Roundhill Magnificent Seven Etf Probability of Future Etf Price Finishing Over 47.23
| MAGS Etf | USD 51.75 0.75 1.47% |
Closest to current price Roundhill long CALL Option Payoff at Expiration
Roundhill |
Roundhill Magnificent Target Price Odds to finish over 47.23
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 $ 47.23 in 90 days |
| 51.75 | 90 days | 47.23 | about 57.84 |
Based on a normal probability distribution, the odds of Roundhill Magnificent to stay above $ 47.23 in 90 days from now is about 57.84 (This Roundhill Magnificent Seven probability density function shows the probability of Roundhill Etf to fall within a particular range of prices over 90 days) . Probability of Roundhill Magnificent price to stay between $ 47.23 and its current price of $51.75 at the end of the 90-day period is about 51.01 .
Given the investment horizon of 90 days the etf has the beta coefficient of 1.06 . This indicates Roundhill Magnificent Seven market returns are related to returns on the market. As the market goes up or down, Roundhill Magnificent is expected to follow. Additionally Roundhill Magnificent Seven 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 Magnificent Price Density |
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Predictive Modules for Roundhill Magnificent
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 Magnificent. 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 Magnificent Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Roundhill Magnificent is not an exception. The market had few large corrections towards the Roundhill Magnificent'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 Magnificent Seven, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Roundhill Magnificent 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 Magnificent 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 Magnificent for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Roundhill Magnificent can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 82.77 M. Net Loss for the year was (830 K) with profit before overhead, payroll, taxes, and interest of 34.44 M. | |
| About 58.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Go Beyond MAGS ETF Tap Broadening of the Rally With TOPT ETF |
Roundhill Magnificent Technical Analysis
Roundhill Magnificent'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 Magnificent Seven. In general, you should focus on analyzing Roundhill Etf price patterns and their correlations with different microeconomic environments and drivers.
Roundhill Magnificent Predictive Forecast Models
Roundhill Magnificent's time-series forecasting models is one of many Roundhill Magnificent'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 Magnificent'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.
Things to note about Roundhill Magnificent
Checking the ongoing alerts about Roundhill Magnificent for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Roundhill Magnificent help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the previous year's revenue of 82.77 M. Net Loss for the year was (830 K) with profit before overhead, payroll, taxes, and interest of 34.44 M. | |
| About 58.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Go Beyond MAGS ETF Tap Broadening of the Rally With TOPT ETF |
Check out Roundhill Magnificent Backtesting, Portfolio Optimization, Roundhill Magnificent Correlation, Roundhill Magnificent Hype Analysis, Roundhill Magnificent Volatility, Roundhill Magnificent History as well as Roundhill Magnificent Performance. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of Roundhill Magnificent 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 Magnificent's value that differs from its market value or its book value, called intrinsic value, which is Roundhill Magnificent'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 Magnificent's market value can be influenced by many factors that don't directly affect Roundhill Magnificent'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 Magnificent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Magnificent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Magnificent'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.