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Runway Growth Finance Corp
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Let's analyse Runway Growth Finance Corp together

PenkeI guess you are interested in Runway Growth Finance Corp. 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 Runway Growth Finance Corp. 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 Runway Growth Finance Corp (30 sec.)










What can you expect buying and holding a share of Runway Growth Finance Corp? (30 sec.)

How much money do you get?

How much money do you get?
$1.70
When do you have the money?
1 year
How often do you get paid?
95.0%

What is your share worth?

Current worth
$14.08
Expected worth in 1 year
$14.10
How sure are you?
85.0%

+ What do you gain per year?

Total Gains per Share
$1.72
Return On Investment
14.2%

For what price can you sell your share?

Current Price per Share
$12.12
Expected price per share
$10.96 - $13.74
How sure are you?
50%

1. Valuation of Runway Growth Finance Corp (5 min.)




Live pricePrice per Share (EOD)

$12.12

Intrinsic Value Per Share

$125.97 - $153.03

Total Value Per Share

$140.05 - $167.11

2. Growth of Runway Growth Finance Corp (5 min.)




Is Runway Growth Finance Corp growing?

Current yearPrevious yearGrowGrow %
How rich?$570.4m$589.1m-$16.6m-2.9%

How much money is Runway Growth Finance Corp making?

Current yearPrevious yearGrowGrow %
Making money$5.2m$11.6m-$6.4m-122.3%
Net Profit Margin35.1%51.1%--

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

3. Financial Health of Runway Growth Finance Corp (5 min.)




4. Comparing to competitors in the Credit Services industry (5 min.)




  Industry Rankings (Credit Services)  


Richest
#81 / 256

Most Revenue
#164 / 256

Most Profit
#131 / 256

What can you expect buying and holding a share of Runway Growth Finance Corp? (5 min.)

Welcome investor! Runway Growth Finance Corp's management wants to use your money to grow the business. In return you get a share of Runway Growth Finance Corp.

What can you expect buying and holding a share of Runway Growth Finance Corp?

First you should know what it really means to hold a share of Runway Growth Finance Corp. And how you can make/lose money.

Speculation

The Price per Share of Runway Growth Finance Corp is $12.12. 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 Runway Growth Finance Corp.
  • 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 Runway Growth Finance Corp, 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 $14.08. Based on the TTM, the Book Value Change Per Share is $0.00 per quarter. Based on the YOY, the Book Value Change Per Share is $0.41 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 $0.43 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Runway Growth Finance Corp.

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 Eps0.373.0%0.131.1%0.191.6%0.141.2%0.141.1%
Usd Book Value Change Per Share-0.08-0.7%0.000.0%0.413.3%0.554.6%0.705.8%
Usd Dividend Per Share0.453.7%0.433.5%0.292.4%0.231.9%0.221.8%
Usd Total Gains Per Share0.373.0%0.433.5%0.695.7%0.786.4%0.927.6%
Usd Price Per Share12.82-12.22-12.27-5.16-5.13-
Price to Earnings Ratio8.76-5.09-4.49-2.02-1.92-
Price-to-Total Gains Ratio35.04-33.65-30.71-32.18-28.75-
Price to Book Ratio0.91-0.87-0.86-0.36-0.41-
Price-to-Total Gains Ratio35.04-33.65-30.71-32.18-28.75-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share12.12
Number of shares82
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.430.23
Usd Book Value Change Per Share0.000.55
Usd Total Gains Per Share0.430.78
Gains per Quarter (82 shares)35.1864.04
Gains per Year (82 shares)140.73256.18
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1140113175181246
22792272150363502
34193413224544758
455855542997251014
569866953749071270
6838783644910881526
7977897752412691782
811179111859914512038
9125610125967316322294
10139611140074818132550

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%10.02.00.083.3%11.02.06.057.9%11.02.07.055.0%11.02.07.055.0%
Book Value Change Per Share2.02.00.050.0%6.06.00.050.0%11.06.02.057.9%12.06.02.060.0%12.06.02.060.0%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%19.00.00.0100.0%19.00.01.095.0%19.00.01.095.0%
Total Gains per Share4.00.00.0100.0%9.03.00.075.0%16.03.00.084.2%17.03.00.085.0%17.03.00.085.0%

Fundamentals of Runway Growth Finance Corp

About Runway Growth Finance Corp

Runway Growth Finance Corp. is a business development company specializing investments in senior-secured loans to late stage and growth companies. It prefers to make investments in companies engaged in the technology, life sciences, healthcare and information services, business services and select consumer services and products sectors. It prefers to investments in companies engaged in electronic equipment and instruments, systems software, hardware, storage and peripherals and specialized consumer services, application software, healthcare technology, internet software and services, data processing and outsourced services, internet retail, human resources and employment services, biotechnology, healthcare equipment and education services. It invests in senior secured loans between $10 million and $75 million.

