Radware Stock Market Value
| RDWR Stock | USD 23.17 0.01 0.04% |
| Symbol | Radware |
Radware Price To Book Ratio
Is Communications Equipment 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 Radware. If investors know Radware 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 Radware 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 (0.29) | Earnings Share (0.06) | Revenue Per Share 6.379 | Quarterly Revenue Growth 0.128 | Return On Assets (0.02) |
The market value of Radware is measured differently than its book value, which is the value of Radware that is recorded on the company's balance sheet. Investors also form their own opinion of Radware's value that differs from its market value or its book value, called intrinsic value, which is Radware'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 Radware's market value can be influenced by many factors that don't directly affect Radware'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 Radware's value and its price as these two are different measures arrived at by different means. Investors typically determine if Radware is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Radware'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.
Radware '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 Radware'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 Radware.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Radware on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Radware or generate 0.0% return on investment in Radware over 30 days. Radware is related to or competes with Evertec, Consensus Cloud, Global Blue, CSG Systems, Secureworks Corp, NetScout Systems, and Cognyte Software. Radware Ltd., together with its subsidiaries, develops, manufactures, and markets cyber security and application deliver... More
Radware 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 Radware'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 Radware upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 10.31 | |||
| Value At Risk | (2.51) | |||
| Potential Upside | 3.33 |
Radware Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Radware's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Radware's standard deviation. In reality, there are many statistical measures that can use Radware historical prices to predict the future Radware's volatility.| Risk Adjusted Performance | 0.0449 | |||
| Jensen Alpha | 0.0308 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1857 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Radware'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.
Radware Backtested Returns
Currently, Radware is very steady. Radware maintains Sharpe Ratio (i.e., Efficiency) of 0.0482, which implies the firm had a 0.0482% return per unit of risk over the last 3 months. We have found thirty technical indicators for Radware, which you can use to evaluate the volatility of the company. Please check Radware's Coefficient Of Variation of 1971.87, semi deviation of 1.44, and Risk Adjusted Performance of 0.0449 to confirm if the risk estimate we provide is consistent with the expected return of 0.0946%. Radware has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of 0.47, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Radware's returns are expected to increase less than the market. However, during the bear market, the loss of holding Radware is expected to be smaller as well. Radware right now holds a risk of 1.96%. Please check Radware semi variance, and the relationship between the sortino ratio and rate of daily change , to decide if Radware will be following its historical price patterns.
Auto-correlation | -0.34 |
Poor reverse predictability
Radware has poor reverse predictability. Overlapping area represents the amount of predictability between Radware time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Radware price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Radware price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Radware lagged returns against current returns
Autocorrelation, which is Radware 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 Radware's stock expected returns. We can calculate the autocorrelation of Radware returns to help us make a trade decision. For example, suppose you find that Radware 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 |
Radware 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 Radware stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Radware stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Radware stock over time.
Current vs Lagged Prices |
| Timeline |
Radware Lagged Returns
When evaluating Radware's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Radware stock have on its future price. Radware 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, Radware autocorrelation shows the relationship between Radware stock current value and its past values and can show if there is a momentum factor associated with investing in Radware.
Regressed Prices |
| Timeline |
Pair Trading with Radware
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Radware position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Radware will appreciate offsetting losses from the drop in the long position's value.Moving together with Radware Stock
| 0.74 | CSCO | Cisco Systems Aggressive Push | PairCorr |
Moving against Radware Stock
| 0.64 | ICG | Intchains Group | PairCorr |
| 0.52 | ASYS | Amtech Systems Fiscal Year End 12th of December 2024 | PairCorr |
| 0.43 | ACLS | Axcelis Technologies | PairCorr |
| 0.32 | CDW | CDW Corp | PairCorr |
The ability to find closely correlated positions to Radware could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Radware when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Radware - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Radware to buy it.
The correlation of Radware is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Radware moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Radware moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Radware can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Radware Stock Analysis
When running Radware's price analysis, check to measure Radware'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 Radware is operating at the current time. Most of Radware's value examination focuses on studying past and present price action to predict the probability of Radware's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Radware's price. Additionally, you may evaluate how the addition of Radware to your portfolios can decrease your overall portfolio volatility.