Roundhill Etf Trust Etf Buy Hold or Sell Recommendation
| RDTE Etf | 45.45 0.17 0.38% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Roundhill ETF Trust is 'Strong Buy'. Macroaxis provides Roundhill ETF buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding RDTE positions.
Check out Roundhill ETF Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Roundhill and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards 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.
Roundhill |
Execute Roundhill ETF Buy or Sell Advice
The Roundhill recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Roundhill ETF Trust. Macroaxis does not own or have any residual interests in Roundhill ETF Trust or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Roundhill ETF's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details |
Roundhill ETF Trading Alerts and Improvement Suggestions
| Latest headline from finance.yahoo.com: Roundhill Investments Announces XDTE, QDTE and RDTE Distributions for November 29, 2024 |
Roundhill ETF Returns Distribution Density
The distribution of Roundhill ETF's historical returns is an attempt to chart the uncertainty of Roundhill ETF's future price movements. The chart of the probability distribution of Roundhill ETF daily returns describes the distribution of returns around its average expected value. We use Roundhill ETF Trust price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Roundhill ETF returns is essential to provide solid investment advice for Roundhill ETF.
| Mean Return | 0.27 | Value At Risk | -1.39 | Potential Upside | 1.99 | Standard Deviation | 1.18 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Roundhill ETF historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Roundhill ETF Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Roundhill ETF or Derivative Income sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Roundhill ETF's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Roundhill etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 1.14 | |
σ | Overall volatility | 1.18 | |
Ir | Information ratio | 0.11 |
Roundhill ETF Volatility Alert
Roundhill ETF Trust has low volatility with Treynor Ratio of 0.23, Maximum Drawdown of 7.22 and kurtosis of 7.66. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Roundhill ETF's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Roundhill ETF's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Roundhill ETF Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Roundhill . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Roundhill ETF Buy or Sell Advice
When is the right time to buy or sell Roundhill ETF Trust? Buying financial instruments such as Roundhill Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Roundhill ETF in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Banks Thematic Idea Now
Banks
Large and small money and credit banks and credit services. The Banks theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banks Theme or any other thematic opportunities.
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Check out Roundhill ETF Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 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.