Fundamental data was last updated by Penke on 2024-03-09 19:24:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient 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 very efficient.
The company is 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 cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Runway Growth Finance Corp.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Runway Growth Finance Corp earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Runway Growth Finance Corp to the Credit Services industry mean.
  • A Net Profit Margin of 90.9% means that $0.91 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Runway Growth Finance Corp:

  • The MRQ is 90.9%. The company is making a huge profit. +2
  • The TTM is 35.1%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ90.9%TTM35.1%+55.8%
TTM35.1%YOY51.1%-16.0%
TTM35.1%5Y41.3%-6.3%
5Y41.3%10Y39.3%+2.1%
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
MRQ90.9%12.3%+78.6%
TTM35.1%14.2%+20.9%
YOY51.1%18.5%+32.6%
5Y41.3%16.3%+25.0%
10Y39.3%15.7%+23.6%
1.1.2. Return on Assets

Shows how efficient Runway Growth Finance Corp is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Runway Growth Finance Corp to the Credit Services industry mean.
  • 1.4% Return on Assets means that Runway Growth Finance Corp generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Runway Growth Finance Corp:

  • The MRQ is 1.4%. Using its assets, the company is less efficient in making profit.
  • The TTM is 0.5%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.4%TTM0.5%+0.9%
TTM0.5%YOY1.4%-0.9%
TTM0.5%5Y0.9%-0.4%
5Y0.9%10Y0.9%+0.0%
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4%0.8%+0.6%
TTM0.5%0.9%-0.4%
YOY1.4%0.9%+0.5%
5Y0.9%0.8%+0.1%
10Y0.9%0.8%+0.1%
1.1.3. Return on Equity

Shows how efficient Runway Growth Finance Corp is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Runway Growth Finance Corp to the Credit Services industry mean.
  • 2.6% Return on Equity means Runway Growth Finance Corp generated $0.03 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Runway Growth Finance Corp:

  • The MRQ is 2.6%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.6%TTM0.9%+1.7%
TTM0.9%YOY2.0%-1.1%
TTM0.9%5Y1.3%-0.3%
5Y1.3%10Y1.2%+0.1%
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.6%3.2%-0.6%
TTM0.9%3.3%-2.4%
YOY2.0%3.5%-1.5%
5Y1.3%3.2%-1.9%
10Y1.2%3.4%-2.2%

1.2. Operating Efficiency of Runway Growth Finance Corp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Runway Growth Finance Corp is operating .

  • Measures how much profit Runway Growth Finance Corp 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 Runway Growth Finance Corp to the Credit Services industry mean.
  • An Operating Margin of 135.1% means the company generated $1.35  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Runway Growth Finance Corp:

  • The MRQ is 135.1%. The company is operating very efficient. +2
  • The TTM is 141.3%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ135.1%TTM141.3%-6.2%
TTM141.3%YOY36.8%+104.5%
TTM141.3%5Y37.5%+103.8%
5Y37.5%10Y35.6%+1.9%
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
MRQ135.1%21.1%+114.0%
TTM141.3%19.0%+122.3%
YOY36.8%26.3%+10.5%
5Y37.5%21.7%+15.8%
10Y35.6%25.3%+10.3%
1.2.2. Operating Ratio

Measures how efficient Runway Growth Finance Corp is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Credit Services industry mean).
  • An Operation Ratio of 0.69 means that the operating costs are $0.69 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Runway Growth Finance Corp:

  • The MRQ is 0.693. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.604. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.693TTM0.604+0.089
TTM0.604YOY0.669-0.065
TTM0.6045Y0.412+0.192
5Y0.41210Y0.416-0.004
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6930.817-0.124
TTM0.6040.814-0.210
YOY0.6690.799-0.130
5Y0.4120.716-0.304
10Y0.4160.709-0.293

1.3. Liquidity of Runway Growth Finance Corp.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Runway Growth Finance Corp is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Credit Services industry mean).
  • A Current Ratio of 2.88 means the company has $2.88 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Runway Growth Finance Corp:

  • The MRQ is 2.878. The company is able to pay all its short-term debts. +1
  • The TTM is 47.784. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ2.878TTM47.784-44.906
TTM47.784YOY272.157-224.373
TTM47.7845Y67.379-19.595
5Y67.37910Y64.010+3.369
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8783.006-0.128
TTM47.7843.353+44.431
YOY272.1572.540+269.617
5Y67.3794.074+63.305
10Y64.0104.335+59.675
1.3.2. Quick Ratio

Measures if Runway Growth Finance Corp is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Runway Growth Finance Corp to the Credit Services industry mean.
  • A Quick Ratio of 2.88 means the company can pay off $2.88 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Runway Growth Finance Corp:

  • The MRQ is 2.878. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 93.637. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.878TTM93.637-90.759
TTM93.637YOY538.925-445.288
TTM93.6375Y133.197-39.559
5Y133.19710Y126.537+6.660
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8781.975+0.903
TTM93.6372.227+91.410
YOY538.9251.916+537.009
5Y133.1973.814+129.383
10Y126.5373.638+122.899

1.4. Solvency of Runway Growth Finance Corp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Runway Growth Finance Corp assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Runway Growth Finance Corp to Credit Services industry mean.
  • A Debt to Asset Ratio of 0.45 means that Runway Growth Finance Corp assets are financed with 44.8% credit (debt) and the remaining percentage (100% - 44.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Runway Growth Finance Corp:

  • The MRQ is 0.448. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.489. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.448TTM0.489-0.041
TTM0.489YOY0.266+0.223
TTM0.4895Y0.212+0.277
5Y0.21210Y0.201+0.011
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4480.729-0.281
TTM0.4890.716-0.227
YOY0.2660.709-0.443
5Y0.2120.711-0.499
10Y0.2010.694-0.493
1.4.2. Debt to Equity Ratio

Measures if Runway Growth Finance Corp is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Runway Growth Finance Corp to the Credit Services industry mean.
  • A Debt to Equity ratio of 81.3% means that company has $0.81 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Runway Growth Finance Corp:

  • The MRQ is 0.813. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.961. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.813TTM0.961-0.148
TTM0.961YOY0.378+0.582
TTM0.9615Y0.352+0.609
5Y0.35210Y0.334+0.018
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8132.575-1.762
TTM0.9612.383-1.422
YOY0.3782.317-1.939
5Y0.3522.329-1.977
10Y0.3342.391-2.057

2. Market Valuation of Runway Growth Finance Corp

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 Runway Growth Finance Corp generates.

  • Above 15 is considered overpriced but always compare Runway Growth Finance Corp to the Credit Services industry mean.
  • A PE ratio of 8.76 means the investor is paying $8.76 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Runway Growth Finance Corp:

  • The EOD is 8.281. Based on the earnings, the company is underpriced. +1
  • The MRQ is 8.759. Based on the earnings, the company is underpriced. +1
  • The TTM is 5.086. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD8.281MRQ8.759-0.478
MRQ8.759TTM5.086+3.673
TTM5.086YOY4.491+0.595
TTM5.0865Y2.016+3.070
5Y2.01610Y1.916+0.101
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
EOD8.2816.828+1.453
MRQ8.7596.289+2.470
TTM5.0866.585-1.499
YOY4.4917.303-2.812
5Y2.0168.537-6.521
10Y1.91611.727-9.811
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Runway Growth Finance Corp:

  • The EOD is 1.198. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 1.267. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -1.147. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD1.198MRQ1.267-0.069
MRQ1.267TTM-1.147+2.414
TTM-1.147YOY-3.180+2.033
TTM-1.1475Y-0.911-0.236
5Y-0.91110Y-1.418+0.507
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
EOD1.198-0.705+1.903
MRQ1.267-0.673+1.940
TTM-1.147-0.310-0.837
YOY-3.180-0.451-2.729
5Y-0.911-0.002-0.909
10Y-1.4180.006-1.424
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Runway Growth Finance Corp is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Credit Services industry mean).
  • A PB ratio of 0.91 means the investor is paying $0.91 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Runway Growth Finance Corp:

  • The EOD is 0.861. Based on the equity, the company is cheap. +2
  • The MRQ is 0.910. Based on the equity, the company is cheap. +2
  • The TTM is 0.869. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.861MRQ0.910-0.050
MRQ0.910TTM0.869+0.041
TTM0.869YOY0.857+0.012
TTM0.8695Y0.363+0.506
5Y0.36310Y0.410-0.047
Compared to industry (Credit Services)
PeriodCompanyIndustry (mean)+/- 
EOD0.8610.926-0.065
MRQ0.9100.857+0.053
TTM0.8690.860+0.009
YOY0.8571.071-0.214
5Y0.3631.235-0.872
10Y0.4101.430-1.020
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Runway Growth Finance Corp.

