Roper Technologies Common Stock Market Value
| ROP Stock | USD 539.62 0.51 0.09% |
| Symbol | Roper |
Roper Technologies Common Price To Book Ratio
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 12.72 | 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.
Roper Technologies '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 Roper Technologies' 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 Roper Technologies.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Roper Technologies on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Roper Technologies Common or generate 0.0% return on investment in Roper Technologies over 30 days. Roper Technologies is related to or competes with Manhattan Associates, ANSYS, Guidewire Software, S A P, Tyler Technologies, Cadence Design, and PTC. Roper Technologies, Inc. designs and develops software, and engineered products and solutions More
Roper Technologies 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 Roper Technologies' 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 Roper Technologies Common upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 5.58 | |||
| Value At Risk | (1.44) | |||
| Potential Upside | 1.21 |
Roper Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roper Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Roper Technologies' standard deviation. In reality, there are many statistical measures that can use Roper Technologies historical prices to predict the future Roper Technologies' volatility.| Risk Adjusted Performance | 0.0036 | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Roper Technologies' 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.
Roper Technologies Common Backtested Returns
Roper Technologies Common maintains Sharpe Ratio (i.e., Efficiency) of -0.0273, which implies the firm had a -0.0273% return per unit of risk over the last 3 months. Roper Technologies Common exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Roper Technologies' Risk Adjusted Performance of 0.0036, coefficient of variation of (168,040), and Variance of 1.05 to confirm the risk estimate we provide. The company holds a Beta of 1.17, 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, Roper Technologies will likely underperform. Roper Technologies Common has an expected return of -0.0282%. Please make sure to check Roper Technologies Common treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and period momentum indicator , to decide if Roper Technologies Common performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.35 |
Below average predictability
Roper Technologies Common has below average predictability. Overlapping area represents the amount of predictability between Roper Technologies time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 Roper Technologies Common price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Roper Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 33.66 |
Roper Technologies Common lagged returns against current returns
Autocorrelation, which is Roper Technologies 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 Roper Technologies' stock expected returns. We can calculate the autocorrelation of Roper Technologies returns to help us make a trade decision. For example, suppose you find that Roper Technologies 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 |
Roper Technologies 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 Roper Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Roper Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Roper Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Roper Technologies Lagged Returns
When evaluating Roper Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Roper Technologies stock have on its future price. Roper Technologies 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, Roper Technologies autocorrelation shows the relationship between Roper Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Roper Technologies Common.
Regressed Prices |
| Timeline |
Roper Technologies Investors Sentiment
The influence of Roper Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Roper. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Roper Technologies' public news can be used to forecast risks associated with an investment in Roper. The trend in average sentiment can be used to explain how an investor holding Roper can time the market purely based on public headlines and social activities around Roper Technologies Common. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Roper Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Roper Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Roper Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Roper Technologies.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Roper Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Roper Technologies' short interest history, or implied volatility extrapolated from Roper Technologies options trading.
Currently Active Assets on Macroaxis
When determining whether Roper Technologies Common 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 Roper 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 Roper Technologies Common Stock. Highlighted below are key reports to facilitate an investment decision about Roper Technologies Common Stock:Check out Roper Technologies Correlation, Roper Technologies Volatility and Roper Technologies Alpha and Beta module to complement your research on Roper Technologies. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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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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.