Rollins Correlations

ROL Stock

USD 51.38 0.12 0.23%

A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rollins moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rollins moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Rollins Correlation With Market

Modest diversification

The correlation between Rollins and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rollins and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rollins. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Rollins Stock please use our How to buy in Rollins Stock guide.

Moving together with Rollins Stock

0.73	G	Genpact Limited Sell-off Trend	Pair Corr
0.7	BR	Broadridge Financial	Pair Corr
0.94	WM	Waste Management	Pair Corr
0.91	VRSK	Verisk Analytics	Pair Corr

Moving against Rollins Stock

0.46	AWX	Avalon Holdings	Pair Corr
0.43	ESGL	ESGL Holdings Limited	Pair Corr
0.35	DLHC	DLH Holdings Corp	Pair Corr
0.67	CXW	CoreCivic Sell-off Trend	Pair Corr
0.51	DNB	Dun Bradstreet Holdings	Pair Corr
0.51	NCI	Neo Concept Internat	Pair Corr
0.47	MMS	Maximus	Pair Corr
0.41	MHH	Mastech Holdings	Pair Corr
0.39	DLX	Deluxe	Pair Corr
0.34	KBR	KBR Inc	Pair Corr
0.32	FVRR	Fiverr International	Pair Corr

Related Correlations Analysis

	DSEY	CSV	FTDR	MCW	BFAM	HRB	SCI	EM
DSEY		0.0	0.0	0.0	0.0	0.0	0.0	0.0	DSEY
CSV	0.0		0.48	0.35	0.61	-0.28	-0.26	0.51	CSV
FTDR	0.0	0.48		0.6	0.58	0.05	0.06	0.47	FTDR
MCW	0.0	0.35	0.6		0.33	0.47	0.45	0.05	MCW
BFAM	0.0	0.61	0.58	0.33		-0.33	-0.41	0.79	BFAM
HRB	0.0	-0.28	0.05	0.47	-0.33		0.76	-0.58	HRB
SCI	0.0	-0.26	0.06	0.45	-0.41	0.76		-0.73	SCI
EM	0.0	0.51	0.47	0.05	0.79	-0.58	-0.73		EM
	DSEY	CSV	FTDR	MCW	BFAM	HRB	SCI	EM

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

EM	+ 0.79	BFAM
SCI	+ 0.76	HRB
BFAM	+ 0.61	CSV
MCW	+ 0.6	FTDR
BFAM	+ 0.58	FTDR
EM	+ 0.51	CSV

High negative correlations

EM	- 0.73	SCI
EM	- 0.58	HRB
SCI	- 0.41	BFAM
HRB	- 0.33	BFAM
HRB	- 0.28	CSV
SCI	- 0.26	CSV

Risk-Adjusted Indicators

There is a big difference between Rollins Stock performing well and Rollins Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Rollins' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
DSEY	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CSV	1.04	0.10	0.08	(0.41)	1.18	(1.12)	1.95	(2.09)	6.17
FTDR	1.38	0.09	0.05	0.11	1.66	(1.44)	2.67	(2.82)	7.85
MCW	1.44	(0.09)	0.00	(0.85)	0.00	0.00	2.80	(2.94)	8.74
BFAM	1.22	0.25	0.14	0.40	1.42	(1.24)	2.48	(2.32)	10.65
HRB	1.14	(0.16)	0.00	0.60	0.00	0.00	2.11	(2.39)	8.62
SCI	0.96	(0.09)	0.00	(0.13)	0.00	0.00	1.53	(2.78)	12.64
EM	2.09	0.83	0.32	(1.43)	1.34	(3.71)	4.17	(3.95)	40.89

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC