DOCN vs. ROKU
Compare and contrast key facts about DigitalOcean Holdings, Inc. (DOCN) and Roku, Inc. (ROKU).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DOCN or ROKU.
Correlation
The correlation between DOCN and ROKU is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DOCN vs. ROKU - Performance Comparison
Key characteristics
DOCN:
-0.04
ROKU:
-0.17
DOCN:
0.30
ROKU:
0.14
DOCN:
1.04
ROKU:
1.02
DOCN:
-0.03
ROKU:
-0.11
DOCN:
-0.17
ROKU:
-0.30
DOCN:
12.37%
ROKU:
31.79%
DOCN:
49.89%
ROKU:
55.84%
DOCN:
-84.78%
ROKU:
-91.91%
DOCN:
-72.59%
ROKU:
-83.19%
Fundamentals
DOCN:
$3.48B
ROKU:
$12.12B
DOCN:
$0.86
ROKU:
-$1.19
DOCN:
$756.56M
ROKU:
$3.90B
DOCN:
$455.33M
ROKU:
$1.69B
DOCN:
$223.04M
ROKU:
-$133.02M
Returns By Period
In the year-to-date period, DOCN achieves a -2.70% return, which is significantly higher than ROKU's -12.08% return.
DOCN
-2.70%
-4.88%
5.43%
-4.70%
N/A
N/A
ROKU
-12.08%
17.29%
48.14%
-12.44%
-10.07%
N/A
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Risk-Adjusted Performance
DOCN vs. ROKU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DigitalOcean Holdings, Inc. (DOCN) and Roku, Inc. (ROKU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
DOCN vs. ROKU - Dividend Comparison
Neither DOCN nor ROKU has paid dividends to shareholders.
Drawdowns
DOCN vs. ROKU - Drawdown Comparison
The maximum DOCN drawdown since its inception was -84.78%, smaller than the maximum ROKU drawdown of -91.91%. Use the drawdown chart below to compare losses from any high point for DOCN and ROKU. For additional features, visit the drawdowns tool.
Volatility
DOCN vs. ROKU - Volatility Comparison
The current volatility for DigitalOcean Holdings, Inc. (DOCN) is 12.35%, while Roku, Inc. (ROKU) has a volatility of 17.04%. This indicates that DOCN experiences smaller price fluctuations and is considered to be less risky than ROKU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
DOCN vs. ROKU - Financials Comparison
This section allows you to compare key financial metrics between DigitalOcean Holdings, Inc. and Roku, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities