Radian Group Stock Price on October 22, 2024
| RDN Stock | USD 35.79 0.25 0.70% |
Below is the normalized historical share price chart for Radian Group extending back to October 30, 1992. 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 Radian stands at 35.79, as last reported on the 29th of November, with the highest price reaching 35.97 and the lowest price hitting 35.49 during the day.
If you're considering investing in Radian Stock, it is important to understand the factors that can impact its price. As of now, Radian Stock is very steady. Radian Group maintains Sharpe Ratio (i.e., Efficiency) of 0.0181, which implies the firm had a 0.0181% 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 8392.17, semi deviation of 2.25, and Risk Adjusted Performance of 0.0152 to confirm if the risk estimate we provide is consistent with the expected return of 0.0355%.
As of the 29th of November 2024, Stock Based Compensation is likely to grow to about 43.2 M, while Total Stockholder Equity is likely to drop about 2.4 B. . At this time, Radian's Price Fair Value is very stable compared to the past year. Radian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of October 1992 | 200 Day MA 32.6839 | 50 Day MA 34.4378 | Beta 1.041 |
Radian |
Sharpe Ratio = 0.0181
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| Negative Returns | RDN |
Estimated Market Risk
| 1.97 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Radian is performing at about 1% 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 Radian by adding it to a well-diversified portfolio.
Price Book 1.1265 | Price Sales 4.062 | Shares Float 147.3 M | Dividend Share 0.96 | Wall Street Target Price 35.9286 |
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Essent Headline on 22nd of October 2024
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Radian Valuation on October 22, 2024
It is possible to determine the worth of Radian on a given historical date. On October 22, 2024 Radian was worth 33.89 at the beginning of the trading date compared to the closed value of 34.11. 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 | |
| 34.98 | 35.03 | 33.95 | 34.00 | 951,400 | |
10/22/2024 | 33.89 | 34.20 | 33.82 | 34.11 | 819,900 |
| 33.88 | 34.13 | 33.57 | 34.05 | 532,500 |
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Radian Trading Date Momentum on October 22, 2024
| On October 23 2024 Radian Group was traded for 34.05 at the closing time. Highest Radian's price during the trading hours was 34.13 and the lowest price during the day was 33.57 . The net volume was 532.5 K. The overall trading history on the 23rd of October contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.18% . The trading delta at closing time to current price is 1.17% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 160.1 M | 134.8 M | |
| Net Income Applicable To Common Shares | 854.4 M | 427.2 M |
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 | November 29, 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 November 29, 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 | 0.0152 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0124 |
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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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.