ROKU's robot investment pays dividends with 4.53% profit
Swing Trader's Volatility Balanced Strategy AI trading robot has recently shown promising results in Tickeron's robot factory, generating 4.53% return on investment for ROKU in just one week. This is a great example of how artificial intelligence can help investors make informed decisions and earn a profit in the stock market.
However, it's important to note that technical analysis should not be solely based on the performance of a trading robot. It is crucial to consider other factors, such as market conditions and company financials, when making investment decisions. Let's take a closer look at ROKU's technical and earnings analysis to better understand the stock's potential future performance.
Technical Analysis:
On April 20, 2023, the 10-day moving average for ROKU crossed bearishly below the 50-day moving average, signaling a downward trend. However, historical data shows that in 9 out of 10 past instances where this has occurred, the stock continued to rise over the following month. This suggests that there is a 90% chance that ROKU will continue to trend upwards in the near future.
Earnings Analysis:
ROKU's recent earnings report on April 26 showed earnings per share of -137 cents, beating the estimated -148 cents. This is a positive sign for investors, indicating that the company is performing better than expected. With 4.74 million shares outstanding, ROKU's current market capitalization sits at $7.74 billion.
While Swing Trader's AI robot has performed well for ROKU in the short term, it's important to take a holistic approach when considering investments. Technical analysis and earnings reports are just some of the many factors to consider when making investment decisions. Investors should continue to monitor ROKU's performance and consider all relevant information before making any trades.
ROKU in +4.05% Uptrend, advancing for three consecutive days on June 05, 2023
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where ROKU advanced for three days, in of 307 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where ROKU's RSI Oscillator exited the oversold zone, of 28 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on May 26, 2023. You may want to consider a long position or call options on ROKU as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for ROKU just turned positive on May 22, 2023. Looking at past instances where ROKU's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
ROKU moved above its 50-day moving average on June 02, 2023 date and that indicates a change from a downward trend to an upward trend.
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Aroon Indicator for ROKU entered a downward trend on May 26, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. ROKU’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.362) is normal, around the industry mean (4.253). P/E Ratio (66.667) is within average values for comparable stocks, (73.763). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.657). ROKU has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.058). P/S Ratio (2.700) is also within normal values, averaging (111.415).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ROKU’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock worse than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
Notable companies
Industry description
Market Cap
High and low price notable news
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a developer of applications for digital media
Industry MoviesEntertainment
ROKU and
Correlation & Price change
A.I.dvisor indicates that over the last year, ROKU has been loosely correlated with WBD. These tickers have moved in lockstep 55% of the time. This A.I.-generated data suggests there is some statistical probability that if ROKU jumps, then WBD could also see price increases.
| Ticker / NAME | Correlation To ROKU | 1D Price Change % | ||
|---|---|---|---|---|
| ROKU | 100% | +8.02% | ||
| WBD - ROKU | 55% Loosely correlated | +8.35% | ||
| PARA - ROKU | 54% Loosely correlated | +3.93% | ||
| PARAA - ROKU | 54% Loosely correlated | +3.92% | ||
| AMCX - ROKU | 53% Loosely correlated | +9.45% | ||
| NFLX - ROKU | 52% Loosely correlated | +0.17% | ||
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