Redfin Net Invested Capital from 2010 to 2024
| RDFN Stock | USD 9.49 0.17 1.76% |
Net Invested Capital | First Reported 2010-12-31 | Previous Quarter 967.9 M | Current Value 1 B | Quarterly Volatility 511.9 M |
Check Redfin Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Redfin Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 59.6 M, Interest Expense of 7.8 M or Selling General Administrative of 120.7 M, as well as many indicators such as Price To Sales Ratio of 1.14, Dividend Yield of 0.0017 or PTB Ratio of 28.71. Redfin financial statements analysis is a perfect complement when working with Redfin Corp Valuation or Volatility modules.
Redfin | Net Invested Capital |
Latest Redfin Corp's Net Invested Capital Growth Pattern
Below is the plot of the Net Invested Capital of Redfin Corp over the last few years. It is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. Redfin Corp's Net Invested Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Redfin Corp's overall financial position and show how it may be relating to other accounts over time.
| Net Invested Capital | 10 Years Trend |
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Net Invested Capital |
| Timeline |
Redfin Net Invested Capital Regression Statistics
| Arithmetic Mean | 610,137,185 | |
| Geometric Mean | 451,185,447 | |
| Coefficient Of Variation | 83.90 | |
| Mean Deviation | 431,285,180 | |
| Median | 237,446,000 | |
| Standard Deviation | 511,923,729 | |
| Sample Variance | 262065.9T | |
| Range | 1.5B | |
| R-Value | 0.78 | |
| Mean Square Error | 108926.7T | |
| R-Squared | 0.61 | |
| Significance | 0.0005 | |
| Slope | 89,699,409 | |
| Total Sum of Squares | 3668922.7T |
Redfin Net Invested Capital History
About Redfin Corp Financial Statements
Redfin Corp investors utilize fundamental indicators, such as Net Invested Capital, to predict how Redfin Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Invested Capital | 967.9 M | 1 B |
Pair Trading with Redfin Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Redfin Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Redfin Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Redfin Stock
The ability to find closely correlated positions to Redfin Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Redfin Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Redfin Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Redfin Corp to buy it.
The correlation of Redfin Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Redfin Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Redfin Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Redfin Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Redfin Corp Correlation against competitors. To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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.