Roblox Corp Stock Forecast - Daily Balance Of Power

RBLX Stock  USD 50.73  2.00  3.79%   
Roblox Stock Forecast is based on your current time horizon.
  
At this time, Roblox Corp's Payables Turnover is fairly stable compared to the past year. Receivables Turnover is likely to rise to 6.11 in 2024, whereas Inventory Turnover is likely to drop 0.85 in 2024. . Common Stock Shares Outstanding is likely to rise to about 627.2 M in 2024, despite the fact that Net Loss is likely to grow to (790.3 M).
On October 28, 2024 Roblox Corp had Daily Balance Of Power of (0.30). Balance of Power indicator (or BOP) measures the strength of Roblox Corp market sensitivity to bulls and bears. It estimates the ability of Roblox Corp buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Roblox Corp Balance of Power indicator one can determine a trend of the price direction.
Check Roblox Corp VolatilityBacktest Roblox CorpTrend Details  

Roblox Corp Trading Date Momentum

On October 29 2024 Roblox Corp was traded for  42.61  at the closing time. The top price for the day was 42.96  and the lowest listed price was  41.50 . The trading volume for the day was 5.5 M. The trading history from October 29, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.73% . The trading delta at closing time against the current closing price is 24.68% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare Roblox Corp to competition

Other Forecasting Options for Roblox Corp

For every potential investor in Roblox, whether a beginner or expert, Roblox Corp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Roblox Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Roblox. Basic forecasting techniques help filter out the noise by identifying Roblox Corp's price trends.

Roblox Corp Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Roblox Corp stock to make a market-neutral strategy. Peer analysis of Roblox Corp could also be used in its relative valuation, which is a method of valuing Roblox Corp by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Roblox Corp Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Roblox Corp's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Roblox Corp's current price.

Roblox Corp Market Strength Events

Market strength indicators help investors to evaluate how Roblox Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Roblox Corp shares will generate the highest return on investment. By undertsting and applying Roblox Corp stock market strength indicators, traders can identify Roblox Corp entry and exit signals to maximize returns.

Roblox Corp Risk Indicators

The analysis of Roblox Corp's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Roblox Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting roblox stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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 Roblox Stock Analysis

When running Roblox Corp's price analysis, check to measure Roblox Corp'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 Roblox Corp is operating at the current time. Most of Roblox Corp's value examination focuses on studying past and present price action to predict the probability of Roblox Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roblox Corp's price. Additionally, you may evaluate how the addition of Roblox Corp to your portfolios can decrease your overall portfolio volatility.