Roundhill Big Tech Etf Price on December 3, 2024
| BIGT Etf | 54.91 0.18 0.33% |
If you're considering investing in Roundhill Etf, it is important to understand the factors that can impact its price. As of today, the current price of Roundhill BIG stands at 54.91, as last reported on the 11th of December 2024, with the highest price reaching 55.29 and the lowest price hitting 54.42 during the day. Roundhill BIG appears to be very steady, given 3 months investment horizon. Roundhill BIG Tech maintains Sharpe Ratio (i.e., Efficiency) of 0.24, which implies the entity had a 0.24% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Roundhill BIG Tech, which you can use to evaluate the volatility of the etf. Please evaluate Roundhill BIG's Coefficient Of Variation of 333.9, risk adjusted performance of 0.221, and Semi Deviation of 0.8894 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.
Roundhill |
Sharpe Ratio = 0.2372
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Estimated Market Risk
| 1.35 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Roundhill BIG is performing at about 18% 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 BIG by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Related Headline
Roundhill Investments Headline on 11th of December 2024
Acquisition by Kopple Robert C. of 424000 shares of Roundhil... by Kopple Robert C.
Filed transaction by Roundhill Investments 10 Percent Owner. Grant, award or other acquisition pursuant to Rule 16b-3
Roundhill BIG Valuation on December 3, 2024
It is possible to determine the worth of Roundhill BIG on a given historical date. On December 3, 2024 Roundhill was worth 52.53 at the beginning of the trading date compared to the closed value of 52.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Roundhill BIG etf. Still, in general, we apply an absolute valuation method to find Roundhill BIG's 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 BIG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Roundhill BIG's related companies.
| Open | High | Low | Close | Volume | |
| 52.00 | 52.76 | 51.98 | 52.68 | 1,551,941 | |
12/03/2024 | 52.53 | 53.04 | 52.39 | 52.96 | 898,650 |
| 53.31 | 53.89 | 53.20 | 53.89 | 1,556,452 |
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Roundhill BIG Trading Date Momentum on December 3, 2024
| On December 04 2024 Roundhill BIG Tech was traded for 53.89 at the closing time. The top price for the day was 53.89 and the lowest listed price was 53.20 . The trading volume for the day was 1.6 M. The trading history from December 4, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 1.76% . The trading delta at closing time against the current closing price is 4.00% . |
About Roundhill BIG Etf history
Roundhill BIG 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 BIG Tech 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 BIG stock prices may prove useful in developing a viable investing in Roundhill BIG
Roundhill BIG Etf Technical Analysis
Roundhill BIG 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 BIG Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Roundhill BIG Tech cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 BIG December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Roundhill BIG 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 BIG shares will generate the highest return on investment. By undertsting and applying Roundhill BIG etf market strength indicators, traders can identify Roundhill BIG Tech entry and exit signals to maximize returns
Roundhill BIG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Roundhill BIG's 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 | 0.221 | |||
| Jensen Alpha | 0.4163 | |||
| Total Risk Alpha | 0.1822 | |||
| Sortino Ratio | 0.2221 | |||
| Treynor Ratio | (2.50) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Roundhill BIG Tech. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.