Redfin Days Of Inventory On Hand from 2010 to 2024

RDFN Stock  USD 5.51  0.11  1.96%   
Redfin Corp Days Of Inventory On Hand yearly trend continues to be very stable with very little volatility. Days Of Inventory On Hand is likely to grow to -2.47 this year. During the period from 2010 to 2024, Redfin Corp Days Of Inventory On Hand quarterly data regression pattern had sample variance of  405.98 and median of  26.50. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
(2.60)
Current Value
(2.47)
Quarterly Volatility
20.14896595
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Redfin Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Redfin main balance sheet or income statement drivers, such as Depreciation And Amortization of 83 M, Interest Expense of 7.8 M or Selling General Administrative of 120.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.14, Dividend Yield of 1.0E-4 or PTB Ratio of 28.71. Redfin financial statements analysis is a perfect complement when working with Redfin Corp Valuation or Volatility modules.
  
This module can also supplement Redfin Corp's financial leverage analysis and stock options assessment as well as various Redfin Corp Technical models . Check out the analysis of Redfin Corp Correlation against competitors.
To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.

Latest Redfin Corp's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Redfin Corp over the last few years. It is Redfin Corp's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Redfin Corp's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Very volatile
   Days Of Inventory On Hand   
       Timeline  

Redfin Days Of Inventory On Hand Regression Statistics

Arithmetic Mean26.06
Geometric Mean20.12
Coefficient Of Variation77.32
Mean Deviation10.78
Median26.50
Standard Deviation20.15
Sample Variance405.98
Range88.6756
R-Value(0.1)
Mean Square Error432.89
R-Squared0.01
Significance0.72
Slope(0.45)
Total Sum of Squares5,684

Redfin Days Of Inventory On Hand History

2024 -2.47
2023 -2.6
2022 20.87
2021 86.08
2020 27.44
2019 42.83
2018 22.54

About Redfin Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Redfin Corp income statement, its balance sheet, and the statement of cash flows. Redfin Corp investors use historical funamental indicators, such as Redfin Corp's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Redfin Corp investors may use each financial statement separately, they are all related. The changes in Redfin Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Redfin Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Redfin Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Redfin Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand(2.60)(2.47)

Redfin Corp Investors Sentiment

The influence of Redfin Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Redfin. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Redfin Corp's public news can be used to forecast risks associated with an investment in Redfin. The trend in average sentiment can be used to explain how an investor holding Redfin can time the market purely based on public headlines and social activities around Redfin Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Redfin Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Redfin Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Redfin Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Redfin Corp.

Redfin Corp Implied Volatility

    
  106.01  
Redfin Corp's implied volatility exposes the market's sentiment of Redfin Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Redfin Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Redfin Corp stock will not fluctuate a lot when Redfin Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Redfin Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Redfin Corp's short interest history, or implied volatility extrapolated from Redfin Corp options trading.

Currently Active Assets on Macroaxis

When determining whether Redfin Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Redfin Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Redfin Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Redfin Corp Stock:
Check out the analysis of Redfin Corp Correlation against competitors.
To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.
Note that the Redfin Corp information on this page should be used as a complementary analysis to other Redfin Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for Redfin Stock analysis

When running Redfin Corp's price analysis, check to measure Redfin Corp'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 Redfin Corp is operating at the current time. Most of Redfin Corp's value examination focuses on studying past and present price action to predict the probability of Redfin Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Redfin Corp's price. Additionally, you may evaluate how the addition of Redfin Corp to your portfolios can decrease your overall portfolio volatility.
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Is Redfin Corp's industry 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 Redfin Corp. If investors know Redfin 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 Redfin Corp 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
3.286
Earnings Share
(1.13)
Revenue Per Share
8.631
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.1)
The market value of Redfin Corp is measured differently than its book value, which is the value of Redfin that is recorded on the company's balance sheet. Investors also form their own opinion of Redfin Corp's value that differs from its market value or its book value, called intrinsic value, which is Redfin Corp'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 Redfin Corp's market value can be influenced by many factors that don't directly affect Redfin Corp'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 Redfin Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Redfin Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Redfin Corp'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.