Rogers Communications Stock Alpha and Beta Analysis

RCI Stock  USD 35.98  0.19  0.53%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Rogers Communications. It also helps investors analyze the systematic and unsystematic risks associated with investing in Rogers Communications over a specified time horizon. Remember, high Rogers Communications' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Rogers Communications' market risk premium analysis include:
Beta
0.13
Alpha
(0.16)
Risk
1.1
Sharpe Ratio
(0.12)
Expected Return
(0.13)
Please note that although Rogers Communications alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Rogers Communications did 0.16  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Rogers Communications stock's relative risk over its benchmark. Rogers Communications has a beta of 0.13  . As returns on the market increase, Rogers Communications' returns are expected to increase less than the market. However, during the bear market, the loss of holding Rogers Communications is expected to be smaller as well. As of now, Rogers Communications' Book Value Per Share is increasing as compared to previous years. The Rogers Communications' current Enterprise Value is estimated to increase to about 72.6 B, while Tangible Book Value Per Share is forecasted to increase to (43.12).

Rogers Communications Quarterly Cash And Equivalents

2.53 Billion

Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Rogers Communications Backtesting, Rogers Communications Valuation, Rogers Communications Correlation, Rogers Communications Hype Analysis, Rogers Communications Volatility, Rogers Communications History and analyze Rogers Communications Performance.
For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers Communications guide.

Rogers Communications Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Rogers Communications market risk premium is the additional return an investor will receive from holding Rogers Communications 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 Rogers Communications. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Rogers Communications' performance over market.
α-0.16   β0.13

Rogers Communications expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Rogers Communications' Buy-and-hold return. Our buy-and-hold chart shows how Rogers Communications performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Rogers Communications Market Price Analysis

Market price analysis indicators help investors to evaluate how Rogers Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rogers Communications shares will generate the highest return on investment. By understating and applying Rogers Communications stock market price indicators, traders can identify Rogers Communications position entry and exit signals to maximize returns.

Rogers Communications Return and Market Media

The median price of Rogers Communications for the period between Fri, Aug 16, 2024 and Thu, Nov 14, 2024 is 39.3 with a coefficient of variation of 3.88. The daily time series for the period is distributed with a sample standard deviation of 1.51, arithmetic mean of 38.97, and mean deviation of 1.25. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
 
Rogers Communications dividend paid on 3rd of October 2024
10/03/2024
1
Rogers Communications Inc. Q3 2024 Earnings Call Transcript
10/25/2024
2
Sevens superstars tell Rugby Australia they want to play NRLW
10/29/2024
3
Elissa Slotkin vs. Mike Rogers Michigan voters decide who takes US Senate seat
11/05/2024
4
projects Democrats hold onto key seat in battleground Michigan
11/06/2024
5
Tristan Rogers, General Hospital Alum, Awarded Star On PS Star Walk
11/07/2024
6
The Week in Canadian Press Releases 10 Stories You Need to See
11/08/2024
7
Taylor Swift merchandise on sale at Rogers Centre Tuesday
11/11/2024
8
Truist announces retirement of Vice Chair and Chief Risk Officer Clarke R. Starnes III and appointment of Brad Bender as successor
11/13/2024

About Rogers Communications Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Rogers or other stocks. Alpha measures the amount that position in Rogers Communications has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03320.03150.02960.0178
Price To Sales Ratio2.072.081.681.36

Rogers Communications Upcoming Company Events

As portrayed in its financial statements, the presentation of Rogers Communications' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Rogers Communications' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Rogers Communications' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Rogers Communications. Please utilize our Beneish M Score to check the likelihood of Rogers Communications' management manipulating its earnings.
1st of February 2024
Upcoming Quarterly Report
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24th of April 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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1st of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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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:
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.
A focus of Rogers Communications technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rogers Communications trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...