Ross Stores (Mexico) Today
Ross Stores is trading at 2177.80 as of the 7th of May 2024; that is No Change since the beginning of the trading day. The stock's open price was 2177.8. Equity ratings for Ross Stores are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of May 2022 and ending today, the 7th of May 2024. Click here to learn more.
Valuation
Check how we calculate scores
Ross Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ross Stores' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ross Stores or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO, Director | Barbara Rentler |
| Thematic Idea | Stores (View all Themes) |
| Business Concentration | Stores, Apparel Stores, Consumer Cyclical (View all Sectors) |
Ross Stores (ROST) is traded on Mexican Exchange in Mexico and employs 100,000 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 745.26 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ross Stores's market, we take the total number of its shares issued and multiply it by Ross Stores's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Ross Stores operates under Consumer Cyclical sector and is part of Apparel Stores industry. The entity has 344.37 M outstanding shares.
Ross Stores has accumulated about 1.37 B in cash with 1.74 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.75.
Check Ross Stores Probability Of Bankruptcy
Ross Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Ross Stores jumping above the current price in 90 days from now is about 60.31%. The Ross Stores probability density function shows the probability of Ross Stores stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Ross Stores has a beta of -0.1436 indicating as returns on the benchmark increase, returns on holding Ross Stores are expected to decrease at a much lower rate. During a bear market, however, Ross Stores is likely to outperform the market. Additionally, ross Stores has an alpha of 0.1658, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Ross Stores to move above the current price in 90 days from now is about 60.31 (This Ross Stores probability density function shows the probability of Ross Stock to fall within a particular range of prices over 90 days) .
Ross Stores Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ross Stores market risk premium is the additional return an investor will receive from holding Ross Stores long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ross Stores. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ross Stores' alpha and beta are two of the key measurements used to evaluate Ross Stores' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.82 | |||
| Semi Deviation | 2.36 | |||
| Standard Deviation | 2.7 | |||
| Variance | 7.29 |
Ross Stock Against Markets
Picking the right benchmark for Ross Stores stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ross Stores stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ross Stores is critical whether you are bullish or bearish towards Ross Stores at a given time. Please also check how Ross Stores' historical prices are related to one of the top price index indicators.
Ross Stores Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ross Stores stock to make a market-neutral strategy. Peer analysis of Ross Stores could also be used in its relative valuation, which is a method of valuing Ross Stores by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
How to buy Ross Stock?
Before investing in Ross Stores, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ross Stores. To buy Ross Stores stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ross Stores. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Ross Stores stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ross Stores stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Ross Stores stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Ross Stores, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Ross Stores?
The danger of trading Ross Stores is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ross Stores is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ross Stores. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ross Stores is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Ross Stores is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ross Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ross Stores Stock. Highlighted below are key reports to facilitate an investment decision about Ross Stores Stock: Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Ross Stock analysis
When running Ross Stores' price analysis, check to measure Ross Stores' 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 Ross Stores is operating at the current time. Most of Ross Stores' value examination focuses on studying past and present price action to predict the probability of Ross Stores' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ross Stores' price. Additionally, you may evaluate how the addition of Ross Stores to your portfolios can decrease your overall portfolio volatility.
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |