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Red Violet Inc
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Let's analyse Red Violet Inc together

PenkeI guess you are interested in Red Violet Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Red Violet Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Red Violet Inc (30 sec.)










What can you expect buying and holding a share of Red Violet Inc? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
$6.16
Expected worth in 1 year
$7.28
How sure are you?
62.1%

+ What do you gain per year?

Total Gains per Share
$1.12
Return On Investment
5.7%

For what price can you sell your share?

Current Price per Share
$19.64
Expected price per share
$18.71 - $20.94
How sure are you?
50%

1. Valuation of Red Violet Inc (5 min.)




Live pricePrice per Share (EOD)

$19.64

Intrinsic Value Per Share

$7.56 - $8.97

Total Value Per Share

$13.71 - $15.12

2. Growth of Red Violet Inc (5 min.)




Is Red Violet Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$86.1m$71.1m$10.1m12.5%

How much money is Red Violet Inc making?

Current yearPrevious yearGrowGrow %
Making money$3.3m$154k$3.2m95.4%
Net Profit Margin21.5%0.6%--

How much money comes from the company's main activities?

3. Financial Health of Red Violet Inc (5 min.)




What can you expect buying and holding a share of Red Violet Inc? (5 min.)

Welcome investor! Red Violet Inc's management wants to use your money to grow the business. In return you get a share of Red Violet Inc.

What can you expect buying and holding a share of Red Violet Inc?

First you should know what it really means to hold a share of Red Violet Inc. And how you can make/lose money.

Speculation

The Price per Share of Red Violet Inc is $19.64. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Red Violet Inc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Red Violet Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $6.16. Based on the TTM, the Book Value Change Per Share is $0.28 per quarter. Based on the YOY, the Book Value Change Per Share is $0.02 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Red Violet Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.08-0.4%0.241.2%0.010.1%-0.01-0.1%-0.09-0.4%
Usd Book Value Change Per Share-0.10-0.5%0.281.4%0.020.1%0.180.9%0.211.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.10-0.5%0.281.4%0.020.1%0.180.9%0.211.1%
Usd Price Per Share19.97-19.54-21.97-20.20-14.89-
Price to Earnings Ratio-65.25-20.12-146.34-16.22-9.11-
Price-to-Total Gains Ratio-196.26-21.02--22.87-417.37-337.90-
Price to Book Ratio3.24-3.43-4.34-5.12-3.88-
Price-to-Total Gains Ratio-196.26-21.02--22.87-417.37-337.90-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share19.64
Number of shares50
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.280.18
Usd Total Gains Per Share0.280.18
Gains per Quarter (50 shares)13.978.90
Gains per Year (50 shares)55.8935.59
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10564603626
2011210207162
30168158010798
402242140142134
502792700178170
603353260214206
703913820249242
804474380285278
905034940320314
1005595500356350

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%7.05.00.058.3%7.013.00.035.0%9.020.00.031.0%9.020.00.031.0%
Book Value Change Per Share3.01.00.075.0%8.04.00.066.7%13.07.00.065.0%18.010.01.062.1%18.010.01.062.1%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.029.00.0%0.00.029.00.0%
Total Gains per Share3.01.00.075.0%8.04.00.066.7%13.07.00.065.0%18.010.01.062.1%18.010.01.062.1%

Fundamentals of Red Violet Inc

About Red Violet Inc

Red Violet, Inc., a software and services company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States. It offers idiCORE, an investigative solution used to address various organizational challenges, which include due diligence, risk mitigation, identity authentication, fraud detection and prevention, customer acquisition, and regulatory compliance; and FOREWARN, an app-based solution that provides instant knowledge before face-to-face engagement with a consumer, as well as helps professionals to identify and mitigate risk. The company serves financial services, insurance, healthcare, retail, telecommunication companies, law enforcement and government agencies, collections, law, corporate security, and investigative firms. It markets its products and services through value-added distributors, resellers, and strategic partners; and trade shows and seminars, advertising, public relations, distribution of sales literature, and product specifications and ongoing communication with prospective customers, distributors, resellers, strategic partners, and installed base of current customers, as well as through direct sales. The company was incorporated in 2017 and is headquartered in Boca Raton, Florida.

