Rocky Brands Stock Price on March 15, 2024
| RCKY Stock | USD 35.11 1.11 3.26% |
Below is the normalized historical share price chart for Rocky Brands extending back to February 03, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Rocky Brands stands at 35.11, as last reported on the 4th of May, with the highest price reaching 35.69 and the lowest price hitting 34.00 during the day.
If you're considering investing in Rocky Stock, it is important to understand the factors that can impact its price. Rocky Brands appears to be not too volatile, given 3 months investment horizon. Rocky Brands maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. By analyzing Rocky Brands' technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please evaluate Rocky Brands' Coefficient Of Variation of 1192.03, risk adjusted performance of 0.0627, and Semi Deviation of 4.05 to confirm if our risk estimates are consistent with your expectations.
At this time, Rocky Brands' Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 515.4 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 6.2 M in 2024. . At this time, Rocky Brands' Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 1.29 in 2024, whereas Price Earnings Ratio is likely to drop 17.56 in 2024. Rocky Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of February 1993 | 200 Day MA 23.2724 | 50 Day MA 26.839 | Beta 1.977 |
Rocky |
Sharpe Ratio = 0.1055
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Estimated Market Risk
| 5.2 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Rocky Brands is performing at about 8% 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 Rocky Brands by adding it to a well-diversified portfolio.
Price Book 0.8796 | Enterprise Value Ebitda 7.9991 | Price Sales 0.4258 | Shares Float 6.9 M | Dividend Share 0.62 |
Related Headline
Continental Headline on 15th of March 2024
Disposition of 11706 shares by John Schmidt of Continental a... by John Schmidt
Filed transaction by Caleres Director, Officer: President & Ceo, Caleres. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Rocky Brands Valuation on March 15, 2024
It is possible to determine the worth of Rocky Brands on a given historical date. On March 15, 2024 Rocky was worth 25.0 at the beginning of the trading date compared to the closed value of 24.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rocky Brands stock. Still, in general, we apply an absolute valuation method to find Rocky Brands' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Rocky Brands where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rocky Brands' related companies.
| Open | High | Low | Close | Volume | |
| 26.03 | 26.13 | 25.25 | 25.39 | 18,243 | |
03/15/2024 | 25.00 | 25.44 | 24.00 | 24.57 | 51,397 |
| 24.57 | 25.50 | 24.00 | 24.98 | 23,157 |
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Rocky Brands Trading Date Momentum on March 15, 2024
| On March 18 2024 Rocky Brands was traded for 24.98 at the closing time. The top price for the day was 25.50 and the lowest listed price was 24.00 . The trading volume for the day was 23.2 K. The trading history from March 18, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 1.67% . The trading delta at closing time against the current closing price is 6.15% . |
Rocky Brands Fundamentals Correlations and Trends
By evaluating Rocky Brands' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Rocky Brands' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rocky financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rocky Brands Stock history
Rocky Brands investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Rocky is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rocky Brands will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Rocky Brands stock prices may prove useful in developing a viable investing in Rocky Brands
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 7.4 M | 6.2 M | |
| Net Income Applicable To Common Shares | 23.5 M | 24.7 M |
Rocky Brands Quarterly Net Working Capital |
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Rocky Brands Stock Technical Analysis
Rocky Brands 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.
Price Boundaries
Rocky Brands Period Price Range
Low | March 15, 2024
| High |
25.00 | 24.57 |
Rocky Brands May 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Rocky Brands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rocky Brands shares will generate the highest return on investment. By undertsting and applying Rocky Brands stock market strength indicators, traders can identify Rocky Brands entry and exit signals to maximize returns
| Accumulation Distribution | 2909.26 | |||
| Daily Balance Of Power | (0.30) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 24.72 | |||
| Day Typical Price | 24.67 | |||
| Price Action Indicator | (0.37) | |||
| Period Momentum Indicator | 10.54 | |||
| Relative Strength Index | 66.67 |
Rocky Brands Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rocky Brands' price direction in advance. Along with the technical and fundamental analysis of Rocky Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rocky to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0627 | |||
| Jensen Alpha | 0.3452 | |||
| Total Risk Alpha | 0.06 | |||
| Sortino Ratio | 0.0852 | |||
| Treynor Ratio | 0.2563 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rocky Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Rocky Stock please use our How to Invest in Rocky Brands guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Rocky Stock analysis
When running Rocky Brands' price analysis, check to measure Rocky Brands' 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 Rocky Brands is operating at the current time. Most of Rocky Brands' value examination focuses on studying past and present price action to predict the probability of Rocky Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rocky Brands' price. Additionally, you may evaluate how the addition of Rocky Brands to your portfolios can decrease your overall portfolio volatility.
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Is Rocky Brands' 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 Rocky Brands. If investors know Rocky 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 Rocky Brands 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 0.021 | Dividend Share 0.62 | Earnings Share 1.41 | Revenue Per Share 62.906 | Quarterly Revenue Growth 0.022 |
The market value of Rocky Brands is measured differently than its book value, which is the value of Rocky that is recorded on the company's balance sheet. Investors also form their own opinion of Rocky Brands' value that differs from its market value or its book value, called intrinsic value, which is Rocky Brands' 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 Rocky Brands' market value can be influenced by many factors that don't directly affect Rocky Brands' 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 Rocky Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rocky Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rocky Brands' 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.