Runway Growth Finance Corp. 8.00 percent Notes due 2027 Sees Large Decline in Short Interest
| RWAYZ Stock | 25.19 0.06 0.24% |
Slightly above 54% of Runway Growth's investor base is interested to short. The current sentiment regarding investing in Runway Growth Finance stock implies that many traders are impartial. Runway Growth's investing sentiment can be driven by a variety of factors including economic data, Runway Growth's earnings reports, geopolitical events, and overall market trends.
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Runway Growth Finance Corp. 8.00 percent Notes due 2027 was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 3,900 shares, a drop of 26.4 percent from the September 30th total of 5,300 shares. Based on an average
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Runway Growth Fundamental Analysis
We analyze Runway Growth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Runway Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Runway Growth based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Runway Growth is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Runway Growth Finance Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Runway Growth stock to make a market-neutral strategy. Peer analysis of Runway Growth could also be used in its relative valuation, which is a method of valuing Runway Growth by comparing valuation metrics with similar companies.
Peers
Runway Growth Related Equities
| RILYM | B Riley | 1.07 | ||||
| BWSN | Babcock Wilcox | 0.51 | ||||
| TRINL | TRINL | 0.12 | ||||
| RWAYL | MSCI ACWI | 0.04 | ||||
| HROWL | Harrow Health | 0.20 |
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.