Roper Technologies (UK) Market Value
| 0KXM Stock | 558.84 2.18 0.39% |
| Symbol | Roper |
Roper Technologies 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Roper Technologies' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Roper Technologies.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Roper Technologies on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Roper Technologies or generate 0.0% return on investment in Roper Technologies over 30 days. Roper Technologies is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Toyota, Reliance Industries, SoftBank Group, and Hon Hai. Roper Technologies is entity of United Kingdom More
Roper Technologies Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Roper Technologies' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Roper Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.12 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 6.98 | |||
| Value At Risk | (1.37) | |||
| Potential Upside | 1.46 |
Roper Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roper Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Roper Technologies' standard deviation. In reality, there are many statistical measures that can use Roper Technologies historical prices to predict the future Roper Technologies' volatility.| Risk Adjusted Performance | 0.0331 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0398 |
Roper Technologies Backtested Returns
Currently, Roper Technologies is very steady. Roper Technologies maintains Sharpe Ratio (i.e., Efficiency) of 0.0231, which implies the firm had a 0.0231% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Roper Technologies, which you can use to evaluate the volatility of the company. Please check Roper Technologies' Semi Deviation of 1.08, coefficient of variation of 2514.82, and Risk Adjusted Performance of 0.0331 to confirm if the risk estimate we provide is consistent with the expected return of 0.0243%. Roper Technologies has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 0.78, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Roper Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Roper Technologies is expected to be smaller as well. Roper Technologies right now holds a risk of 1.05%. Please check Roper Technologies downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Roper Technologies will be following its historical price patterns.
Auto-correlation | -0.09 |
Very weak reverse predictability
Roper Technologies has very weak reverse predictability. Overlapping area represents the amount of predictability between Roper Technologies time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Roper Technologies price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Roper Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 71.14 |
Roper Technologies lagged returns against current returns
Autocorrelation, which is Roper Technologies stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Roper Technologies' stock expected returns. We can calculate the autocorrelation of Roper Technologies returns to help us make a trade decision. For example, suppose you find that Roper Technologies has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Roper Technologies regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Roper Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Roper Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Roper Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Roper Technologies Lagged Returns
When evaluating Roper Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Roper Technologies stock have on its future price. Roper Technologies autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Roper Technologies autocorrelation shows the relationship between Roper Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Roper Technologies.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Roper Stock Analysis
When running Roper Technologies' price analysis, check to measure Roper Technologies' 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' value examination focuses on studying past and present price action to predict the probability of Roper Technologies' 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' price. Additionally, you may evaluate how the addition of Roper Technologies to your portfolios can decrease your overall portfolio volatility.