Roundhill Etf Trust Etf Market Value
| QDTE Etf | 38.54 0.47 1.20% |
| Symbol | Roundhill |
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.
Roundhill ETF 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Roundhill ETF's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Roundhill ETF.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Roundhill ETF on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Roundhill ETF Trust or generate 0.0% return on investment in Roundhill ETF over 30 days. Roundhill ETF is related to or competes with FT Vest, Northern Lights, Dimensional International, First Trust, EA Series, FT Cboe, and FT Cboe. Roundhill ETF is entity of United States More
Roundhill ETF Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Roundhill ETF's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Roundhill ETF Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.14 | |||
| Information Ratio | 0.0102 | |||
| Maximum Drawdown | 5.27 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 1.37 |
Roundhill ETF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roundhill ETF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Roundhill ETF's standard deviation. In reality, there are many statistical measures that can use Roundhill ETF historical prices to predict the future Roundhill ETF's volatility.| Risk Adjusted Performance | 0.0211 | |||
| Jensen Alpha | 0.013 | |||
| Total Risk Alpha | 0.0084 | |||
| Sortino Ratio | 0.009 | |||
| Treynor Ratio | 0.0336 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Roundhill ETF's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Roundhill ETF Trust Backtested Returns
At this point, Roundhill ETF is very steady. Roundhill ETF Trust maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the entity had a close to zero % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Roundhill ETF Trust, which you can use to evaluate the volatility of the etf. Please check Roundhill ETF's Risk Adjusted Performance of 0.0211, coefficient of variation of 4019.15, and Semi Deviation of 1.09 to confirm if the risk estimate we provide is consistent with the expected return of 7.0E-4%. The etf holds a Beta of 0.46, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Roundhill ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Roundhill ETF is expected to be smaller as well.
Auto-correlation | -0.36 |
Poor reverse predictability
Roundhill ETF Trust has poor reverse predictability. Overlapping area represents the amount of predictability between Roundhill ETF time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Roundhill ETF Trust price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Roundhill ETF price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Roundhill ETF Trust lagged returns against current returns
Autocorrelation, which is Roundhill ETF etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Roundhill ETF's etf expected returns. We can calculate the autocorrelation of Roundhill ETF returns to help us make a trade decision. For example, suppose you find that Roundhill ETF has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Roundhill ETF regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Roundhill ETF etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Roundhill ETF etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Roundhill ETF etf over time.
Current vs Lagged Prices |
| Timeline |
Roundhill ETF Lagged Returns
When evaluating Roundhill ETF's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Roundhill ETF etf have on its future price. Roundhill ETF autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Roundhill ETF autocorrelation shows the relationship between Roundhill ETF etf current value and its past values and can show if there is a momentum factor associated with investing in Roundhill ETF Trust.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Roundhill ETF Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Roundhill ETF's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Roundhill Etf Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Roundhill Etf Trust Etf:Check out Roundhill ETF Correlation, Roundhill ETF Volatility and Roundhill ETF Alpha and Beta module to complement your research on Roundhill ETF. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.