Fundamental data was last updated by Penke on 2024-03-22 01:53:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Red Violet Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Red Violet Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Red Violet Inc to the Software - Application industry mean.
  • A Net Profit Margin of -7.1% means that $-0.07 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Red Violet Inc:

  • The MRQ is -7.1%. The company is making a loss. -1
  • The TTM is 21.5%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ-7.1%TTM21.5%-28.6%
TTM21.5%YOY0.6%+20.9%
TTM21.5%5Y-6.6%+28.1%
5Y-6.6%10Y-59.5%+52.9%
1.1.2. Return on Assets

Shows how efficient Red Violet Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Red Violet Inc to the Software - Application industry mean.
  • -1.2% Return on Assets means that Red Violet Inc generated $-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Red Violet Inc:

  • The MRQ is -1.2%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is 3.7%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ-1.2%TTM3.7%-4.8%
TTM3.7%YOY0.2%+3.5%
TTM3.7%5Y-1.0%+4.7%
5Y-1.0%10Y-7.6%+6.6%
1.1.3. Return on Equity

Shows how efficient Red Violet Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Red Violet Inc to the Software - Application industry mean.
  • -1.2% Return on Equity means Red Violet Inc generated $-0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Red Violet Inc:

  • The MRQ is -1.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is 3.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-1.2%TTM3.9%-5.1%
TTM3.9%YOY0.2%+3.7%
TTM3.9%5Y-1.3%+5.2%
5Y-1.3%10Y-11.0%+9.7%

1.2. Operating Efficiency of Red Violet Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Red Violet Inc is operating .

  • Measures how much profit Red Violet Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Red Violet Inc to the Software - Application industry mean.
  • An Operating Margin of -5.9% means the company generated $-0.06  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Red Violet Inc:

  • The MRQ is -5.9%. The company is operating very inefficient. -2
  • The TTM is 4.1%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ-5.9%TTM4.1%-10.0%
TTM4.1%YOY0.2%+3.9%
TTM4.1%5Y-12.2%+16.3%
5Y-12.2%10Y-59.0%+46.8%
1.2.2. Operating Ratio

Measures how efficient Red Violet Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Application industry mean).
  • An Operation Ratio of 1.06 means that the operating costs are $1.06 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Red Violet Inc:

  • The MRQ is 1.059. The company is inefficient in keeping operating costs low. -1
  • The TTM is 0.959. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ1.059TTM0.959+0.100
TTM0.959YOY0.998-0.039
TTM0.9595Y1.112-0.153
5Y1.11210Y1.615-0.504

1.3. Liquidity of Red Violet Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Red Violet Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software - Application industry mean).
  • A Current Ratio of 8.26 means the company has $8.26 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Red Violet Inc:

  • The MRQ is 8.256. The company is very able to pay all its short-term debts. +2
  • The TTM is 10.204. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ8.256TTM10.204-1.948
TTM10.204YOY9.919+0.284
TTM10.2045Y6.727+3.477
5Y6.72710Y5.226+1.501
1.3.2. Quick Ratio

Measures if Red Violet Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Red Violet Inc to the Software - Application industry mean.
  • A Quick Ratio of 8.03 means the company can pay off $8.03 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Red Violet Inc:

  • The MRQ is 8.028. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 9.888. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ8.028TTM9.888-1.860
TTM9.888YOY9.683+0.206
TTM9.8885Y6.484+3.404
5Y6.48410Y5.010+1.475

1.4. Solvency of Red Violet Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Red Violet Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Red Violet Inc to Software - Application industry mean.
  • A Debt to Asset Ratio of 0.07 means that Red Violet Inc assets are financed with 7.4% credit (debt) and the remaining percentage (100% - 7.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Red Violet Inc:

  • The MRQ is 0.074. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.062. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.074TTM0.062+0.012
TTM0.062YOY0.069-0.007
TTM0.0625Y0.106-0.044
5Y0.10610Y0.150-0.044
1.4.2. Debt to Equity Ratio

Measures if Red Violet Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Red Violet Inc to the Software - Application industry mean.
  • A Debt to Equity ratio of 8.0% means that company has $0.08 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Red Violet Inc:

  • The MRQ is 0.080. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.066. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.080TTM0.066+0.014
TTM0.066YOY0.074-0.008
TTM0.0665Y0.121-0.055
5Y0.12110Y0.197-0.076

