Roundhill Big Tech Etf Probability of Future Etf Price Finishing Over 49.98
| BIGT Etf | 51.75 0.75 1.47% |
Roundhill |
Roundhill BIG Target Price Odds to finish over 49.98
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 stay above 49.98 in 90 days |
| 51.75 | 90 days | 49.98 | about 20.37 |
Based on a normal probability distribution, the odds of Roundhill BIG to stay above 49.98 in 90 days from now is about 20.37 (This Roundhill BIG Tech probability density function shows the probability of Roundhill Etf to fall within a particular range of prices over 90 days) . Probability of Roundhill BIG Tech price to stay between 49.98 and its current price of 51.75 at the end of the 90-day period is about 13.55 .
Given the investment horizon of 90 days the etf has the beta coefficient of 1.06 suggesting Roundhill BIG Tech market returns are related to returns on the market. As the market goes up or down, Roundhill BIG is expected to follow. Additionally Roundhill BIG Tech has an alpha of 0.108, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Roundhill BIG Price Density |
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Predictive Modules for Roundhill BIG
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 BIG Tech. 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.Roundhill BIG Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Roundhill BIG is not an exception. The market had few large corrections towards the Roundhill BIG's 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 BIG Tech, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Roundhill BIG within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 1.06 | |
σ | Overall volatility | 2.68 | |
Ir | Information ratio | 0.08 |
Roundhill BIG Technical Analysis
Roundhill BIG's 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 BIG Tech. In general, you should focus on analyzing Roundhill Etf price patterns and their correlations with different microeconomic environments and drivers.
Roundhill BIG Predictive Forecast Models
Roundhill BIG's time-series forecasting models is one of many Roundhill BIG's 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 BIG's 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Roundhill BIG in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Roundhill BIG's short interest history, or implied volatility extrapolated from Roundhill BIG options trading.
Check out Roundhill BIG Backtesting, Portfolio Optimization, Roundhill BIG Correlation, Roundhill BIG Hype Analysis, Roundhill BIG Volatility, Roundhill BIG History as well as Roundhill BIG Performance. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
The market value of Roundhill BIG Tech 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 BIG's value that differs from its market value or its book value, called intrinsic value, which is Roundhill BIG's 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 BIG's market value can be influenced by many factors that don't directly affect Roundhill BIG's 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 BIG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill BIG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill BIG's 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.