Rollins (Germany) Market Value
| RLS Stock | EUR 46.58 0.35 0.76% |
| Symbol | Rollins |
Rollins '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 Rollins' 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 Rollins.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Rollins on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Rollins or generate 0.0% return on investment in Rollins over 30 days. Rollins is related to or competes with Haier Smart, Corporate Office, Hisense Home, Beazer Homes, KB HOME, LGI Homes, and Home Depot. Rollins, Inc., through its subsidiaries, provides pest and termite control services to residential and commercial custom... More
Rollins 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 Rollins' 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 Rollins upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.6 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 7.6 | |||
| Value At Risk | (2.37) | |||
| Potential Upside | 2.87 |
Rollins Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rollins' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rollins' standard deviation. In reality, there are many statistical measures that can use Rollins historical prices to predict the future Rollins' volatility.| Risk Adjusted Performance | 0.0475 | |||
| Jensen Alpha | 0.0622 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.4862 |
Rollins Backtested Returns
At this point, Rollins is very steady. Rollins maintains Sharpe Ratio (i.e., Efficiency) of 0.047, which implies the firm had a 0.047% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Rollins, which you can use to evaluate the volatility of the company. Please check Rollins' Coefficient Of Variation of 1800.81, risk adjusted performance of 0.0475, and Semi Deviation of 1.5 to confirm if the risk estimate we provide is consistent with the expected return of 0.0753%. Rollins has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of 0.16, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rollins' returns are expected to increase less than the market. However, during the bear market, the loss of holding Rollins is expected to be smaller as well. Rollins right now holds a risk of 1.6%. Please check Rollins value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to decide if Rollins will be following its historical price patterns.
Auto-correlation | -0.44 |
Modest reverse predictability
Rollins has modest reverse predictability. Overlapping area represents the amount of predictability between Rollins time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 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 Rollins price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Rollins price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.98 |
Rollins lagged returns against current returns
Autocorrelation, which is Rollins 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 Rollins' stock expected returns. We can calculate the autocorrelation of Rollins returns to help us make a trade decision. For example, suppose you find that Rollins 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 |
Rollins 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 Rollins stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rollins stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rollins stock over time.
Current vs Lagged Prices |
| Timeline |
Rollins Lagged Returns
When evaluating Rollins' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rollins stock have on its future price. Rollins 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, Rollins autocorrelation shows the relationship between Rollins stock current value and its past values and can show if there is a momentum factor associated with investing in Rollins.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Rollins Stock
When determining whether Rollins is a strong investment it is important to analyze Rollins' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rollins' future performance. For an informed investment choice regarding Rollins Stock, refer to the following important reports:Check out Rollins Correlation, Rollins Volatility and Rollins Alpha and Beta module to complement your research on Rollins. For more detail on how to invest in Rollins Stock please use our How to Invest in Rollins guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Rollins 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.