Roundhill Sports Etf Forecast - Daily Balance Of Power
| BETZ Etf | USD 20.39 0.01 0.05% |
Roundhill Etf Forecast is based on your current time horizon.
Roundhill |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.4667 | 0.0769 |
| Check Roundhill Sports Volatility | Backtest Roundhill Sports | Information Ratio |
Roundhill Sports Trading Date Momentum
| On November 27 2024 Roundhill Sports Betting was traded for 20.39 at the closing time. The top price for the day was 20.51 and the lowest listed price was 20.38 . The trading volume for the day was 5.8 K. The trading history from November 27, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.39% . |
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.
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Other Forecasting Options for Roundhill Sports
For every potential investor in Roundhill, whether a beginner or expert, Roundhill Sports' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Roundhill Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Roundhill. Basic forecasting techniques help filter out the noise by identifying Roundhill Sports' price trends.Roundhill Sports 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 Roundhill Sports etf to make a market-neutral strategy. Peer analysis of Roundhill Sports could also be used in its relative valuation, which is a method of valuing Roundhill Sports by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Roundhill Sports Betting Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Roundhill Sports' 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 Roundhill Sports' current price.| Cycle Indicators | ||
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| Volume Indicators |
Roundhill Sports Market Strength Events
Market strength indicators help investors to evaluate how Roundhill Sports etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Roundhill Sports shares will generate the highest return on investment. By undertsting and applying Roundhill Sports etf market strength indicators, traders can identify Roundhill Sports Betting entry and exit signals to maximize returns.
| Accumulation Distribution | 36.76 | |||
| Daily Balance Of Power | 0.0769 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 20.45 | |||
| Day Typical Price | 20.43 | |||
| Price Action Indicator | (0.05) | |||
| Period Momentum Indicator | 0.01 |
Roundhill Sports Risk Indicators
The analysis of Roundhill Sports' 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 Roundhill Sports' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting roundhill etf 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.
| Mean Deviation | 0.8314 | |||
| Semi Deviation | 0.7867 | |||
| Standard Deviation | 1.05 | |||
| Variance | 1.11 | |||
| Downside Variance | 1.07 | |||
| Semi Variance | 0.6188 | |||
| Expected Short fall | (0.92) |
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.When determining whether Roundhill Sports Betting offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Roundhill Sports' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Roundhill Sports Betting Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Roundhill Sports Betting Etf:Check out Historical Fundamental Analysis of Roundhill Sports to cross-verify your projections. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
The market value of Roundhill Sports Betting is measured differently than its book value, which is the value of Roundhill that is recorded on the company's balance sheet. Investors also form their own opinion of Roundhill Sports' value that differs from its market value or its book value, called intrinsic value, which is Roundhill Sports' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Roundhill Sports' market value can be influenced by many factors that don't directly affect Roundhill Sports' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Roundhill Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Sports' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.