Runway Growth Finance Stock Price on August 26, 2024
RWAY Stock | USD 10.31 0.11 1.06% |
If you're considering investing in Runway Stock, it is important to understand the factors that can impact its price. As of today, the current price of Runway Growth stands at 10.31, as last reported on the 25th of November, with the highest price reaching 10.51 and the lowest price hitting 10.30 during the day. At this stage we consider Runway Stock to be very steady. Runway Growth Finance maintains Sharpe Ratio (i.e., Efficiency) of 0.0178, which implies the firm had a 0.0178% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Runway Growth Finance, which you can use to evaluate the volatility of the company. Please check Runway Growth's Risk Adjusted Performance of 0.032, coefficient of variation of 2641.55, and Semi Deviation of 0.9825 to confirm if the risk estimate we provide is consistent with the expected return of 0.0194%.
Total Stockholder Equity is likely to drop to about 519.7 M in 2024. Liabilities And Stockholders Equity is likely to drop to about 1 B in 2024. At this time, Runway Growth's Price Earnings Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to rise to 9.49 in 2024, whereas Price To Sales Ratio is likely to drop 3.33 in 2024. Runway Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Runway |
Sharpe Ratio = 0.0178
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | RWAY |
Estimated Market Risk
1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
0.02 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 Runway Growth 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 Runway Growth by adding it to a well-diversified portfolio.
Price Book 0.7676 | Price Sales 2.4773 | Wall Street Target Price 11.4375 | Earnings Share 1.03 | Shares Short 948.3 K |
Runway Growth Main Headline on 26th of August 2024
Runway Growth Finance dividend paid on 26th of August 2024 |
Runway Growth Valuation on August 26, 2024
It is possible to determine the worth of Runway Growth on a given historical date. On August 26, 2024 Runway was worth 10.36 at the beginning of the trading date compared to the closed value of 10.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Runway Growth stock. Still, in general, we apply an absolute valuation method to find Runway Growth'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 Runway Growth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Runway Growth's related companies.
Open | High | Low | Close | Volume | |
10.17 | 10.41 | 10.17 | 10.30 | 255,800 | |
08/26/2024 | 10.36 | 10.48 | 10.28 | 10.29 | 293,300 |
10.32 | 10.39 | 10.28 | 10.33 | 149,700 |
Backtest Runway Growth | | | Runway Growth History | | | Runway Growth Valuation | Previous | Next |
Runway Growth Trading Date Momentum on August 26, 2024
On August 27 2024 Runway Growth Finance was traded for 10.33 at the closing time. The top price for the day was 10.39 and the lowest listed price was 10.28 . The trading volume for the day was 149.7 K. The trading history from August 27, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.39% . The trading delta at closing time against the current closing price is 1.36% . |
Runway Growth Finance Fundamentals Correlations and Trends
By evaluating Runway Growth'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 Runway Growth's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Runway financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Runway Growth Stock history
Runway Growth 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 Runway is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Runway Growth Finance 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 Runway Growth stock prices may prove useful in developing a viable investing in Runway Growth
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 40.5 M | 38.5 M | |
Net Income Applicable To Common Shares | 29 M | 25.8 M |
Runway Growth Stock Technical Analysis
Runway Growth 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
Runway Growth Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Runway Growth Finance 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.
Runway Growth November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Runway Growth stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Runway Growth shares will generate the highest return on investment. By undertsting and applying Runway Growth stock market strength indicators, traders can identify Runway Growth Finance entry and exit signals to maximize returns
Runway Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Runway Growth's price direction in advance. Along with the technical and fundamental analysis of Runway Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Runway 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 | 0.032 | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.14) | |||
Sortino Ratio | (0.09) | |||
Treynor Ratio | 0.0444 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.