Raven Story

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RAVN -- USA Stock  

USD 38.62  1.20  3.01%

As many millenniums are trying to avoid industrials space, it makes sense to outline Raven Industries a little further and try to understand its current market patterns. As we have suggested previously, Raven Industries is beginning its slide as institutional investors shift to be more bearish due to the increased sector volatility. The returns on the market and returns on Raven Industries appear somewhat sensitive to each other for the last few months. Conflicting basic indicators of the company may also entail signs of long-standing losses for Raven institutional investors. Raven Industries is scheduled to announce its earnings tomorrow. The upcoming quarterly report is expected on the 22nd of March 2021. The stock is still going through an active downward rally.
Published over three weeks ago
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Will Raven Industries (NASDAQ:RAVN) continue to slide in April?
This firm's average rating is Buy from 2 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Raven Industries market sentiment investors' perception of the future value of Raven. Let us look at a few aspects of Raven technical analysis.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Raven Industries. In general, we focus on analyzing Raven Industries stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Raven Industries's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Raven Industries's intrinsic value. In addition to deriving basic predictive indicators for Raven Industries, we also check how macroeconomic factors affect Raven Industries price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Raven Industries' stock 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. Please use the tools below to analyze the current value of Raven Industries in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Raven Industries. Your research has to be compared to or analyzed against Raven Industries' peers to derive any actionable benefits. When done correctly, Raven Industries' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Raven Industries.

How does Raven Stands against Peers?

Analyzing Raven Industries competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Raven Industries across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out Raven Industries Competition Details

How Raven utilizes its cash?

To perform a cash flow analysis of Raven Industries, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Raven Industries is receiving and how much cash it distributes out in a given period. The Raven Industries cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Raven Industries Net Cash Flow from Operations is quite stable at the moment as compared to the past year. The company's current value of Net Cash Flow from Operations is estimated at 51.54 Million

Acquisition by Sharih Taimur of 4547 shares of Raven Industries subject to Rule 16b-3

Legal trades by Raven Industries insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Raven insider trading alert for grant of restricted stock unit - 2021 by Sharih Taimur, Vice Preisdent & CFO, on 7th of April 2021. This event was filed by Raven Industries Inc with SEC on 2021-04-07. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Closer look at Raven Industries Mean Deviation

Raven Industries has current Mean Deviation of 2.48. The mean deviation of the equity instrument is the first measure of the distances between each value of security historical prices and the mean. It gives us an idea of how spread out from the center the distribution of returns.

Mean Deviation is the average of the absolute values of the differences between price distribution numbers and their mean. Mean deviation of equity instrument with a lot of historical data is a biased estimator because the time horizon used in calculation will always be much smaller than the entire price history of the equity. The mean deviation is typically used as a measure of dispersion for small investment horizon, otherwise standard deviation is a better measure of dispersion.

Mean Deviation 
SUM = Summation notation
RET DEV = Sum of return deviations of Raven Industries
N = Number of calculation points for selected time horizon
Let's now compare Raven Industries Mean Deviation to its closest peers:

Does Raven Industries have anything more to disclose in March?

Maximum drawdown is down to 15.37. It may entail a possible volatility slide. Raven Industries shows above-average downside volatility for the selected time horizon. We advise investors to inspect Raven Industries further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Raven Industries future alpha. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Raven Industries' stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Raven Industries' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Whereas many other companies under the specialty industrial machinery industry are still a bit expensive, Raven Industries may offer a potential longer-term growth to institutional investors. Taking everything into account, as of the 21st of March 2021, we see that Raven Industries almost neglects market trends. The company is overvalued with very low chance of financial distress within the next 24 months. Our ongoing 30 days buy-sell recommendation on the company is Sell.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Raven Industries. Please refer to our Terms of Use for any information regarding our disclosure principles.

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