Roundhill Video Games Etf Probability of Future Etf Price Finishing Under 13.38
| NERD Etf | USD 20.41 0.03 0.15% |
Roundhill |
Roundhill Video Target Price Odds to finish below 13.38
The tendency of Roundhill Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 13.38 or more in 90 days |
| 20.41 | 90 days | 13.38 | near 1 |
Based on a normal probability distribution, the odds of Roundhill Video to drop to $ 13.38 or more in 90 days from now is near 1 (This Roundhill Video Games probability density function shows the probability of Roundhill Etf to fall within a particular range of prices over 90 days) . Probability of Roundhill Video Games price to stay between $ 13.38 and its current price of $20.41 at the end of the 90-day period is about 85.64 .
Given the investment horizon of 90 days Roundhill Video has a beta of 0.46. This indicates as returns on the market go up, Roundhill Video average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Roundhill Video Games will be expected to be much smaller as well. Additionally Roundhill Video Games has an alpha of 0.205, implying that it can generate a 0.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Roundhill Video Price Density |
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Predictive Modules for Roundhill Video
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Roundhill Video Games. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Roundhill Video Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Roundhill Video is not an exception. The market had few large corrections towards the Roundhill Video's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Roundhill Video Games, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Roundhill Video within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | 0.46 | |
σ | Overall volatility | 1.38 | |
Ir | Information ratio | 0.13 |
Roundhill Video Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Roundhill Video for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Roundhill Video Games can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund created three year return of -5.0% | |
| Roundhill Video Games maintains 99.49% of its assets in stocks |
Roundhill Video Technical Analysis
Roundhill Video's future price can be derived by breaking down and analyzing its technical indicators over time. Roundhill Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Roundhill Video Games. In general, you should focus on analyzing Roundhill Etf price patterns and their correlations with different microeconomic environments and drivers.
Roundhill Video Predictive Forecast Models
Roundhill Video's time-series forecasting models is one of many Roundhill Video's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Roundhill Video's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about Roundhill Video Games
Checking the ongoing alerts about Roundhill Video for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Roundhill Video Games help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund created three year return of -5.0% | |
| Roundhill Video Games maintains 99.49% of its assets in stocks |
Check out Roundhill Video Backtesting, Portfolio Optimization, Roundhill Video Correlation, Roundhill Video Hype Analysis, Roundhill Video Volatility, Roundhill Video History as well as Roundhill Video Performance. 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 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.