Rocket Lab Usa Stock Market Value
| RKLB Stock | USD 22.41 2.23 11.05% |
| Symbol | Rocket |
Rocket Lab USA Price To Book Ratio
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rocket Lab. If investors know Rocket will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rocket Lab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.38) | Revenue Per Share 0.739 | Quarterly Revenue Growth 0.549 | Return On Assets (0.11) | Return On Equity (0.37) |
The market value of Rocket Lab USA is measured differently than its book value, which is the value of Rocket that is recorded on the company's balance sheet. Investors also form their own opinion of Rocket Lab's value that differs from its market value or its book value, called intrinsic value, which is Rocket Lab's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rocket Lab's market value can be influenced by many factors that don't directly affect Rocket Lab's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rocket Lab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rocket Lab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rocket Lab's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Rocket Lab '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 Rocket Lab's 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 Rocket Lab.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Rocket Lab on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Rocket Lab USA or generate 0.0% return on investment in Rocket Lab over 720 days. Rocket Lab is related to or competes with Redwire Corp, Momentus, Planet Labs, Virgin Galactic, Boeing, Lockheed Martin, and HEICO. Rocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense in... More
Rocket Lab 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 Rocket Lab's 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 Rocket Lab USA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.66 | |||
| Information Ratio | 0.3094 | |||
| Maximum Drawdown | 36.25 | |||
| Value At Risk | (4.74) | |||
| Potential Upside | 12.54 |
Rocket Lab Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rocket Lab's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rocket Lab's standard deviation. In reality, there are many statistical measures that can use Rocket Lab historical prices to predict the future Rocket Lab's volatility.| Risk Adjusted Performance | 0.2588 | |||
| Jensen Alpha | 1.66 | |||
| Total Risk Alpha | 1.16 | |||
| Sortino Ratio | 0.5005 | |||
| Treynor Ratio | 0.7011 |
Rocket Lab USA Backtested Returns
Rocket Lab is slightly risky given 3 months investment horizon. Rocket Lab USA maintains Sharpe Ratio (i.e., Efficiency) of 0.35, which implies the firm had a 0.35% return per unit of risk over the last 3 months. We were able to break down and interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 2.06% are justified by taking the suggested risk. Use Rocket Lab Semi Deviation of 2.57, risk adjusted performance of 0.2588, and Coefficient Of Variation of 305.0 to evaluate company specific risk that cannot be diversified away. Rocket Lab holds a performance score of 27 on a scale of zero to a hundred. The company holds a Beta of 2.75, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Rocket Lab will likely underperform. Use Rocket Lab maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to analyze future returns on Rocket Lab.
Auto-correlation | -0.09 |
Very weak reverse predictability
Rocket Lab USA has very weak reverse predictability. Overlapping area represents the amount of predictability between Rocket Lab time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Rocket Lab USA price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Rocket Lab price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 8.84 |
Rocket Lab USA lagged returns against current returns
Autocorrelation, which is Rocket Lab 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 Rocket Lab's stock expected returns. We can calculate the autocorrelation of Rocket Lab returns to help us make a trade decision. For example, suppose you find that Rocket Lab 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 |
Rocket Lab 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 Rocket Lab stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rocket Lab stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rocket Lab stock over time.
Current vs Lagged Prices |
| Timeline |
Rocket Lab Lagged Returns
When evaluating Rocket Lab's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rocket Lab stock have on its future price. Rocket Lab 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, Rocket Lab autocorrelation shows the relationship between Rocket Lab stock current value and its past values and can show if there is a momentum factor associated with investing in Rocket Lab USA.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Rocket Lab USA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rocket Lab's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rocket Lab Usa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rocket Lab Usa Stock:Check out Rocket Lab Correlation, Rocket Lab Volatility and Rocket Lab Alpha and Beta module to complement your research on Rocket Lab. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.