Rocky Brands Stock Price on October 16, 2024
RCKY Stock | USD 21.82 0.91 4.35% |
If you're considering investing in Rocky Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rocky Brands stands at 21.82, as last reported on the 25th of November, with the highest price reaching 22.03 and the lowest price hitting 21.13 during the day. Rocky Brands maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of risk over the last 3 months. Rocky Brands exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rocky Brands' Coefficient Of Variation of (811.37), variance of 16.11, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
Rocky Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Rocky |
Sharpe Ratio = -0.1232
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Estimated Market Risk
4.01 actual daily | 35 65% of assets are more volatile |
Expected Return
-0.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Rocky Brands is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Rocky Brands by adding Rocky Brands to a well-diversified portfolio.
Rocky Brands Valuation on October 16, 2024
It is possible to determine the worth of Rocky Brands on a given historical date. On October 16, 2024 Rocky was worth 29.73 at the beginning of the trading date compared to the closed value of 30.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rocky Brands stock. Still, in general, we apply an absolute valuation method to find Rocky Brands' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Rocky Brands where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rocky Brands' related companies.
Open | High | Low | Close | Volume | |
29.59 | 30.34 | 29.49 | 29.49 | 21,042 | |
10/16/2024 | 29.73 | 30.44 | 29.73 | 30.12 | 15,371 |
30.31 | 30.31 | 29.79 | 30.06 | 17,502 |
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Rocky Brands Trading Date Momentum on October 16, 2024
On October 17 2024 Rocky Brands was traded for 30.06 at the closing time. The top price for the day was 30.31 and the lowest listed price was 29.79 . The trading volume for the day was 17.5 K. The trading history from October 17, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.20% . The trading delta at closing time against the current closing price is 9.00% . |
Rocky Brands Fundamentals Correlations and Trends
By evaluating Rocky Brands' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Rocky Brands' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rocky financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rocky Brands Stock history
Rocky Brands investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Rocky is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rocky Brands will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Rocky Brands stock prices may prove useful in developing a viable investing in Rocky Brands
Rocky Brands, Inc. designs, manufactures, and markets footwear and apparel under the Rocky, Georgia Boot, Durango, Lehigh, Muck, XTRATUF, Servus, NEOS, Ranger, and licensed Michelin brand names in the United States, Canada, and internationally. Rocky Brands, Inc. was founded in 1932 and is headquartered in Nelsonville, Ohio. Rocky Brands operates under Footwear Accessories classification in the United States and is traded on NASDAQ Exchange. It employs 2800 people.
Rocky Brands Stock Technical Analysis
Rocky Brands technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Rocky Brands Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Rocky Brands cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Rocky Brands November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Rocky Brands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rocky Brands shares will generate the highest return on investment. By undertsting and applying Rocky Brands stock market strength indicators, traders can identify Rocky Brands entry and exit signals to maximize returns
Rocky Brands Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rocky Brands' price direction in advance. Along with the technical and fundamental analysis of Rocky Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rocky to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.09) | |||
Jensen Alpha | (0.63) | |||
Total Risk Alpha | (1.14) | |||
Treynor Ratio | (0.47) |
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Additional Tools for Rocky Stock Analysis
When running Rocky Brands' price analysis, check to measure Rocky Brands' 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 Rocky Brands is operating at the current time. Most of Rocky Brands' value examination focuses on studying past and present price action to predict the probability of Rocky Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rocky Brands' price. Additionally, you may evaluate how the addition of Rocky Brands to your portfolios can decrease your overall portfolio volatility.