Root Inc Stock Performance
| ROOT Stock | USD 108.44 0.79 0.72% |
Root holds a performance score of 15 on a scale of zero to a hundred. The company holds a Beta of -0.38, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Root are expected to decrease at a much lower rate. During the bear market, Root is likely to outperform the market. Use Root potential upside, as well as the relationship between the accumulation distribution and price action indicator , to analyze future returns on Root.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Root Inc are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively inconsistent basic indicators, Root unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 2.31 | Five Day Return 7.65 | Year To Date Return 959.69 | Ten Year Return (77.17) | All Time Return (77.17) |
Last Split Factor 1:18 | Last Split Date 2022-08-15 |
1 | Disposition of 1611 shares by Malka Meyer of Root at 83.3616 subject to Rule 16b-3 | 11/07/2024 |
2 | Disposition of 1200 shares by Malka Meyer of Root at 85.3079 subject to Rule 16b-3 | 11/08/2024 |
3 | Disposition of 2300 shares by Malka Meyer of Root at 86.0617 subject to Rule 16b-3 | 11/11/2024 |
4 | Root Inc Shares Up 3.25 percent on Nov 13 | 11/13/2024 |
5 | Disposition of 2000 shares by Szudarek Julie of Root at 96.333 subject to Rule 16b-3 | 11/18/2024 |
6 | Director Julie Szudarek Sells 2,000 Shares of Root Inc | 11/21/2024 |
7 | Root stock momentum slows as peers ramp up competition, notes JMP | 11/22/2024 |
| Begin Period Cash Flow | 763.1 M | |
| Free Cash Flow | -43 M |
Root |
Root Relative Risk vs. Return Landscape
If you would invest 4,188 in Root Inc on August 28, 2024 and sell it today you would earn a total of 6,656 from holding Root Inc or generate 158.93% return on investment over 90 days. Root Inc is currently generating 1.8347% in daily expected returns and assumes 9.5427% risk (volatility on return distribution) over the 90 days horizon. In different words, 84% of stocks are less volatile than Root, and 64% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Root Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Root's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Root Inc, and traders can use it to determine the average amount a Root's 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 = 0.1923
| Best Portfolio | Best Equity | |||
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| Average Returns | ROOT | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 9.54 actual daily | 84 84% of assets are less volatile |
Expected Return
| 1.83 actual daily | 36 64% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Root is performing at about 15% of its full potential. 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 Root by adding it to a well-diversified portfolio.
Root Fundamentals Growth
Root Stock prices reflect investors' perceptions of the future prospects and financial health of Root, and Root 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 Root Stock performance.
| Return On Equity | -0.0521 | ||||
| Return On Asset | 0.0148 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 1.26 B | ||||
| Shares Outstanding | 10.7 M | ||||
| Price To Book | 9.00 X | ||||
| Price To Sales | 1.57 X | ||||
| Revenue | 455 M | ||||
| Gross Profit | (40.2 M) | ||||
| EBITDA | (88.7 M) | ||||
| Net Income | (147.4 M) | ||||
| Cash And Equivalents | 886.1 M | ||||
| Cash Per Share | 62.55 X | ||||
| Total Debt | 299 M | ||||
| Debt To Equity | 0.58 % | ||||
| Current Ratio | 3.92 X | ||||
| Book Value Per Share | 12.13 X | ||||
| Cash Flow From Operations | (33.6 M) | ||||
| Earnings Per Share | (1.15) X | ||||
| Market Capitalization | 1.64 B | ||||
| Total Asset | 1.35 B | ||||
| Retained Earnings | (1.72 B) | ||||
About Root Performance
Assessing Root's fundamental ratios provides investors with valuable insights into Root's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Root 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 | ||
| Return On Tangible Assets | (0.11) | (0.12) | |
| Return On Capital Employed | (0.08) | (0.08) | |
| Return On Assets | (0.11) | (0.11) | |
| Return On Equity | (0.53) | (0.50) |
Things to note about Root Inc performance evaluation
Checking the ongoing alerts about Root for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Root Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Root Inc is way too risky over 90 days horizon | |
| Root Inc appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 455 M. Net Loss for the year was (147.4 M) with loss before overhead, payroll, taxes, and interest of (40.2 M). | |
| Root Inc currently holds about 886.1 M in cash with (33.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 62.55. | |
| Root Inc has a poor financial position based on the latest SEC disclosures | |
| Roughly 70.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Root stock momentum slows as peers ramp up competition, notes JMP |
- Analyzing Root's 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 Root's stock is overvalued or undervalued compared to its peers.
- Examining Root's 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 Root's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Root's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Root's stock. These opinions can provide insight into Root's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Root Stock Analysis
When running Root's price analysis, check to measure Root's 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 Root is operating at the current time. Most of Root's value examination focuses on studying past and present price action to predict the probability of Root's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Root's price. Additionally, you may evaluate how the addition of Root to your portfolios can decrease your overall portfolio volatility.