Roku Inc Stock Chance of Future Stock Price Finishing Under 83.43
| ROKU Stock | USD 77.03 2.45 3.08% |
Roku |
Roku Target Price Odds to finish below 83.43
The tendency of Roku Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 83.43 after 90 days |
| 77.03 | 90 days | 83.43 | under 95 |
Based on a normal probability distribution, the odds of Roku to stay under $ 83.43 after 90 days from now is under 95 (This Roku Inc probability density function shows the probability of Roku Stock to fall within a particular range of prices over 90 days) . Probability of Roku Inc price to stay between its current price of $ 77.03 and $ 83.43 at the end of the 90-day period is about 33.79 .
Given the investment horizon of 90 days Roku Inc has a beta of -0.23 indicating as returns on the benchmark increase, returns on holding Roku are expected to decrease at a much lower rate. During a bear market, however, Roku Inc is likely to outperform the market. Additionally Roku Inc has an alpha of 0.1292, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Roku Price Density |
| Price |
Predictive Modules for Roku
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Roku Inc. Regardless of method or technology, however, to accurately forecast the stock 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.Roku Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Roku is not an exception. The market had few large corrections towards the Roku's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Roku Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Roku within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | -0.23 | |
σ | Overall volatility | 4.83 | |
Ir | Information ratio | 0.03 |
Roku Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Roku for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Roku Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Roku Inc had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 3.48 B. Net Loss for the year was (709.56 M) with profit before overhead, payroll, taxes, and interest of 1.44 B. | |
| Over 84.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Roku Inc Trading Down 5.22 percent on Dec 27 |
Roku Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Roku Stock often depends not only on the future outlook of the current and potential Roku's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Roku's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 141.6 M | |
| Cash And Short Term Investments | 2 B |
Roku Technical Analysis
Roku's future price can be derived by breaking down and analyzing its technical indicators over time. Roku Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Roku Inc. In general, you should focus on analyzing Roku Stock price patterns and their correlations with different microeconomic environments and drivers.
Roku Predictive Forecast Models
Roku's time-series forecasting models is one of many Roku's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Roku's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Roku Inc
Checking the ongoing alerts about Roku for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Roku Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Roku Inc had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 3.48 B. Net Loss for the year was (709.56 M) with profit before overhead, payroll, taxes, and interest of 1.44 B. | |
| Over 84.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Roku Inc Trading Down 5.22 percent on Dec 27 |
Additional Tools for Roku Stock Analysis
When running Roku's price analysis, check to measure Roku'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 Roku is operating at the current time. Most of Roku's value examination focuses on studying past and present price action to predict the probability of Roku's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roku's price. Additionally, you may evaluate how the addition of Roku to your portfolios can decrease your overall portfolio volatility.