Roundhill Sports Betting Etf Price on October 25, 2024
| BETZ Etf | USD 20.39 0.01 0.05% |
Below is the normalized historical share price chart for Roundhill Sports Betting extending back to June 04, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Roundhill Sports stands at 20.39, as last reported on the 28th of November, with the highest price reaching 20.51 and the lowest price hitting 20.38 during the day.
If you're considering investing in Roundhill Etf, it is important to understand the factors that can impact its price. Roundhill Sports appears to be very steady, given 3 months investment horizon. Roundhill Sports Betting maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the entity had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Roundhill Sports Betting, which you can use to evaluate the volatility of the etf. Please evaluate Roundhill Sports' Semi Deviation of 0.7771, risk adjusted performance of 0.1354, and Coefficient Of Variation of 577.55 to confirm if our risk estimates are consistent with your expectations.
Roundhill Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 27.99 | 200 Day MA 17.8152 | 1 y Volatility 15.11 | 50 Day MA 18.998 | Inception Date 2020-06-03 |
Roundhill |
Sharpe Ratio = 0.1985
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | BETZ | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Roundhill Sports is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Roundhill Sports by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 5.7 K |
Roundhill Sports Valuation on October 25, 2024
It is possible to determine the worth of Roundhill Sports on a given historical date. On October 25, 2024 Roundhill was worth 18.6 at the beginning of the trading date compared to the closed value of 18.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Roundhill Sports etf. Still, in general, we apply an absolute valuation method to find Roundhill Sports' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Roundhill Sports where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Roundhill Sports' related companies.
| Open | High | Low | Close | Volume | |
| 18.63 | 18.67 | 18.58 | 18.67 | 5,050 | |
10/25/2024 | 18.60 | 18.60 | 18.37 | 18.44 | 14,648 |
| 18.54 | 18.61 | 18.53 | 18.57 | 9,644 |
| Backtest Roundhill Sports | | | Roundhill Sports History | | | Roundhill Sports Valuation | Previous | Next |
Roundhill Sports Trading Date Momentum on October 25, 2024
| On October 28 2024 Roundhill Sports Betting was traded for 18.57 at the closing time. The top price for the day was 18.61 and the lowest listed price was 18.53 . The trading volume for the day was 9.6 K. The trading history from October 28, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.70% . The trading delta at closing time against the current closing price is 0.33% . |
Roundhill Sports Betting Fundamentals Correlations and Trends
By evaluating Roundhill Sports' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Roundhill Sports' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Roundhill financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Roundhill Sports Etf history
Roundhill Sports investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Roundhill is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Roundhill Sports Betting will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Roundhill Sports stock prices may prove useful in developing a viable investing in Roundhill Sports
Under normal circumstances, at least 80 percent of the funds net assets will be invested in securities issued by Sports Betting and iGaming Companies. Roundhill Sports is traded on NYSEARCA Exchange in the United States.
Roundhill Sports Etf Technical Analysis
Roundhill Sports technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Roundhill Sports Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Roundhill Sports Betting cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Roundhill Sports November 28, 2024 Market Strength
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
Roundhill Sports Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Roundhill Sports' price direction in advance. Along with the technical and fundamental analysis of Roundhill Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Roundhill to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1354 | |||
| Jensen Alpha | 0.0754 | |||
| Total Risk Alpha | 0.0137 | |||
| Sortino Ratio | 0.0545 | |||
| Treynor Ratio | 0.2055 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Roundhill Sports Betting. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.