Roundhill Video Games Etf Price on May 31, 2024
| NERD Etf | USD 19.89 0.23 1.17% |
Below is the normalized historical share price chart for Roundhill Video Games extending back to June 04, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Roundhill Video stands at 19.89, as last reported on the 24th of November, with the highest price reaching 19.89 and the lowest price hitting 19.55 during the day.
If you're considering investing in Roundhill Etf, it is important to understand the factors that can impact its price. Roundhill Video appears to be very steady, given 3 months investment horizon. Roundhill Video Games 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 thirty technical indicators for Roundhill Video Games, which you can use to evaluate the volatility of the etf. Please evaluate Roundhill Video's Risk Adjusted Performance of 0.1629, coefficient of variation of 481.63, and Semi Deviation of 0.6638 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.
3 y Volatility 21.27 | 200 Day MA 16.3439 | 1 y Volatility 15.52 | 50 Day MA 18.1428 | Inception Date 2019-06-03 |
Roundhill |
Sharpe Ratio = 0.1959
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Estimated Market Risk
| 1.21 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Roundhill Video 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 Video by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 10.5 K |
Roundhill Video Valuation on May 31, 2024
It is possible to determine the worth of Roundhill Video on a given historical date. On May 31, 2024 Roundhill was worth 15.6 at the beginning of the trading date compared to the closed value of 15.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Roundhill Video etf. Still, in general, we apply an absolute valuation method to find Roundhill Video'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 Video where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Roundhill Video's related companies.
| Open | High | Low | Close | Volume | |
| 15.47 | 15.49 | 15.46 | 15.49 | 900.00 | |
05/31/2024 | 15.60 | 15.60 | 15.58 | 15.58 | 1,200 |
| 15.65 | 15.76 | 15.65 | 15.76 | 900.00 |
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Roundhill Video Trading Date Momentum on May 31, 2024
| On June 03 2024 Roundhill Video Games was traded for 15.76 at the closing time. The top price for the day was 15.76 and the lowest listed price was 15.65 . The trading volume for the day was 900. The trading history from June 3, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 1.16% . The trading delta at closing time against the current closing price is 1.41% . |
Roundhill Video Games Fundamentals Correlations and Trends
By evaluating Roundhill Video'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 Video'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 Video Etf history
Roundhill Video 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 Video Games 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 Video stock prices may prove useful in developing a viable investing in Roundhill Video
The fund uses a passive management approach to seek to track the total return performance, before fees and expenses, of the index. Roundhill Esports is traded on NYSEARCA Exchange in the United States.
Roundhill Video Etf Technical Analysis
Roundhill Video 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 Video Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Roundhill Video Games 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 Video November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Roundhill Video 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 Video shares will generate the highest return on investment. By undertsting and applying Roundhill Video etf market strength indicators, traders can identify Roundhill Video Games entry and exit signals to maximize returns
Roundhill Video Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Roundhill Video'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 | 0.1629 | |||
| Jensen Alpha | 0.1912 | |||
| Total Risk Alpha | 0.051 | |||
| Sortino Ratio | 0.1364 | |||
| Treynor Ratio | 0.571 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Roundhill Video Games. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of Roundhill Video Games 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 Video's value that differs from its market value or its book value, called intrinsic value, which is Roundhill Video'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 Video's market value can be influenced by many factors that don't directly affect Roundhill Video'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 Video's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Video is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Video'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.