Roundhill Etf Trust Etf Price on July 31, 2024
| XDTE Etf | 53.06 0.11 0.21% |
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 53.06, as last reported on the 1st of December, with the highest price reaching 53.13 and the lowest price hitting 52.94 during the day. At this point, Roundhill ETF is very steady. Roundhill ETF Trust maintains Sharpe Ratio (i.e., Efficiency) of 0.22, which implies the entity had a 0.22% return per unit of risk over the last 3 months. We have found thirty technical indicators for Roundhill ETF Trust, which you can use to evaluate the volatility of the etf. Please check Roundhill ETF's Semi Deviation of 0.5964, risk adjusted performance of 0.128, and Coefficient Of Variation of 593.81 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
Roundhill Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Roundhill |
Sharpe Ratio = 0.2188
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| Cash | XDTE | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Roundhill ETF is performing at about 17% 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 ETF by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 328.5 K |
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Roundhill ETF Valuation on July 31, 2024
It is possible to determine the worth of Roundhill ETF on a given historical date. On July 31, 2024 Roundhill was worth 47.32 at the beginning of the trading date compared to the closed value of 47.57. 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 | |
| 47.25 | 47.28 | 46.57 | 46.95 | 36,000 | |
07/31/2024 | 47.32 | 47.71 | 47.30 | 47.57 | 57,400 |
| 47.93 | 48.15 | 46.87 | 47.12 | 91,600 |
| Backtest Roundhill ETF | | | Roundhill ETF History | | | Roundhill ETF Valuation | Previous | Next |
Roundhill ETF Trading Date Momentum on July 31, 2024
| On August 01 2024 Roundhill ETF Trust was traded for 47.12 at the closing time. The top price for the day was 48.15 and the lowest listed price was 46.87 . The trading volume for the day was 91.6 K. The trading history from August 1, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.95% . The trading delta at closing time against the current closing price is 1.30% . |
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
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 | December 1, 2024
| High |
0.00 | 0.00 |
Roundhill ETF Trust cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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 1, 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 | 0.128 | |||
| Jensen Alpha | 0.0145 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1471 |
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| Volume Indicators |
Check out Your Current Watchlist 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 estimate. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.