Rocket Companies Stock Performance
| RKT Stock | USD 13.74 0.13 0.96% |
The company holds a Beta of 0.19, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rocket Companies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Rocket Companies is expected to be smaller as well. At this point, Rocket Companies has a negative expected return of -0.61%. Please make sure to check Rocket Companies' maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Rocket Companies performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Rocket Companies has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of inconsistent performance in the last few months, the Stock's forward-looking signals remain comparatively stable which may send shares a bit higher in December 2024. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
Actual Historical Performance (%)
One Day Return 0.96 | Five Day Return 1.78 | Year To Date Return (3.78) | Ten Year Return (36.12) | All Time Return (36.12) |
Dividend Date 2022-03-22 | Ex Dividend Date 2022-03-07 |
1 | Disposition of 46593 shares by Jonathan Mildenhall of Rocket Companies at 19.31 subject to Rule 16b-3 | 09/09/2024 |
2 | Rocket Companies Leaders Unveil Long-term Growth Strategy at Inaugural Investor Day | 09/10/2024 |
3 | Acquisition by Matthew Rizik of 310 shares of Rocket Companies at 14.01 subject to Rule 16b-3 | 10/22/2024 |
4 | Reckitt Benckiser Group PT Lowered to GBX 5,177 | 10/24/2024 |
5 | Disposition of 52494 shares by Shawn Malhotra of Rocket Companies at 15.75 subject to Rule 16b-3 | 11/06/2024 |
6 | Brokerages Set Rocket Companies, Inc. Target Price at 14.89 | 11/08/2024 |
7 | Rocket Companies Announces Third Quarter 2024 Results | 11/12/2024 |
8 | RBC cuts Rocket Cos stock price target on Q3 revenue and EBITDA beat | 11/13/2024 |
9 | Rocket Companies Given Neutral Rating at Wedbush | 11/14/2024 |
10 | BofA upgrades Rocket Cos shares to neutral on balanced valuation | 11/15/2024 |
11 | Rocket Cos. Inc. stock underperforms Friday when compared to competitors despite daily gains - MarketWatch | 11/22/2024 |
| Begin Period Cash Flow | 789.1 M |
Rocket |
Rocket Companies Relative Risk vs. Return Landscape
If you would invest 2,078 in Rocket Companies on August 25, 2024 and sell it today you would lose (699.50) from holding Rocket Companies or give up 33.66% of portfolio value over 90 days. Rocket Companies is generating negative expected returns assuming volatility of 2.5952% on return distribution over 90 days investment horizon. In other words, 23% of stocks are less volatile than Rocket, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Rocket Companies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rocket Companies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Rocket Companies, and traders can use it to determine the average amount a Rocket Companies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.2332
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| Negative Returns | RKT |
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.
Rocket Companies Fundamentals Growth
Rocket Stock prices reflect investors' perceptions of the future prospects and financial health of Rocket Companies, and Rocket Companies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Rocket Stock performance.
| Return On Equity | -0.0291 | ||||
| Return On Asset | 0.005 | ||||
| Profit Margin | (0) % | ||||
| Operating Margin | (0.48) % | ||||
| Current Valuation | 23.52 B | ||||
| Shares Outstanding | 138.4 M | ||||
| Price To Earning | 4.55 X | ||||
| Price To Book | 3.04 X | ||||
| Price To Sales | 6.34 X | ||||
| Revenue | 3.61 B | ||||
| Gross Profit | 6 B | ||||
| EBITDA | 67.35 M | ||||
| Net Income | (15.51 M) | ||||
| Cash And Equivalents | 722.29 M | ||||
| Cash Per Share | 6.85 X | ||||
| Total Debt | 9.56 B | ||||
| Debt To Equity | 1.31 % | ||||
| Current Ratio | 4.03 X | ||||
| Book Value Per Share | 4.50 X | ||||
| Cash Flow From Operations | 110.33 M | ||||
| Earnings Per Share | 1.80 X | ||||
| Market Capitalization | 27.31 B | ||||
| Total Asset | 19.23 B | ||||
| Retained Earnings | 284.3 M | ||||
| Working Capital | 1.07 B | ||||
| Current Asset | 2.43 B | ||||
| Current Liabilities | 1.36 B | ||||
About Rocket Companies Performance
Assessing Rocket Companies' fundamental ratios provides investors with valuable insights into Rocket Companies' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Rocket Companies is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 4.3 K | 4.6 K | |
| Return On Capital Employed | (0.02) | (0.01) | |
| Return On Equity | (0.02) | (0.02) |
Things to note about Rocket Companies performance evaluation
Checking the ongoing alerts about Rocket Companies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Rocket Companies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Rocket Companies generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 3.61 B. Reported Net Loss for the year was (15.51 M) with profit before taxes, overhead, and interest of 6 B. | |
| About 75.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Rocket Cos. Inc. stock underperforms Friday when compared to competitors despite daily gains - MarketWatch |
- Analyzing Rocket Companies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Rocket Companies' stock is overvalued or undervalued compared to its peers.
- Examining Rocket Companies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Rocket Companies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Rocket Companies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Rocket Companies' stock. These opinions can provide insight into Rocket Companies' potential for growth and whether the stock is currently undervalued or overvalued.
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.