Regal Beloit Stock Market Value
| RRX Stock | USD 149.54 2.89 1.97% |
| Symbol | Regal |
Regal Beloit Price To Book Ratio
Is Regal Beloit'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 Regal Beloit. If investors know Regal 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 Regal Beloit 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 (0.46) | Dividend Share 1.4 | Earnings Share (0.48) | Revenue Per Share 99.085 | Quarterly Revenue Growth 0.264 |
The market value of Regal Beloit is measured differently than its book value, which is the value of Regal that is recorded on the company's balance sheet. Investors also form their own opinion of Regal Beloit's value that differs from its market value or its book value, called intrinsic value, which is Regal Beloit'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 Regal Beloit's market value can be influenced by many factors that don't directly affect Regal Beloit'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 Regal Beloit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Regal Beloit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Regal Beloit'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.
Regal Beloit '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 Regal Beloit'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 Regal Beloit.
| 05/04/2024 |
| 06/03/2024 |
If you would invest 0.00 in Regal Beloit on May 4, 2024 and sell it all today you would earn a total of 0.00 from holding Regal Beloit or generate 0.0% return on investment in Regal Beloit over 30 days. Regal Beloit is related to or competes with Nel ASA, Graham, Watts Water, CVD Equipment, Dover, Graco, and Illinois Tool. Regal Rexnord Corporation, together with its subsidiaries, designs, manufactures, and sells industrial powertrain soluti... More
Regal Beloit 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 Regal Beloit'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 Regal Beloit upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 9.55 | |||
| Value At Risk | (3.14) | |||
| Potential Upside | 2.41 |
Regal Beloit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Regal Beloit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Regal Beloit's standard deviation. In reality, there are many statistical measures that can use Regal Beloit historical prices to predict the future Regal Beloit's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.1) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Regal Beloit'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.
Regal Beloit Backtested Returns
Regal Beloit maintains Sharpe Ratio (i.e., Efficiency) of -0.077, which implies the firm had a -0.077% return per unit of risk over the last 3 months. Regal Beloit exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Regal Beloit's Coefficient Of Variation of (1,079), variance of 3.72, and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide. The company holds a Beta of 1.94, 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, Regal Beloit will likely underperform. Regal Beloit has an expected return of -0.15%. Please make sure to check Regal Beloit treynor ratio, accumulation distribution, price action indicator, as well as the relationship between the potential upside and day median price , to decide if Regal Beloit performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Regal Beloit has insignificant reverse predictability. Overlapping area represents the amount of predictability between Regal Beloit time series from 4th of May 2024 to 19th of May 2024 and 19th of May 2024 to 3rd of June 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 Regal Beloit price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Regal Beloit price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 29.23 |
Regal Beloit lagged returns against current returns
Autocorrelation, which is Regal Beloit 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 Regal Beloit's stock expected returns. We can calculate the autocorrelation of Regal Beloit returns to help us make a trade decision. For example, suppose you find that Regal Beloit 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 |
Regal Beloit 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 Regal Beloit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Regal Beloit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Regal Beloit stock over time.
Current vs Lagged Prices |
| Timeline |
Regal Beloit Lagged Returns
When evaluating Regal Beloit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Regal Beloit stock have on its future price. Regal Beloit 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, Regal Beloit autocorrelation shows the relationship between Regal Beloit stock current value and its past values and can show if there is a momentum factor associated with investing in Regal Beloit.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Regal Beloit offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Regal Beloit's 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 Regal Beloit Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Regal Beloit Stock:Check out Regal Beloit Correlation, Regal Beloit Volatility and Regal Beloit Alpha and Beta module to complement your research on Regal Beloit. For more information on how to buy Regal Stock please use our How to Invest in Regal Beloit guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Regal Stock analysis
When running Regal Beloit's price analysis, check to measure Regal Beloit'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 Regal Beloit is operating at the current time. Most of Regal Beloit's value examination focuses on studying past and present price action to predict the probability of Regal Beloit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Regal Beloit's price. Additionally, you may evaluate how the addition of Regal Beloit to your portfolios can decrease your overall portfolio volatility.
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Regal Beloit 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.