Rocket Stock Performance

RKLB
 Stock
  

USD 3.98  0.03  0.75%   

The company holds a Beta of 1.9628, which implies a somewhat significant risk relative to the market. Let's try to break down what Rocket's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Rocket Lab will likely underperform. Even though it is essential to pay attention to Rocket Lab USA current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Our philosophy towards forecasting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Rocket Lab USA exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Rocket Lab USA has an expected return of -0.39%. Please be advised to check Rocket Lab USA coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance to decide if Rocket Lab USA performance from the past will be repeated at some point in the near future.
  
Rocket Performance
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Over the last 90 days Rocket Lab USA has generated negative risk-adjusted returns adding no value to investors with long positions. Despite uncertain performance in the last few months, the Stock's essential indicators remain somewhat strong which may send shares a bit higher in December 2022. The current disturbance may also be a sign of long term up-swing for the company investors. ...more

Rocket Price Channel

Quick Ratio4.10
Fifty Two Week Low3.5300
Target High Price20.00
Fifty Two Week High16.9700
Target Low Price3.00

Rocket Lab Relative Risk vs. Return Landscape

If you would invest  550.00  in Rocket Lab USA on August 31, 2022 and sell it today you would lose (148.00)  from holding Rocket Lab USA or give up 26.91% of portfolio value over 90 days. Rocket Lab USA is currently does not generate positive expected returns and assumes 4.6929% risk (volatility on return distribution) over the 90 days horizon. In different words, 40% of stocks are less volatile than Rocket, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Rocket Lab is expected to under-perform the market. In addition to that, the company is 3.38 times more volatile than its market benchmark. It trades about -0.08 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.09 per unit of volatility.

Rocket Lab Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Rocket Lab's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Rocket Lab USA, and traders can use it to determine the average amount a Rocket Lab'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 = -0.0824

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Negative ReturnsRKLB
Estimated Market Risk
 4.69
  actual daily
 
 40 %
of total potential
 
4040
Expected Return
 -0.39
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.08
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Rocket Lab is performing at about 0% 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 Rocket Lab by adding it to a well-diversified portfolio.

About Rocket Lab Performance

To evaluate Rocket Lab USA Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Rocket Lab generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Rocket Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Rocket Lab USA market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Rocket's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Rocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense industries. The company was founded in 2006 and is headquartered in Long Beach, California. Rocket Lab operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. It employs 758 people.

Things to note about Rocket Lab USA

Checking the ongoing alerts about Rocket Lab for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Rocket Lab USA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Rocket Lab Alerts

Equity Alerts and Improvement Suggestions

Rocket Lab USA generated a negative expected return over the last 90 days
Rocket Lab USA has high historical volatility and very poor performance
The company reported the previous year's revenue of 128.94 M. Net Loss for the year was (148.9 M) with loss before overhead, payroll, taxes, and interest of (1.89 M).
Rocket Lab USA currently holds about 542.51 M in cash with (99.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.16.
Roughly 57.0% of the company shares are owned by institutional investors
Latest headline from MacroaxisInsider: Acquisition or disposition of Rocket Lab securities by Bessemer Venture Partners Viii Lp
Additionally, take a look at Your Equity Center. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for analysis

When running Rocket Lab USA price analysis, check to measure Rocket Lab'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 Rocket Lab is operating at the current time. Most of Rocket Lab's value examination focuses on studying past and present price action to predict the probability of Rocket Lab's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Rocket Lab's price. Additionally, you may evaluate how the addition of Rocket Lab to your portfolios can decrease your overall portfolio volatility.
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Is Rocket Lab's 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 Rocket Lab. If investors know Rocket 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 Rocket Lab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
1.9 B
Quarterly Revenue Growth YOY
10.93
Return On Assets
(0.08) 
Return On Equity
(0.14) 
The market value of Rocket Lab USA is measured differently than its book value, which is the value of Rocket that is recorded on the company's balance sheet. Investors also form their own opinion of Rocket Lab's value that differs from its market value or its book value, called intrinsic value, which is Rocket Lab's 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 Rocket Lab's market value can be influenced by many factors that don't directly affect Rocket Lab's 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 Rocket Lab's value and its price as these two are different measures arrived at by different means. Investors typically determine Rocket Lab value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rocket Lab's 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.