Roundhill Meta Weeklypay Etf Market Value
| METW Etf | 49.29 0.27 0.55% |
| Symbol | Roundhill |
Roundhill Meta '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 Meta'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 Meta.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Roundhill Meta on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Roundhill Meta Weeklypay or generate 0.0% return on investment in Roundhill Meta over 90 days.
Roundhill Meta 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 Meta'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 Meta Weeklypay upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.67 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 5.91 | |||
| Value At Risk | (2.32) | |||
| Potential Upside | 2.79 |
Roundhill Meta Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roundhill Meta's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Roundhill Meta's standard deviation. In reality, there are many statistical measures that can use Roundhill Meta historical prices to predict the future Roundhill Meta's volatility.| Risk Adjusted Performance | 0.0226 | |||
| Jensen Alpha | 0.0027 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.1489 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Roundhill Meta'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 Meta Weeklypay Backtested Returns
At this stage we consider Roundhill Etf to be very steady. Roundhill Meta Weeklypay maintains Sharpe Ratio (i.e., Efficiency) of 0.0192, which implies the entity had a 0.0192 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Roundhill Meta Weeklypay, which you can use to evaluate the volatility of the etf. Please check Roundhill Meta's Coefficient Of Variation of 5103.45, risk adjusted performance of 0.0226, and Semi Deviation of 1.57 to confirm if the risk estimate we provide is consistent with the expected return of 0.0308%. The etf holds a Beta of 0.15, which implies not very significant fluctuations relative to the market. As returns on the market increase, Roundhill Meta's returns are expected to increase less than the market. However, during the bear market, the loss of holding Roundhill Meta is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
Roundhill Meta Weeklypay has no correlation between past and present. Overlapping area represents the amount of predictability between Roundhill Meta time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 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 Meta Weeklypay price movement. The serial correlation of 0.0 indicates that just 0.0% of current Roundhill Meta price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Roundhill Meta Weeklypay lagged returns against current returns
Autocorrelation, which is Roundhill Meta 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 Meta's etf expected returns. We can calculate the autocorrelation of Roundhill Meta returns to help us make a trade decision. For example, suppose you find that Roundhill Meta 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 Meta 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 Meta etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Roundhill Meta etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Roundhill Meta etf over time.
Current vs Lagged Prices |
| Timeline |
Roundhill Meta Lagged Returns
When evaluating Roundhill Meta's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Roundhill Meta etf have on its future price. Roundhill Meta 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 Meta autocorrelation shows the relationship between Roundhill Meta etf current value and its past values and can show if there is a momentum factor associated with investing in Roundhill Meta Weeklypay.
Regressed Prices |
| Timeline |