Rocket Companies Stock Performance
| RKT Stock | USD 14.90 0.37 2.42% |
On a scale of 0 to 100, Rocket Companies holds a performance score of 9. The company holds a Beta of -0.48, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Rocket Companies are expected to decrease at a much lower rate. During the bear market, Rocket Companies is likely to outperform the market. Please check Rocket Companies' downside variance, and the relationship between the total risk alpha and daily balance of power , to make a quick decision on whether Rocket Companies' historical price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Rocket Companies are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively inconsistent forward-looking signals, Rocket Companies unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.1 B |
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Rocket Companies Relative Risk vs. Return Landscape
If you would invest 1,135 in Rocket Companies on December 21, 2024 and sell it today you would earn a total of 299.00 from holding Rocket Companies or generate 26.34% return on investment over 90 days. Rocket Companies is generating 0.4746% of daily returns assuming volatility of 4.1154% on return distribution over 90 days investment horizon. In other words, 36% of stocks are less volatile than Rocket, and above 91% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
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Rocket Companies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rocket Companies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Rocket Companies, and traders can use it to determine the average amount a Rocket Companies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1153
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Estimated Market Risk
| 4.12 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.47 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Rocket Companies is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Rocket Companies by adding it to a well-diversified portfolio.
Rocket Companies Fundamentals Growth
Rocket Stock prices reflect investors' perceptions of the future prospects and financial health of Rocket Companies, and Rocket Companies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Rocket Stock performance.
| Return On Equity | 0.0733 | ||||
| Return On Asset | 0.0325 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.43 % | ||||
| Current Valuation | 23.14 B | ||||
| Shares Outstanding | 138.4 M | ||||
| Price To Earning | 4.55 X | ||||
| Price To Book | 3.13 X | ||||
| Price To Sales | 5.47 X | ||||
| Revenue | 5.1 B | ||||
| EBITDA | 465.38 M | ||||
| Cash And Equivalents | 722.29 M | ||||
| Cash Per Share | 6.85 X | ||||
| Total Debt | 5.34 B | ||||
| Debt To Equity | 1.31 % | ||||
| Book Value Per Share | 4.81 X | ||||
| Cash Flow From Operations | (2.63 B) | ||||
| Earnings Per Share | 0.21 X | ||||
| Total Asset | 24.51 B | ||||
| Retained Earnings | 312.83 M | ||||
| Current Asset | 2.43 B | ||||
| Current Liabilities | 1.36 B | ||||
About Rocket Companies Performance
Assessing Rocket Companies' fundamental ratios provides investors with valuable insights into Rocket Companies' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Rocket Companies is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. Rocket Companies, Inc. operates as a subsidiary of Rock Holdings, Inc. Rocket Companies operates under Mortgage Finance classification in the United States and is traded on New York Stock Exchange. It employs 26000 people.Things to note about Rocket Companies performance evaluation
Checking the ongoing alerts about Rocket Companies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Rocket Companies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Rocket Companies had very high historical volatility over the last 90 days | |
| Rocket Companies has about 722.29 M in cash with (2.63 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.85. | |
| Over 75.0% of the company shares are owned by institutional investors |
- Analyzing Rocket Companies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Rocket Companies' stock is overvalued or undervalued compared to its peers.
- Examining Rocket Companies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Rocket Companies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Rocket Companies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Rocket Companies' stock. These opinions can provide insight into Rocket Companies' potential for growth and whether the stock is currently undervalued or overvalued.
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.