Roundhill Etf Trust Etf Price on November 17, 2023
| KNGS 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 29th of November, with the highest price reaching 28.74 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-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Roundhill ETF's Coefficient Of Variation of (5,797), risk adjusted performance of (0.02), and Variance of 0.3586 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
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | KNGS |
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.
Average Mkt Cap Mil 99.7 K |
Roundhill ETF Valuation on November 17, 2023
It is possible to determine the worth of Roundhill ETF on a given historical date. On November 17, 2023 Roundhill was worth 25.54 at the beginning of the trading date compared to the closed value of 25.51. 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 | |
| 25.50 | 25.52 | 25.46 | 25.47 | 2,009 | |
11/17/2023 | 25.54 | 25.55 | 25.47 | 25.51 | 4,062 |
| 25.58 | 25.58 | 25.42 | 25.45 | 4,843 |
| Backtest Roundhill ETF | | | Roundhill ETF History | | | Roundhill ETF Valuation | Previous | Next |
Roundhill ETF Trading Date Momentum on November 17, 2023
| On November 20 2023 Roundhill ETF Trust was traded for 25.45 at the closing time. The top price for the day was 25.58 and the lowest listed price was 25.42 . The trading volume for the day was 4.8 K. The trading history from November 20, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.24% . The trading delta at closing time against the current closing price is 0.74% . |
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, etf market cycles, or different charting patterns.
Price Boundaries
Roundhill ETF Period Price Range
Low | November 29, 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 November 29, 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 | (0.08) | |||
| Total Risk Alpha | (0.11) | |||
| 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of Roundhill ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Roundhill ETF'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 ETF's market value can be influenced by many factors that don't directly affect Roundhill ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill ETF'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.