Runway Growth Finance Stock Price on November 22, 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 26th 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 0.0294, which implies the firm had a 0.0294% 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 Coefficient Of Variation of 14992.2, risk adjusted performance of 0.008, and Semi Deviation of 1.0 to confirm if the risk estimate we provide is consistent with the expected return of 0.0316%.
  
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 4.77 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.

Sharpe Ratio = 0.0294

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Estimated Market Risk

 1.07
  actual daily
9
91% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Runway Growth 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 Runway Growth by adding it to a well-diversified portfolio.
Price Book
0.7595
Price Sales
2.4511
Wall Street Target Price
11.4375
Earnings Share
1.03
Shares Short
948.3 K

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Runway Growth Valuation on November 22, 2024

It is possible to determine the worth of Runway Growth on a given historical date. On November 22, 2024 Runway was worth 10.2 at the beginning of the trading date compared to the closed value of 10.42. 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
  10.30    10.37    10.23    10.31    282,326  
11/22/2024
  10.20    10.44    10.20    10.42    233,503  
  10.50    10.51    10.30    10.31    299,196  
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Open Value
10.2
10.42
Closing Value
13.42
Upside

Runway Growth Trading Date Momentum on November 22, 2024

On November 25 2024 Runway Growth Finance was traded for  10.31  at the closing time. The top price for the day was 10.51  and the lowest listed price was  10.30 . The trading volume for the day was 299.2 K. The trading history from November 25, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.06% . The trading delta at closing time against the current closing price is 0.77% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding40.5 M38.5 M
Net Income Applicable To Common Shares29 M25.8 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.
A focus of Runway Growth technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Runway Growth trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Runway Growth Period Price Range

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November 26, 2024
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Runway Growth November 26, 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.

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.