Roundhill Daily 2x Etf Buy Hold or Sell Recommendation
| MAGX Etf | 60.70 0.43 0.71% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Roundhill Daily 2X is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Roundhill Daily 2X given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Roundhill Daily 2X, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Roundhill Daily 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 Daily 2X. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census.
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Execute Roundhill Daily 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 Daily 2X. Macroaxis does not own or have any residual interests in Roundhill Daily 2X or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Roundhill Daily's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Mild | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details |
Roundhill Daily thematic classifications
 | Strategy ETFsUSA ETFs from Strategy clasification | |
| Theme ETFsUSA ETFs from Theme clasification |
Roundhill Daily Returns Distribution Density
The distribution of Roundhill Daily's historical returns is an attempt to chart the uncertainty of Roundhill Daily's future price movements. The chart of the probability distribution of Roundhill Daily daily returns describes the distribution of returns around its average expected value. We use Roundhill Daily 2X price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Roundhill Daily returns is essential to provide solid investment advice for Roundhill Daily.
| Mean Return | 0.15 | Value At Risk | -4.21 | Potential Upside | 4.49 | Standard Deviation | 2.58 |
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 Daily 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 Daily 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 Daily or Trading--Leveraged Equity 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 Daily'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 | 0.13 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 2.62 | |
Ir | Information ratio | 0.03 |
Roundhill Daily Volatility Alert
Roundhill Daily 2X shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Roundhill Daily'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 Daily'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 Daily Fundamentals Vs Peers
Comparing Roundhill Daily's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Roundhill Daily's direct or indirect competition across all of the common fundamentals between Roundhill Daily and the related equities. This way, we can detect undervalued stocks with similar characteristics as Roundhill Daily or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Roundhill Daily's fundamental indicators could also be used in its relative valuation, which is a method of valuing Roundhill Daily by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Roundhill Daily to competition |
| Fundamentals | Roundhill Daily | Peer Average |
| One Year Return | 23.20 % | (0.97) % |
Roundhill Daily 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.
| Accumulation Distribution | 229.14 | |||
| Daily Balance Of Power | 0.6418 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 60.37 | |||
| Day Typical Price | 60.48 | |||
| Price Action Indicator | 0.55 | |||
| Period Momentum Indicator | 0.43 |
About Roundhill Daily Buy or Sell Advice
When is the right time to buy or sell Roundhill Daily 2X? 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 Daily 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 Disruptive Technologies Thematic Idea Now
Disruptive Technologies
New or established technology companies and funds across multiple sectors that are involved in development or marketing of products or services that experience disruptive trends and that are at the forefront of discussions on Wall Street. The Disruptive Technologies theme has 36 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 Disruptive Technologies Theme or any other thematic opportunities.
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Check out Roundhill Daily 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Roundhill Daily 2X 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 Daily's value that differs from its market value or its book value, called intrinsic value, which is Roundhill Daily'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 Daily's market value can be influenced by many factors that don't directly affect Roundhill Daily'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 Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Daily'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.