3.1. Institutions holding Runway Growth Finance Corp

Institutions are holding 65.531% of the shares of Runway Growth Finance Corp.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-09-30Oaktree Capital Management LLC51.97493.91632105466700
2023-09-30HighTower Advisors, LLC2.56690.0251103985057510.5561
2023-09-30JPMorgan Chase & Co2.1390.001286650615640022.0249
2023-09-30Bard Associates Inc0.74271.59673008505050.1681
2023-09-30Legal & General Group PLC0.73350.001329712610482154.5077
2023-09-30U.S. Bancorp0.73350.0062297116-48081-13.9286
2023-09-30Roumell Asset Management, LLC0.64656.749926189700
2023-09-30Edge Capital Group, LLC0.43630.1469176759-18178-9.3251
2023-09-30Hennion & Walsh Asset Management Inc0.4160.13781685255826452.8419
2023-09-30Two Sigma Investments LLC0.39060.00551582263912032.8447
2023-09-30Ares Management LLC0.36690.0495148637-203675-57.811
2023-09-30Two Sigma Advisers, LLC0.36020.00481459001430010.8663
2023-09-30Putnam Investments LLC0.34260.00271387771753514.4628
2023-09-30Alpine Partners VI, LLC0.33990.44611377004948956.103
2023-09-30Greenwich Investment Management Inc0.28441.1696115202-3800-3.1932
2023-09-30Citadel Advisors Llc0.24960.00031011074044466.67
2023-09-30Morgan Stanley - Brokerage Accounts0.20850.00018447751180153.7075
2023-09-30BlackRock Inc0.1517061449-30590-33.2359
2023-09-30TOWNSQUARE CAPITAL LLC0.12920.01225232942678.8781
2023-09-30Ameriprise Financial Inc0.12360.0002500731686250.7723
Total 63.336514.272425657173+254614+1.0%

3.2. Funds holding Runway Growth Finance Corp

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-02-29Invesco KBW High Dividend Yld Fincl ETF2.23123.3162903851100171.1207
2024-01-31Putnam BDC Income ETF0.31692.894312835787907.3515
2023-09-30Undrly L&G Pen PMC Multi Asset0.31330.0061269351269350
2023-12-31Undrly L&G Pen PMC Diversified0.18270.006874024740240
2024-02-27iShares Listed Private Eq ETF USD Dist0.15670.11236347300
2024-02-29Virtus Private Credit ETF0.09681.51913922400
2024-02-29Invesco FTSE RAFI US 1500 Small-Mid ETF0.07940.01873217200
2024-01-31Eika Global0.07180.07832910100
2023-12-31Fidelity Nasdaq Composite Index0.04510.00161825300
2024-02-28FlexShares® Listed Priv Eq ETF USD Acc0.03560.074614407850.5935
2024-01-31Eika Spar0.0270.01671092300
2023-10-31Virtus AlphaSimplex Global Alts I0.01790.0483727172710
2024-02-29Sound Enhanced Fixed Income ETF0.01390.2282562200
2023-12-31Victory Extended Market Index0.01330.0088539353930
2024-01-31Mediobanca SICAV PE Strat C0.01230.0534500000
2024-02-29Kingsbarn Dividend Opportunity ETF0.00958.9571384300
2023-09-30Blackstone Alternative Multi-Strategy I0.00520.000721001005
2024-02-27AAM Business Dev Co Opps 2023-2 CA0.00023.09910000
2024-02-26ST CEFA Select BDC 29 CA0.00026.904710000
2024-02-26ST CEFA Select BDC 27 CA0.00025.155810000
Total 3.629232.50061470249+232615+15.8%

3.3. Insider Transactions

Insiders are holding 0.976% of the shares of Runway Growth Finance Corp.

