Runway Growth Finance Stock Statistic Functions Beta

RWAY Stock  USD 10.44  0.07  0.68%   
Runway Growth statistic functions tool provides the execution environment for running the Beta function and other technical functions against Runway Growth. Runway Growth value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Runway Growth statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Runway Growth Finance correlated with the market. If Beta is less than 0 Runway Growth generally moves in the opposite direction as compared to the market. If Runway Growth Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Runway Growth Finance is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Runway Growth is generally in the same direction as the market. If Beta > 1 Runway Growth moves generally in the same direction as, but more than the movement of the benchmark.

Runway Growth Technical Analysis Modules

Most technical analysis of Runway Growth help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Runway from various momentum indicators to cycle indicators. When you analyze Runway charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Runway Growth Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Runway Growth Finance. We use our internally-developed statistical techniques to arrive at the intrinsic value of Runway Growth Finance based on widely used predictive technical indicators. In general, we focus on analyzing Runway Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Runway Growth's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Runway Growth's intrinsic value. In addition to deriving basic predictive indicators for Runway Growth, we also check how macroeconomic factors affect Runway Growth price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03540.110.140.15
Price To Sales Ratio9.8211.263.513.33
Hype
Prediction
LowEstimatedHigh
9.4510.5511.65
Details
Intrinsic
Valuation
LowRealHigh
9.5012.0313.13
Details
Naive
Forecast
LowNextHigh
9.5310.6311.73
Details
9 Analysts
Consensus
LowTargetHigh
12.5113.7515.26
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Runway Growth. Your research has to be compared to or analyzed against Runway Growth's peers to derive any actionable benefits. When done correctly, Runway Growth's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Runway Growth Finance.

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Runway Growth Finance pair trading

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 Runway Growth 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 Runway Growth will appreciate offsetting losses from the drop in the long position's value.

Runway Growth Pair Trading

Runway Growth Finance Pair Trading Analysis

The ability to find closely correlated positions to Runway Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Runway Growth 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 Runway Growth - 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 Runway Growth Finance to buy it.
The correlation of Runway Growth 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 Runway Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Runway Growth Finance 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 Runway Growth 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.
Pair CorrelationCorrelation Matching

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.