Roper Technologies, Common Stock Market Value
| ROP Stock | USD 523.91 3.33 0.63% |
| Symbol | Roper |
Roper Technologies, Price To Book Ratio
Is Industrial Conglomerates 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 Roper Technologies,. If investors know Roper 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 Roper Technologies, 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 0.054 | Dividend Share 3 | Earnings Share 13.57 | Revenue Per Share 63.294 | Quarterly Revenue Growth 0.129 |
The market value of Roper Technologies, is measured differently than its book value, which is the value of Roper that is recorded on the company's balance sheet. Investors also form their own opinion of Roper Technologies,'s value that differs from its market value or its book value, called intrinsic value, which is Roper Technologies,'s 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 Roper Technologies,'s market value can be influenced by many factors that don't directly affect Roper Technologies,'s 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 Roper Technologies,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Roper Technologies, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roper Technologies,'s 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.
Roper Technologies, '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 Roper Technologies,'s 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 Roper Technologies,.
| 01/09/2023 |
| 12/29/2024 |
If you would invest 0.00 in Roper Technologies, on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Roper Technologies, Common or generate 0.0% return on investment in Roper Technologies, over 720 days. Roper Technologies, is related to or competes with Manhattan Associates, ANSYS, Guidewire Software, S A P, Tyler Technologies, Cadence Design, and PTC. Roper Technologies, Inc. designs and develops software, and engineered products and solutions More
Roper Technologies, 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 Roper Technologies,'s 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 Roper Technologies, Common upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 7.18 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 1.34 |
Roper Technologies, Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roper Technologies,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Roper Technologies,'s standard deviation. In reality, there are many statistical measures that can use Roper Technologies, historical prices to predict the future Roper Technologies,'s volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (0.36) |
Roper Technologies, Backtested Returns
Roper Technologies, maintains Sharpe Ratio (i.e., Efficiency) of -0.0772, which implies the firm had a -0.0772% return per unit of risk over the last 3 months. Roper Technologies, exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Roper Technologies,'s Variance of 1.21, coefficient of variation of (1,805), and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The company holds a Beta of 0.2, which implies not very significant fluctuations relative to the market. As returns on the market increase, Roper Technologies,'s returns are expected to increase less than the market. However, during the bear market, the loss of holding Roper Technologies, is expected to be smaller as well. At this point, Roper Technologies, has a negative expected return of -0.0858%. Please make sure to check Roper Technologies,'s treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Roper Technologies, performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.23 |
Weak predictability
Roper Technologies, Common has weak predictability. Overlapping area represents the amount of predictability between Roper Technologies, time series from 9th of January 2023 to 4th of January 2024 and 4th of January 2024 to 29th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Roper Technologies, price movement. The serial correlation of 0.23 indicates that over 23.0% of current Roper Technologies, price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 181.71 |
Roper Technologies, lagged returns against current returns
Autocorrelation, which is Roper Technologies, 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 Roper Technologies,'s stock expected returns. We can calculate the autocorrelation of Roper Technologies, returns to help us make a trade decision. For example, suppose you find that Roper Technologies, 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 |
Roper Technologies, 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 Roper Technologies, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Roper Technologies, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Roper Technologies, stock over time.
Current vs Lagged Prices |
| Timeline |
Roper Technologies, Lagged Returns
When evaluating Roper Technologies,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Roper Technologies, stock have on its future price. Roper Technologies, 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, Roper Technologies, autocorrelation shows the relationship between Roper Technologies, stock current value and its past values and can show if there is a momentum factor associated with investing in Roper Technologies, Common.
Regressed Prices |
| Timeline |
Pair Trading with Roper Technologies,
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Roper Technologies, position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Roper Technologies, will appreciate offsetting losses from the drop in the long position's value.Moving against Roper Stock
The ability to find closely correlated positions to Roper Technologies, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Roper Technologies, when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Roper Technologies, - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Roper Technologies, Common to buy it.
The correlation of Roper Technologies, is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Roper Technologies, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Roper Technologies, moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Roper Technologies, can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Roper Stock Analysis
When running Roper Technologies,'s price analysis, check to measure Roper Technologies,'s 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 Roper Technologies, is operating at the current time. Most of Roper Technologies,'s value examination focuses on studying past and present price action to predict the probability of Roper Technologies,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roper Technologies,'s price. Additionally, you may evaluate how the addition of Roper Technologies, to your portfolios can decrease your overall portfolio volatility.