2. Market Valuation of Red Violet Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Red Violet Inc generates.

  • Above 15 is considered overpriced but always compare Red Violet Inc to the Software - Application industry mean.
  • A PE ratio of -65.25 means the investor is paying $-65.25 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Red Violet Inc:

  • The EOD is -64.176. Based on the earnings, the company is expensive. -2
  • The MRQ is -65.254. Based on the earnings, the company is expensive. -2
  • The TTM is 20.120. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD-64.176MRQ-65.254+1.078
MRQ-65.254TTM20.120-85.374
TTM20.120YOY146.343-126.224
TTM20.1205Y16.216+3.904
5Y16.21610Y9.114+7.102
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Red Violet Inc:

  • The EOD is 33.061. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 33.617. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 7.834. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD33.061MRQ33.617-0.556
MRQ33.617TTM7.834+25.783
TTM7.834YOY128.366-120.532
TTM7.8345Y-151.569+159.403
5Y-151.56910Y-105.513-46.056
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Red Violet Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Software - Application industry mean).
  • A PB ratio of 3.24 means the investor is paying $3.24 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Red Violet Inc:

  • The EOD is 3.190. Based on the equity, the company is fair priced.
  • The MRQ is 3.243. Based on the equity, the company is fair priced.
  • The TTM is 3.425. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD3.190MRQ3.243-0.054
MRQ3.243TTM3.425-0.182
TTM3.425YOY4.336-0.911
TTM3.4255Y5.119-1.694
5Y5.11910Y3.882+1.237
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Red Violet Inc.

3.1. Institutions holding Red Violet Inc

Institutions are holding 55.865% of the shares of Red Violet Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Nantahala Capital Management, LLC17.25991.44032411356114946091.0899
2023-12-31Trigran Investments Inc15.12454.0629211302597610.4641
2023-12-31Ashford Capital Management Inc7.92542.96231107240-123360-10.0244
2023-12-31BlackRock Inc5.29840.0004740232476276.8765
2023-12-31Vanguard Group Inc3.97250.0002554986109162.0064
2023-12-31Wasatch Advisors Inc.2.99630.046141860400
2023-12-31Ameriprise Financial Inc2.43380.002340020-4502-1.3067
2023-12-31Geode Capital Management, LLC1.72260.0005240658160237.1329
2023-12-31Goldman Sachs Group Inc1.50740.0004210592105835101.029
2023-12-31State Street Corporation1.17410.000216402861513.8961
2023-12-31Meros Investment Management, LP1.04341.381214576624781.7294
2023-12-31Northern Trust Corp0.74120.000410355159326.0767
2023-12-31U.S. Bancorp0.62270.002687000-41000-32.0313
2023-12-31Dimensional Fund Advisors, Inc.0.47580.000466480963416.9475
2023-12-31Bank of New York Mellon Corp0.31240.000243647-1044-2.336
2023-12-31Charles Schwab Investment Management Inc0.22050.000230805-1290-4.0193
2023-12-31Millennium Management LLC0.19890.000227787979554.4409
2023-12-31Kennedy Capital Management Inc0.1670.0102233284071.7757
2023-12-31Morgan Stanley - Brokerage Accounts0.153402143815603267.4036
2023-09-30Venator Capital Management Ltd.0.14930.857720863208630
Total 63.499510.76848871406+1239289+14.0%

