Red Violet Stock Performance
RDVT Stock | USD 18.21 0.07 0.39% |
The company holds a Beta of 1.41, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Red Violet will likely underperform. Red Violet right now holds a risk of 2.14%. Please check Red Violet sortino ratio, as well as the relationship between the semi variance and rate of daily change , to decide if Red Violet will be following its historical price patterns.
Risk-Adjusted Performance
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Over the last 90 days Red Violet has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Red Violet is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Actual Historical Performance (%)
One Day Return 0.39 | Five Day Return (3.85) | Year To Date Return (6.09) | Ten Year Return (60.75) | All Time Return (60.75) |
1 | MLS United, LLC Teams up with Leading REALTOR Associations in Mississippi to Provide FOREWARN Services | 01/24/2024 |
2 | Red Violet exotic insider transaction detected | 02/02/2024 |
3 | When Moves Investors should Listen - Stock Traders Daily.com | 03/04/2024 |
4 | Red Violet, Inc. Q4 2023 Earnings Call Transcript | 03/08/2024 |
5 | B.Riley dubs Red Violet a budding force, starts stock with buy rating | 03/26/2024 |
6 | Technical Data - Stock Traders Daily | 04/04/2024 |
7 | Red Violet, Inc.s institutional investors lost 10 percent over the past week but have profited from longer-term gains | 04/16/2024 |
Begin Period Cash Flow | 31.8 M |
Red |
Red Violet Relative Risk vs. Return Landscape
If you would invest 1,833 in Red Violet on January 18, 2024 and sell it today you would lose (12.00) from holding Red Violet or give up 0.65% of portfolio value over 90 days. Red Violet is currently generating 0.0121% in daily expected returns and assumes 2.1435% risk (volatility on return distribution) over the 90 days horizon. In different words, 18% of stocks are less volatile than Red, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
Risk |
Red Violet Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Red Violet's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Red Violet, and traders can use it to determine the average amount a Red Violet's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0056
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Negative Returns | RDVT |
Estimated Market Risk
2.14 actual daily | 18 82% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Red Violet 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 Red Violet by adding Red Violet to a well-diversified portfolio.
Red Violet Fundamentals Growth
Red Stock prices reflect investors' perceptions of the future prospects and financial health of Red Violet, and Red Violet fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Red Stock performance.
Return On Equity | 0.17 | ||||
Return On Asset | 0.0184 | ||||
Profit Margin | 0.22 % | ||||
Operating Margin | (0.06) % | ||||
Current Valuation | 223.84 M | ||||
Shares Outstanding | 13.76 M | ||||
Price To Earning | 156.82 X | ||||
Price To Book | 2.99 X | ||||
Price To Sales | 4.27 X | ||||
Revenue | 60.2 M | ||||
Gross Profit | 41.11 M | ||||
EBITDA | 10.86 M | ||||
Net Income | 13.53 M | ||||
Cash And Equivalents | 32.33 M | ||||
Cash Per Share | 2.36 X | ||||
Total Debt | 2.57 M | ||||
Debt To Equity | 0.02 % | ||||
Current Ratio | 11.17 X | ||||
Book Value Per Share | 6.16 X | ||||
Cash Flow From Operations | 15.07 M | ||||
Earnings Per Share | 0.96 X | ||||
Market Capitalization | 250.64 M | ||||
Total Asset | 92.99 M | ||||
Retained Earnings | (7.87 M) | ||||
Working Capital | 35.4 M | ||||
Current Asset | 9.32 M | ||||
Current Liabilities | 3.89 M | ||||
About Red Violet Performance
To evaluate Red Violet Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Red Violet generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Red Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Red Violet market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Red's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for Next Year | ||
Days Of Inventory On Hand | 0.00 | 0.00 | |
Return On Tangible Assets | 0.25 | 0.27 | |
Return On Capital Employed | 0.03 | 0.03 | |
Return On Assets | 0.15 | 0.15 | |
Return On Equity | 0.16 | 0.16 |
Things to note about Red Violet performance evaluation
Checking the ongoing alerts about Red Violet for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Red Violet help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Red Violet is unlikely to experience financial distress in the next 2 years | |
About 56.0% of the company shares are owned by institutional investors | |
Latest headline from simplywall.st: Red Violet, Inc.s institutional investors lost 10 percent over the past week but have profited from longer-term gains |
- Analyzing Red Violet's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Red Violet's stock is overvalued or undervalued compared to its peers.
- Examining Red Violet's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Red Violet's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Red Violet's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Red Violet's stock. These opinions can provide insight into Red Violet's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Violet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For more information on how to buy Red Stock please use our How to Invest in Red Violet guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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When running Red Violet's price analysis, check to measure Red Violet'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 Red Violet is operating at the current time. Most of Red Violet's value examination focuses on studying past and present price action to predict the probability of Red Violet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Violet's price. Additionally, you may evaluate how the addition of Red Violet to your portfolios can decrease your overall portfolio volatility.
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Is Red Violet'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 Red Violet. If investors know Red 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 Red Violet 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 4.438 | Earnings Share 0.96 | Revenue Per Share 4.308 | Quarterly Revenue Growth 0.152 | Return On Assets 0.0184 |
The market value of Red Violet is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red Violet's value that differs from its market value or its book value, called intrinsic value, which is Red Violet'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 Red Violet's market value can be influenced by many factors that don't directly affect Red Violet'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 Red Violet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Violet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Violet'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.