Roundhill Etf Trust Etf Analysis
| TSLW Etf | 34.26 0.45 1.30% |
Roundhill ETF Trust is overvalued with Real Value of 31.26 and Hype Value of 34.08. The main objective of Roundhill ETF etf analysis is to determine its intrinsic value, which is an estimate of what Roundhill ETF Trust is worth, separate from its market price. There are two main types of Roundhill Etf analysis: fundamental analysis and technical analysis.
The Roundhill ETF etf is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
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Roundhill Etf Analysis Notes
Roundhill ETF is is formed as Regulated Investment Company in the United States. ETF is managed and operated by U.S. Bancorp Fund Services, LLC. The fund has 5 constituents across multiple sectors and instustries. The fund charges 0.99 percent management fee with a total expences of 0.99 percent of total asset. It is possible that Roundhill ETF Trust etf was renamed or delisted.Roundhill ETF Trust Investment Alerts
| Roundhill ETF Trust appears to be risky and price may revert if volatility continues | |
| Roundhill ETF Trust was previously known as TSLA WeeklyPay ETF and was traded on AMEX Exchange under the symbol TSW. |
Roundhill ETF Thematic Classifications
In addition to having Roundhill ETF etf in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
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| Single Stock ETFsUSA ETFs from Single Stock clasification |
Technical Drivers
As of the 21st of July, Roundhill ETF holds the Risk Adjusted Performance of 0.144, semi deviation of 4.13, and Coefficient Of Variation of 684.9. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Roundhill ETF, as well as the relationship between them. Please check Roundhill ETF Trust jensen alpha and semi variance to decide if Roundhill ETF Trust is priced some-what accurately, providing market reflects its current price of 34.26 per share.Roundhill ETF Trust Price Movement Analysis
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Simple Moving Average indicator is calculated by adding the closing price of Roundhill ETF for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Roundhill ETF Trust short-term fluctuations and highlight longer-term trends or cycles.
Roundhill ETF Predictive Daily Indicators
Roundhill ETF intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Roundhill ETF etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 2385.38 | |||
| Daily Balance Of Power | (0.47) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 34.48 | |||
| Day Typical Price | 34.4 | |||
| Price Action Indicator | (0.44) | |||
| Period Momentum Indicator | (0.45) |
Roundhill ETF Forecast Models
Roundhill ETF's time-series forecasting models are one of many Roundhill ETF's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Roundhill ETF's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding Roundhill ETF to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 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 bureau of economic analysis. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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.