Roper Technologies' market value is the price at which a share of Roper Technologies trades on a public exchange. It measures the collective expectations of Roper Technologies investors about its performance. Roper Technologies is trading at 493.00 as of the 9th of January 2025. This is a 1.44 percent increase since the beginning of the trading day. The stock's lowest day price was 489.6. With this module, you can estimate the performance of a buy and hold strategy of Roper Technologies and determine expected loss or profit from investing in Roper Technologies over a given investment horizon. Check out Roper Technologies Correlation, Roper Technologies Volatility and Roper Technologies Alpha and Beta module to complement your research on Roper Technologies.
Please note, there is a significant difference between Roper Technologies' 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' 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' 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.
0.00
01/20/2023
No Change 0.00
0.0
In 1 year 11 months and 21 days
01/09/2025
0.00
If you would invest 0.00 in Roper Technologies on January 20, 2023 and sell it all today you would earn a total of 0.00 from holding Roper Technologies or generate 0.0% return on investment in Roper Technologies over 720 days. Roper Technologies is related to or competes with X-FAB Silicon, COPLAND ROAD, Wayside Technology, Nishi-Nippon Railroad, GOLD ROAD, and Liberty Broadband. Roper Technologies, Inc. designs and develops software, and engineered products and solutions worldwide 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' 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 upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roper Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Roper Technologies' standard deviation. In reality, there are many statistical measures that can use Roper Technologies historical prices to predict the future Roper Technologies' volatility.
At this point, Roper Technologies is very steady. Roper Technologies maintains Sharpe Ratio (i.e., Efficiency) of 0.0189, which implies the firm had a 0.0189% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Roper Technologies, which you can use to evaluate the volatility of the company. Please check Roper Technologies' Risk Adjusted Performance of 0.0144, coefficient of variation of 7436.09, and Semi Deviation of 1.14 to confirm if the risk estimate we provide is consistent with the expected return of 0.0237%. Roper Technologies has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 0.16, which implies not very significant fluctuations relative to the market. As returns on the market increase, Roper Technologies' 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. Roper Technologies right now holds a risk of 1.26%. Please check Roper Technologies sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if Roper Technologies will be following its historical price patterns.
Auto-correlation
0.25
Poor predictability
Roper Technologies has poor predictability. Overlapping area represents the amount of predictability between Roper Technologies time series from 20th of January 2023 to 15th of January 2024 and 15th of January 2024 to 9th of January 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 Roper Technologies price movement. The serial correlation of 0.25 indicates that over 25.0% of current Roper Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient
0.25
Spearman Rank Test
0.11
Residual Average
0.0
Price Variance
181.24
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' 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' 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.
Roper Technologies financial ratios help investors to determine whether Roper Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Roper with respect to the benefits of owning Roper Technologies security.