Red River Bancshares Stock Price on May 10, 2024
| RRBI Stock | USD 60.05 0.81 1.33% |
Below is the normalized historical share price chart for Red River Bancshares extending back to May 03, 2019. 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 Red River stands at 60.05, as last reported on the 29th of November, with the highest price reaching 61.19 and the lowest price hitting 59.64 during the day.
If you're considering investing in Red Stock, it is important to understand the factors that can impact its price. Red River appears to be very steady, given 3 months investment horizon. Red River Bancshares maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Red River Bancshares, which you can use to evaluate the volatility of the company. Please evaluate Red River's Semi Deviation of 1.47, risk adjusted performance of 0.0991, and Coefficient Of Variation of 823.29 to confirm if our risk estimates are consistent with your expectations.
As of now, Red River's Capital Stock is increasing as compared to previous years. . As of now, Red River's Price To Operating Cash Flows Ratio is decreasing as compared to previous years. The Red River's current Price To Book Ratio is estimated to increase to 1.82, while Price Earnings To Growth Ratio is forecasted to increase to (2.08). Red Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of May 2019 | 200 Day MA 50.242 | 50 Day MA 53.9084 | Beta 0.609 |
Red |
Sharpe Ratio = 0.15
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Estimated Market Risk
| 1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Red River is performing at about 11% 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 Red River by adding it to a well-diversified portfolio.
Price Book 1.2718 | Price Sales 3.8771 | Shares Float 4.7 M | Dividend Share 0.35 | Wall Street Target Price 66.5 |
Red River Valuation on May 10, 2024
It is possible to determine the worth of Red River on a given historical date. On May 10, 2024 Red was worth 47.84 at the beginning of the trading date compared to the closed value of 47.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Red River stock. Still, in general, we apply an absolute valuation method to find Red River'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 Red River where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Red River's related companies.
| Open | High | Low | Close | Volume | |
| 47.31 | 47.81 | 46.83 | 47.81 | 6,000 | |
05/10/2024 | 47.84 | 47.84 | 47.53 | 47.56 | 3,700 |
| 47.49 | 47.80 | 46.97 | 46.97 | 5,400 |
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Red River Trading Date Momentum on May 10, 2024
| On May 13 2024 Red River Bancshares was traded for 46.97 at the closing time. The top price for the day was 47.80 and the lowest listed price was 46.97 . The trading volume for the day was 5.4 K. The trading history from May 13, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.24% . The trading delta at closing time against the current closing price is 0.34% . |
Red River Bancshares Fundamentals Correlations and Trends
By evaluating Red River'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 Red River's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Red financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Red River Stock history
Red River 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 Red is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Red River Bancshares 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 Red River stock prices may prove useful in developing a viable investing in Red River
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 7.2 M | 7.9 M | |
| Net Income Applicable To Common Shares | 42.5 M | 26 M |
Red River Stock Technical Analysis
Red River 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
Red River Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Red River Bancshares 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.
Red River November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Red River stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Red River shares will generate the highest return on investment. By undertsting and applying Red River stock market strength indicators, traders can identify Red River Bancshares entry and exit signals to maximize returns
Red River Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Red River's price direction in advance. Along with the technical and fundamental analysis of Red Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Red 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 | 0.0991 | |||
| Jensen Alpha | 0.0367 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0622 | |||
| Treynor Ratio | 0.138 |
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Complementary Tools for Red Stock analysis
When running Red River's price analysis, check to measure Red River'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 Red River is operating at the current time. Most of Red River's value examination focuses on studying past and present price action to predict the probability of Red River's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red River's price. Additionally, you may evaluate how the addition of Red River to your portfolios can decrease your overall portfolio volatility.
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