Roundhill Investments Etf Technical Analysis
BIGB Etf | 29.19 0.08 0.27% |
As of the 30th of November, Roundhill Investments holds the Coefficient Of Variation of 1509.87, semi deviation of 1.13, and Risk Adjusted Performance of 0.0548. Our technical analysis interface allows you to check existing technical drivers of Roundhill Investments, as well as the relationship between them.
Roundhill Investments Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Roundhill, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RoundhillRoundhill |
Roundhill Investments 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.
Roundhill Investments Technical Analysis
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Roundhill Investments Trend Analysis
Use this graph to draw trend lines for Roundhill Investments. You can use it to identify possible trend reversals for Roundhill Investments as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Roundhill Investments price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Roundhill Investments Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Roundhill Investments applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Roundhill Investments will continue generating value for investors. It has 122 observation points and a regression sum of squares at 44.21, which is the sum of squared deviations for the predicted Roundhill Investments price change compared to its average price change.About Roundhill Investments Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Roundhill Investments on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Roundhill Investments based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Roundhill Investments price pattern first instead of the macroeconomic environment surrounding Roundhill Investments. By analyzing Roundhill Investments's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Roundhill Investments's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Roundhill Investments specific price patterns or momentum indicators. Please read more on our technical analysis page.
Roundhill Investments November 30, 2024 Technical Indicators
Most technical analysis of Roundhill help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Roundhill from various momentum indicators to cycle indicators. When you analyze Roundhill charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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Volume Indicators |
Risk Adjusted Performance | 0.0548 | |||
Market Risk Adjusted Performance | 0.905 | |||
Mean Deviation | 1.01 | |||
Semi Deviation | 1.13 | |||
Downside Deviation | 1.25 | |||
Coefficient Of Variation | 1509.87 | |||
Standard Deviation | 1.32 | |||
Variance | 1.74 | |||
Information Ratio | (0.04) | |||
Jensen Alpha | 0.0664 | |||
Total Risk Alpha | (0.14) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 0.895 | |||
Maximum Drawdown | 5.64 | |||
Value At Risk | (2.06) | |||
Potential Upside | 2.63 | |||
Downside Variance | 1.56 | |||
Semi Variance | 1.28 | |||
Expected Short fall | (1.13) | |||
Skewness | 0.2854 | |||
Kurtosis | 0.1002 |
Check out Trending Equities 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of Roundhill Investments 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 Investments' value that differs from its market value or its book value, called intrinsic value, which is Roundhill Investments' 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 Investments' market value can be influenced by many factors that don't directly affect Roundhill Investments' 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 Investments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Investments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Investments' 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.