Roundhill Sports Betting Etf Probability of Future Etf Price Finishing Under 19.68
| BETZ Etf | USD 20.08 0.11 0.55% |
Roundhill |
Roundhill Sports Target Price Odds to finish below 19.68
The tendency of Roundhill Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 19.68 or more in 90 days |
| 20.08 | 90 days | 19.68 | under 95 |
Based on a normal probability distribution, the odds of Roundhill Sports to drop to $ 19.68 or more in 90 days from now is under 95 (This Roundhill Sports Betting probability density function shows the probability of Roundhill Etf to fall within a particular range of prices over 90 days) . Probability of Roundhill Sports Betting price to stay between $ 19.68 and its current price of $20.08 at the end of the 90-day period is nearly 4.22 .
Given the investment horizon of 90 days Roundhill Sports has a beta of 0.84 suggesting as returns on the market go up, Roundhill Sports average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Roundhill Sports Betting will be expected to be much smaller as well. Additionally Roundhill Sports Betting has an alpha of 0.0643, implying that it can generate a 0.0643 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Roundhill Sports Price Density |
| Price |
Predictive Modules for Roundhill Sports
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Roundhill Sports Betting. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Roundhill Sports' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Roundhill Sports Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Roundhill Sports is not an exception. The market had few large corrections towards the Roundhill Sports' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Roundhill Sports Betting, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Roundhill Sports within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.84 | |
σ | Overall volatility | 0.61 | |
Ir | Information ratio | 0.04 |
Roundhill Sports Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Roundhill Sports for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Roundhill Sports Betting can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from finance.yahoo.com: MGM Resorts International Yet Again Delivers Record Revenue in Q3 | |
| The fund created three year return of -9.0% | |
| Roundhill Sports Betting holds 99.31% of its assets under management (AUM) in equities |
Roundhill Sports Technical Analysis
Roundhill Sports' future price can be derived by breaking down and analyzing its technical indicators over time. Roundhill Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Roundhill Sports Betting. In general, you should focus on analyzing Roundhill Etf price patterns and their correlations with different microeconomic environments and drivers.
Roundhill Sports Predictive Forecast Models
Roundhill Sports' time-series forecasting models is one of many Roundhill Sports' etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Roundhill Sports' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about Roundhill Sports Betting
Checking the ongoing alerts about Roundhill Sports for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Roundhill Sports Betting help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latest headline from finance.yahoo.com: MGM Resorts International Yet Again Delivers Record Revenue in Q3 | |
| The fund created three year return of -9.0% | |
| Roundhill Sports Betting holds 99.31% of its assets under management (AUM) in equities |
Check out Roundhill Sports Backtesting, Portfolio Optimization, Roundhill Sports Correlation, Roundhill Sports Hype Analysis, Roundhill Sports Volatility, Roundhill Sports History as well as Roundhill Sports Performance. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.