Redfin Corp Stock Performance
| RDFN Stock | USD 9.49 0.17 1.76% |
Redfin Corp has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of 1.73, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Redfin Corp will likely underperform. Redfin Corp right now holds a risk of 5.74%. Please check Redfin Corp potential upside, and the relationship between the total risk alpha and kurtosis , to decide if Redfin Corp will be following its historical price patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Redfin Corp are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of very unsteady technical and fundamental indicators, Redfin Corp may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
Actual Historical Performance (%)
One Day Return (1.76) | Five Day Return (1.15) | Year To Date Return (4.14) | Ten Year Return (56.27) | All Time Return (56.27) |
1 | Redfin GAAP EPS of -0.28 misses by 0.08, revenue of 278.02M misses by 2.72M | 11/07/2024 |
2 | Redfin Reports Rents Flat Nationally in October, But Rising in East Coast and Midwest Metros | 11/12/2024 |
3 | Redfin Corp Quote - Press Release - The Globe and Mail | 11/19/2024 |
4 | Disposition of 215 shares by Jason Aleem of Redfin Corp subject to Rule 16b-3 | 11/20/2024 |
5 | Disposition of 8214 shares by Bridget Frey of Redfin Corp subject to Rule 16b-3 | 11/22/2024 |
6 | Disposition of 21454 shares by Bridget Frey of Redfin Corp at 10.0 subject to Rule 16b-3 | 11/25/2024 |
7 | Home Alone Money Mystery How Much Would It Cost for the Big House Family Vacation to Paris | 11/26/2024 |
8 | Mortgage Predictions Homebuyers Arent Thankful for Todays Mortgage Rates | 11/27/2024 |
| Begin Period Cash Flow | 242.2 M |
Redfin |
Redfin Corp Relative Risk vs. Return Landscape
If you would invest 945.00 in Redfin Corp on September 2, 2024 and sell it today you would earn a total of 4.00 from holding Redfin Corp or generate 0.42% return on investment over 90 days. Redfin Corp is currently generating 0.1628% in daily expected returns and assumes 5.7443% risk (volatility on return distribution) over the 90 days horizon. In different words, 51% of stocks are less volatile than Redfin, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Redfin Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Redfin Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Redfin Corp, and traders can use it to determine the average amount a Redfin Corp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0283
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | RDFN | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.74 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Redfin Corp is performing at about 2% 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 Redfin Corp by adding it to a well-diversified portfolio.
Redfin Corp Fundamentals Growth
Redfin Stock prices reflect investors' perceptions of the future prospects and financial health of Redfin Corp, and Redfin Corp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Redfin Stock performance.
| Return On Equity | -14.76 | ||||
| Return On Asset | -0.09 | ||||
| Profit Margin | (0.15) % | ||||
| Operating Margin | (0.09) % | ||||
| Current Valuation | 2.11 B | ||||
| Shares Outstanding | 123.98 M | ||||
| Price To Earning | (3.35) X | ||||
| Price To Book | 269.90 X | ||||
| Price To Sales | 1.18 X | ||||
| Revenue | 976.67 M | ||||
| Gross Profit | 286.05 M | ||||
| EBITDA | (53.04 M) | ||||
| Net Income | (130.03 M) | ||||
| Cash And Equivalents | 473.25 M | ||||
| Cash Per Share | 4.36 X | ||||
| Total Debt | 1.01 B | ||||
| Debt To Equity | 7.97 % | ||||
| Current Ratio | 2.00 X | ||||
| Book Value Per Share | (0.53) X | ||||
| Cash Flow From Operations | 56.76 M | ||||
| Earnings Per Share | (1.27) X | ||||
| Market Capitalization | 1.2 B | ||||
| Total Asset | 1.15 B | ||||
| Retained Earnings | (823.33 M) | ||||
| Working Capital | 176.6 M | ||||
| Current Asset | 359.38 M | ||||
| Current Liabilities | 38.51 M | ||||
About Redfin Corp Performance
By examining Redfin Corp's fundamental ratios, stakeholders can obtain critical insights into Redfin Corp's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Redfin Corp is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 18.78 | 26.34 | |
| Return On Tangible Assets | (0.24) | (0.25) | |
| Return On Capital Employed | (0.24) | (0.25) | |
| Return On Assets | (0.11) | (0.12) | |
| Return On Equity | (3.04) | (2.89) |
Things to note about Redfin Corp performance evaluation
Checking the ongoing alerts about Redfin Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Redfin Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Redfin Corp had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 976.67 M. Net Loss for the year was (130.03 M) with profit before overhead, payroll, taxes, and interest of 286.05 M. | |
| About 63.0% of the company shares are owned by institutional investors | |
| Latest headline from cnet.com: Mortgage Predictions Homebuyers Arent Thankful for Todays Mortgage Rates |
- Analyzing Redfin Corp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Redfin Corp's stock is overvalued or undervalued compared to its peers.
- Examining Redfin Corp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Redfin Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Redfin Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Redfin Corp's stock. These opinions can provide insight into Redfin Corp's potential for growth and whether the stock is currently undervalued or overvalued.
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 CEOs Directory module to screen CEOs from public companies around the world.
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.