Constantly updating stock prices
The total of these changes, Today's Change, displays beneath the Change $ column.
Those fields not highlighted in yellow indicate securities priced less frequently.
For example, to determine the Most Recent Value of a fixed income product with a Factor, Price is multiplied by Quantity and Factor, and that number is divided by 100.
For factored securities, as well as all fixed income securities, both the Most Recent Value and Previous value use the price determined as of the previous day's close of business valuation.
An illustration I used was the equity valuation assigned to renowned jeweler Tiffany & Company.
Roku CEO Anthony Wood has maintained in the past that his company has an advantage against its larger competitors because of its agnostic platform, as Roku does not produce its own original programming that it would prioritize over other content from its offering of more than 5,000 streaming channels.
Because the stock market is an auction made up of buyers and sellers (including individuals, corporations, mutual funds, and more) of shares of publicly traded companies, fluctuations in stock prices is nothing out of the ordinary.
The stock decline comes amid fears of overvaluation of Roku, which has yet to turn a profit since being founded in 2002 and which also faces increasing competition from larger rivals on the streaming device market, including Amazon, Apple, and Google.
On Monday, Roku announced several updates to its streaming devices, along with Roku OS 8, the company’s new operating system that adds new options for searching both streaming entertainment options as well as live TV programming.
For certain fixed income products that pay principal, such as a mortgage-backed security, a Factor is used to determine the current face value of the position, as the face value of the position changes over time.