Red Violet Stock Alpha and Beta Analysis
| RDVT Stock | USD 36.49 0.46 1.24% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Red Violet. It also helps investors analyze the systematic and unsystematic risks associated with investing in Red Violet over a specified time horizon. Remember, high Red Violet's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Red Violet's market risk premium analysis include:
Beta 1.48 | Alpha 0.22 | Risk 2.69 | Sharpe Ratio 0.15 | Expected Return 0.42 |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Red |
Red Violet Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Red Violet market risk premium is the additional return an investor will receive from holding Red Violet long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Red Violet. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Red Violet's performance over market.| α | 0.22 | β | 1.48 |
Red Violet expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Red Violet's Buy-and-hold return. Our buy-and-hold chart shows how Red Violet performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Red Violet Market Price Analysis
Market price analysis indicators help investors to evaluate how Red Violet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Red Violet shares will generate the highest return on investment. By understating and applying Red Violet stock market price indicators, traders can identify Red Violet position entry and exit signals to maximize returns.
Red Violet Return and Market Media
The median price of Red Violet for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 29.04 with a coefficient of variation of 10.53. The daily time series for the period is distributed with a sample standard deviation of 3.19, arithmetic mean of 30.24, and mean deviation of 2.48. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | FOREWARN Partners with Howard County Association of REALTORS | 09/09/2024 |
2 | Disposition of 1875 shares by Daniel MacLachlan of Red Violet subject to Rule 16b-3 | 09/27/2024 |
3 | Disposition of 5417 shares by James Reilly of Red Violet at 28.45 subject to Rule 16b-3 | 10/01/2024 |
4 | Acquisition by Rubin Steven D of 10800 shares of Red Violet subject to Rule 16b-3 | 10/11/2024 |
5 | red violet to Announce Third Quarter 2024 Financial Results on November 6, 2024 | 10/23/2024 |
6 | Disposition of 4235 shares by Jeffrey Dell of Red Violet at 30.08 subject to Rule 16b-3 | 11/01/2024 |
7 | FOREWARN Partners with Triad Multiple Listing Service | 11/04/2024 |
8 | Red Violet Inc Q3 2024 Earnings Call Highlights Record Revenue and Strategic Growth ... | 11/07/2024 |
9 | Red Violet, Inc. Q3 2024 Earnings Call Transcript | 11/08/2024 |
10 | Heres Why Momentum in Red Violet Should Keep going | 11/12/2024 |
11 | Red Violet Inc Stock Price Up 2.28 percent on Nov 19 | 11/19/2024 |
12 | Red Violet CEO Derek Dubner sells 372,500 in stock | 11/25/2024 |
13 | Insider Sell Alert Jeffrey Dell Sells 10,000 Shares of Red Violet Inc | 11/26/2024 |
About Red Violet Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Red or other stocks. Alpha measures the amount that position in Red Violet has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 30.98 | 37.89 | 43.26 | 50.51 | PTB Ratio | 7.2 | 4.46 | 3.24 | 3.08 |
Red Violet Upcoming Company Events
As portrayed in its financial statements, the presentation of Red Violet's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Red Violet's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Red Violet's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Red Violet. Please utilize our Beneish M Score to check the likelihood of Red Violet's management manipulating its earnings.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Red Violet
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Additional Tools for Red Stock Analysis
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.