Rollins Correlations

RLS Stock

EUR 51.56 0.78 1.54%

The current 90-days correlation between Rollins and Heidelberg Materials AG is -0.01 (i.e., Good diversification). The correlation of Rollins is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Rollins Correlation With Market

Average diversification

The correlation between Rollins and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rollins and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Rollins could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rollins when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rollins - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rollins to buy it.

Moving together with Rollins Stock

0.63	YIT	YIT Oyj	Pair Corr
0.79	NVG	NUVISTA ENERGY	Pair Corr

Moving against Rollins Stock

0.72	FIV	Fiserv Inc	Pair Corr
0.72	J2B	Experian plc	Pair Corr
0.71	ADP	Automatic Data Processing	Pair Corr
0.67	PCX	Paychex	Pair Corr
0.63	GLO	Global Payments	Pair Corr
0.59	EFX	Equifax	Pair Corr
0.41	C2H	Copa Holdings SA	Pair Corr
0.39	VA7A	Verisk Analytics	Pair Corr
0.34	S9M	Silicon Motion Technology	Pair Corr

Related Correlations Analysis

	AP2	1NX	VMC	WN6	GTR	HEI	O3I	I1M
AP2		-0.28	-0.01	-0.74	0.85	0.84	-0.04	-0.01	AP2
1NX	-0.28		0.44	0.43	-0.5	-0.55	0.72	0.33	1NX
VMC	-0.01	0.44		0.39	-0.21	-0.27	0.56	-0.03	VMC
WN6	-0.74	0.43	0.39		-0.83	-0.86	0.2	0.17	WN6
GTR	0.85	-0.5	-0.21	-0.83		0.9	-0.31	-0.23	GTR
HEI	0.84	-0.55	-0.27	-0.86	0.9		-0.35	-0.09	HEI
O3I	-0.04	0.72	0.56	0.2	-0.31	-0.35		0.24	O3I
I1M	-0.01	0.33	-0.03	0.17	-0.23	-0.09	0.24		I1M
	AP2	1NX	VMC	WN6	GTR	HEI	O3I	I1M

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

HEI	+ 0.9	GTR
GTR	+ 0.85	AP2
HEI	+ 0.84	AP2
O3I	+ 0.72	1NX
O3I	+ 0.56	VMC
VMC	+ 0.44	1NX

High negative correlations

HEI	- 0.86	WN6
GTR	- 0.83	WN6
WN6	- 0.74	AP2
HEI	- 0.55	1NX
GTR	- 0.5	1NX
O3I	- 0.35	HEI

Risk-Adjusted Indicators

There is a big difference between Rollins Stock performing well and Rollins Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Rollins' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
AP2	2.44	0.44	0.14	0.68	2.60	(2.79)	5.34	(4.62)	18.54
1NX	1.37	(0.02)	(0.01)	0.06	2.32	(1.62)	5.76	(1.81)	18.35
VMC	1.05	0.02	(0.02)	0.13	1.30	(1.39)	2.40	(2.38)	7.32
WN6	1.13	(0.31)	0.00	(1.45)	0.00	0.00	1.96	(2.60)	5.70
GTR	1.71	0.29	0.13	1.25	1.46	(2.32)	4.79	(2.26)	13.70
HEI	1.33	0.34	0.16	(1.21)	1.22	(1.59)	3.59	(2.18)	9.96
O3I	1.41	0.03	(0.02)	0.25	1.77	(1.66)	3.06	(2.13)	11.50
I1M	1.33	0.16	0.04	(3.34)	1.43	(1.46)	2.76	(2.36)	11.39

Be your own money manager

Our tools can tell you how much better you can do entering a position in Rollins without increasing your portfolio risk or giving up the 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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Rollins Corporate Management

Elected by the shareholders, the Rollins' board of directors comprises two types of representatives: Rollins inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rollins. The board's role is to monitor Rollins' management team and ensure that shareholders' interests are well served. Rollins' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Rollins' outside directors are responsible for providing unbiased perspectives on the board's policies.

Elizabeth Chandler	Corporate Secretary	Profile
Freeman Elliott	Pres US	Profile
Thomas Tesh	Chief Officer	Profile
Steven Leavitt	Group Brands	Profile
Jerry Gahlhoff	COO Pres	Profile

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