Roundhill Glp 1 Weight Etf Technical Analysis
| OZEM Etf | 24.42 0.07 0.29% |
As of the 30th of January, Roundhill GLP holds the Variance of 2.01, coefficient of variation of (677.62), and Risk Adjusted Performance of (0.12). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Roundhill GLP, as well as the relationship between them. Please check Roundhill GLP 1 market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Roundhill GLP 1 is priced some-what accurately, providing market reflects its current price of 24.42 per share.
Roundhill GLP 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 GLP 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 GLP 1 Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Roundhill GLP 1 volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Roundhill GLP 1 Trend Analysis
Use this graph to draw trend lines for Roundhill GLP 1 Weight. You can use it to identify possible trend reversals for Roundhill GLP 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 GLP price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Roundhill GLP Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Roundhill GLP 1 Weight applied against its price change over selected period. The best fit line has a slop of 0.06 , which may suggest that Roundhill GLP 1 Weight market price will keep on failing further. It has 122 observation points and a regression sum of squares at 134.83, which is the sum of squared deviations for the predicted Roundhill GLP price change compared to its average price change.About Roundhill GLP 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 GLP 1 Weight 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 GLP 1 Weight based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Roundhill GLP 1 price pattern first instead of the macroeconomic environment surrounding Roundhill GLP 1. By analyzing Roundhill GLP'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 GLP'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 GLP specific price patterns or momentum indicators. Please read more on our technical analysis page.
Roundhill GLP January 30, 2025 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 | (0.12) | |||
| Market Risk Adjusted Performance | 1.49 | |||
| Mean Deviation | 1.05 | |||
| Coefficient Of Variation | (677.62) | |||
| Standard Deviation | 1.42 | |||
| Variance | 2.01 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | 1.48 | |||
| Maximum Drawdown | 6.91 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 2.16 | |||
| Skewness | (0.64) | |||
| Kurtosis | 1.24 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roundhill GLP 1 Weight. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of Roundhill GLP 1 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 GLP's value that differs from its market value or its book value, called intrinsic value, which is Roundhill GLP'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 GLP's market value can be influenced by many factors that don't directly affect Roundhill GLP'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 GLP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill GLP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill GLP'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.