3.2. Funds holding Red Violet Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Ashford Small Company Growth2.83193.4551395646-4700-1.174
2024-01-31Vanguard Total Stock Mkt Idx Inv2.29390.000432047200
2024-02-29iShares Russell 2000 ETF1.77650.0071248197-41-0.0165
2023-12-31Wasatch Micro Cap Value1.41681.310319794200
2024-01-31Columbia Small Cap Value I A1.35410.269318918013000.6919
2023-12-31Columbia Small Cap Value I1.34480.274918788022001.1848
2024-01-31Vanguard Institutional Extnd Mkt Idx Tr1.08090.00291510069330.6217
2023-12-31Fidelity Small Cap Index0.80210.008811205987358.454
2024-02-29iShares Russell 2000 Growth ETF0.7150.015799894-116-0.116
2024-01-31Columbia VP Small Cap Value 10.5370.270675025-800-1.0551
2024-01-31Fidelity Extended Market Index0.46580.00346508000
2023-12-31Acuitas US Microcap Strategy0.33770.25094717600
2024-01-31State St Russell Sm Cap® Indx SL Cl I0.29780.00874160900
2024-01-31Vanguard Russell 2000 ETF0.27040.0085377838282.2406
2023-12-31NT R2000 Growth Index Fund - NL0.23910.0183340000
2023-12-31NT R2000 Index Fund - NL0.22930.008832034550.172
2024-01-31State St Russell Sm/Mid Cp® Indx NL Cl C0.21740.00153037600
2023-09-30BlackRock Extended Mkt Composite0.19930.004278391950.7054
2024-01-31Schwab Small Cap Index0.18250.00842549900
2023-12-31NT R2000 Index Fund - DC - NL - 20.18060.008825227-54-0.2136
Total 16.77295.93612343324+8535+0.4%

3.3. Insider Transactions

Insiders are holding 33.92% of the shares of Red Violet Inc.

DateOwnerTypeAmountPricePost Transaction AmountLink
2024-01-11William Paul LivekBUY218.1

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Red Violet Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.1020.279-136%0.017-703%0.178-157%0.212-148%
Book Value Per Share--6.1575.730+7%5.071+21%4.100+50%3.354+84%
Current Ratio--8.25610.204-19%9.919-17%6.727+23%5.226+58%
Debt To Asset Ratio--0.0740.062+20%0.069+7%0.106-30%0.150-51%
Debt To Equity Ratio--0.0800.066+21%0.074+8%0.121-34%0.197-60%
Dividend Per Share----0%-0%-0%-0%
Eps---0.0770.236-132%0.011-777%-0.012-84%-0.088+15%
Free Cash Flow Per Share--0.1490.104+42%0.065+130%0.035+330%-0.057+138%
Free Cash Flow To Equity Per Share---0.1560.003-5414%-0.044-72%0.080-295%0.085-283%
Gross Profit Margin--4.272-0.162+104%-0.950+122%0.958+346%1.110+285%
Intrinsic Value_10Y_max--8.966--------
Intrinsic Value_10Y_min--7.556--------
Intrinsic Value_1Y_max--0.399--------
Intrinsic Value_1Y_min--0.392--------
Intrinsic Value_3Y_max--1.579--------
Intrinsic Value_3Y_min--1.500--------
Intrinsic Value_5Y_max--3.219--------
Intrinsic Value_5Y_min--2.955--------
Market Cap274252960.000-2%279288957.220277028879.820+1%308208773.095-9%283142328.583-1%208728978.333+34%
Net Profit Margin---0.0710.215-133%0.006-1278%-0.066-7%-0.595+738%
Operating Margin---0.0590.041-245%0.002-3981%-0.122+105%-0.590+892%
Operating Ratio--1.0590.959+10%0.998+6%1.112-5%1.615-34%
Pb Ratio3.190-2%3.2433.425-5%4.336-25%5.119-37%3.882-16%
Pe Ratio-64.176+2%-65.25420.120-424%146.343-145%16.216-502%9.114-816%
Price Per Share19.640-2%19.97019.538+2%21.970-9%20.196-1%14.892+34%
Price To Free Cash Flow Ratio33.061-2%33.6177.834+329%128.366-74%-151.569+551%-105.513+414%
Price To Total Gains Ratio-193.015+2%-196.25821.017-1034%-22.866-88%417.372-147%337.901-158%
Quick Ratio--8.0289.888-19%9.683-17%6.484+24%5.010+60%
Return On Assets---0.0120.037-131%0.002-666%-0.010-12%-0.076+559%
Return On Equity---0.0120.039-132%0.002-710%-0.013+4%-0.110+782%
Total Gains Per Share---0.1020.279-136%0.017-703%0.178-157%0.212-148%
Usd Book Value--86112000.00081247750.000+6%71102000.000+21%57551000.000+50%47450655.172+81%
Usd Book Value Change Per Share---0.1020.279-136%0.017-703%0.178-157%0.212-148%
Usd Book Value Per Share--6.1575.730+7%5.071+21%4.100+50%3.354+84%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.0770.236-132%0.011-777%-0.012-84%-0.088+15%
Usd Free Cash Flow--2077000.0001481250.000+40%907500.000+129%488050.000+326%-969965.517+147%
Usd Free Cash Flow Per Share--0.1490.104+42%0.065+130%0.035+330%-0.057+138%
Usd Free Cash Flow To Equity Per Share---0.1560.003-5414%-0.044-72%0.080-295%0.085-283%
Usd Market Cap274252960.000-2%279288957.220277028879.820+1%308208773.095-9%283142328.583-1%208728978.333+34%
Usd Price Per Share19.640-2%19.97019.538+2%21.970-9%20.196-1%14.892+34%
Usd Profit---1070000.0003382250.000-132%154000.000-795%-154450.000-86%-1666206.897+56%
Usd Revenue--15061000.00015051000.000+0%13329500.000+13%11120800.000+35%8685551.724+73%
Usd Total Gains Per Share---0.1020.279-136%0.017-703%0.178-157%0.212-148%
 EOD+4 -4MRQTTM+13 -21YOY+12 -225Y+18 -1610Y+25 -9

