Radiant Logistics Stock Price on December 31, 2023
| RLGT Stock | USD 5.24 0.06 1.13% |
Below is the normalized historical share price chart for Radiant Logistics extending back to December 30, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Radiant Logistics stands at 5.24, as last reported on the 5th of June, with the highest price reaching 5.33 and the lowest price hitting 5.23 during the day.
If you're considering investing in Radiant Stock, it is important to understand the factors that can impact its price. Radiant Logistics maintains Sharpe Ratio (i.e., Efficiency) of -0.0433, which implies the firm had a -0.0433% return per unit of risk over the last 3 months. Radiant Logistics exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Radiant Logistics' Risk Adjusted Performance of (0.03), variance of 2.9, and Coefficient Of Variation of (1,577) to confirm the risk estimate we provide.
At this time, Radiant Logistics' Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 600.6 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 23.1 K in 2024. . At this time, Radiant Logistics' Price Book Value Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 549.44 in 2024, whereas Price Earnings To Growth Ratio is likely to drop (0.28) in 2024. Radiant Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of November 2006 | 200 Day MA 5.8643 | 50 Day MA 5.1742 | Beta 0.798 |
Radiant |
Sharpe Ratio = -0.0433
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RLGT |
Estimated Market Risk
| 1.73 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Radiant Logistics is not performing at its full potential. However, 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 Radiant Logistics by adding Radiant Logistics to a well-diversified portfolio.
Price Book 1.1794 | Enterprise Value Ebitda 7.6372 | Price Sales 0.2747 | Shares Float 43.7 M | Wall Street Target Price 9.38 |
Radiant Logistics Valuation on December 31, 2023
It is possible to determine the worth of Radiant Logistics on a given historical date. On December 31, 2023 Radiant was worth 6.82 at the beginning of the trading date compared to the closed value of 6.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Radiant Logistics stock. Still, in general, we apply an absolute valuation method to find Radiant Logistics' 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 Radiant Logistics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Radiant Logistics' related companies.
| Open | High | Low | Close | Volume | |
| 6.85 | 6.87 | 6.71 | 6.78 | 97,451 | |
12/29/2023 | 6.82 | 6.87 | 6.63 | 6.64 | 98,476 |
| 6.63 | 6.66 | 6.50 | 6.55 | 62,859 |
| Backtest Radiant Logistics | | | Radiant Logistics History | | | Radiant Logistics Valuation | Previous | Next |
Radiant Logistics Trading Date Momentum on December 31, 2023
| On January 02 2024 Radiant Logistics was traded for 6.55 at the closing time. The top price for the day was 6.66 and the lowest listed price was 6.50 . The trading volume for the day was 62.9 K. The trading history from January 2, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.36% . The trading delta at closing time against the current closing price is 3.01% . |
Radiant Logistics Fundamentals Correlations and Trends
By evaluating Radiant Logistics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Radiant Logistics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Radiant financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Radiant Logistics Stock history
Radiant Logistics 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 Radiant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Radiant Logistics 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 Radiant Logistics stock prices may prove useful in developing a viable investing in Radiant Logistics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 58.3 M | 44.3 M | |
| Net Income Applicable To Common Shares | 23.7 M | 24.9 M |
Radiant Logistics Quarterly Net Working Capital |
|
Radiant Logistics Stock Technical Analysis
Radiant Logistics 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
Radiant Logistics Period Price Range
Low | December 29, 2023
| High |
6.82 | 6.64 |
Radiant Logistics June 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Radiant Logistics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Radiant Logistics shares will generate the highest return on investment. By undertsting and applying Radiant Logistics stock market strength indicators, traders can identify Radiant Logistics entry and exit signals to maximize returns
| Accumulation Distribution | 3440.21 | |||
| Daily Balance Of Power | (0.75) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 6.75 | |||
| Day Typical Price | 6.71 | |||
| Price Action Indicator | (0.20) | |||
| Period Momentum Indicator | (1.40) |
Radiant Logistics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Radiant Logistics' price direction in advance. Along with the technical and fundamental analysis of Radiant Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Radiant 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 | (0.03) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.1) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Radiant Stock Analysis
When running Radiant Logistics' price analysis, check to measure Radiant Logistics' 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 Radiant Logistics is operating at the current time. Most of Radiant Logistics' value examination focuses on studying past and present price action to predict the probability of Radiant Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Radiant Logistics' price. Additionally, you may evaluate how the addition of Radiant Logistics to your portfolios can decrease your overall portfolio volatility.