Rogers Communications Stock Technical Analysis

RCI Stock  USD 39.12  0.11  0.28%   
As of the 22nd of May, Rogers Communications holds the Risk Adjusted Performance of (0.10), variance of 1.3, and Coefficient Of Variation of (542.11). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rogers Communications, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down thirteen technical drivers for Rogers Communications, which can be compared to its competitors. Please check Rogers Communications standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if Rogers Communications is priced some-what accurately, providing market reflects its current price of 39.12 per share. Given that Rogers Communications has information ratio of (0.25), we recommend you to check out Rogers Communications's recent market performance to make sure the company can sustain itself at a future point.

Rogers Communications Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Rogers, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Rogers
  
Rogers Communications' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Rogers Communications Analyst Consensus

Target PriceAdvice# of Analysts
53.89Strong Buy17Odds
Rogers Communications current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Rogers analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Rogers stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Rogers Communications, talking to its executives and customers, or listening to Rogers conference calls.
Rogers Analyst Advice Details
Rogers Communications 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 Communications technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rogers Communications 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...

Rogers Communications Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was seven with a total number of output elements of fifty-four. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Rogers Communications volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Rogers Communications Trend Analysis

Use this graph to draw trend lines for Rogers Communications. You can use it to identify possible trend reversals for Rogers Communications as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Rogers Communications price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Rogers Communications Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Rogers Communications applied against its price change over selected period. The best fit line has a slop of   0.1  , which may imply that the returns on investment in Rogers Communications will continue to fail. It has 122 observation points and a regression sum of squares at 390.39, which is the sum of squared deviations for the predicted Rogers Communications price change compared to its average price change.

About Rogers Communications Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Rogers Communications on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Rogers Communications based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Rogers Communications price pattern first instead of the macroeconomic environment surrounding Rogers Communications. By analyzing Rogers Communications's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Rogers Communications's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Rogers Communications specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03290.03150.02960.0178
Price To Sales Ratio2.092.081.681.36

Rogers Communications May 22, 2024 Technical Indicators

Most technical analysis of Rogers help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Rogers from various momentum indicators to cycle indicators. When you analyze Rogers charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Rogers Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rogers Communications' 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 Rogers Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rogers Communications Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rogers Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers Communications guide.
Note that the Rogers Communications information on this page should be used as a complementary analysis to other Rogers Communications' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary Tools for Rogers Stock analysis

When running Rogers Communications' price analysis, check to measure Rogers Communications' 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 Communications is operating at the current time. Most of Rogers Communications' value examination focuses on studying past and present price action to predict the probability of Rogers Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rogers Communications' price. Additionally, you may evaluate how the addition of Rogers Communications to your portfolios can decrease your overall portfolio volatility.
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Is Rogers Communications' 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 Communications. 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 Communications 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
(0.55)
Dividend Share
2
Earnings Share
0.79
Revenue Per Share
38.478
Quarterly Revenue Growth
0.278
The market value of Rogers Communications 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 Communications' value that differs from its market value or its book value, called intrinsic value, which is Rogers Communications' 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 Communications' market value can be influenced by many factors that don't directly affect Rogers Communications' 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 Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rogers Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rogers Communications' 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.