4.2. Fundamental Score

Let's check the fundamental score of Red Violet Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-64.176
Price to Book Ratio (EOD)Between0-13.190
Net Profit Margin (MRQ)Greater than0-0.071
Operating Margin (MRQ)Greater than0-0.059
Quick Ratio (MRQ)Greater than18.028
Current Ratio (MRQ)Greater than18.256
Debt to Asset Ratio (MRQ)Less than10.074
Debt to Equity Ratio (MRQ)Less than10.080
Return on Equity (MRQ)Greater than0.15-0.012
Return on Assets (MRQ)Greater than0.05-0.012
Total4/10 (40.0%)

4.3. Technical Score

Let's check the technical score of Red Violet Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5068.350
Ma 20Greater thanMa 5018.163
Ma 50Greater thanMa 10018.263
Ma 100Greater thanMa 20019.052
OpenGreater thanClose18.300
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets92,990
Total Liabilities6,878
Total Stockholder Equity86,112
 As reported
Total Liabilities 6,878
Total Stockholder Equity+ 86,112
Total Assets = 92,990

Assets

Total Assets92,990
Total Current Assets40,280
Long-term Assets52,710
Total Current Assets
Cash And Cash Equivalents 32,032
Net Receivables 7,135
Other Current Assets 1,113
Total Current Assets  (as reported)40,280
Total Current Assets  (calculated)40,280
+/-0
Long-term Assets
Property Plant Equipment 3,049
Goodwill 5,227
Intangible Assets 34,403
Long-term Assets Other 146
Long-term Assets  (as reported)52,710
Long-term Assets  (calculated)42,825
+/- 9,885

Liabilities & Shareholders' Equity

Total Current Liabilities4,879
Long-term Liabilities1,999
Total Stockholder Equity86,112
Total Current Liabilities
Short-term Debt 569
Accounts payable 1,631
Other Current Liabilities 1,989
Total Current Liabilities  (as reported)4,879
Total Current Liabilities  (calculated)4,189
+/- 690
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt1,999
Long-term Liabilities  (as reported)1,999
Long-term Liabilities  (calculated)1,999
+/-0
Total Stockholder Equity
Common Stock14
Retained Earnings -7,873
Other Stockholders Equity 93,971
Total Stockholder Equity (as reported)86,112
Total Stockholder Equity (calculated)86,112
+/-0
Other
Capital Stock14
Cash and Short Term Investments 32,032
Common Stock Shares Outstanding 13,985
Current Deferred Revenue690
Liabilities and Stockholders Equity 92,990
Net Debt -29,464
Net Invested Capital 86,112
Net Working Capital 35,401
Property Plant and Equipment Gross 4,424
Short Long Term Debt Total 2,568



