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RDN
Stock ticker: NYSE
AS OF
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Price
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Capitalization
3.95B

RDN Radian Group Forecast, Technical & Fundamental Analysis

a provider of credit-related insurance coverage and financial services

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for RDN with price predictions
08:00 PM EDT Oct 02, 2023

RDN in downward trend: 10-day moving average moved below 50-day moving average on September 14, 2023

The 10-day moving average for RDN crossed bearishly below the 50-day moving average on September 14, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 08, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on RDN as a result. In of 77 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

RDN moved below its 50-day moving average on September 19, 2023 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where RDN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for RDN entered a downward trend on October 03, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RDN advanced for three days, in of 340 cases, the price rose further within the following month. The odds of a continued upward trend are .

RDN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. RDN’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 70, placing this stock slightly better than average.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.947) is normal, around the industry mean (1.680). P/E Ratio (6.150) is within average values for comparable stocks, (27.746). RDN's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (1.179). Dividend Yield (0.035) settles around the average of (0.029) among similar stocks. P/S Ratio (3.365) is also within normal values, averaging (2.124).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

A.I.Advisor
published Highlights

Industry description

Specialty insurance typically caters to niche-markets, and covers items that are special or unique and/or items that are not typically covered under other insurance policies. Restoration or purchase of a one-of-a-kind collector’s item, high-value home, recreational vehicles, sailboat or even jet skis, horses and farms, all-terrain vehicle, funerals, museums and fine art collections are some examples– one or more of which are covered by a specialty insurance provider. In some cases, a specialty insurance could also complement someone’s existing auto, home and umbrella policies. Markel Corp, for Fidelity National Financial, Inc., Assurant, Inc. and Athene Holding Ltd. are examples of specialty insurance providers.

Market Cap

The average market capitalization across the Specialty Insurance Industry is 2.32B. The market cap for tickers in the group ranges from 2.41M to 10.7B. FNF holds the highest valuation in this group at 10.7B. The lowest valued company is MMMM at 2.41M.

High and low price notable news

The average weekly price growth across all stocks in the Specialty Insurance Industry was -2%. For the same Industry, the average monthly price growth was -4%, and the average quarterly price growth was 2%. FACO experienced the highest price growth at 4%, while HIPO experienced the biggest fall at -18%.

Volume

The average weekly volume growth across all stocks in the Specialty Insurance Industry was 7%. For the same stocks of the Industry, the average monthly volume growth was 59% and the average quarterly volume growth was 47%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 65
P/E Growth Rating: 55
Price Growth Rating: 55
SMR Rating: 79
Profit Risk Rating: 70
Seasonality Score: 26 (-100 ... +100)
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A.I. Advisor
published Earnings

RDN is expected to report earnings to fall 11.43% to 80 cents per share on November 01

Radian Group RDN Stock Earnings Reports
Q3'23
Est.
$0.81
Q2'23
Beat
by $0.12
Q1'23
Beat
by $0.23
Q4'22
Beat
by $0.30
Q3'22
Beat
by $0.54
The last earnings report on August 02 showed earnings per share of 91 cents, beating the estimate of 79 cents. With 236.79K shares outstanding, the current market capitalization sits at 3.95B.
A.I.Advisor
published Dividends

RDN paid dividends on September 06, 2023

Radian Group RDN Stock Dividends
А dividend of $0.22 per share was paid with a record date of September 06, 2023, and an ex-dividend date of August 18, 2023. Read more...
A.I. Advisor
published General Information

General Information

a provider of credit-related insurance coverage and financial services

Industry SpecialtyInsurance

Profile
Fundamentals
Details
Industry
Specialty Insurance
Address
550 East Swedesford Road
Phone
+1 215 231-1000
Employees
1400
Web
https://www.radian.com
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RDN and

Correlation & Price change

A.I.dvisor indicates that over the last year, RDN has been closely correlated with MTG. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if RDN jumps, then MTG could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RDN
1D Price
Change %
RDN100%
-0.96%
MTG - RDN
86%
Closely correlated
-1.20%
ESNT - RDN
83%
Closely correlated
-1.17%
NMIH - RDN
81%
Closely correlated
-1.21%
FAF - RDN
55%
Loosely correlated
-2.34%
ACT - RDN
53%
Loosely correlated
-1.49%
More

Groups containing RDN

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RDN
1D Price
Change %
RDN100%
-0.96%
RDN
(undefined stocks)
92%
Closely correlated
+1.72%
financial
(undefined stocks)
64%
Loosely correlated
-0.09%
Specialty Insurance
(undefined stocks)
63%
Loosely correlated
+0.66%
Insurance
(undefined stocks)
56%
Loosely correlated
+0.34%
housing recovery
(undefined stocks)
55%
Loosely correlated
+1.02%
More