Red Violet Stock Price on April 8, 2024

RDVT Stock  USD 38.72  1.07  2.84%   
Below is the normalized historical share price chart for Red Violet extending back to March 26, 2018. 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 Red Violet stands at 38.72, as last reported on the 16th of December 2024, with the highest price reaching 38.94 and the lowest price hitting 37.30 during the day.
IPO Date
26th of March 2018
200 Day MA
25.4516
50 Day MA
32.7631
Beta
1.456
 
Covid
If you're considering investing in Red Stock, it is important to understand the factors that can impact its price. Red Violet appears to be very steady, given 3 months investment horizon. Red Violet maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Red Violet, which you can use to evaluate the volatility of the company. Please evaluate Red Violet's Coefficient Of Variation of 608.95, semi deviation of 1.86, and Risk Adjusted Performance of 0.1265 to confirm if our risk estimates are consistent with your expectations.
  
Stock Based Compensation is likely to gain to about 5.6 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 48.1 M in 2024. . At this time, Red Violet's Price Earnings To Growth Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 19.44 in 2024, whereas Price Book Value Ratio is likely to drop 3.08 in 2024. Red Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1675

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Estimated Market Risk

 2.86
  actual daily
25
75% of assets are more volatile

Expected Return

 0.48
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Red Violet is performing at about 13% of its full potential. 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 Red Violet by adding it to a well-diversified portfolio.
Price Book
5.6642
Enterprise Value Ebitda
30.4564
Price Sales
7.3461
Shares Float
9.3 M
Wall Street Target Price
43

Related Headline

Issuer Direct Headline on 8th of April 2024

Filed transaction by Issuer Direct Corp Director. Grant, award or other acquisition pursuant to Rule 16b-3

Red Violet Valuation on April 8, 2024

It is possible to determine the worth of Red Violet on a given historical date. On April 8, 2024 Red was worth 20.36 at the beginning of the trading date compared to the closed value of 20.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Red Violet stock. Still, in general, we apply an absolute valuation method to find Red Violet'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 Red Violet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Red Violet's related companies.
 Open High Low Close Volume
  20.37    20.69    20.13    20.26    64,102  
04/08/2024
  20.36    20.36    20.01    20.26    21,531  
  20.32    20.32    19.84    19.84    23,333  
Backtest Red Violet  |  Red Violet History  |  Red Violet Valuation   PreviousNext  
Open Value
20.36
20.26
Closing Value
28.93
Upside

Red Violet Trading Date Momentum on April 8, 2024

On April 09 2024 Red Violet was traded for  19.84  at the closing time. The top price for the day was 20.32  and the lowest listed price was  19.84 . The trading volume for the day was 23.3 K. The trading history from April 9, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.07% . The trading delta at closing time against the current closing price is 11.20% .

Red Violet Fundamentals Correlations and Trends

By evaluating Red Violet'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 Red Violet's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Red financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Red Violet Stock history

Red Violet 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 Red is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Red Violet 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 Red Violet stock prices may prove useful in developing a viable investing in Red Violet
Last ReportedProjected for Next Year
Common Stock Shares Outstanding14.1 M11.6 M
Net Income Applicable To Common Shares708.4 K743.8 K

Red Violet Quarterly Net Working Capital

36.7 Million

Red Violet Stock Technical Analysis

Red Violet 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 Red Violet technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Red Violet 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

Red Violet Period Price Range

Low
December 16, 2024
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High

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Red Violet December 16, 2024 Market Strength

Market strength 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 undertsting and applying Red Violet stock market strength indicators, traders can identify Red Violet entry and exit signals to maximize returns

Red Violet Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Red Violet's price direction in advance. Along with the technical and fundamental analysis of Red Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Red 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.

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.