DateOwnerTypeAmountPricePost Transaction AmountLink
2023-12-18Ocm Growth Holdings LlcSELL1236512.76
2023-12-15Ocm Growth Holdings LlcSELL23763512.69
2023-12-12Ocm Growth Holdings LlcSELL56250012.06
2023-11-27R David SprengBUY802212.8
2023-11-22R David SprengBUY966212.64
2023-11-21Thomas B RatermanBUY768912.53
2023-11-20R David SprengBUY750012.39
2023-11-17R David SprengBUY660012.29
2023-11-13Ocm Growth Holdings LlcSELL375000012.06
2023-06-06R David SprengBUY12512.47
2023-05-12Thomas B RatermanBUY250010.74
2023-03-28Multi-strategy Mast BrookfieldSELL2474411.96
2023-03-16R David SprengBUY959611.34
2023-03-16Thomas B RatermanBUY300011.35

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Runway Growth Finance Corp 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---0.0840.003-2547%0.406-121%0.553-115%0.704-112%
Book Value Per Share--14.08314.059+0%14.304-2%11.830+19%11.418+23%
Current Ratio--2.87847.784-94%272.157-99%67.379-96%64.010-96%
Debt To Asset Ratio--0.4480.489-8%0.266+68%0.212+111%0.201+123%
Debt To Equity Ratio--0.8130.961-15%0.378+115%0.352+131%0.334+143%
Dividend Per Share--0.4500.426+6%0.288+56%0.228+97%0.217+108%
Eps--0.3660.133+174%0.191+92%0.142+157%0.135+171%
Free Cash Flow Per Share--2.530-0.108+104%-1.401+155%-0.798+132%-0.763+130%
Free Cash Flow To Equity Per Share---0.5630.057-1094%0.029-2026%0.032-1863%0.025-2344%
Gross Profit Margin--1.0001.0000%1.0000%0.684+46%0.650+54%
Intrinsic Value_10Y_max--153.029--------
Intrinsic Value_10Y_min--125.970--------
Intrinsic Value_1Y_max---0.203--------
Intrinsic Value_1Y_min---0.208--------
Intrinsic Value_3Y_max--11.232--------
Intrinsic Value_3Y_min--10.484--------
Intrinsic Value_5Y_max--36.943--------
Intrinsic Value_5Y_min--33.270--------
Market Cap490972716.000-6%519329226.000497649551.565+4%505531450.440+3%211196000.422+146%210014103.351+147%
Net Profit Margin--0.9090.351+159%0.511+78%0.413+120%0.393+131%
Operating Margin--1.3511.413-4%0.368+267%0.375+260%0.356+279%
Operating Ratio--0.6930.604+15%0.669+4%0.412+68%0.416+66%
Pb Ratio0.861-6%0.9100.869+5%0.857+6%0.363+150%0.410+122%
Pe Ratio8.281-6%8.7595.086+72%4.491+95%2.016+334%1.916+357%
Price Per Share12.120-6%12.82012.223+5%12.270+4%5.156+149%5.130+150%
Price To Free Cash Flow Ratio1.198-6%1.267-1.147+191%-3.180+351%-0.911+172%-1.418+212%
Price To Total Gains Ratio33.125-6%35.03833.653+4%30.705+14%32.179+9%28.747+22%
Quick Ratio--2.87893.637-97%538.925-99%133.197-98%126.537-98%
Return On Assets--0.0140.005+194%0.014+2%0.009+60%0.009+68%
Return On Equity--0.0260.009+180%0.020+31%0.013+103%0.012+114%
Total Gains Per Share--0.3660.429-15%0.693-47%0.781-53%0.921-60%
Usd Book Value--570491000.000572562000.0000%589183139.500-3%484043209.526+18%467088567.400+22%
Usd Book Value Change Per Share---0.0840.003-2547%0.406-121%0.553-115%0.704-112%
Usd Book Value Per Share--14.08314.059+0%14.304-2%11.830+19%11.418+23%
Usd Dividend Per Share--0.4500.426+6%0.288+56%0.228+97%0.217+108%
Usd Eps--0.3660.133+174%0.191+92%0.142+157%0.135+171%
Usd Free Cash Flow--102489000.000-5413113.000+105%-57580202.000+156%-32819416.895+132%-31390688.350+131%
Usd Free Cash Flow Per Share--2.530-0.108+104%-1.401+155%-0.798+132%-0.763+130%
Usd Free Cash Flow To Equity Per Share---0.5630.057-1094%0.029-2026%0.032-1863%0.025-2344%
Usd Market Cap490972716.000-6%519329226.000497649551.565+4%505531450.440+3%211196000.422+146%210014103.351+147%
Usd Price Per Share12.120-6%12.82012.223+5%12.270+4%5.156+149%5.130+150%
Usd Profit--14822000.0005258958.000+182%11690839.000+27%6619540.947+124%6288563.900+136%
Usd Revenue--16310000.00018763685.000-13%10387128.500+57%13619074.474+20%13106649.300+24%
Usd Total Gains Per Share--0.3660.429-15%0.693-47%0.781-53%0.921-60%
 EOD+4 -4MRQTTM+19 -16YOY+17 -185Y+21 -1510Y+21 -15

