Home›Indicators›Return on Capital (ROC) is a financial ratio that measures a company's profitability relative to its total capital. It is calculated by dividing a company's earnings before interest and taxes (EBIT) by its capital employed. A high ROC indicates that a company is efficiently using its capital to generate profits. 資本収益率（ROC）は、企業の総資本に対する収益性を測定する財務指標です。これは、企業の支払利息前税引前利益（EBIT）を投下資本で割ることによって算出されます。高いROCは、企業が効率的に資本を活用して利益を生み出していることを示します。

Return on Capital (ROC) is a financial ratio that measures a company's profitability relative to its total capital. It is calculated by dividing a company's earnings before interest and taxes (EBIT) by its capital employed. A high ROC indicates that a company is efficiently using its capital to generate profits. 資本収益率（ROC）は、企業の総資本に対する収益性を測定する財務指標です。これは、企業の支払利息前税引前利益（EBIT）を投下資本で割ることによって算出されます。高いROCは、企業が効率的に資本を活用して利益を生み出していることを示します。 Complete Guide

Rate of Change

momentumParams: period=12

What is Return on Capital (ROC) is a financial ratio that measures a company's profitability relative to its total capital. It is calculated by dividing a company's earnings before interest and taxes (EBIT) by its capital employed. A high ROC indicates that a company is efficiently using its capital to generate profits. 資本収益率（ROC）は、企業の総資本に対する収益性を測定する財務指標です。これは、企業の支払利息前税引前利益（EBIT）を投下資本で割ることによって算出されます。高いROCは、企業が効率的に資本を活用して利益を生み出していることを示します。?

Rate of Change（ROC）は、テクニカル分析で使用されるモメンタム指標です。価格のモメンタム、トレンドの方向性、またはボラティリティを分析することにより、トレーダーが潜在的なエントリーポイントとイグジットポイントを特定するのに役立ちます。

Signal Types

Zero Line Crossover

A move from below to above zero indicates bullish momentum, while a move from above to below zero indicates bearish momentum.

Divergence

Occurs when price makes a new high/low but ROC does not, suggesting a potential trend exhaustion and reversal.

Overbought/Oversold Extremes

When ROC reaches historically high or low levels, it suggests the current move may be overextended and due for a correction.

Related Indicators

FAQ

What is the difference between ROC and the Momentum indicator?

The Momentum indicator measures the absolute difference between prices, while ROC measures the percentage change. ROC is generally preferred as it allows for comparison across different price levels and assets.

Why does ROC sometimes produce many false signals?

In range-bound or sideways markets, ROC can oscillate frequently around the zero line. Traders often use a moving average of the ROC or combine it with trend-following indicators to filter these 'whipsaws'.

Which timeframe is best for the ROC indicator?

ROC is versatile and works on all timeframes. However, the 12-period setting is the industry standard for daily charts. Shorter timeframes require more smoothing to be effective.

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Reviewed by KlineVision Research Team, CFA Charterholder, 10+ years quantitative research· 2026年4月23日

Parts of this page (FAQ, introductions) are AI-assisted. Core data and statistics are algorithmically computed. All pattern definitions are human-reviewed.

Data source: EODHD · Last updated: 2026年4月23日

免責事項：本ページは公開市場データとアルゴリズムによるテクニカル分析に基づいています。投資助言を構成するものではありません。