Rocket Lab Usa Stock Price on October 21, 2024

RKLB Stock  USD 24.06  0.80  3.44%   
If you're considering investing in Rocket Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rocket Lab stands at 24.06, as last reported on the 26th of November, with the highest price reaching 25.58 and the lowest price hitting 22.82 during the day. Rocket Lab is slightly risky given 3 months investment horizon. Rocket Lab USA maintains Sharpe Ratio (i.e., Efficiency) of 0.41, which implies the firm had a 0.41% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.36% are justified by taking the suggested risk. Use Rocket Lab Coefficient Of Variation of 290.21, semi deviation of 2.57, and Risk Adjusted Performance of 0.273 to evaluate company specific risk that cannot be diversified away.
  
As of November 26, 2024, Total Stockholder Equity is expected to decline to about 417.3 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 273.7 M. At present, Rocket Lab's Price To Sales Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 5.04, whereas Price Earnings Ratio is forecasted to decline to (15.32). Rocket Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.4058

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Estimated Market Risk

 5.81
  actual daily
51
51% of assets are less volatile

Expected Return

 2.36
  actual daily
47
53% of assets have higher returns

Risk-Adjusted Return

 0.41
  actual daily
31
69% of assets perform better
Based on monthly moving average Rocket Lab is performing at about 31% of its full potential. 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 Rocket Lab by adding it to a well-diversified portfolio.
Price Book
27.6964
Enterprise Value Ebitda
(16.44)
Price Sales
31.9609
Shares Float
342.5 M
Wall Street Target Price
20.4091

Related Headline

Planet Labs Headline on 21st of October 2024

SAN FRANCISCO, October 21, 2024--Planet Labs PBC , a leading provider of daily data and insights about Earth, today released Analysis-Ready PlanetScope . ARPS harnesses a cutting-edge proprietary algorithm to create harmonized and spatially consistent near-daily stacks of images that enable time-series analysis and machine learning applications.

Rocket Lab Valuation on October 21, 2024

It is possible to determine the worth of Rocket Lab on a given historical date. On October 21, 2024 Rocket was worth 10.85 at the beginning of the trading date compared to the closed value of 11.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rocket Lab stock. Still, in general, we apply an absolute valuation method to find Rocket Lab's 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 Rocket Lab where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rocket Lab's related companies.
 Open High Low Close Volume
  10.77    11.00    10.48    10.81    10,079,084  
10/21/2024
  10.85    11.29    10.68    11.26    10,996,298  
  11.21    11.52    11.03    11.16    10,449,505  
Backtest Rocket Lab  |  Rocket Lab History  |  Rocket Lab Valuation   PreviousNext  
Open Value
10.85
11.26
Closing Value
28.29
Upside

Rocket Lab Trading Date Momentum on October 21, 2024

On October 22 2024 Rocket Lab USA was traded for  11.16  at the closing time. The top price for the day was 11.52  and the lowest listed price was  11.03 . The trading volume for the day was 10.4 M. The trading history from October 22, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.89% . The trading delta at closing time against the current closing price is 3.11% .

Rocket Lab USA Fundamentals Correlations and Trends

By evaluating Rocket Lab's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Rocket Lab's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rocket financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Rocket Lab Stock history

Rocket Lab 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 Rocket is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rocket Lab USA 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 Rocket Lab stock prices may prove useful in developing a viable investing in Rocket Lab
Last ReportedProjected for Next Year
Common Stock Shares Outstanding481.8 M273.7 M
Net Loss-122.3 M-128.5 M

Rocket Lab Quarterly Net Working Capital

485.39 Million

Rocket Lab Stock Technical Analysis

Rocket Lab 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.
A focus of Rocket Lab technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rocket Lab trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Rocket Lab Period Price Range

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November 26, 2024
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Rocket Lab USA 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.

Rocket Lab November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Rocket Lab stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rocket Lab shares will generate the highest return on investment. By undertsting and applying Rocket Lab stock market strength indicators, traders can identify Rocket Lab USA entry and exit signals to maximize returns

Rocket Lab Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Rocket Lab's price direction in advance. Along with the technical and fundamental analysis of Rocket Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rocket 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.

Complementary Tools for Rocket Stock analysis

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