Rocket Companies Stock Price on May 30, 2024
| RKT Stock | USD 13.74 0.13 0.96% |
Below is the normalized historical share price chart for Rocket Companies extending back to August 06, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Rocket Companies stands at 13.74, as last reported on the 23rd of November, with the highest price reaching 13.91 and the lowest price hitting 13.69 during the day.
If you're considering investing in Rocket Stock, it is important to understand the factors that can impact its price. Rocket Companies maintains Sharpe Ratio (i.e., Efficiency) of -0.23, which implies the firm had a -0.23% return per unit of risk over the last 3 months. Rocket Companies exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rocket Companies' Risk Adjusted Performance of (0.14), coefficient of variation of (519.11), and Variance of 7.06 to confirm the risk estimate we provide.
At this time, Rocket Companies' Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 25.9 B in 2024, whereas Other Stockholder Equity is likely to drop slightly above 263.5 M in 2024. . At this time, Rocket Companies' Price Earnings To Growth Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 17.73 in 2024, whereas Price Book Value Ratio is likely to drop 1.76 in 2024. Rocket Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of August 2020 | 200 Day MA 15.1587 | 50 Day MA 17.1314 | Beta 2.439 |
Rocket |
Sharpe Ratio = -0.2332
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Estimated Market Risk
| 2.6 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.61 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Rocket Companies 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 Rocket Companies by adding Rocket Companies to a well-diversified portfolio.
Price Book 3.0423 | Price Sales 6.3433 | Shares Float 136.2 M | Wall Street Target Price 15.6071 | Earnings Share 1.802 |
Rocket Companies Valuation on May 30, 2024
It is possible to determine the worth of Rocket Companies on a given historical date. On May 30, 2024 Rocket was worth 13.88 at the beginning of the trading date compared to the closed value of 13.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rocket Companies stock. Still, in general, we apply an absolute valuation method to find Rocket Companies' 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 Companies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rocket Companies' related companies.
| Open | High | Low | Close | Volume | |
| 13.61 | 13.76 | 13.50 | 13.57 | 1,407,337 | |
05/30/2024 | 13.88 | 14.11 | 13.70 | 13.82 | 1,767,827 |
| 13.91 | 14.01 | 13.70 | 13.90 | 1,449,291 |
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Rocket Companies Trading Date Momentum on May 30, 2024
| On May 31 2024 Rocket Companies was traded for 13.90 at the closing time. Highest Rocket Companies's price during the trading hours was 14.01 and the lowest price during the day was 13.70 . The net volume was 1.4 M. The overall trading history on the 31st of May contributed to the next trading period price appreciation. The trading delta at closing time to the next next day price was 0.58% . The trading delta at closing time to current price is 1.88% . |
Rocket Companies Fundamentals Correlations and Trends
By evaluating Rocket Companies' 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 Companies' 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 Companies Stock history
Rocket Companies 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 Companies 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 Companies stock prices may prove useful in developing a viable investing in Rocket Companies
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2 B | 1.9 B | |
| Net Income Applicable To Common Shares | 41.8 M | 39.7 M |
Rocket Companies Stock Technical Analysis
Rocket Companies 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
Rocket Companies Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Rocket Companies cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 Companies November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Rocket Companies 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 Companies shares will generate the highest return on investment. By undertsting and applying Rocket Companies stock market strength indicators, traders can identify Rocket Companies entry and exit signals to maximize returns
Rocket Companies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rocket Companies' 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.
| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.54) | |||
| Total Risk Alpha | (0.94) | |||
| Treynor Ratio | (2.75) |
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Additional Tools for Rocket Stock Analysis
When running Rocket Companies' price analysis, check to measure Rocket Companies' 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 Companies is operating at the current time. Most of Rocket Companies' value examination focuses on studying past and present price action to predict the probability of Rocket Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rocket Companies' price. Additionally, you may evaluate how the addition of Rocket Companies to your portfolios can decrease your overall portfolio volatility.