Roundhill Daily Inverse Price on December 14, 2024
MAGQDelisted Etf | 20.24 0.11 0.54% |
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 Daily stands at 20.24, as last reported on the 14th of December 2024, with the highest price reaching 20.35 and the lowest price hitting 20.24 during the day. Roundhill Daily Inverse maintains Sharpe Ratio (i.e., Efficiency) of -0.0335, which implies the entity had a -0.0335% return per unit of risk over the last 3 months. Roundhill Daily Inverse exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Roundhill Daily's Variance of 3.77, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,559) 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 = -0.0335
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Estimated Market Risk
1.91 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Roundhill Daily 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 Daily by adding Roundhill Daily to a well-diversified portfolio.
Related Headline
Roundhill Investments Headline on 14th 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 Daily Valuation on December 14, 2024
It is possible to determine the worth of Roundhill Daily on a given historical date. On December 14, 2024 Roundhill was worth 20.35 at the beginning of the trading date compared to the closed value of 20.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Roundhill Daily etf. Still, in general, we apply an absolute valuation method to find Roundhill Daily'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 Daily where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Roundhill Daily's related companies.
Open | High | Low | Close | Volume | |
12/14/2024 | 20.35 | 20.35 | 20.24 | 20.24 | 0.00 |
Backtest Roundhill Daily | | | Roundhill Daily History | | | Roundhill Daily Valuation |
Roundhill Daily Trading Date Momentum on December 14, 2024
About Roundhill Daily Etf history
Roundhill Daily 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 Daily Inverse 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 Daily stock prices may prove useful in developing a viable investing in Roundhill Daily
Roundhill Daily Etf Technical Analysis
Roundhill Daily 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 Daily Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Roundhill Daily Inverse 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 Daily December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Roundhill Daily 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 Daily shares will generate the highest return on investment. By undertsting and applying Roundhill Daily etf market strength indicators, traders can identify Roundhill Daily Inverse entry and exit signals to maximize returns
Roundhill Daily Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Roundhill Daily'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 | (0.06) | |||
Total Risk Alpha | (0.33) | |||
Treynor Ratio | 0.2944 |
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Check out Correlation Analysis to better understand how to build diversified portfolios. 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Other Consideration for investing in Roundhill Etf
If you are still planning to invest in Roundhill Daily Inverse 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 Daily's history and understand the potential risks before investing.
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