Roper Industries Stock Forecast - Polynomial Regression

ROP
 Stock
  

USD 428.83  2.18  0.51%   

Roper Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Roper Industries historical stock prices and determine the direction of Roper Industries's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Roper Industries historical fundamentals such as revenue growth or operating cash flow patterns. Although Roper Industries naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Roper Industries systematic risk associated with finding meaningful patterns of Roper Industries fundamentals over time.
Additionally, take a look at Historical Fundamental Analysis of Roper Industries to cross-verify your projections.
  
Roper Industries Accrued Expenses Turnover is very stable at the moment as compared to the past year. Roper Industries reported last year Accrued Expenses Turnover of 9.23. As of 9th of August 2022, Cash and Equivalents Turnover is likely to grow to 18.90, while Inventory Turnover is likely to drop 8.65. . As of 9th of August 2022, Issuance Purchase of Equity Shares is likely to grow to about 15.7 M, while Weighted Average Shares is likely to drop about 97.8 M.

Open Interest Agains t 2022-08-19 Roper Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Roper Industries' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest Roper Industries' options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Roper Industries stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Roper Industries' open interest, investors have to compare it to Roper Industries' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Roper Industries is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Roper. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Roper Industries cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Roper Industries' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Roper Industries' price structures and extracts relationships that further increase the generated results' accuracy.
Roper Industries polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Roper Industries as well as the accuracy indicators are determined from the period prices.

Roper Industries Polynomial Regression Price Forecast For the 10th of August

Given 90 days horizon, the Polynomial Regression forecasted value of Roper Industries on the next trading day is expected to be 451.35 with a mean absolute deviation of 9.91, mean absolute percentage error of 157.57, and the sum of the absolute errors of 604.35.
Please note that although there have been many attempts to predict Roper Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Roper Industries' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Roper Industries Stock Forecast Pattern

Backtest Roper IndustriesRoper Industries Price PredictionBuy or Sell Advice 

Roper Industries Forecasted Value

In the context of forecasting Roper Industries' Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Roper Industries' downside and upside margins for the forecasting period are 449.61 and 453.09, respectively. We have considered Roper Industries' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value 428.83
449.61
Downside
451.35
Expected Value
453.09
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Roper Industries stock data series using in forecasting. Note that when a statistical model is used to represent Roper Industries stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria123.1703
BiasArithmetic mean of the errors None
MADMean absolute deviation9.9073
MAPEMean absolute percentage error0.0242
SAESum of the absolute errors604.3462
A single variable polynomial regression model attempts to put a curve through the Roper Industries historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Roper Industries

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Roper Industries. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Roper Industries' 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. Please use the tools below to analyze the current value of Roper Industries in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
429.29431.05432.81
Details
Intrinsic
Valuation
LowReal ValueHigh
387.91465.12466.88
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
377.63410.03442.42
Details
9 Analysts
Consensus
LowTarget PriceHigh
375.00511.00560.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Roper Industries. Your research has to be compared to or analyzed against Roper Industries' peers to derive any actionable benefits. When done correctly, Roper Industries' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Roper Industries.

Other Forecasting Options for Roper Industries

For every potential investor in Roper, whether a beginner or expert, Roper Industries' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Roper Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Roper. Basic forecasting techniques help filter out the noise by identifying Roper Industries' price trends.

Roper Industries Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Roper Industries stock to make a market-neutral strategy. Peer analysis of Roper Industries could also be used in its relative valuation, which is a method of valuing Roper Industries by comparing valuation metrics with similar companies.
Sensata TechnologiesTeledyne TechnologiesThermo Fisher ScientificWaters CorpWoodwardLa-Z-BoyRiot BlockchainVroom IncNetflixAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpKEURIG DR PEPPERGX Nasdaq-100 CoveredFranklin Mutual European
 Risk & Return  Correlation

Roper Industries Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Roper Industries' price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Roper Industries' current price.

Roper Industries Market Strength Events

Market strength indicators help investors to evaluate how Roper Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Roper Industries shares will generate the highest return on investment. By undertsting and applying Roper Industries stock market strength indicators, traders can identify Roper Industries entry and exit signals to maximize returns.

Roper Industries Risk Indicators

The analysis of Roper Industries' basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Roper Industries' investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Roper Industries stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Roper Industries Investors Sentiment

The influence of Roper Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Roper. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Roper Industries' public news can be used to forecast risks associated with investment in Roper. The trend in average sentiment can be used to explain how an investor holding Roper can time the market purely based on public headlines and social activities around Roper Industries. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Roper Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Roper Industries' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Roper Industries' news discussions. The higher the estimate score, the more favorable is the investor's outlook on Roper Industries.

Roper Industries Implied Volatility

    
  24.71  
Roper Industries' implied volatility exposes the market's sentiment of Roper Industries stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Roper Industries' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Roper Industries stock will not fluctuate a lot when Roper Industries' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Roper Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Roper Industries' short interest history, or implied volatility extrapolated from Roper Industries options trading.

Currently Active Assets on Macroaxis

Additionally, take a look at Historical Fundamental Analysis of Roper Industries to cross-verify your projections. Note that the Roper Industries information on this page should be used as a complementary analysis to other Roper Industries' 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Roper Stock analysis

When running Roper Industries price analysis, check to measure Roper Industries' 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 Roper Industries is operating at the current time. Most of Roper Industries' value examination focuses on studying past and present price action to predict the probability of Roper Industries' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Roper Industries' price. Additionally, you may evaluate how the addition of Roper Industries to your portfolios can decrease your overall portfolio volatility.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Is Roper Industries' 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 Roper Industries. If investors know Roper 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 Roper Industries 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 YOY
-0.063
Market Capitalization
45.8 B
Quarterly Revenue Growth YOY
0.1
Return On Assets
0.0423
Return On Equity
0.0819
The market value of Roper Industries is measured differently than its book value, which is the value of Roper that is recorded on the company's balance sheet. Investors also form their own opinion of Roper Industries' value that differs from its market value or its book value, called intrinsic value, which is Roper Industries' 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 Roper Industries' market value can be influenced by many factors that don't directly affect Roper Industries' 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 Roper Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine Roper Industries value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roper Industries' 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.