4.2. Fundamental Score

Let's check the fundamental score of Runway Growth Finance Corp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-158.281
Price to Book Ratio (EOD)Between0-10.861
Net Profit Margin (MRQ)Greater than00.909
Operating Margin (MRQ)Greater than01.351
Quick Ratio (MRQ)Greater than12.878
Current Ratio (MRQ)Greater than12.878
Debt to Asset Ratio (MRQ)Less than10.448
Debt to Equity Ratio (MRQ)Less than10.813
Return on Equity (MRQ)Greater than0.150.026
Return on Assets (MRQ)Greater than0.050.014
Total8/10 (80.0%)

4.3. Technical Score

Let's check the technical score of Runway Growth Finance Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.919
Ma 20Greater thanMa 5012.310
Ma 50Greater thanMa 10012.763
Ma 100Greater thanMa 20012.502
OpenGreater thanClose12.140
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in USD. All numbers in thousands.

Summary
Total Assets1,034,191
Total Liabilities463,700
Total Stockholder Equity570,491
 As reported
Total Liabilities 463,700
Total Stockholder Equity+ 570,491
Total Assets = 1,034,191

Assets

Total Assets1,034,191
Total Current Assets23,097
Long-term Assets1,010,927
Total Current Assets
Cash And Cash Equivalents 14,945
Net Receivables 8,152
Total Current Assets  (as reported)23,097
Total Current Assets  (calculated)23,097
+/-0
Long-term Assets
Long Term Investments 1,010,927
Other Assets 167
Long-term Assets  (as reported)1,010,927
Long-term Assets  (calculated)1,011,094
+/- 167

Liabilities & Shareholders' Equity

Total Current Liabilities8,025
Long-term Liabilities440,985
Total Stockholder Equity570,491
Total Current Liabilities
Short-term Debt -4,754
Accounts payable 8,025
Other Current Liabilities -8,025
Total Current Liabilities  (as reported)8,025
Total Current Liabilities  (calculated)-4,754
+/- 12,779
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt4,754
Long-term Liabilities  (as reported)440,985
Long-term Liabilities  (calculated)4,754
+/- 436,231
Total Stockholder Equity
Common Stock414
Retained Earnings -24,881
Other Stockholders Equity 594,958
Total Stockholder Equity (as reported)570,491
Total Stockholder Equity (calculated)570,491
+/-0
Other
Capital Stock414
Cash and Short Term Investments 14,945
Common Stock Shares Outstanding 40,509
Current Deferred Revenue12,779
Liabilities and Stockholders Equity 1,034,191
Net Debt 426,040
Net Invested Capital 1,011,476
Net Working Capital 15,072
Short Long Term Debt Total 440,985



