Redfin Corp Stock Price on November 26, 2024

RDFN Stock  USD 8.35  0.19  2.22%   
Below is the normalized historical share price chart for Redfin Corp extending back to July 28, 2017. 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 Redfin Corp stands at 8.35, as last reported on the 26th of December, with the highest price reaching 8.51 and the lowest price hitting 8.22 during the day.
IPO Date
28th of July 2017
200 Day MA
8.2491
50 Day MA
9.6344
Beta
2.696
 
Covid
If you're considering investing in Redfin Stock, it is important to understand the factors that can impact its price. Redfin Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13% return per unit of risk over the last 3 months. Redfin Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Redfin Corp's Risk Adjusted Performance of (0.09), variance of 19.3, and Coefficient Of Variation of (840.96) to confirm the risk estimate we provide.
  
At this time, Redfin Corp's Preferred Stock And Other Adjustments is very stable compared to the past year. As of the 26th of December 2024, Stock Based Compensation is likely to grow to about 74.5 M, while Common Stock Shares Outstanding is likely to drop about 94 M. . At this time, Redfin Corp's Price Fair Value is very stable compared to the past year. Redfin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1261

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Estimated Market Risk

 4.33
  actual daily
38
62% of assets are more volatile

Expected Return

 -0.55
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Redfin Corp 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 Redfin Corp by adding Redfin Corp to a well-diversified portfolio.
Price Book
269.8989
Enterprise Value Ebitda
(30.16)
Price Sales
1.0182
Shares Float
118.7 M
Wall Street Target Price
9.1846

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Redfin Corp Valuation on November 26, 2024

It is possible to determine the worth of Redfin Corp on a given historical date. On November 26, 2024 Redfin was worth 9.18 at the beginning of the trading date compared to the closed value of 9.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Redfin Corp stock. Still, in general, we apply an absolute valuation method to find Redfin Corp's 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 Redfin Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Redfin Corp's related companies.
 Open High Low Close Volume
  9.60    10.47    9.54    9.63    10,046,117  
11/26/2024
  9.18    9.66    9.15    9.61    5,630,787  
  9.88    10.03    9.50    9.66    3,512,773  
Backtest Redfin Corp  |  Redfin Corp History  |  Redfin Corp Valuation   PreviousNext  
Open Value
9.18
9.61
Closing Value
22.17
Upside

Redfin Corp Trading Date Momentum on November 26, 2024

On November 27 2024 Redfin Corp was traded for  9.66  at the closing time. The top price for the day was 10.03  and the lowest listed price was  9.50 . The trading volume for the day was 3.5 M. The trading history from November 27, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.52% . The trading delta at closing time against the current closing price is 3.75% .

Redfin Corp Fundamentals Correlations and Trends

By evaluating Redfin Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Redfin Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Redfin financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Redfin Corp Stock history

Redfin Corp 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 Redfin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Redfin Corp 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 Redfin Corp stock prices may prove useful in developing a viable investing in Redfin Corp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding113.2 M94 M
Net Loss-290.4 M-275.9 M

Redfin Corp Quarterly Net Working Capital

171.05 Million

Redfin Corp Stock Technical Analysis

Redfin Corp 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.
A focus of Redfin Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Redfin Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Redfin Corp Period Price Range

Low
December 26, 2024
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High

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Redfin Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Redfin Corp December 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Redfin Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Redfin Corp shares will generate the highest return on investment. By undertsting and applying Redfin Corp stock market strength indicators, traders can identify Redfin Corp entry and exit signals to maximize returns

Redfin Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Redfin Corp's price direction in advance. Along with the technical and fundamental analysis of Redfin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Redfin 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.
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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Redfin Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Real Estate Management & Development 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 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
(1.27)
Revenue Per Share
8.511
Quarterly Revenue Growth
0.034
Return On Assets
(0.09)
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.