Rockwell Automation Stock Probability of Future Stock Price Finishing Under 259.56
| ROK Stock | USD 295.14 0.19 0.06% |
Rockwell |
Rockwell Automation Target Price Odds to finish below 259.56
The tendency of Rockwell Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 259.56 or more in 90 days |
| 295.14 | 90 days | 259.56 | about 16.56 |
Based on a normal probability distribution, the odds of Rockwell Automation to drop to $ 259.56 or more in 90 days from now is about 16.56 (This Rockwell Automation probability density function shows the probability of Rockwell Stock to fall within a particular range of prices over 90 days) . Probability of Rockwell Automation price to stay between $ 259.56 and its current price of $295.14 at the end of the 90-day period is about 82.33 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.76 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Rockwell Automation will likely underperform. Additionally Rockwell Automation has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Rockwell Automation Price Density |
| Price |
Predictive Modules for Rockwell Automation
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rockwell Automation. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Rockwell Automation Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rockwell Automation is not an exception. The market had few large corrections towards the Rockwell Automation's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Rockwell Automation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rockwell Automation within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 1.76 | |
σ | Overall volatility | 10.73 | |
Ir | Information ratio | 0.03 |
Rockwell Automation Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Rockwell Automation for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rockwell Automation can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 85.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Industrial Asset Management Market to reach 557.5 Bn by 2032, Says Global Market Insights Inc. |
Rockwell Automation Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Rockwell Stock often depends not only on the future outlook of the current and potential Rockwell Automation's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Rockwell Automation's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 114.5 M | |
| Cash And Short Term Investments | 471.3 M |
Rockwell Automation Technical Analysis
Rockwell Automation's future price can be derived by breaking down and analyzing its technical indicators over time. Rockwell Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rockwell Automation. In general, you should focus on analyzing Rockwell Stock price patterns and their correlations with different microeconomic environments and drivers.
Rockwell Automation Predictive Forecast Models
Rockwell Automation's time-series forecasting models is one of many Rockwell Automation's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Rockwell Automation's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Rockwell Automation
Checking the ongoing alerts about Rockwell Automation for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rockwell Automation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 85.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Industrial Asset Management Market to reach 557.5 Bn by 2032, Says Global Market Insights Inc. |
Check out Rockwell Automation Backtesting, Rockwell Automation Valuation, Rockwell Automation Correlation, Rockwell Automation Hype Analysis, Rockwell Automation Volatility, Rockwell Automation History as well as Rockwell Automation Performance. For more information on how to buy Rockwell Stock please use our How to buy in Rockwell Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Electrical Components & Equipment space 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 Rockwell Automation. If investors know Rockwell 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 Rockwell Automation 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 (0.20) | Dividend Share 5 | Earnings Share 8.29 | Revenue Per Share 72.493 | Quarterly Revenue Growth (0.21) |
The market value of Rockwell Automation is measured differently than its book value, which is the value of Rockwell that is recorded on the company's balance sheet. Investors also form their own opinion of Rockwell Automation's value that differs from its market value or its book value, called intrinsic value, which is Rockwell Automation'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 Rockwell Automation's market value can be influenced by many factors that don't directly affect Rockwell Automation'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 Rockwell Automation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rockwell Automation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rockwell Automation'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.