Rocket Companies Stock Market Value
| RKT Stock | USD 14.87 0.36 2.48% |
| Symbol | Rocket |
Rocket Companies Price To Book Ratio
Is Commercial & Residential Mortgage Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rocket Companies. If investors know Rocket will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rocket Companies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.82) | Earnings Share 0.21 | Revenue Per Share | Quarterly Revenue Growth 1.505 | Return On Assets |
The market value of Rocket Companies is measured differently than its book value, which is the value of Rocket that is recorded on the company's balance sheet. Investors also form their own opinion of Rocket Companies' value that differs from its market value or its book value, called intrinsic value, which is Rocket Companies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rocket Companies' market value can be influenced by many factors that don't directly affect Rocket Companies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rocket Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rocket Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rocket Companies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Rocket Companies 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Rocket Companies' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Rocket Companies.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Rocket Companies on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Rocket Companies or generate 0.0% return on investment in Rocket Companies over 90 days. Rocket Companies is related to or competes with Loandepot, Mr Cooper, PennyMac Finl, Guild Holdings, UWM Holdings, Encore Capital, and Greystone Housing. Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other f... More
Rocket Companies Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Rocket Companies' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Rocket Companies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.89 | |||
| Information Ratio | 0.0804 | |||
| Maximum Drawdown | 26.21 | |||
| Value At Risk | (4.77) | |||
| Potential Upside | 6.33 |
Rocket Companies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rocket Companies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rocket Companies' standard deviation. In reality, there are many statistical measures that can use Rocket Companies historical prices to predict the future Rocket Companies' volatility.| Risk Adjusted Performance | 0.0478 | |||
| Jensen Alpha | 0.5103 | |||
| Total Risk Alpha | 0.8515 | |||
| Sortino Ratio | 0.0826 | |||
| Treynor Ratio | 0.0767 |
Rocket Companies Backtested Returns
Rocket Companies appears to be somewhat reliable, given 3 months investment horizon. Rocket Companies maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the firm had a 0.1 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Rocket Companies, which you can use to evaluate the volatility of the company. Please evaluate Rocket Companies' Coefficient Of Variation of 2116.07, semi deviation of 3.8, and Risk Adjusted Performance of 0.0478 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Rocket Companies holds a performance score of 7. The company holds a Beta of 2.33, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Rocket Companies will likely underperform. Please check Rocket Companies' total risk alpha, as well as the relationship between the downside variance and daily balance of power , to make a quick decision on whether Rocket Companies' historical price patterns will revert.
Auto-correlation | 0.36 |
Below average predictability
Rocket Companies has below average predictability. Overlapping area represents the amount of predictability between Rocket Companies time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Rocket Companies price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Rocket Companies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.67 |
Rocket Companies lagged returns against current returns
Autocorrelation, which is Rocket Companies stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Rocket Companies' stock expected returns. We can calculate the autocorrelation of Rocket Companies returns to help us make a trade decision. For example, suppose you find that Rocket Companies has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Rocket Companies regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Rocket Companies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rocket Companies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rocket Companies stock over time.
Current vs Lagged Prices |
| Timeline |
Rocket Companies Lagged Returns
When evaluating Rocket Companies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rocket Companies stock have on its future price. Rocket Companies autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Rocket Companies autocorrelation shows the relationship between Rocket Companies stock current value and its past values and can show if there is a momentum factor associated with investing in Rocket Companies.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Rocket Stock Analysis
When running Rocket Companies' price analysis, check to measure Rocket Companies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rocket Companies is operating at the current time. Most of Rocket Companies' value examination focuses on studying past and present price action to predict the probability of Rocket Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rocket Companies' price. Additionally, you may evaluate how the addition of Rocket Companies to your portfolios can decrease your overall portfolio volatility.