Rogers Stock Market Value

ROG -  USA Stock  

USD 262.10  1.76  0.68%

Rogers Corp's market value is the price at which a share of Rogers Corp stock trades on a public exchange. It measures the collective expectations of Rogers Corp investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Rogers Corp and determine expected loss or profit from investing in Rogers Corp over a given investment horizon. Additionally, take a look at Rogers Corp Hype Analysis, Rogers Corp Correlation, Rogers Corp Valuation, Rogers Corp Volatility, as well as analyze Rogers Corp Alpha and Beta and Rogers Corp Performance.
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Is Rogers Corp'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 Rogers Corp. If investors know Rogers 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 Rogers Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Rogers Corp is measured differently than its book value, which is the value of Rogers that is recorded on the company's balance sheet. Investors also form their own opinion of Rogers Corp's value that differs from its market value or its book value, called intrinsic value, which is Rogers Corp'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 Rogers Corp's market value can be influenced by many factors that don't directly affect Rogers Corp'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 Rogers Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Rogers Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rogers Corp'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.

Rogers Corp '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 Rogers Corp'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 Rogers Corp.
0.00
06/06/2020
No Change 0.00  0.0 
In 1 year 11 months and 21 days
05/27/2022
0.00
If you would invest  0.00  in Rogers Corp on June 6, 2020 and sell it all today you would earn a total of 0.00 from holding Rogers Corp or generate 0.0% return on investment in Rogers Corp over 720 days. Rogers Corp is related to or competes with Amphenol Corp, Te Connectivity, and Corning. Rogers Corporation designs, develops, manufactures, and sells engineered materials and components worldwide

Rogers Corp 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 Rogers Corp'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 Rogers Corp upside and downside potential and time the market with a certain degree of confidence.

Rogers Corp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Rogers Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rogers Corp's standard deviation. In reality, there are many statistical measures that can use Rogers Corp historical prices to predict the future Rogers Corp's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Rogers Corp'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. Please use the tools below to analyze the current value of Rogers Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
261.47262.10262.73
Details
Intrinsic
Valuation
LowReal ValueHigh
235.89270.10270.73
Details
Naive
Forecast
LowNext ValueHigh
261.39262.02262.65
Details
4 Analysts
Consensus
LowTarget PriceHigh
277.00277.00277.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Rogers Corp. Your research has to be compared to or analyzed against Rogers Corp's peers to derive any actionable benefits. When done correctly, Rogers Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Rogers Corp.

Rogers Corp Backtested Returns

Rogers Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0998, which implies the firm had -0.0998% of return per unit of risk over the last 3 months. Macroaxis standpoint towards forecasting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Rogers Corp exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Rogers Corp risk adjusted performance of (0.13), and Coefficient Of Variation of (1,106) to confirm the risk estimate we provide.
The company holds a Beta of 0.1155, which implies not very significant fluctuations relative to the market. Let's try to break down what Rogers's beta means in this case. As returns on the market increase, Rogers Corp returns are expected to increase less than the market. However, during the bear market, the loss on holding Rogers Corp will be expected to be smaller as well. Even though it is essential to pay attention to Rogers Corp current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Our philosophy towards forecasting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Rogers Corp exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Rogers Corp has an expected return of -0.0627%. Please be advised to check Rogers Corp downside variance, and the relationship between the sortino ratio and accumulation distribution to decide if Rogers Corp performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.89  

Very good predictability

Rogers Corp has very good predictability. Overlapping area represents the amount of predictability between Rogers Corp time series from 6th of June 2020 to 1st of June 2021 and 1st of June 2021 to 27th of May 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Rogers Corp price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Rogers Corp price fluctuation can be explain by its past prices.
Correlation Coefficient0.89
Spearman Rank Test0.77
Residual Average0.0
Price Variance1476.09

Rogers Corp lagged returns against current returns

Autocorrelation, which is Rogers Corp 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 Rogers Corp's stock expected returns. We can calculate the autocorrelation of Rogers Corp returns to help us make a trade decision. For example, suppose you find that Rogers Corp stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Rogers Corp 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 Rogers Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rogers Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rogers Corp stock over time.
 Current vs Lagged Prices 
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      Timeline 

Rogers Corp Lagged Returns

When evaluating Rogers Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rogers Corp stock have on its future price. Rogers Corp 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, Rogers Corp autocorrelation shows the relationship between Rogers Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Rogers Corp.
 Regressed Prices 
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      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Rogers Corp without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at Rogers Corp Hype Analysis, Rogers Corp Correlation, Rogers Corp Valuation, Rogers Corp Volatility, as well as analyze Rogers Corp Alpha and Beta and Rogers Corp Performance. Note that the Rogers Corp information on this page should be used as a complementary analysis to other Rogers Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Complementary Tools for Rogers Stock analysis

When running Rogers Corp price analysis, check to measure Rogers Corp'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 Rogers Corp is operating at the current time. Most of Rogers Corp's value examination focuses on studying past and present price action to predict the probability of Rogers Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Rogers Corp's price. Additionally, you may evaluate how the addition of Rogers Corp to your portfolios can decrease your overall portfolio volatility.
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Rogers Corp 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 Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rogers Corp 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...