Roper Technologies, Stock Forecast - Daily Balance Of Power
| ROP Stock | USD 566.44 2.09 0.37% |
Roper Stock Forecast is based on your current time horizon. Although Roper Technologies,'s naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Roper Technologies,'s systematic risk associated with finding meaningful patterns of Roper Technologies, fundamentals over time.
Roper |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.71) | 0.1351 |
| Check Roper Technologies, Volatility | Backtest Roper Technologies, | Trend Details |
Roper Technologies, Trading Date Momentum
| On October 22 2024 Roper Technologies, Common was traded for 552.10 at the closing time. Highest Roper Technologies,'s price during the trading hours was 556.01 and the lowest price during the day was 550.73 . The net volume was 519.1 K. The overall trading history on the 22nd of October contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.84% . The trading delta at closing time to current price is 2.48% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Roper Technologies,
For every potential investor in Roper, whether a beginner or expert, Roper Technologies,'s price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Roper Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Roper. Basic forecasting techniques help filter out the noise by identifying Roper Technologies,'s price trends.View Roper Technologies, Related Equities
| Risk & Return | Correlation |
Roper Technologies, Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Roper Technologies,'s price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Roper Technologies,'s current price.| Cycle Indicators | ||
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Roper Technologies, Market Strength Events
Market strength indicators help investors to evaluate how Roper Technologies, stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Roper Technologies, shares will generate the highest return on investment. By undertsting and applying Roper Technologies, stock market strength indicators, traders can identify Roper Technologies, Common entry and exit signals to maximize returns.
Roper Technologies, Risk Indicators
The analysis of Roper Technologies,'s basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Roper Technologies,'s investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting roper stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.7586 | |||
| Semi Deviation | 0.9405 | |||
| Standard Deviation | 1.03 | |||
| Variance | 1.07 | |||
| Downside Variance | 0.9589 | |||
| Semi Variance | 0.8845 | |||
| Expected Short fall | (0.80) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Roper Technologies,
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Roper Technologies, position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Roper Technologies, will appreciate offsetting losses from the drop in the long position's value.Moving together with Roper Stock
The ability to find closely correlated positions to Roper Technologies, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Roper Technologies, 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 Roper Technologies, - 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 Roper Technologies, Common to buy it.
The correlation of Roper Technologies, 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Roper Technologies, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Roper Technologies, moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Roper Technologies, can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Roper Stock Analysis
When running Roper Technologies,'s price analysis, check to measure Roper Technologies,'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 Roper Technologies, is operating at the current time. Most of Roper Technologies,'s value examination focuses on studying past and present price action to predict the probability of Roper Technologies,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roper Technologies,'s price. Additionally, you may evaluate how the addition of Roper Technologies, to your portfolios can decrease your overall portfolio volatility.