Root Return On Capital Employed from 2010 to 2024

ROOT Stock  USD 99.06  2.80  2.75%   
Root Return On Capital Employed yearly trend continues to be comparatively stable with very little volatility. Return On Capital Employed will likely drop to -0.08 in 2024. From the period from 2010 to 2024, Root Return On Capital Employed quarterly data regression had mean square error of  0.01 and mean deviation of  0.1. View All Fundamentals
 
Return On Capital Employed  
First Reported
2010-12-31
Previous Quarter
(0.08)
Current Value
(0.08)
Quarterly Volatility
0.12118509
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Root financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Root's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 34.4 M or Depreciation And Amortization of 7.2 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0 or PTB Ratio of 0.57. Root financial statements analysis is a perfect complement when working with Root Valuation or Volatility modules.
  
Check out the analysis of Root Correlation against competitors.

Latest Root's Return On Capital Employed Growth Pattern

Below is the plot of the Return On Capital Employed of Root Inc over the last few years. It is Root's Return On Capital Employed historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Root's overall financial position and show how it may be relating to other accounts over time.
Return On Capital Employed10 Years Trend
Slightly volatile
   Return On Capital Employed   
       Timeline  

Root Return On Capital Employed Regression Statistics

Arithmetic Mean(0.33)
Coefficient Of Variation(36.82)
Mean Deviation0.1
Median(0.39)
Standard Deviation0.12
Sample Variance0.01
Range0.369
R-Value0.68
Mean Square Error0.01
R-Squared0.46
Significance0.01
Slope0.02
Total Sum of Squares0.21

Root Return On Capital Employed History

2024 -0.0789
2023 -0.0752
2022 -0.21
2021 -0.44
2020 -0.22
2019 -0.42

About Root Financial Statements

Root shareholders use historical fundamental indicators, such as Return On Capital Employed, to determine how well the company is positioned to perform in the future. Although Root investors may analyze each financial statement separately, they are all interrelated. The changes in Root's assets and liabilities, for example, are also reflected in the revenues and expenses on on Root's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Capital Employed(0.08)(0.08)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Root Stock Analysis

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