, Redfin Corp's Price Fair Value is very stable compared to the past year. Redfin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of July 2017 | 200 Day MA 8.0598 | 50 Day MA 10.5261 | Beta 2.696 |
Redfin |
Sharpe Ratio = 0.0283
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Estimated Market Risk
| 5.74 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Redfin Corp is performing at about 2% 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 Redfin Corp by adding it to a well-diversified portfolio.
Price Book 269.8989 | Enterprise Value Ebitda (30.16) | Price Sales 1.1779 | Shares Float 118.7 M | Wall Street Target Price 9.1846 |
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Redfin Corp Valuation on November 29, 2024
It is possible to determine the worth of Redfin Corp on a given historical date. On November 29, 2024 Redfin was worth 9.8 at the beginning of the trading date compared to the closed value of 9.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Redfin Corp stock. Still, in general, we apply an absolute valuation method to find Redfin Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Redfin Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Redfin Corp's related companies.
| Open | High | Low | Close | Volume | |
| 9.88 | 10.03 | 9.50 | 9.66 | 3,512,773 | |
11/29/2024 | 9.80 | 10.05 | 9.44 | 9.49 | 2,837,644 |
| 9.80 | 10.05 | 9.44 | 9.49 | 0.00 |
| Backtest Redfin Corp | | | Redfin Corp History | | | Redfin Corp Valuation | Previous | Next |
Redfin Corp Trading Date Momentum on November 29, 2024
| On December 01 2024 Redfin Corp was traded for 9.49 at the closing time. The top price for the day was 10.05 and the lowest listed price was 9.44 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not cause price change. The trading delta at closing time against the current closing price is 3.27% . |
Redfin Corp Fundamentals Correlations and Trends
By evaluating Redfin Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Redfin Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Redfin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Redfin Corp Stock history
Redfin Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Redfin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Redfin Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Redfin Corp stock prices may prove useful in developing a viable investing in Redfin Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 113.2 M | 94 M | |
| Net Loss | -290.4 M | -275.9 M |
Redfin Corp Quarterly Net Working Capital |
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Redfin Corp Stock Technical Analysis
Redfin Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Redfin Corp Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Redfin Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Redfin Corp December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Redfin Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Redfin Corp shares will generate the highest return on investment. By undertsting and applying Redfin Corp stock market strength indicators, traders can identify Redfin Corp entry and exit signals to maximize returns
Redfin Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Redfin Corp's price direction in advance. Along with the technical and fundamental analysis of Redfin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Redfin to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.013 | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.94) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0131 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Redfin Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Real Estate Management & Development 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 Redfin Corp. If investors know Redfin 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 Redfin Corp 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 3.286 | Earnings Share (1.27) | Revenue Per Share 8.511 | Quarterly Revenue Growth 0.034 | Return On Assets (0.09) |
The market value of Redfin Corp is measured differently than its book value, which is the value of Redfin that is recorded on the company's balance sheet. Investors also form their own opinion of Redfin Corp's value that differs from its market value or its book value, called intrinsic value, which is Redfin Corp'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 Redfin Corp's market value can be influenced by many factors that don't directly affect Redfin Corp'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 Redfin Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Redfin Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Redfin Corp'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.