Rollins Stock Market Value
ROL Stock | USD 46.27 0.43 0.92% |
Symbol | Rollins |
Is Rollins' industry 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 Rollins. If investors know Rollins 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 Rollins listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Rollins is measured differently than its book value, which is the value of Rollins that is recorded on the company's balance sheet. Investors also form their own opinion of Rollins' value that differs from its market value or its book value, called intrinsic value, which is Rollins' 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 Rollins' market value can be influenced by many factors that don't directly affect Rollins' 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 Rollins' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rollins is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rollins' 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.
Rollins '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 Rollins' 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 Rollins.
02/27/2024 |
| 03/28/2024 |
If you would invest 0.00 in Rollins on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Rollins or generate 0.0% return on investment in Rollins over 30 days. Rollins is related to or competes with ATRenew, NETGEAR, Vector, Philip Morris, Asure Software, Westrock Coffee, and Fresh Grapes. Rollins, Inc., through its subsidiaries, provides pest and wildlife control services to residential and commercial custo... More
Rollins 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 Rollins' 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 Rollins upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 1.55 | |||
Information Ratio | (0.02) | |||
Maximum Drawdown | 7.87 | |||
Value At Risk | (1.77) | |||
Potential Upside | 1.83 |
Rollins Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rollins' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rollins' standard deviation. In reality, there are many statistical measures that can use Rollins historical prices to predict the future Rollins' volatility.Risk Adjusted Performance | 0.0527 | |||
Jensen Alpha | 0.0508 | |||
Total Risk Alpha | (0.19) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.2616 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rollins' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Rollins Backtested Returns
We consider Rollins very steady. Rollins maintains Sharpe Ratio (i.e., Efficiency) of 0.0847, which implies the firm had a 0.0847% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Rollins, which you can use to evaluate the volatility of the company. Please check Rollins' Coefficient Of Variation of 1180.78, semi deviation of 1.43, and Risk Adjusted Performance of 0.0527 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Rollins has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of 0.37, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Rollins' returns are expected to increase less than the market. However, during the bear market, the loss of holding Rollins is expected to be smaller as well. Rollins right now holds a risk of 1.27%. Please check Rollins maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to decide if Rollins will be following its historical price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Rollins has no correlation between past and present. Overlapping area represents the amount of predictability between Rollins time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Rollins price movement. The serial correlation of 0.0 indicates that just 0.0% of current Rollins price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.0 | |
Spearman Rank Test | -0.03 | |
Residual Average | 0.0 | |
Price Variance | 0.13 |
Rollins lagged returns against current returns
Autocorrelation, which is Rollins 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 Rollins' stock expected returns. We can calculate the autocorrelation of Rollins returns to help us make a trade decision. For example, suppose you find that Rollins 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 |
Rollins 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 Rollins stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rollins stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rollins stock over time.
Current vs Lagged Prices |
Timeline |
Rollins Lagged Returns
When evaluating Rollins' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rollins stock have on its future price. Rollins 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, Rollins autocorrelation shows the relationship between Rollins stock current value and its past values and can show if there is a momentum factor associated with investing in Rollins.
Regressed Prices |
Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Rollins in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Rollins' short interest history, or implied volatility extrapolated from Rollins options trading.
Currently Active Assets on Macroaxis
When determining whether Rollins is a strong investment it is important to analyze Rollins' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rollins' future performance. For an informed investment choice regarding Rollins Stock, refer to the following important reports:Check out Rollins Correlation, Rollins Volatility and Rollins Alpha and Beta module to complement your research on Rollins. For more information on how to buy Rollins Stock please use our How to buy in Rollins Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Rollins Stock analysis
When running Rollins' price analysis, check to measure Rollins' 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 Rollins is operating at the current time. Most of Rollins' value examination focuses on studying past and present price action to predict the probability of Rollins' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rollins' price. Additionally, you may evaluate how the addition of Rollins to your portfolios can decrease your overall portfolio volatility.
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Rollins technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.