Runway Growth Finance Stock Market Value
| RWAY Stock | USD 10.25 0.01 0.1% |
| Symbol | Runway |
Is Asset Management & Custody Banks 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 Runway Growth. If investors know Runway 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 Runway Growth 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 (0.62) | Earnings Share 1.03 | Revenue Per Share 3.916 | Quarterly Revenue Growth (0.18) | Return On Assets 0.0654 |
The market value of Runway Growth Finance is measured differently than its book value, which is the value of Runway that is recorded on the company's balance sheet. Investors also form their own opinion of Runway Growth's value that differs from its market value or its book value, called intrinsic value, which is Runway Growth'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 Runway Growth's market value can be influenced by many factors that don't directly affect Runway Growth'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 Runway Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Runway Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Runway Growth'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.
Runway Growth 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Runway Growth's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Runway Growth.
| 12/31/2022 |
| 12/20/2024 |
If you would invest 0.00 in Runway Growth on December 31, 2022 and sell it all today you would earn a total of 0.00 from holding Runway Growth Finance or generate 0.0% return on investment in Runway Growth over 720 days. Runway Growth is related to or competes with Visa, Deutsche Bank, and Dynex Capital. Runway Growth Finance Corp. is a business development company specializing investments in senior-secured loans to late s... More
Runway Growth Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Runway Growth's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Runway Growth Finance upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.29 | |||
| Information Ratio | 0.0179 | |||
| Maximum Drawdown | 7.63 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 1.44 |
Runway Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Runway Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Runway Growth's standard deviation. In reality, there are many statistical measures that can use Runway Growth historical prices to predict the future Runway Growth's volatility.| Risk Adjusted Performance | 0.0393 | |||
| Jensen Alpha | 0.031 | |||
| Total Risk Alpha | 0.0091 | |||
| Sortino Ratio | 0.0171 | |||
| Treynor Ratio | 0.0732 |
Runway Growth Finance Backtested Returns
At this stage we consider Runway Stock to be very steady. Runway Growth Finance maintains Sharpe Ratio (i.e., Efficiency) of 0.0631, which implies the firm had a 0.0631% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Runway Growth Finance, which you can use to evaluate the volatility of the company. Please check Runway Growth's Coefficient Of Variation of 2222.77, risk adjusted performance of 0.0393, and Semi Deviation of 1.22 to confirm if the risk estimate we provide is consistent with the expected return of 0.077%. Runway Growth has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of 0.62, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Runway Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Runway Growth is expected to be smaller as well. Runway Growth Finance right now holds a risk of 1.22%. Please check Runway Growth Finance potential upside, as well as the relationship between the accumulation distribution and period momentum indicator , to decide if Runway Growth Finance will be following its historical price patterns.
Auto-correlation | -0.59 |
Good reverse predictability
Runway Growth Finance has good reverse predictability. Overlapping area represents the amount of predictability between Runway Growth time series from 31st of December 2022 to 26th of December 2023 and 26th of December 2023 to 20th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Runway Growth Finance price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Runway Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
Runway Growth Finance lagged returns against current returns
Autocorrelation, which is Runway Growth stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Runway Growth's stock expected returns. We can calculate the autocorrelation of Runway Growth returns to help us make a trade decision. For example, suppose you find that Runway Growth has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Runway Growth regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Runway Growth stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Runway Growth stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Runway Growth stock over time.
Current vs Lagged Prices |
| Timeline |
Runway Growth Lagged Returns
When evaluating Runway Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Runway Growth stock have on its future price. Runway Growth autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Runway Growth autocorrelation shows the relationship between Runway Growth stock current value and its past values and can show if there is a momentum factor associated with investing in Runway Growth Finance.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Runway Stock Analysis
When running Runway Growth's price analysis, check to measure Runway Growth'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 Runway Growth is operating at the current time. Most of Runway Growth's value examination focuses on studying past and present price action to predict the probability of Runway Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Runway Growth's price. Additionally, you may evaluate how the addition of Runway Growth to your portfolios can decrease your overall portfolio volatility.