Roper Technologies Common Stock Technical Analysis
ROP Stock | USD 538.01 1.61 0.30% |
As of the 24th of April, Roper Technologies holds the Variance of 1.03, coefficient of variation of (5,801), and Risk Adjusted Performance of (0.01). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Roper Technologies, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down and interpolate data for thirteen technical drivers for Roper Technologies Common, which can be compared to its competitors. Please check Roper Technologies Common market risk adjusted performance and treynor ratio to decide if Roper Technologies Common is priced some-what accurately, providing market reflects its current price of 538.01 per share. Given that Roper Technologies has information ratio of (0.11), we recommend you to check out Roper Technologies Common's recent market performance to make sure the company can sustain itself at a future point.
Roper Technologies Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Roper, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RoperRoper |
Roper Technologies Analyst Consensus
Target Price | Advice | # of Analysts | |
541.21 | Buy | 17 | Odds |
Most Roper analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Roper stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Roper Technologies Common, talking to its executives and customers, or listening to Roper conference calls.
Roper Technologies 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.
Roper Technologies Common Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Roper Technologies Common volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Roper Technologies Common Trend Analysis
Use this graph to draw trend lines for Roper Technologies Common. You can use it to identify possible trend reversals for Roper Technologies as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Roper Technologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Roper Technologies Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Roper Technologies Common applied against its price change over selected period. The best fit line has a slop of 0.17 , which may imply that the returns on investment in Roper Technologies Common will continue to fail. It has 122 observation points and a regression sum of squares at 1075.17, which is the sum of squared deviations for the predicted Roper Technologies price change compared to its average price change.About Roper Technologies Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Roper Technologies Common on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Roper Technologies Common based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Roper Technologies Common price pattern first instead of the macroeconomic environment surrounding Roper Technologies Common. By analyzing Roper Technologies's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Roper Technologies's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Roper Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.004564 | 0.005732 | 0.004994 | 0.006536 | Price To Sales Ratio | 8.96 | 8.52 | 9.41 | 9.88 |
Roper Technologies April 24, 2024 Technical Indicators
Most technical analysis of Roper help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Roper from various momentum indicators to cycle indicators. When you analyze Roper charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.01) | |||
Market Risk Adjusted Performance | (0.01) | |||
Mean Deviation | 0.7602 | |||
Coefficient Of Variation | (5,801) | |||
Standard Deviation | 1.01 | |||
Variance | 1.03 | |||
Information Ratio | (0.11) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.17) | |||
Treynor Ratio | (0.02) | |||
Maximum Drawdown | 5.51 | |||
Value At Risk | (1.44) | |||
Potential Upside | 1.17 | |||
Skewness | (1.31) | |||
Kurtosis | 3.83 |
Roper Technologies April 24, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Roper stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 5,698 | ||
Daily Balance Of Power | (0.33) | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 536.28 | ||
Day Typical Price | 536.86 | ||
Price Action Indicator | 0.92 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roper Technologies Common. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Roper Stock analysis
When running Roper Technologies' price analysis, check to measure Roper Technologies' 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 Roper Technologies is operating at the current time. Most of Roper Technologies' value examination focuses on studying past and present price action to predict the probability of Roper Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roper Technologies' price. Additionally, you may evaluate how the addition of Roper Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Roper Technologies' 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 Roper Technologies. If investors know Roper 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 Roper Technologies 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 (0.80) | Dividend Share 2.798 | Earnings Share 12.74 | Revenue Per Share 57.953 | Quarterly Revenue Growth 0.128 |
The market value of Roper Technologies Common is measured differently than its book value, which is the value of Roper that is recorded on the company's balance sheet. Investors also form their own opinion of Roper Technologies' value that differs from its market value or its book value, called intrinsic value, which is Roper Technologies' 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 Roper Technologies' market value can be influenced by many factors that don't directly affect Roper Technologies' 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 Roper Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Roper Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roper Technologies' 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.