Roundhill China Dragons Etf Price History
DRAG Etf | USD 21.09 0.19 0.89% |
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 China stands at 21.09, as last reported on the 4th of December, with the highest price reaching 21.39 and the lowest price hitting 21.09 during the day. Roundhill China Dragons maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the entity had a -0.14% return per unit of risk over the last 3 months. Roundhill China Dragons exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Roundhill China's Risk Adjusted Performance of (0.10), coefficient of variation of (683.71), and Variance of 6.57 to confirm the risk estimate we provide.
Roundhill Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Roundhill |
Sharpe Ratio = -0.1446
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Negative Returns | DRAG |
Estimated Market Risk
2.53 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Roundhill China is not performing at its full potential. However, 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 China by adding Roundhill China to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Roundhill China Etf Price History Chart
There are several ways to analyze Roundhill China Dragons Etf price data. The simplest method is using a basic Roundhill candlestick price chart, which shows Roundhill China price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | October 7, 2024 | 26.43 |
Lowest Price | November 26, 2024 | 20.64 |
Roundhill China December 4, 2024 Etf Price Synopsis
Various analyses of Roundhill China's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Roundhill Etf. It can be used to describe the percentage change in the price of Roundhill China from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Roundhill Etf.Roundhill China Price Action Indicator | (0.25) | |
Roundhill China Price Rate Of Daily Change | 0.99 | |
Roundhill China Price Daily Balance Of Power | (0.63) |
Roundhill China December 4, 2024 Etf Price Analysis
Roundhill Etf Price History Data
The price series of Roundhill China for the period between Thu, Sep 5, 2024 and Wed, Dec 4, 2024 has a statistical range of 5.79 with a coefficient of variation of 5.79. Under current investment horizon, the daily prices are spread out with arithmetic mean of 22.34. The median price for the last 90 days is 22.21.Open | High | Low | Close | Volume | ||
12/04/2024 | 21.20 | 21.39 | 21.09 | 21.09 | ||
12/03/2024 | 21.20 | 21.39 | 21.09 | 21.09 | 21,679 | |
12/02/2024 | 21.16 | 21.33 | 21.10 | 21.28 | 31,600 | |
11/29/2024 | 21.16 | 21.16 | 20.71 | 21.03 | 25,731 | |
11/27/2024 | 21.25 | 21.30 | 21.14 | 21.22 | 28,264 | |
11/26/2024 | 20.80 | 20.80 | 20.51 | 20.64 | 38,000 | |
11/25/2024 | 20.30 | 20.80 | 20.30 | 20.76 | 53,023 | |
11/22/2024 | 20.73 | 20.85 | 20.68 | 20.77 | 51,150 | |
11/21/2024 | 21.28 | 21.29 | 21.13 | 21.13 | 37,078 | |
11/20/2024 | 21.64 | 21.64 | 21.39 | 21.54 | 27,300 | |
11/19/2024 | 21.65 | 21.65 | 21.40 | 21.54 | 35,183 | |
11/18/2024 | 21.55 | 21.82 | 21.55 | 21.80 | 29,955 | |
11/15/2024 | 21.20 | 21.33 | 21.11 | 21.15 | 53,200 | |
11/14/2024 | 21.17 | 21.27 | 20.99 | 21.06 | 86,900 | |
11/13/2024 | 21.58 | 21.60 | 21.26 | 21.30 | 53,900 | |
11/12/2024 | 21.64 | 21.64 | 21.20 | 21.43 | 109,633 | |
11/11/2024 | 22.20 | 22.23 | 22.03 | 22.17 | 154,065 | |
11/08/2024 | 22.48 | 22.52 | 21.89 | 22.02 | 102,200 | |
11/07/2024 | 22.90 | 23.44 | 22.90 | 23.20 | 90,930 | |
11/06/2024 | 22.00 | 22.38 | 21.88 | 22.25 | 260,100 | |
11/05/2024 | 22.98 | 23.06 | 22.80 | 22.83 | 39,860 | |
11/04/2024 | 22.60 | 22.75 | 22.42 | 22.48 | 22,500 | |
11/01/2024 | 22.64 | 22.64 | 22.32 | 22.32 | 58,270 | |
10/31/2024 | 22.43 | 22.43 | 22.06 | 22.36 | 34,715 | |
10/30/2024 | 22.24 | 22.58 | 22.20 | 22.43 | 60,324 | |
10/29/2024 | 23.00 | 23.02 | 22.75 | 22.77 | 33,775 | |
10/28/2024 | 22.43 | 22.91 | 22.42 | 22.74 | 79,478 | |
10/25/2024 | 22.30 | 22.57 | 22.30 | 22.30 | 62,606 | |
10/24/2024 | 22.23 | 22.24 | 22.00 | 22.10 | 53,310 | |
10/23/2024 | 22.88 | 22.88 | 22.26 | 22.37 | 80,060 | |
10/22/2024 | 22.18 | 22.75 | 22.18 | 22.47 | 54,969 | |
10/21/2024 | 22.05 | 22.38 | 22.05 | 22.21 | 89,600 | |
10/18/2024 | 22.80 | 22.91 | 22.44 | 22.50 | 135,946 | |
10/17/2024 | 21.75 | 21.75 | 21.48 | 21.54 | 148,100 | |
10/16/2024 | 21.97 | 22.37 | 21.97 | 22.06 | 74,605 | |
10/15/2024 | 22.47 | 22.47 | 21.78 | 21.79 | 401,500 | |
10/14/2024 | 23.50 | 23.71 | 23.12 | 23.19 | 409,825 | |
10/11/2024 | 23.35 | 24.12 | 23.35 | 24.06 | 250,100 | |
10/10/2024 | 23.82 | 24.10 | 23.42 | 23.91 | 432,900 | |
10/09/2024 | 23.18 | 23.92 | 23.18 | 23.66 | 374,551 | |
10/08/2024 | 24.10 | 24.39 | 23.73 | 24.06 | 855,800 | |
10/07/2024 | 26.32 | 26.43 | 25.50 | 26.43 | 2,711,400 | |
10/04/2024 | 25.97 | 25.98 | 25.31 | 25.63 | 1,620,100 | |
10/03/2024 | 24.99 | 25.34 | 24.83 | 25.14 | 174,900 |
About Roundhill China Etf history
Roundhill China 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 China Dragons 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 China stock prices may prove useful in developing a viable investing in Roundhill China
Roundhill China Etf Technical Analysis
Roundhill China 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.
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Roundhill China Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Roundhill China'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 | (0.10) | |||
Jensen Alpha | (0.36) | |||
Total Risk Alpha | (0.73) | |||
Treynor Ratio | 1.61 |
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Overlap Studies | ||
Pattern Recognition | ||
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Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Roundhill China Dragons. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of Roundhill China Dragons 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 China's value that differs from its market value or its book value, called intrinsic value, which is Roundhill China'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 China's market value can be influenced by many factors that don't directly affect Roundhill China'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 China's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill China'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.