Rockwell Automation Stock Market Value
| ROK Stock | USD 273.50 5.15 1.85% |
| Symbol | Rockwell |
Rockwell Automation Price To Book Ratio
Is Rockwell Automation's 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 Rockwell Automation. If investors know Rockwell 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 Rockwell Automation 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 (0.44) | Dividend Share 4.79 | Earnings Share 10.5 | Revenue Per Share 79.556 | Quarterly Revenue Growth 0.036 |
The market value of Rockwell Automation is measured differently than its book value, which is the value of Rockwell that is recorded on the company's balance sheet. Investors also form their own opinion of Rockwell Automation's value that differs from its market value or its book value, called intrinsic value, which is Rockwell Automation's 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 Rockwell Automation's market value can be influenced by many factors that don't directly affect Rockwell Automation's 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 Rockwell Automation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rockwell Automation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rockwell Automation's 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.
Rockwell Automation '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 Rockwell Automation's 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 Rockwell Automation.
| 04/25/2023 |
| 04/19/2024 |
If you would invest 0.00 in Rockwell Automation on April 25, 2023 and sell it all today you would earn a total of 0.00 from holding Rockwell Automation or generate 0.0% return on investment in Rockwell Automation over 360 days. Rockwell Automation is related to or competes with Dover, Parker Hannifin, Pentair PLC, Illinois Tool, Smith AO, Cummins, and Ingersoll Rand. Rockwell Automation, Inc. provides industrial automation and digital transformation solutions in North America, Europe, ... More
Rockwell Automation 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 Rockwell Automation's 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 Rockwell Automation upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 19.18 | |||
| Value At Risk | (2.54) | |||
| Potential Upside | 2.95 |
Rockwell Automation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rockwell Automation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rockwell Automation's standard deviation. In reality, there are many statistical measures that can use Rockwell Automation historical prices to predict the future Rockwell Automation's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rockwell Automation's 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.
Rockwell Automation Backtested Returns
Rockwell Automation maintains Sharpe Ratio (i.e., Efficiency) of -0.048, which implies the firm had a -0.048% return per unit of risk over the last 3 months. Rockwell Automation exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rockwell Automation's Coefficient Of Variation of (3,049), variance of 7.07, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The company holds a Beta of 2.1, 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, Rockwell Automation will likely underperform. Rockwell Automation has an expected return of -0.13%. Please make sure to check Rockwell Automation treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Rockwell Automation performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.79 |
Good predictability
Rockwell Automation has good predictability. Overlapping area represents the amount of predictability between Rockwell Automation time series from 25th of April 2023 to 22nd of October 2023 and 22nd of October 2023 to 19th of April 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 Rockwell Automation price movement. The serial correlation of 0.79 indicates that around 79.0% of current Rockwell Automation price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 235.41 |
Rockwell Automation lagged returns against current returns
Autocorrelation, which is Rockwell Automation 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 Rockwell Automation's stock expected returns. We can calculate the autocorrelation of Rockwell Automation returns to help us make a trade decision. For example, suppose you find that Rockwell Automation 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 |
Rockwell Automation 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 Rockwell Automation stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rockwell Automation stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rockwell Automation stock over time.
Current vs Lagged Prices |
| Timeline |
Rockwell Automation Lagged Returns
When evaluating Rockwell Automation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rockwell Automation stock have on its future price. Rockwell Automation 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, Rockwell Automation autocorrelation shows the relationship between Rockwell Automation stock current value and its past values and can show if there is a momentum factor associated with investing in Rockwell Automation.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Rockwell Automation 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 Rockwell 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 Rockwell Automation Stock. Highlighted below are key reports to facilitate an investment decision about Rockwell Automation Stock:Check out Rockwell Automation Correlation, Rockwell Automation Volatility and Rockwell Automation Alpha and Beta module to complement your research on Rockwell Automation. For more information on how to buy Rockwell Stock please use our How to buy in Rockwell Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Rockwell Stock analysis
When running Rockwell Automation's price analysis, check to measure Rockwell Automation's 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 Rockwell Automation is operating at the current time. Most of Rockwell Automation's value examination focuses on studying past and present price action to predict the probability of Rockwell Automation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rockwell Automation's price. Additionally, you may evaluate how the addition of Rockwell Automation to your portfolios can decrease your overall portfolio volatility.
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Rockwell Automation 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.