Ready Capital Corp Stock Market Value
| RC Stock | USD 7.25 0.05 0.69% |
| Symbol | Ready |
Ready Capital Corp Price To Book Ratio
Is Mortgage Real Estate Investment Trusts (REITs) 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 Ready Capital. If investors know Ready 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 Ready Capital 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 3.053 | Dividend Share 1.15 | Earnings Share (0.72) | Revenue Per Share 0.76 | Quarterly Revenue Growth (0.81) |
The market value of Ready Capital Corp is measured differently than its book value, which is the value of Ready that is recorded on the company's balance sheet. Investors also form their own opinion of Ready Capital's value that differs from its market value or its book value, called intrinsic value, which is Ready Capital'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 Ready Capital's market value can be influenced by many factors that don't directly affect Ready Capital'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 Ready Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ready Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ready Capital'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.
Ready Capital 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Ready Capital's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Ready Capital.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Ready Capital on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Ready Capital Corp or generate 0.0% return on investment in Ready Capital over 30 days. Ready Capital is related to or competes with Ellington Residential, Ellington Financial, Dynex Capital, Orchid Island, Chimera Investment, ARMOUR Residential, and Invesco Mortgage. Ready Capital Corporation operates as a real estate finance company in the United States More
Ready Capital Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Ready Capital's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Ready Capital Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 8.18 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 2.95 |
Ready Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ready Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ready Capital's standard deviation. In reality, there are many statistical measures that can use Ready Capital historical prices to predict the future Ready Capital's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (0.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ready Capital's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ready Capital Corp Backtested Returns
Ready Capital Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.1, which implies the firm had a -0.1% return per unit of risk over the last 3 months. Ready Capital Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ready Capital's Risk Adjusted Performance of (0.08), coefficient of variation of (932.68), and Variance of 2.8 to confirm the risk estimate we provide. The company holds a Beta of 1.06, which implies a somewhat significant risk relative to the market. Ready Capital returns are very sensitive to returns on the market. As the market goes up or down, Ready Capital is expected to follow. At this point, Ready Capital Corp has a negative expected return of -0.18%. Please make sure to check Ready Capital's potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if Ready Capital Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.09 |
Very weak reverse predictability
Ready Capital Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between Ready Capital time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ready Capital Corp price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Ready Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Ready Capital Corp lagged returns against current returns
Autocorrelation, which is Ready Capital stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Ready Capital's stock expected returns. We can calculate the autocorrelation of Ready Capital returns to help us make a trade decision. For example, suppose you find that Ready Capital has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Ready Capital regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Ready Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ready Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ready Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Ready Capital Lagged Returns
When evaluating Ready Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ready Capital stock have on its future price. Ready Capital autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Ready Capital autocorrelation shows the relationship between Ready Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Ready Capital Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Ready Capital Correlation, Ready Capital Volatility and Ready Capital Alpha and Beta module to complement your research on Ready Capital. For information on how to trade Ready Stock refer to our How to Trade Ready Stock guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Ready Capital 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.