Roundhill ETF Trust Price on February 29, 2024
KNGSDelisted Etf | USD 28.70 0.05 0.17% |
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 ETF stands at 28.70, as last reported on the 2nd of December, with the highest price reaching 28.70 and the lowest price hitting 28.70 during the day. Roundhill ETF Trust maintains Sharpe Ratio (i.e., Efficiency) of -0.0396, which implies the entity had a -0.0396% return per unit of risk over the last 3 months. Roundhill ETF Trust exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Roundhill ETF's Coefficient Of Variation of (4,622), variance of 0.3581, and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide.
Roundhill Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Roundhill |
Sharpe Ratio = -0.0396
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Estimated Market Risk
0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Roundhill ETF is not performing at its full potential. However, 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 ETF by adding Roundhill ETF to a well-diversified portfolio.
Related Headline
AdvisorShares Headline on 29th of February 2024
AdvisorShares Q Dynamic Growth ETF Stock Price Down 0.3 perc... by news.google.com
AdvisorShares Q Dynamic Growth ETF Stock Price Down 0.3 AmericanBankingNEWS
Roundhill ETF Valuation on February 29, 2024
It is possible to determine the worth of Roundhill ETF on a given historical date. On February 29, 2024 Roundhill was worth 26.93 at the beginning of the trading date compared to the closed value of 26.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Roundhill ETF etf. Still, in general, we apply an absolute valuation method to find Roundhill ETF'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 ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Roundhill ETF's related companies.
Open | High | Low | Close | Volume | |
26.65 | 26.77 | 26.65 | 26.73 | 1,923 | |
02/29/2024 | 26.93 | 26.93 | 26.92 | 26.92 | 394.00 |
26.92 | 26.92 | 26.73 | 26.87 | 1,045 |
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Roundhill ETF Trading Date Momentum on February 29, 2024
On March 01 2024 Roundhill ETF Trust was traded for 26.87 at the closing time. The top price for the day was 26.92 and the lowest listed price was 26.73 . The trading volume for the day was 1 K. The trading history from March 1, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.19% . The trading delta at closing time against the current closing price is 1.30% . |
Roundhill ETF Trust Fundamentals Correlations and Trends
By evaluating Roundhill ETF's 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 ETF's 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 ETF Etf history
Roundhill ETF 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 ETF Trust 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 ETF stock prices may prove useful in developing a viable investing in Roundhill ETF
The fund generally invests in securities that Upholdings believes have the potential to compound at a higher rate than the SP 500 Index over multi-year periods. Upholdings Compound is traded on BATS Exchange in the United States.
Roundhill ETF Etf Technical Analysis
Roundhill ETF 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, delisted etf market cycles, or different charting patterns.
Price Boundaries
Roundhill ETF Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Roundhill ETF Trust 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 ETF December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Roundhill ETF 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 ETF shares will generate the highest return on investment. By undertsting and applying Roundhill ETF etf market strength indicators, traders can identify Roundhill ETF Trust entry and exit signals to maximize returns
Roundhill ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Roundhill ETF'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 | (0.02) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.12) | |||
Treynor Ratio | (0.04) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Roundhill ETF Trust. 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 Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Other Consideration for investing in Roundhill Etf
If you are still planning to invest in Roundhill ETF Trust check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Roundhill ETF's history and understand the potential risks before investing.
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