Radian Group Stock Price on August 12, 2024
| RDN Stock | USD 35.74 0.05 0.14% |
If you're considering investing in Radian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Radian stands at 35.74, as last reported on the 3rd of December, with the highest price reaching 36.03 and the lowest price hitting 35.42 during the day. As of now, Radian Stock is very steady. Radian Group maintains Sharpe Ratio (i.e., Efficiency) of 0.0074, which implies the firm had a 0.0074% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Radian Group, which you can use to evaluate the volatility of the company. Please check Radian's Coefficient Of Variation of 13510.37, risk adjusted performance of 0.0118, and Semi Deviation of 2.24 to confirm if the risk estimate we provide is consistent with the expected return of 0.0146%.
Radian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Radian |
Sharpe Ratio = 0.0074
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Estimated Market Risk
| 1.98 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Radian is not performing at its full potential. However, 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 Radian by adding Radian to a well-diversified portfolio.
Radian Valuation on August 12, 2024
It is possible to determine the worth of Radian on a given historical date. On August 12, 2024 Radian was worth 33.74 at the beginning of the trading date compared to the closed value of 32.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Radian stock. Still, in general, we apply an absolute valuation method to find Radian'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 Radian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Radian's related companies.
| Open | High | Low | Close | Volume | |
| 33.66 | 33.91 | 33.61 | 33.86 | 540,800 | |
08/12/2024 | 33.74 | 33.77 | 32.77 | 32.85 | 1,209,100 |
| 33.15 | 33.53 | 33.05 | 33.43 | 649,300 |
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Radian Trading Date Momentum on August 12, 2024
| On August 13 2024 Radian Group was traded for 33.43 at the closing time. Highest Radian's price during the trading hours was 33.53 and the lowest price during the day was 33.05 . The net volume was 649.3 K. The overall trading history on the 13th of August 2024 contributed to the next trading period price boost. The trading delta at closing time to the next next day price was 1.77% . The trading delta at closing time to current price is 5.51% . |
Radian Group Fundamentals Correlations and Trends
By evaluating Radian'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 Radian's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Radian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Radian Stock history
Radian 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 Radian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Radian Group 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 Radian stock prices may prove useful in developing a viable investing in Radian
Radian Group Inc., together with its subsidiaries, engages in the mortgage and real estate services business in the United States. The company was founded in 1977 and is headquartered in Wayne, Pennsylvania. Radian operates under InsuranceSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 1800 people.
Radian Stock Technical Analysis
Radian 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
Radian Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Radian Group cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Radian December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Radian stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Radian shares will generate the highest return on investment. By undertsting and applying Radian stock market strength indicators, traders can identify Radian Group entry and exit signals to maximize returns
Radian Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Radian's price direction in advance. Along with the technical and fundamental analysis of Radian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Radian 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 | 0.0118 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0045 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Radian Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.
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.