Roundhill Ball Metaverse Etf Probability of Future Etf Price Finishing Over 14.07
| METV Etf | USD 14.32 0.14 0.99% |
Roundhill |
Roundhill Ball Target Price Odds to finish over 14.07
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 $ 14.07 in 90 days |
| 14.32 | 90 days | 14.07 | about 7.62 |
Based on a normal probability distribution, the odds of Roundhill Ball to stay above $ 14.07 in 90 days from now is about 7.62 (This Roundhill Ball Metaverse probability density function shows the probability of Roundhill Etf to fall within a particular range of prices over 90 days) . Probability of Roundhill Ball Metaverse price to stay between $ 14.07 and its current price of $14.32 at the end of the 90-day period is nearly 4.88 .
Given the investment horizon of 90 days Roundhill Ball has a beta of 0.99. This indicates Roundhill Ball Metaverse market returns are correlated to returns on the market. As the market goes up or down, Roundhill Ball is expected to follow. Additionally Roundhill Ball Metaverse has an alpha of 0.0121, implying that it can generate a 0.0121 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Roundhill Ball Price Density |
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Predictive Modules for Roundhill Ball
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 Ball Metaverse. 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 Ball's 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 Ball Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Roundhill Ball is not an exception. The market had few large corrections towards the Roundhill Ball'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 Ball Metaverse, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Roundhill Ball within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.99 | |
σ | Overall volatility | 0.51 | |
Ir | Information ratio | 0.01 |
Roundhill Ball 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 Ball for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Roundhill Ball Metaverse 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 gurufocus.com: Analysts project Metas AI-powered initiatives will unlock a 10B market opportunity by 2026 | |
| The fund created three year return of -4.0% | |
| Roundhill Ball Metaverse maintains 99.88% of its assets in stocks |
Roundhill Ball Technical Analysis
Roundhill Ball'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 Ball Metaverse. In general, you should focus on analyzing Roundhill Etf price patterns and their correlations with different microeconomic environments and drivers.
Roundhill Ball Predictive Forecast Models
Roundhill Ball's time-series forecasting models is one of many Roundhill Ball'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 Ball'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 Ball Metaverse
Checking the ongoing alerts about Roundhill Ball for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Roundhill Ball Metaverse 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 gurufocus.com: Analysts project Metas AI-powered initiatives will unlock a 10B market opportunity by 2026 | |
| The fund created three year return of -4.0% | |
| Roundhill Ball Metaverse maintains 99.88% of its assets in stocks |
Check out Roundhill Ball Backtesting, Portfolio Optimization, Roundhill Ball Correlation, Roundhill Ball Hype Analysis, Roundhill Ball Volatility, Roundhill Ball History as well as Roundhill Ball Performance. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of Roundhill Ball Metaverse 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 Ball's value that differs from its market value or its book value, called intrinsic value, which is Roundhill Ball'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 Ball's market value can be influenced by many factors that don't directly affect Roundhill Ball'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 Ball's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Ball is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Ball'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.