Roundhill Video Games Etf Buy Hold or Sell Recommendation
| NERD Etf | USD 14.47 0.06 0.41% |
Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding Roundhill Video Games is 'Strong Buy'. Macroaxis provides Roundhill Video buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NERD positions. The advice algorithm takes into account all of Roundhill Video's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Roundhill Video's buy or sell advice are summarized below:
Real Value 14.68 | Hype Value 14.47 | Market Value 14.47 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Roundhill Video Games given historical horizon and risk tolerance towards Roundhill Video. When Macroaxis issues a 'buy' or 'sell' recommendation for Roundhill Video Games, the advice is generated through an automated system that utilizes algorithms and statistical models.
Roundhill |
Execute Roundhill Video 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 Video Games. Macroaxis does not own or have any residual interests in Roundhill Video Games or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Roundhill Video's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details |
Roundhill Video Trading Alerts and Improvement Suggestions
| Roundhill Video generated a negative expected return over the last 90 days | |
| The fund created three year return of -23.0% | |
| Roundhill Video Games maintains 99.49% of its assets in stocks |
Roundhill Video Returns Distribution Density
The distribution of Roundhill Video's historical returns is an attempt to chart the uncertainty of Roundhill Video's future price movements. The chart of the probability distribution of Roundhill Video daily returns describes the distribution of returns around its average expected value. We use Roundhill Video Games price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Roundhill Video returns is essential to provide solid investment advice for Roundhill Video.
| Mean Return | -0.08 | Value At Risk | -2.15 | Potential Upside | 1.34 | Standard Deviation | 1.05 |
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 Video 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 Video 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 Video or Roundhill Investments 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 Video'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 NYSE Composite | -0.17 | |
β | Beta against NYSE Composite | 1.13 | |
σ | Overall volatility | 1.05 | |
Ir | Information ratio | -0.16 |
Roundhill Video Volatility Alert
Roundhill Video Games exhibits very low volatility with skewness of -0.12 and kurtosis of 0.45. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Roundhill Video'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 Video'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 Video Fundamentals Vs Peers
Comparing Roundhill Video'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 Video's direct or indirect competition across all of the common fundamentals between Roundhill Video and the related equities. This way, we can detect undervalued stocks with similar characteristics as Roundhill Video or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Roundhill Video's fundamental indicators could also be used in its relative valuation, which is a method of valuing Roundhill Video by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Roundhill Video to competition |
| Fundamentals | Roundhill Video | Peer Average |
| Beta | 1.06 | |
| One Year Return | (4.20) % | (0.97) % |
| Three Year Return | (23.20) % | 3.23 % |
| Net Asset | 25.96 M | 2.29 B |
| Last Dividend Paid | 0.05 | 0.14 |
| Equity Positions Weight | 99.49 % | 52.82 % |
Roundhill Video 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.
About Roundhill Video Buy or Sell Advice
When is the right time to buy or sell Roundhill Video Games? 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 Video 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?
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Companies that develop and distribute software and software systems to individuals or business. The Software theme has 43 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 Software Theme or any other thematic opportunities.
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Check out Roundhill Video 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of Roundhill Video Games 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 Video's value that differs from its market value or its book value, called intrinsic value, which is Roundhill Video'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 Video's market value can be influenced by many factors that don't directly affect Roundhill Video'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 Video's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Video is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Video'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.