Roundhill Magnificent Seven Etf Price on September 25, 2024
| MAGS Etf | USD 51.75 0.75 1.47% |
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 Magnificent stands at 51.75, as last reported on the 2nd of December, with the highest price reaching 51.75 and the lowest price hitting 50.91 during the day. Roundhill Magnificent appears to be very steady, given 3 months investment horizon. Roundhill Magnificent 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 Magnificent, which you can use to evaluate the volatility of the etf. Please evaluate Roundhill Magnificent's Semi Deviation of 1.3, coefficient of variation of 598.64, and Risk Adjusted Performance of 0.1327 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 = 0.2021
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Estimated Market Risk
| 1.46 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Roundhill Magnificent 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 Magnificent by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
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Roundhill Magnificent Valuation on September 25, 2024
It is possible to determine the worth of Roundhill Magnificent on a given historical date. On September 25, 2024 Roundhill was worth 47.15 at the beginning of the trading date compared to the closed value of 47.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Roundhill Magnificent etf. Still, in general, we apply an absolute valuation method to find Roundhill Magnificent'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 Magnificent where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Roundhill Magnificent's related companies.
| Open | High | Low | Close | Volume | |
| 47.19 | 47.24 | 46.42 | 47.23 | 568,812 | |
09/25/2024 | 47.15 | 47.55 | 47.08 | 47.45 | 554,257 |
| 48.05 | 48.05 | 47.06 | 47.34 | 1,148,759 |
| Backtest Roundhill Magnificent | | | Roundhill Magnificent History | | | Roundhill Magnificent Valuation | Previous | Next |
Roundhill Magnificent Trading Date Momentum on September 25, 2024
| On September 26 2024 Roundhill Magnificent Seven was traded for 47.34 at the closing time. The top price for the day was 48.05 and the lowest listed price was 47.06 . The trading volume for the day was 1.1 M. The trading history from September 26, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.23% . The trading delta at closing time against the current closing price is 0.27% . |
Roundhill Magnificent Fundamentals Correlations and Trends
By evaluating Roundhill Magnificent'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 Magnificent'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 Magnificent Etf history
Roundhill Magnificent 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 Magnificent 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 Magnificent stock prices may prove useful in developing a viable investing in Roundhill Magnificent
Magal Security Systems Ltd. develops, manufactures, markets, and sells perimeter intrusion detection sensors, physical barriers, video analytics and management systems, cyber security products and systems, and security video observation and surveillance systems. The company was founded in 1965 and is headquartered in Yehud, Israel. Magal Security operates under Security Protection Services classification in the United States and is traded on NASDAQ Exchange. It employs 4 people.
Roundhill Magnificent Etf Technical Analysis
Roundhill Magnificent 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 Magnificent Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Roundhill Magnificent Seven 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 Magnificent December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Roundhill Magnificent 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 Magnificent shares will generate the highest return on investment. By undertsting and applying Roundhill Magnificent etf market strength indicators, traders can identify Roundhill Magnificent Seven entry and exit signals to maximize returns
Roundhill Magnificent Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Roundhill Magnificent'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 | 0.1327 | |||
| Jensen Alpha | 0.108 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0724 | |||
| Treynor Ratio | 0.2295 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Roundhill Magnificent Seven. 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of Roundhill Magnificent 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 Magnificent's value that differs from its market value or its book value, called intrinsic value, which is Roundhill Magnificent'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 Magnificent's market value can be influenced by many factors that don't directly affect Roundhill Magnificent'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 Magnificent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Magnificent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Magnificent'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.