Roots Corp Stock Price on September 12, 2024
| ROOT Stock | CAD 2.00 0.03 1.48% |
Below is the normalized historical share price chart for Roots Corp extending back to October 25, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Roots Corp stands at 2.00, as last reported on the 4th of December, with the highest price reaching 2.00 and the lowest price hitting 1.98 during the day.
If you're considering investing in Roots Stock, it is important to understand the factors that can impact its price. Roots Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0098, which implies the firm had a -0.0098% return per unit of risk over the last 3 months. Roots Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Roots Corp's Coefficient Of Variation of (10,411), risk adjusted performance of (0.0005), and Variance of 5.73 to confirm the risk estimate we provide.
At this time, Roots Corp's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 4th of December 2024, Stock Based Compensation is likely to grow to about 520.7 K, while Total Stockholder Equity is likely to drop about 149.9 M. . As of the 4th of December 2024, Price Earnings Ratio is likely to grow to 53.36, while Price To Sales Ratio is likely to drop 0.34. Roots Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 2.1979 | 50 Day MA 2.0916 | Beta 2.412 |
Roots |
Sharpe Ratio = -0.0098
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Estimated Market Risk
| 2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Roots Corp is not performing at its full potential. However, 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 Roots Corp by adding Roots Corp to a well-diversified portfolio.
Price Book 0.4471 | Enterprise Value Ebitda 4.8059 | Price Sales 0.318 | Shares Float 13.8 M | Wall Street Target Price 3.25 |
Roots Corp Valuation on September 12, 2024
It is possible to determine the worth of Roots Corp on a given historical date. On September 12, 2024 Roots was worth 2.15 at the beginning of the trading date compared to the closed value of 2.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Roots Corp stock. Still, in general, we apply an absolute valuation method to find Roots Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Roots Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Roots Corp's related companies.
| Open | High | Low | Close | Volume | |
| 2.14 | 2.15 | 2.14 | 2.15 | 10,800 | |
09/12/2024 | 2.15 | 2.22 | 2.15 | 2.18 | 10,317 |
| 2.11 | 2.19 | 2.11 | 2.15 | 4,204 |
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Roots Corp Trading Date Momentum on September 12, 2024
| On September 13 2024 Roots Corp was traded for 2.15 at the closing time. The highest price during the trading period was 2.19 and the lowest recorded bid was listed for 2.11 . The volume for the day was 4.2 K. This history from September 13, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.38% . The trading delta at closing time to the current price is 0.46% . |
Roots Corp Fundamentals Correlations and Trends
By evaluating Roots Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Roots Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Roots financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Roots Corp Stock history
Roots Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Roots is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Roots Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Roots Corp stock prices may prove useful in developing a viable investing in Roots Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 41 M | 33.8 M | |
| Net Income Applicable To Common Shares | 7.7 M | 8.1 M |
Roots Corp Stock Technical Analysis
Roots Corp 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.
Price Boundaries
Roots Corp Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Roots Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Roots Corp December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Roots Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Roots Corp shares will generate the highest return on investment. By undertsting and applying Roots Corp stock market strength indicators, traders can identify Roots Corp entry and exit signals to maximize returns
Roots Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Roots Corp's price direction in advance. Along with the technical and fundamental analysis of Roots Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Roots to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.0005) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.03) |
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Other Information on Investing in Roots Stock
Roots Corp financial ratios help investors to determine whether Roots Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Roots with respect to the benefits of owning Roots Corp security.