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-31
> Total Assets 
18,708
22,357
22,357
24,146
25,125
46,535
43,596
41,615
39,827
41,879
41,704
49,640
48,871
49,497
52,073
51,108
51,994
52,950
54,232
53,807
74,376
76,739
74,641
76,709
77,414
78,320
79,877
95,276
92,990
92,99095,27679,87778,32077,41476,70974,64176,73974,37653,80754,23252,95051,99451,10852,07349,49748,87149,64041,70441,87939,82741,61543,59646,53525,12524,14622,35722,35718,708
   > Total Current Assets 
1,701
1,916
1,916
2,118
2,274
22,621
18,711
15,567
13,149
11,400
10,426
17,556
16,041
15,609
17,334
15,977
16,739
17,451
18,566
18,087
38,593
40,417
37,438
38,595
38,116
38,017
39,249
42,193
40,280
40,28042,19339,24938,01738,11638,59537,43840,41738,59318,08718,56617,45116,73915,97717,33415,60916,04117,55610,42611,40013,14915,56718,71122,6212,2742,1181,9161,9161,701
       Cash And Cash Equivalents 
226
174
174
252
65
19,793
15,837
12,646
9,950
7,319
5,915
13,337
11,776
11,454
13,782
12,441
12,957
12,896
13,915
13,397
34,258
34,775
32,328
31,273
31,810
30,818
31,368
34,210
32,032
32,03234,21031,36830,81831,81031,27332,32834,77534,25813,39713,91512,89612,95712,44113,78211,45411,77613,3375,9157,3199,95012,64615,83719,79365252174174226
       Net Receivables 
694
911
911
1,351
1,650
2,032
2,031
2,185
2,265
2,788
3,626
3,325
3,543
3,039
2,691
2,920
3,201
3,582
3,386
4,040
3,736
4,561
4,157
6,473
5,535
5,889
6,556
6,805
7,135
7,1356,8056,5565,8895,5356,4734,1574,5613,7364,0403,3863,5823,2012,9202,6913,0393,5433,3253,6262,7882,2652,1852,0312,0321,6501,351911911694
       Other Current Assets 
781
0
0
0
559
796
843
736
934
1,293
885
894
722
1,116
861
616
581
973
1,265
650
599
1,081
953
849
771
1,310
1,325
1,178
1,113
1,1131,1781,3251,3107718499531,0815996501,2659735816168611,1167228948851,293934736843796559000781
   > Long-term Assets 
0
0
0
0
22,851
23,914
24,885
26,048
26,678
30,479
31,278
32,084
32,830
33,888
34,739
35,131
35,255
35,499
35,666
35,720
35,783
36,322
37,203
38,114
39,298
40,303
40,628
53,083
52,710
52,71053,08340,62840,30339,29838,11437,20336,32235,78335,72035,66635,49935,25535,13134,73933,88832,83032,08431,27830,47926,67826,04824,88523,91422,8510000
       Property Plant Equipment 
848
1,012
1,012
1,128
1,091
974
928
877
852
3,712
3,561
3,433
3,280
3,125
2,981
2,834
2,719
2,570
2,492
2,377
2,238
2,154
2,065
1,919
1,823
1,661
1,461
3,216
3,049
3,0493,2161,4611,6611,8231,9192,0652,1542,2382,3772,4922,5702,7192,8342,9813,1253,2803,4333,5613,7128528779289741,0911,1281,0121,012848
       Goodwill 
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,227
5,2275,2275,2275,2275,2275,2275,2275,2275,2275,2275,2275,2275,2275,2275,2275,2275,2275,2275,2275,2275,2275,2275,2275,2275,2275,2275,2275,2275,227
       Intangible Assets 
14,709
12,845
12,845
14,401
15,353
16,531
17,632
18,931
19,971
20,997
22,031
23,050
24,034
25,310
26,394
26,977
27,170
27,565
27,810
27,979
28,181
28,804
29,774
30,831
31,647
32,521
33,175
33,992
34,403
34,40333,99233,17532,52131,64730,83129,77428,80428,18127,97927,81027,56527,17026,97726,39425,31024,03423,05022,03120,99719,97118,93117,63216,53115,35314,40112,84512,84514,709
       Long-term Assets Other 
0
0
0
0
1,180
1,182
1,098
1,013
628
543
459
374
289
226
137
93
139
137
137
137
137
137
137
137
601
894
765
627
146
146627765894601137137137137137137137139931372262893744595436281,0131,0981,1821,1800000
> Total Liabilities 
3,491
10,848
10,848
8,343
7,389
6,273
4,779
3,697
3,549
6,555
6,453
7,585
6,787
6,085
8,383
7,894
8,649
7,786
4,798
4,588
4,947
5,521
4,699
4,554
6,321
4,900
4,109
5,585
6,878
6,8785,5854,1094,9006,3214,5544,6995,5214,9474,5884,7987,7868,6497,8948,3836,0856,7877,5856,4536,5553,5493,6974,7796,2737,3898,34310,84810,8483,491
   > Total Current Liabilities 
3,491
