Redwire Corp Stock Market Value
| RDW Stock | USD 11.68 0.66 5.99% |
| Symbol | Redwire |
Redwire Corp Price To Book Ratio
Is Aerospace & Defense 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 Redwire Corp. If investors know Redwire 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 Redwire Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.21) | Revenue Per Share 4.533 | Quarterly Revenue Growth 0.096 | Return On Assets (0.06) | Return On Equity (1.61) |
The market value of Redwire Corp is measured differently than its book value, which is the value of Redwire that is recorded on the company's balance sheet. Investors also form their own opinion of Redwire Corp's value that differs from its market value or its book value, called intrinsic value, which is Redwire 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 Redwire Corp's market value can be influenced by many factors that don't directly affect Redwire 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 Redwire Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Redwire Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Redwire 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.
Redwire Corp 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Redwire Corp's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Redwire Corp.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Redwire Corp on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Redwire Corp or generate 0.0% return on investment in Redwire Corp over 30 days. Redwire Corp is related to or competes with Sidus Space, Planet Labs, Intuitive Machines, Rocket Lab, Momentus, Virgin Galactic, and Eve Holding. Redwire Corporation, a space infrastructure company, develops, manufactures, and sells mission critical space solutions ... More
Redwire Corp Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Redwire Corp's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Redwire Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.58 | |||
| Information Ratio | 0.1899 | |||
| Maximum Drawdown | 20.4 | |||
| Value At Risk | (6.07) | |||
| Potential Upside | 8.12 |
Redwire Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Redwire Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Redwire Corp's standard deviation. In reality, there are many statistical measures that can use Redwire Corp historical prices to predict the future Redwire Corp's volatility.| Risk Adjusted Performance | 0.1718 | |||
| Jensen Alpha | 0.683 | |||
| Total Risk Alpha | 0.3643 | |||
| Sortino Ratio | 0.236 | |||
| Treynor Ratio | 0.3584 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Redwire Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Redwire Corp Backtested Returns
Redwire Corp appears to be slightly risky, given 3 months investment horizon. Redwire Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the firm had a 0.2% return per unit of risk over the last 3 months. By analyzing Redwire Corp's technical indicators, you can evaluate if the expected return of 0.92% is justified by implied risk. Please evaluate Redwire Corp's Semi Deviation of 3.18, risk adjusted performance of 0.1718, and Coefficient Of Variation of 466.35 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Redwire Corp holds a performance score of 16. The company holds a Beta of 2.64, 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, Redwire Corp will likely underperform. Please check Redwire Corp's semi variance, and the relationship between the sortino ratio and rate of daily change , to make a quick decision on whether Redwire Corp's historical price patterns will revert.
Auto-correlation | -0.44 |
Modest reverse predictability
Redwire Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Redwire Corp time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Redwire Corp price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Redwire Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.91 |
Redwire Corp lagged returns against current returns
Autocorrelation, which is Redwire Corp stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Redwire Corp's stock expected returns. We can calculate the autocorrelation of Redwire Corp returns to help us make a trade decision. For example, suppose you find that Redwire Corp has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Redwire Corp regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Redwire Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Redwire Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Redwire Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Redwire Corp Lagged Returns
When evaluating Redwire Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Redwire Corp stock have on its future price. Redwire Corp autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Redwire Corp autocorrelation shows the relationship between Redwire Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Redwire Corp.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Redwire Stock Analysis
When running Redwire Corp's price analysis, check to measure Redwire Corp'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 Redwire Corp is operating at the current time. Most of Redwire Corp's value examination focuses on studying past and present price action to predict the probability of Redwire Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Redwire Corp's price. Additionally, you may evaluate how the addition of Redwire Corp to your portfolios can decrease your overall portfolio volatility.