Rogers Communications Stock Market Value
| RCI Stock | USD 37.91 0.47 1.26% |
| Symbol | Rogers |
Rogers Communications Price To Book Ratio
Is Rogers Communications' 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 Rogers Communications. If investors know Rogers 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 Rogers Communications 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 (0.55) | Dividend Share 2 | Earnings Share 0.79 | Revenue Per Share 38.478 | Quarterly Revenue Growth 0.278 |
The market value of Rogers Communications is measured differently than its book value, which is the value of Rogers that is recorded on the company's balance sheet. Investors also form their own opinion of Rogers Communications' value that differs from its market value or its book value, called intrinsic value, which is Rogers Communications' 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 Rogers Communications' market value can be influenced by many factors that don't directly affect Rogers Communications' 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 Rogers Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rogers Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rogers Communications' 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.
Rogers Communications '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 Rogers Communications' 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 Rogers Communications.
| 05/14/2022 |
| 05/03/2024 |
If you would invest 0.00 in Rogers Communications on May 14, 2022 and sell it all today you would earn a total of 0.00 from holding Rogers Communications or generate 0.0% return on investment in Rogers Communications over 720 days. Rogers Communications is related to or competes with Telefonica Brasil, Telefonica, Telkom Indonesia, Orange SA, KT, Grupo Televisa, and Liberty Broadband. Rogers Communications Inc. operates as a communications and media company in Canada More
Rogers Communications 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 Rogers Communications' 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 Rogers Communications upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 5.95 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 1.43 |
Rogers Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rogers Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rogers Communications' standard deviation. In reality, there are many statistical measures that can use Rogers Communications historical prices to predict the future Rogers Communications' volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.25) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rogers Communications' 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.
Rogers Communications Backtested Returns
Rogers Communications maintains Sharpe Ratio (i.e., Efficiency) of -0.26, which implies the firm had a -0.26% return per unit of risk over the last 3 months. Rogers Communications exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rogers Communications' Coefficient Of Variation of (374.09), risk adjusted performance of (0.17), and Variance of 1.39 to confirm the risk estimate we provide. The company holds a Beta of 1.27, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Rogers Communications will likely underperform. Rogers Communications has an expected return of -0.31%. Please make sure to check Rogers Communications kurtosis, and the relationship between the maximum drawdown and day median price , to decide if Rogers Communications performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.59 |
Modest predictability
Rogers Communications has modest predictability. Overlapping area represents the amount of predictability between Rogers Communications time series from 14th of May 2022 to 9th of May 2023 and 9th of May 2023 to 3rd of May 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 Rogers Communications price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Rogers Communications price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 10.04 |
Rogers Communications lagged returns against current returns
Autocorrelation, which is Rogers Communications 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 Rogers Communications' stock expected returns. We can calculate the autocorrelation of Rogers Communications returns to help us make a trade decision. For example, suppose you find that Rogers Communications 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 |
Rogers Communications 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 Rogers Communications stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rogers Communications stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rogers Communications stock over time.
Current vs Lagged Prices |
| Timeline |
Rogers Communications Lagged Returns
When evaluating Rogers Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rogers Communications stock have on its future price. Rogers Communications 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, Rogers Communications autocorrelation shows the relationship between Rogers Communications stock current value and its past values and can show if there is a momentum factor associated with investing in Rogers Communications.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Rogers Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rogers Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rogers Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rogers Communications Stock:Check out Rogers Communications Correlation, Rogers Communications Volatility and Rogers Communications Alpha and Beta module to complement your research on Rogers Communications. For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers Communications guide.Note that the Rogers Communications information on this page should be used as a complementary analysis to other Rogers Communications' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Rogers Stock analysis
When running Rogers Communications' price analysis, check to measure Rogers Communications' 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 Rogers Communications is operating at the current time. Most of Rogers Communications' value examination focuses on studying past and present price action to predict the probability of Rogers Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rogers Communications' price. Additionally, you may evaluate how the addition of Rogers Communications to your portfolios can decrease your overall portfolio volatility.
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Rogers Communications 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.