10,348
10,348
8,343
7,389
6,273
4,590
3,697
3,549
3,722
3,741
4,997
4,328
3,758
4,741
4,749
5,038
4,680
3,190
3,136
3,458
4,024
3,351
3,371
5,436
4,230
3,476
3,436
4,879
4,8793,4363,4764,2305,4363,3713,3514,0243,4583,1363,1904,6805,0384,7494,7413,7584,3284,9973,7413,7223,5493,6974,5906,2737,3898,34310,34810,3483,491
       Short-term Debt 
0
0
0
0
0
0
0
0
0
449
463
477
491
506
1,223
1,595
1,001
1,373
584
600
617
636
655
674
692
711
731
548
569
5695487317116926746556366176005841,3731,0011,5951,223506491477463449000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
449
0
0
0
0
702
1,059
449
806
0
0
0
0
0
0
0
0
0
0
0
000000000008064491,0597020000449000000000
       Accounts payable 
921
971
971
1,017
919
1,063
1,390
1,503
2,246
2,149
2,290
2,481
2,138
2,229
2,723
2,199
2,075
1,974
1,418
1,366
1,605
2,233
1,448
1,596
2,229
2,345
1,694
1,989
1,631
1,6311,9891,6942,3452,2291,5961,4482,2331,6051,3661,4181,9742,0752,1992,7232,2292,1382,4812,2902,1492,2461,5031,3901,0639191,017971971921
       Other Current Liabilities 
2,570
50
50
5,052
6,437
5,189
3,144
2,179
1,277
1,075
932
2,004
1,571
816
644
775
1,458
880
761
746
395
442
626
562
1,845
411
424
372
1,989
1,9893724244111,8455626264423957467618801,4587756448161,5712,0049321,0751,2772,1793,1445,1896,4375,05250502,570
   > Long-term Liabilities 
0
0
0
0
0
5,189
189
2,179
1,277
2,833
2,712
2,588
2,459
2,327
3,642
3,145
3,611
3,106
1,608
1,452
1,489
1,497
1,348
1,183
885
670
633
2,149
1,999
1,9992,1496336708851,1831,3481,4971,4891,4521,6083,1063,6113,1453,6422,3272,4592,5882,7122,8331,2772,1791895,18900000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,450
1,093
1,703
1,346
0
0
0
0
0
0
0
0
0
0
0
000000000001,3461,7031,0931,45000000000000000
       Other Liabilities 
0
500
500
52
0
0
190
0
0
0
0
0
0
0
0
0
0
0
0
0
198
373
395
405
287
0
411
0
0
004110287405395373198000000000000019000525005000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
198
373
395
405
287
257
0
0
0
00025728740539537319800000000000000000000
> Total Stockholder Equity
15,217
15,217
11,509
15,803
17,736
40,262
38,817
37,918
36,278
35,324
35,251
42,055
42,084
43,412
43,690
43,214
43,345
45,164
49,434
49,219
69,429
71,218
69,942
72,155
71,093
73,420
75,768
89,691
86,112
86,11289,69175,76873,42071,09372,15569,94271,21869,42949,21949,43445,16443,34543,21443,69043,41242,08442,05535,25135,32436,27837,91838,81740,26217,73615,80311,50915,21715,217
   Common Stock
15,217
11,509
11,509
15,803
17,736
10
10
10
10
10
10
12
12
12
12
13
13
13
13
13
13
14
14
14
14
14
14
14
14
14141414141414141313131313131212121210101010101017,73615,80311,50911,50915,217
   Retained Earnings Total Equity000-20,686-21,402-19,858-22,116-21,911-22,018-20,234-21,490-23,251-22,673-20,798-19,873-17,341-15,860-11,004-10,012-6,162-4,784-2,746-1,494000000
   Accumulated Other Comprehensive Income 000000000000000-850-85000-684-684000-6380000
   Capital Surplus 
0
0
0
0
0
40,252
40,301
40,654
41,052
41,476
45,253
54,302
59,187
61,996
64,806
67,082
66,005
68,402
70,911
69,440
91,434
93,115
92,178
92,017
92,481
94,293
0
0
0
00094,29392,48192,01792,17893,11591,43469,44070,91168,40266,00567,08264,80661,99659,18754,30245,25341,47641,05240,65440,30140,25200000
   Treasury Stock000-2010-18-134000000-3,083-1,255-1,255-1,255-1,25500000000000
   Other Stockholders Equity 
0
0
0
0
18,374
40,252
40,301
40,654
41,736
41,476
45,253
53,047
58,782
60,741
63,551
63,999
66,005
68,402
70,911
69,440
91,434
93,115
92,044
91,999
92,481
94,092
95,052
96,480
93,971
93,97196,48095,05294,09292,48191,99992,04493,11591,43469,44070,91168,40266,00563,99963,55160,74158,78253,04745,25341,47641,73640,65440,30140,25218,3740000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue60,204
Cost of Revenue-13,069
Gross Profit47,13547,135
 
