Rollins Correlations

ROL Stock

USD 49.63 0.19 0.38%

The current 90-days correlation between Rollins and Diversey Holdings is 0.07 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rollins moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rollins moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Rollins Correlation With Market

Average diversification

The correlation between Rollins and DJI is 0.18 (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.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rollins. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Rollins Stock please use our How to buy in Rollins Stock guide.

Moving together with Rollins Stock

0.69

FORR

Forrester Research

Pair Corr

Moving against Rollins Stock

0.38	NL	NL Industries	Pair Corr
0.52	WLDN	Willdan Group	Pair Corr
0.33	DSS	DSS Inc	Pair Corr

Related Correlations Analysis

	DSEY	CSV	FTDR	MCW	BFAM	HRB	SCI	EM
DSEY		0.49	0.71	0.57	-0.69	-0.8	0.32	0.61	DSEY
CSV	0.49		0.84	0.94	-0.82	-0.48	0.95	0.0	CSV
FTDR	0.71	0.84		0.86	-0.9	-0.62	0.74	0.2	FTDR
MCW	0.57	0.94	0.86		-0.81	-0.47	0.86	0.14	MCW
BFAM	-0.69	-0.82	-0.9	-0.81		0.69	-0.72	-0.28	BFAM
HRB	-0.8	-0.48	-0.62	-0.47	0.69		-0.35	-0.43	HRB
SCI	0.32	0.95	0.74	0.86	-0.72	-0.35		-0.22	SCI
EM	0.61	0.0	0.2	0.14	-0.28	-0.43	-0.22		EM
	DSEY	CSV	FTDR	MCW	BFAM	HRB	SCI	EM

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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

SCI	+ 0.95	CSV
MCW	+ 0.94	CSV
MCW	+ 0.86	FTDR
SCI	+ 0.86	MCW
FTDR	+ 0.84	CSV
SCI	+ 0.74	FTDR

High negative correlations

BFAM	- 0.9	FTDR
BFAM	- 0.82	CSV
BFAM	- 0.81	MCW
HRB	- 0.8	DSEY
SCI	- 0.72	BFAM
BFAM	- 0.69	DSEY

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
DSEY	0.19	0.04	(0.15)	1.13	0.00	(0.29)	0.49	(0.36)	1.22
CSV	1.19	0.27	0.20	0.59	0.85	(1.41)	2.84	(2.10)	16.85
FTDR	1.32	0.18	0.13	0.26	1.17	(1.49)	3.68	(2.33)	8.60
MCW	1.68	0.23	0.13	0.33	1.41	(2.02)	4.63	(3.20)	16.56
BFAM	1.14	(0.31)	0.00	(3.20)	0.00	0.00	1.71	(2.27)	15.27
HRB	1.05	(0.29)	0.00	(0.38)	0.00	0.00	2.08	(2.11)	11.70
SCI	0.88	0.16	0.13	0.41	0.73	(1.12)	2.11	(1.37)	8.36
EM	3.23	0.04	0.00	0.15	3.21	(4.73)	7.04	(5.66)	36.17

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