Rogers Stock Market Value

ROG Stock  USD 118.69  1.79  1.49%   
Rogers' market value is the price at which a share of Rogers trades on a public exchange. It measures the collective expectations of Rogers investors about its performance. Rogers is trading at 118.69 as of the 29th of March 2024. This is a -1.49 percent decrease since the beginning of the trading day. The stock's lowest day price was 118.02.
With this module, you can estimate the performance of a buy and hold strategy of Rogers and determine expected loss or profit from investing in Rogers over a given investment horizon. Check out Rogers Correlation, Rogers Volatility and Rogers Alpha and Beta module to complement your research on Rogers.
For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers guide.
Symbol

Rogers Price To Book Ratio

Is Rogers' industry 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 Rogers. If investors know Rogers 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 Rogers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.65)
Earnings Share
3.02
Revenue Per Share
48.839
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0205
The market value of Rogers is measured differently than its book value, which is the value of Rogers that is recorded on the company's balance sheet. Investors also form their own opinion of Rogers' value that differs from its market value or its book value, called intrinsic value, which is Rogers' 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 Rogers' market value can be influenced by many factors that don't directly affect Rogers' 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 Rogers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rogers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rogers' 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.

Rogers '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 Rogers' 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 Rogers.
0.00
02/28/2024
No Change 0.00  0.0 
In 30 days
03/29/2024
0.00
If you would invest  0.00  in Rogers on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding Rogers or generate 0.0% return on investment in Rogers over 30 days. Rogers is related to or competes with Fabrinet, Meta Materials, Deswell Industries, Via OptronicsAg, Vicor, M Tron, and Maris Tech. Rogers Corporation designs, develops, manufactures, and sells engineered materials and components worldwide More

Rogers 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 Rogers' 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 Rogers upside and downside potential and time the market with a certain degree of confidence.

Rogers Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Rogers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rogers' standard deviation. In reality, there are many statistical measures that can use Rogers historical prices to predict the future Rogers' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rogers' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
117.52119.30121.08
Details
Intrinsic
Valuation
LowRealHigh
106.82141.89143.67
Details
Naive
Forecast
LowNextHigh
115.49117.26119.04
Details
2 Analysts
Consensus
LowTargetHigh
191.10210.00233.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Rogers. Your research has to be compared to or analyzed against Rogers' peers to derive any actionable benefits. When done correctly, Rogers' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Rogers.

Rogers Backtested Returns

Rogers maintains Sharpe Ratio (i.e., Efficiency) of -0.0939, which implies the firm had a -0.0939% return per unit of risk over the last 3 months. Rogers exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rogers' Variance of 2.96, coefficient of variation of (861.47), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide. The company holds a Beta of 1.53, 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, Rogers will likely underperform. Rogers has an expected return of -0.17%. Please make sure to check Rogers value at risk, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Rogers performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.53  

Modest predictability

Rogers has modest predictability. Overlapping area represents the amount of predictability between Rogers time series from 28th of February 2024 to 14th of March 2024 and 14th of March 2024 to 29th of March 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 Rogers price movement. The serial correlation of 0.53 indicates that about 53.0% of current Rogers price fluctuation can be explain by its past prices.
Correlation Coefficient0.53
Spearman Rank Test0.04
Residual Average0.0
Price Variance2.62

Rogers lagged returns against current returns

Autocorrelation, which is Rogers 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 Rogers' stock expected returns. We can calculate the autocorrelation of Rogers returns to help us make a trade decision. For example, suppose you find that Rogers 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  

Rogers 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 Rogers stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rogers stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rogers stock over time.
   Current vs Lagged Prices   
       Timeline  

Rogers Lagged Returns

When evaluating Rogers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rogers stock have on its future price. Rogers 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, Rogers autocorrelation shows the relationship between Rogers stock current value and its past values and can show if there is a momentum factor associated with investing in Rogers.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

When determining whether Rogers is a strong investment it is important to analyze Rogers' 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 Rogers' future performance. For an informed investment choice regarding Rogers Stock, refer to the following important reports:
Check out Rogers Correlation, Rogers Volatility and Rogers Alpha and Beta module to complement your research on Rogers.
For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Rogers Stock analysis

When running Rogers' price analysis, check to measure Rogers' 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 Rogers is operating at the current time. Most of Rogers' value examination focuses on studying past and present price action to predict the probability of Rogers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rogers' price. Additionally, you may evaluate how the addition of Rogers to your portfolios can decrease your overall portfolio volatility.
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Rogers 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.
A focus of Rogers technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rogers trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...