Operating Income (+$)
Gross Profit47,135
Operating Expense-44,631
Operating Income2,5042,504
 
Operating Expense (+$)
Research Development0
Selling General Administrative22,446
Selling And Marketing Expenses13,833
Operating Expense44,63136,279
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-1,334
Net Interest Income1,334
 
Pretax Income (+$)
Operating Income2,504
Net Interest Income1,334
Other Non-Operating Income Expenses0
Income Before Tax (EBT)3,8381,170
EBIT - interestExpense = 2,504
3,838
13,529
Interest Expense0
Earnings Before Interest and Taxes (EBIT)2,5043,838
Earnings Before Interest and Taxes (EBITDA)10,856
 
After tax Income (+$)
Income Before Tax3,838
Tax Provision--9,691
Net Income From Continuing Ops13,52913,529
Net Income13,529
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses57,700
Total Other Income/Expenses Net1,334-1,334
 

Technical Analysis of Red Violet Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Red Violet Inc. The general trend of Red Violet Inc is BEARISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Red Violet Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-14.3%) Bearish trend (14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Red Violet Inc.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 19.53 < 19.54 < 20.94.

The bearish price targets are: 19.23 > 19.13 > 18.71.

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Red Violet Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Red Violet Inc. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Red Violet Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Red Violet Inc. The current macd is 0.08691964.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Red Violet Inc price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Red Violet Inc. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Red Violet Inc price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Red Violet Inc Daily Moving Average Convergence/Divergence (MACD) ChartRed Violet Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Red Violet Inc. The current adx is 15.21.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Red Violet Inc shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Red Violet Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Red Violet Inc. The current sar is 17.63.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Red Violet Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Red Violet Inc. The current rsi is 68.35. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Red Violet Inc Daily Relative Strength Index (RSI) ChartRed Violet Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Red Violet Inc. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Red Violet Inc price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Red Violet Inc Daily Stochastic Oscillator ChartRed Violet Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Red Violet Inc. The current cci is 347.33.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Red Violet Inc Daily Commodity Channel Index (CCI) ChartRed Violet Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Red Violet Inc. The current cmo is 53.44.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Red Violet Inc Daily Chande Momentum Oscillator (CMO) ChartRed Violet Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Red Violet Inc. The current willr is -13.77952756.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Red Violet Inc Daily Williams %R ChartRed Violet Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Red Violet Inc.

Red Violet Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Red Violet Inc. The current atr is 0.62610342.

Red Violet Inc Daily Average True Range (ATR) ChartRed Violet Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Red Violet Inc. The current obv is -1,079,688.

Red Violet Inc Daily On-Balance Volume (OBV) ChartRed Violet Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Red Violet Inc. The current mfi is 86.62.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
Red Violet Inc Daily Money Flow Index (MFI) ChartRed Violet Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Red Violet Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-16STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-12MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-17MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-24WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-31DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-27ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside

6.3. Candlestick Patterns

Red Violet Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Red Violet Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5068.350
Ma 20Greater thanMa 5018.163
Ma 50Greater thanMa 10018.263
Ma 100Greater thanMa 20019.052
OpenGreater thanClose18.300
Total1/5 (20.0%)
Penke

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