Redfin Financial Statements From 2010 to 2025
| RDFNDelisted Stock | USD 11.19 0.18 1.58% |
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 , as well as many indicators such as . Redfin financial statements analysis is a perfect complement when working with Redfin Corp Valuation or Volatility modules.
Redfin |
Redfin Corp Company Return On Equity Analysis
Redfin Corp's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Redfin Corp Return On Equity | -14.76 |
Most of Redfin Corp's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Redfin Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Redfin Corp has a Return On Equity of -14.765. This is much higher than that of the Real Estate Management & Development sector and 42.97% lower than that of the Real Estate industry. The return on equity for all United States stocks is notably higher than that of the company.
Redfin Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Redfin Corp's current stock value. Our valuation model uses many indicators to compare Redfin Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Redfin Corp competition to find correlations between indicators driving Redfin Corp's intrinsic value. More Info.Redfin Corp is rated fifth in return on equity category among its peers. It also is rated fifth in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Redfin Corp's earnings, one of the primary drivers of an investment's value.About Redfin Corp Financial Statements
Redfin Corp investors utilize fundamental indicators, such as revenue or net income, 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.
Redfin Corporation operates as a residential real estate brokerage company in the United States and Canada. Redfin Corporation was incorporated in 2002 and is headquartered in Seattle, Washington. Redfin Corp operates under Real Estate Services classification in the United States and is traded on NASDAQ Exchange. It employs 6485 people.
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
| 0.75 | KW | Kennedy Wilson Holdings Earnings Call This Week | PairCorr |
Moving against Redfin Stock
| 0.66 | DUO | Fangdd Network Group | PairCorr |
| 0.61 | WETH | Wetouch Technology Common | PairCorr |
| 0.48 | UK | Ucommune International | PairCorr |
| 0.44 | UKOMW | Ucommune International | PairCorr |
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 Your Equity Center to better understand how to build diversified portfolios. 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. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Other Consideration for investing in Redfin Stock
If you are still planning to invest in Redfin Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Redfin Corp's history and understand the potential risks before investing.
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