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-30
> Total Assets 
25
25
4,186
2,841
41,615
81,412
0
144,950
208,765
209,366
0
317,130
390,795
423,653
0
431,478
460,817
523,921
639,891
619,723
621,381
651,253
738,347
762,098
818,440
922,269
1,141,766
1,173,453
1,141,641
1,034,191
1,034,1911,141,6411,173,4531,141,766922,269818,440762,098738,347651,253621,381619,723639,891523,921460,817431,4780423,653390,795317,1300209,366208,765144,950081,41241,6152,8414,1862525
   > Total Current Assets 
25
25
1,040
1,274
5,018
4,971
0
4,339
2,585
14,602
0
4,297
16,242
4,761
0
19,014
5,261
3,772
15,245
4,475
3,355
3,130
662,450
7,131
810,165
915,522
1,127,437
12,483
45,850
23,097
23,09745,85012,4831,127,437915,522810,1657,131662,4503,1303,3554,47515,2453,7725,26119,01404,76116,2424,297014,6022,5854,33904,9715,0181,2741,0402525
       Cash And Cash Equivalents 
25
25
1,040
1,274
4,984
4,744
0
3,897
1,948
13,389
0
3,001
14,326
2,668
0
16,814
3,006
1,378
14,886
1,781
893
937
4,697
3,510
6,810
5,774
5,761
3,271
37,740
14,945
14,94537,7403,2715,7615,7746,8103,5104,6979378931,78114,8861,3783,00616,81402,66814,3263,001013,3891,9483,89704,7444,9841,2741,0402525
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
655,384
0
799,855
903,522
1,114,935
34,974
0
0
0034,9741,114,935903,522799,8550655,3840000000000000000000000
       Net Receivables 
0
0
0
0
34
227
0
442
637
1,213
0
1,296
1,916
2,092
0
2,199
2,256
2,394
3,041
2,695
2,463
3,333
3,185
3,620
3,500
6,226
6,741
9,212
8,110
8,152
8,1528,1109,2126,7416,2263,5003,6203,1853,3332,4632,6953,0412,3942,2562,19902,0921,9161,29601,2136374420227340000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-816
0
799,855
-12,000
-12,502
-47,457
-45,850
-23,097
-23,097-45,850-47,457-12,502-12,000799,8550-8160000000000000000000000
   > Long-term Assets 
0
0
3,146
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
624,646
0
617,617
646,353
729,516
754,289
807,729
910,169
1,136,005
1,160,316
1,095,321
1,010,927
1,010,9271,095,3211,160,3161,136,005910,169807,729754,289729,516646,353617,6170624,6460000000000000003,14600
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
621,827
0
617,617
646,353
729,516
754,289
807,729
4,403
1,126,309
9,212
1,095,321
1,010,927
1,010,9271,095,3219,2121,126,3094,403807,729754,289729,516646,353617,6170621,827000000000000000000
       Other Assets 
0
0
0
1,567
36,596
76,442
0
140,612
206,180
194,764
0
312,833
374,552
418,893
0
412,464
455,556
520,149
639,891
615,248
409
1,770
-653,619
677
-799,453
-903,422
-1,121,676
654
470
167
167470654-1,121,676-903,422-799,453677-653,6191,770409615,248639,891520,149455,556412,4640418,893374,552312,8330194,764206,180140,612076,44236,5961,567000
> Total Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
72,563
0
173,648
0
143,642
147,052
132,153
164,632
239,028
348,608
565,714
603,646
567,743
463,700
463,700567,743603,646565,714348,608239,028164,632132,153147,052143,6420173,648072,5630000000000000000
   > Total Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
54
0
70,118
0
20,661
60,511
79,488
924
1,031
3,195
6,221
8,341
8,291
8,025
8,0258,2918,3416,2213,1951,03192479,48860,51120,661070,1180540000000000000000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
79,488
-2,261
0
336,545
548,957
583,923
-2,526
-4,754
-4,754-2,526583,923548,957336,5450-2,26179,4880000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
70,118
0
20,661
60,511
45,024
924
1,031
3,195
6,221
8,341
8,291
8,025
8,0258,2918,3416,2213,1951,03192445,02460,51120,661070,118000000000000000000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
72,509
0
167,067
0
135,536
138,446
124,263
924
228,606
3,195
6,221
8,341
547,273
440,985
440,985547,2738,3416,2213,195228,606924124,263138,446135,5360167,067072,5090000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
336,545
548,957
583,923
0
0
00583,923548,957336,5450000000000000000000000000
> Total Stockholder Equity
0
0
3,477
2,594
41,356
81,190
0
128,444
130,378
163,546
0
237,984
292,336
295,071
0
376,392
388,254
397,402
466,244
473,477
477,739
504,201
606,194
597,466
579,412
573,660
576,052
569,807
573,898
570,491
570,491573,898569,807576,052573,660579,412597,466606,194504,201477,739473,477466,244397,402388,254376,3920295,071292,336237,9840163,546130,378128,444081,19041,3562,5943,47700
   Common Stock
0
0
3
3
30
57
0
87
87
109
0
157
198
203
0
264
269
275
314
321
327
345
414
413
414
414
414
414
414
414
414414414414414414413414345327321314275269264020319815701098787057303300
   Retained Earnings 
0
0
0
0
0
0
0
1,372
2,720
3,640
0
0
0
0
0
0
0
0
-943
0
-8,343
-9,227
-267
-8,587
-21,786
-23,515
-19,320
-25,565
-21,474
-24,881
-24,881-21,474-25,565-19,320-23,515-21,786-8,587-267-9,227-8,3430-943000000003,6402,7201,3720000000
   Accumulated Other Comprehensive Income 000000000000000000000000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
606,064
605,774
605,774
0
0
00605,774605,774606,0640000000000000000000000000
   Treasury Stock0000-9,3020000000000000000000000000



