Roundhill Ball Metaverse Etf Price on December 3, 2024
| METV Etf | USD 14.80 0.09 0.61% |
If you're considering investing in Roundhill Etf, it is important to understand the factors that can impact its price. As of today, the current price of Roundhill Ball stands at 14.80, as last reported on the 4th of December, with the highest price reaching 14.81 and the lowest price hitting 14.63 during the day. Roundhill Ball appears to be very steady, given 3 months investment horizon. Roundhill Ball Metaverse maintains Sharpe Ratio (i.e., Efficiency) of 0.25, which implies the entity had a 0.25% return per unit of risk over the last 3 months. We have found thirty technical indicators for Roundhill Ball Metaverse, which you can use to evaluate the volatility of the etf. Please evaluate Roundhill Ball's Coefficient Of Variation of 538.98, risk adjusted performance of 0.145, and Semi Deviation of 0.9056 to confirm if our risk estimates are consistent with your expectations.
Roundhill Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Roundhill |
Sharpe Ratio = 0.2458
| Best Portfolio | Best Equity | |||
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| Small Returns | METV | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Roundhill Ball is performing at about 19% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Roundhill Ball by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 196 K |
Roundhill Ball Main Headline on 3rd of December 2024
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Roundhill Ball Valuation on December 3, 2024
It is possible to determine the worth of Roundhill Ball on a given historical date. On December 3, 2024 Roundhill was worth 14.66 at the beginning of the trading date compared to the closed value of 14.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Roundhill Ball etf. Still, in general, we apply an absolute valuation method to find Roundhill Ball's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Roundhill Ball where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Roundhill Ball's related companies.
| Open | High | Low | Close | Volume | |
| 14.53 | 14.75 | 14.53 | 14.71 | 256,194 | |
12/03/2024 | 14.66 | 14.81 | 14.63 | 14.80 | 108,693 |
| 14.66 | 14.81 | 14.63 | 14.80 | 0.00 |
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Roundhill Ball Trading Date Momentum on December 3, 2024
| On December 04 2024 Roundhill Ball Metaverse was traded for 14.80 at the closing time. The top price for the day was 14.81 and the lowest listed price was 14.63 . There was no trading activity during the period 0.0. Lack of trading volume on December 4, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.95% . |
Roundhill Ball Metaverse Fundamentals Correlations and Trends
By evaluating Roundhill Ball's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Roundhill Ball's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Roundhill financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Roundhill Ball Etf history
Roundhill Ball investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Roundhill is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Roundhill Ball Metaverse will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Roundhill Ball stock prices may prove useful in developing a viable investing in Roundhill Ball
The index seeks to track the performance of globally-listed equity securities of companies that engage in activities or provide products, services, technologies, or technological capabilities to enable the Metaverse, and benefit from its generated revenues. Roundhill Ball is traded on NYSEARCA Exchange in the United States.
Roundhill Ball Etf Technical Analysis
Roundhill Ball 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.
Price Boundaries
Roundhill Ball Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Roundhill Ball Metaverse cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Roundhill Ball December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Roundhill Ball 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 Ball shares will generate the highest return on investment. By undertsting and applying Roundhill Ball etf market strength indicators, traders can identify Roundhill Ball Metaverse entry and exit signals to maximize returns
Roundhill Ball Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Roundhill Ball's price direction in advance. Along with the technical and fundamental analysis of Roundhill Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Roundhill to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.145 | |||
| Jensen Alpha | 0.1087 | |||
| Total Risk Alpha | 0.0484 | |||
| Sortino Ratio | 0.0912 | |||
| Treynor Ratio | 0.2185 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Roundhill Ball Metaverse. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of Roundhill Ball Metaverse 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 Ball's value that differs from its market value or its book value, called intrinsic value, which is Roundhill Ball'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 Ball's market value can be influenced by many factors that don't directly affect Roundhill Ball'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 Ball's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Ball is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Ball'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.