Roundhill Daily Etf Forward View - Simple Exponential Smoothing
| MAGX Etf | 57.06 0.45 0.78% |
Roundhill Etf outlook is based on your current time horizon.
At this time, the relative strength momentum indicator of Roundhill Daily's share price is approaching 49. This indicates that the etf is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Roundhill Daily, making its price go up or down. Momentum 49
Impartial
Oversold | Overbought |
Using Roundhill Daily hype-based prediction, you can estimate the value of Roundhill Daily 2X from the perspective of Roundhill Daily response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Roundhill Daily 2X on the next trading day is expected to be 57.06 with a mean absolute deviation of 1.00 and the sum of the absolute errors of 59.72. Roundhill Daily after-hype prediction price | USD 57.06 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
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Roundhill Daily Additional Predictive Modules
Most predictive techniques to examine Roundhill price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Roundhill using various technical indicators. When you analyze Roundhill charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Roundhill Daily Simple Exponential Smoothing Price Forecast For the 30th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Roundhill Daily 2X on the next trading day is expected to be 57.06 with a mean absolute deviation of 1.00, mean absolute percentage error of 1.70, and the sum of the absolute errors of 59.72.Please note that although there have been many attempts to predict Roundhill Etf prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Roundhill Daily's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Roundhill Daily Etf Forecast Pattern
| Backtest Roundhill Daily | Roundhill Daily Price Prediction | Buy or Sell Advice |
Roundhill Daily Forecasted Value
In the context of forecasting Roundhill Daily's Etf value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Roundhill Daily's downside and upside margins for the forecasting period are 54.73 and 59.39, respectively. We have considered Roundhill Daily's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Roundhill Daily etf data series using in forecasting. Note that when a statistical model is used to represent Roundhill Daily etf, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 116.8004 |
| Bias | Arithmetic mean of the errors | 0.0467 |
| MAD | Mean absolute deviation | 0.9953 |
| MAPE | Mean absolute percentage error | 0.0178 |
| SAE | Sum of the absolute errors | 59.72 |
Predictive Modules for Roundhill Daily
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 Daily 2X. 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 Daily After-Hype Price Density Analysis
As far as predicting the price of Roundhill Daily at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Roundhill Daily or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Etf prices, such as prices of Roundhill Daily, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Roundhill Daily Estimiated After-Hype Price Volatility
In the context of predicting Roundhill Daily's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Roundhill Daily's historical news coverage. Roundhill Daily's after-hype downside and upside margins for the prediction period are 54.73 and 59.39, respectively. We have considered Roundhill Daily's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Roundhill Daily is very steady at this time. Analysis and calculation of next after-hype price of Roundhill Daily 2X is based on 3 months time horizon.
Roundhill Daily Etf Price Outlook Analysis
Have you ever been surprised when a price of a ETF such as Roundhill Daily is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Roundhill Daily backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Etf price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Roundhill Daily, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.05 | 2.33 | 0.00 | 0.10 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
57.06 | 57.06 | 0.00 |
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Roundhill Daily Hype Timeline
Roundhill Daily 2X is now traded for 57.06. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.1. Roundhill is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at -0.05%. %. The volatility of related hype on Roundhill Daily is about 111.91%, with the expected price after the next announcement by competition of 56.96. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of Roundhill Daily to cross-verify your projections.Roundhill Daily Related Hype Analysis
Having access to credible news sources related to Roundhill Daily's direct competition is more important than ever and may enhance your ability to predict Roundhill Daily's future price movements. Getting to know how Roundhill Daily's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Roundhill Daily may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| TSLS | Direxion Shares ETF | 0.00 | 0 per month | 2.61 | 0.03 | 4.21 | (4.02) | 13.69 | |
| SARK | Tuttle Capital Short | 0.00 | 0 per month | 1.86 | 0.07 | 3.76 | (2.74) | 10.11 | |
| LABD | Direxion Daily SP | 0.00 | 0 per month | 0.00 | (0.14) | 6.14 | (8.46) | 18.22 | |
| BITI | ProShares Trust | 0.00 | 0 per month | 2.57 | 0.13 | 5.50 | (3.97) | 12.39 | |
| MIDU | Direxion Daily Mid | 0.00 | 0 per month | 2.30 | 0.09 | 5.32 | (4.17) | 11.50 | |
| SHNY | Microsectors Gold 3x | (20.82) | 1 per month | 3.10 | 0.28 | 7.64 | (5.11) | 21.01 | |
| GLL | ProShares UltraShort Gold | 0.00 | 0 per month | 0.00 | (0.39) | 2.41 | (5.20) | 16.52 | |
| INDL | Direxion Daily MSCI | 0.00 | 0 per month | 0.00 | (0.16) | 1.79 | (2.17) | 7.21 | |
| DRN | Direxion Daily Real | 0.00 | 0 per month | 2.30 | (0.03) | 3.24 | (3.93) | 9.62 | |
| TARK | AXS 2X Innovation | 0.00 | 0 per month | 0.00 | (0.12) | 5.39 | (7.51) | 15.76 |
Other Forecasting Options for Roundhill Daily
For every potential investor in Roundhill, whether a beginner or expert, Roundhill Daily's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Roundhill Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Roundhill. Basic forecasting techniques help filter out the noise by identifying Roundhill Daily's price trends.Roundhill Daily Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Roundhill Daily etf to make a market-neutral strategy. Peer analysis of Roundhill Daily could also be used in its relative valuation, which is a method of valuing Roundhill Daily by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Roundhill Daily Market Strength Events
Market strength indicators help investors to evaluate how Roundhill Daily etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Roundhill Daily shares will generate the highest return on investment. By undertsting and applying Roundhill Daily etf market strength indicators, traders can identify Roundhill Daily 2X entry and exit signals to maximize returns.
| Accumulation Distribution | 21555.64 | |||
| Daily Balance Of Power | (0.12) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 56.61 | |||
| Day Typical Price | 56.76 | |||
| Price Action Indicator | 0.23 | |||
| Period Momentum Indicator | (0.45) | |||
| Relative Strength Index | 49.81 |
Roundhill Daily Risk Indicators
The analysis of Roundhill Daily's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Roundhill Daily's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting roundhill etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.74 | |||
| Standard Deviation | 2.33 | |||
| Variance | 5.42 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Roundhill Daily
The number of cover stories for Roundhill Daily depends on current market conditions and Roundhill Daily's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Roundhill Daily is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Roundhill Daily's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
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Check out Historical Fundamental Analysis of Roundhill Daily to cross-verify your projections. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Investors evaluate Roundhill Daily 2X using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Roundhill Daily's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause Roundhill Daily's market price to deviate significantly from intrinsic value.
Understanding that Roundhill Daily's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Roundhill Daily represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Roundhill Daily's market price signifies the transaction level at which participants voluntarily complete trades.