Roku (Mexico) Market Value
| ROKU Stock | MXN 1,855 61.00 3.18% |
| Symbol | Roku |
Roku 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Roku's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Roku.
| 01/27/2024 |
| 01/16/2026 |
If you would invest 0.00 in Roku on January 27, 2024 and sell it all today you would earn a total of 0.00 from holding Roku Inc or generate 0.0% return on investment in Roku over 720 days. Roku is related to or competes with DXC Technology, Steel Dynamics, Ameriprise Financial, Verizon Communications, Deutsche Bank, Capital One, and McEwen Mining. Roku, Inc., together with its subsidiaries, operates a TV streaming platform More
Roku Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Roku's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Roku Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.31 | |||
| Information Ratio | 0.0024 | |||
| Maximum Drawdown | 13.7 | |||
| Value At Risk | (4.59) | |||
| Potential Upside | 4.04 |
Roku Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roku's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Roku's standard deviation. In reality, there are many statistical measures that can use Roku historical prices to predict the future Roku's volatility.| Risk Adjusted Performance | 0.0405 | |||
| Jensen Alpha | 0.0593 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0017 | |||
| Treynor Ratio | 0.2278 |
Roku Inc Backtested Returns
At this stage we consider Roku Stock to be very steady. Roku Inc maintains Sharpe Ratio (i.e., Efficiency) of 0.0485, which implies the firm had a 0.0485 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Roku Inc, which you can use to evaluate the volatility of the company. Please check Roku's Coefficient Of Variation of 2078.99, semi deviation of 1.88, and Risk Adjusted Performance of 0.0405 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Roku has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of 0.46, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Roku's returns are expected to increase less than the market. However, during the bear market, the loss of holding Roku is expected to be smaller as well. Roku Inc right now holds a risk of 2.42%. Please check Roku Inc information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Roku Inc will be following its historical price patterns.
Auto-correlation | 0.72 |
Good predictability
Roku Inc has good predictability. Overlapping area represents the amount of predictability between Roku time series from 27th of January 2024 to 21st of January 2025 and 21st of January 2025 to 16th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Roku Inc price movement. The serial correlation of 0.72 indicates that around 72.0% of current Roku price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 51 K |
Roku Inc lagged returns against current returns
Autocorrelation, which is Roku stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Roku's stock expected returns. We can calculate the autocorrelation of Roku returns to help us make a trade decision. For example, suppose you find that Roku has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Roku regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Roku stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Roku stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Roku stock over time.
Current vs Lagged Prices |
| Timeline |
Roku Lagged Returns
When evaluating Roku's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Roku stock have on its future price. Roku autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Roku autocorrelation shows the relationship between Roku stock current value and its past values and can show if there is a momentum factor associated with investing in Roku Inc.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.