Roku Buy or Sell in 2024 | Stocks: ROKU - Macroaxis (2024)

Execute Roku Buy or Sell Advice

The Roku recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Roku Inc. Macroaxis does not own or have any residual interests in Roku Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Roku's advice using the current market data and latest reported fundamentals.

Strong Sell

	Market Performance	Good	Details
	Volatility	Very steady	Details
	Hype Condition	Over hyped	Details
	Current Valuation	Overvalued	Details
	Odds Of Distress	Low	Details
	Economic Sensitivity	Hyperactively responds to market trends	Details
	Investor Sentiment	Alarmed	Details
	Analyst Consensus	Buy	Details
	Financial Strenth (F Score)	Healthy	Details
	Financial Leverage	Not Rated	Details
	Reporting Quality (M-Score)	Unlikely Manipulator	Details

For the selected time horizon Roku Inc has a Mean Deviation of 2.53, Semi Deviation of 2.68, Standard Deviation of 3.41, Variance of 11.66, Downside Variance of 9.86 and Semi Variance of 7.19

Macroaxis provides unbiased recommendation on Roku Inc that should be used to complement current analysts and expert consensus on Roku Inc. Our trade recommendations engine determines the firm's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure Roku is not overpriced, please check all Roku Inc fundamentals, including its cash per share, and the relationship between the price to sales and short ratio . Given that Roku Inc has a number of shares shorted of 10.05M, we recommend you to check out Roku Inc market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Roku Trading Alerts and Improvement Suggestions

Roku Returns Distribution Density

The distribution of Roku's historical returns is an attempt to chart the uncertainty of Roku's future price movements. The chart of the probability distribution of Roku daily returns describes the distribution of returns around its average expected value. We use Roku Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Roku returns is essential to provide solid investment advice for Roku.

Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Roku historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Roku Stock Institutional Investors

The Roku's institutional investors refer to entities that pool money to purchase Roku's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.

Note, although Roku's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Roku Cash Flow Accounts

Roku Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Roku or Entertainment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Roku's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Roku stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.

Roku Volatility Alert

Roku Inc shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Roku's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Roku's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Roku Implied Volatility

Roku's implied volatility exposes the market's sentiment of Roku Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Roku's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Roku stock will not fluctuate a lot when Roku's options are near their expiration.

Roku Fundamentals Vs Peers

Comparing Roku's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Roku's direct or indirect competition across all of the common fundamentals between Roku and the related equities. This way, we can detect undervalued stocks with similar characteristics as Roku or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Roku's fundamental indicators could also be used in its relative valuation, which is a method of valuing Roku by comparing valuation metrics with those of similar companies.

Note: Disposition of 208 shares by Matthew Banks of Roku at 64. subject to Rule 16b-3 [view details]

Roku Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Roku . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Roku Buy or Sell Advice

When is the right time to buy or sell Roku Inc? Buying financial instruments such as Roku Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.

Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Roku in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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.