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 (+$)
totalRevenue77,733
Cost of Revenue--
Gross Profit-77,733
 
Operating Income (+$)
Gross Profit-
Operating Expense--
Operating Income-0
 
Operating Expense (+$)
Research Development-
Selling General Administrative6,770
Selling And Marketing Expenses-
Operating Expense-6,770
 
Net Interest Income (+$)
Interest Income156,894
Interest Expense-38,231
Other Finance Cost-0
Net Interest Income118,663
 
Pretax Income (+$)
Operating Income-
Net Interest Income118,663
Other Non-Operating Income Expenses-
Income Before Tax (EBT)67,6180
EBIT - interestExpense = -38,231
67,618
105,849
Interest Expense38,231
Earnings Before Interest and Taxes (EBIT)-105,849
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax67,618
Tax Provision--
Net Income From Continuing Ops67,61867,618
Net Income67,618
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net--118,663
 

Technical Analysis of Runway Growth Finance Corp
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 Runway Growth Finance Corp. The general trend of Runway Growth Finance Corp is NEUTRAL with 0.0% 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 Runway Growth Finance Corp'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 (0.0%) Bearish trend (0.0%)
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 Runway Growth Finance Corp.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 12.18 < 13.74.

The bearish price targets are: 11.48 > 10.99 > 10.96.

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Runway Growth Finance Corp 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 Runway Growth Finance Corp. The current mas is .

The long score for the Moving Averages is 7/14.
The longshort score for the Moving Averages is 0/(-14 +14).

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

Runway Growth Finance Corp 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 Runway Growth Finance Corp. The current macd is -0.27571975.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-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 Runway Growth Finance Corp price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Runway Growth Finance Corp. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Runway Growth Finance Corp price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -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
Runway Growth Finance Corp Daily Moving Average Convergence/Divergence (MACD) ChartRunway Growth Finance Corp 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 Runway Growth Finance Corp. The current adx is 40.02.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Runway Growth Finance Corp shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Runway Growth Finance Corp 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 Runway Growth Finance Corp. The current sar is 12.49.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Runway Growth Finance Corp 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 Runway Growth Finance Corp. The current rsi is 43.92. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Runway Growth Finance Corp Daily Relative Strength Index (RSI) ChartRunway Growth Finance Corp 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 Runway Growth Finance Corp. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • 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 Runway Growth Finance Corp price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Runway Growth Finance Corp Daily Stochastic Oscillator ChartRunway Growth Finance Corp 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 Runway Growth Finance Corp. The current cci is -21.4528652.

Runway Growth Finance Corp Daily Commodity Channel Index (CCI) ChartRunway Growth Finance Corp 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 Runway Growth Finance Corp. The current cmo is -6.05046769.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Runway Growth Finance Corp Daily Chande Momentum Oscillator (CMO) ChartRunway Growth Finance Corp 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 Runway Growth Finance Corp. The current willr is -21.95121951.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Runway Growth Finance Corp is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Runway Growth Finance Corp Daily Williams %R ChartRunway Growth Finance Corp 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 Runway Growth Finance Corp.

Runway Growth Finance Corp 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 Runway Growth Finance Corp. The current atr is 0.26784892.

Runway Growth Finance Corp Daily Average True Range (ATR) ChartRunway Growth Finance Corp 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 Runway Growth Finance Corp. The current obv is -180,481.

Runway Growth Finance Corp Daily On-Balance Volume (OBV) ChartRunway Growth Finance Corp 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 Runway Growth Finance Corp. The current mfi is 45.64.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Runway Growth Finance Corp Daily Money Flow Index (MFI) ChartRunway Growth Finance Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Runway Growth Finance Corp.

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
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
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).
2023-11-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-15MACD 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).
2023-12-18CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-26DMI 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.
2023-12-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-02DMI 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
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04STOCH 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).
2024-01-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-02CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-09ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-12STOCH 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).
2024-02-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08DMI 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-11RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.

6.3. Candlestick Patterns

Runway Growth Finance Corp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Runway Growth Finance Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.919
Ma 20Greater thanMa 5012.310
Ma 50Greater thanMa 10012.763
Ma 100Greater thanMa 20012.502
OpenGreater thanClose12.140
Total3/5 (60.0%)
Penke

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