Roundhill Acquirers Competition
| DEEP Etf | USD 37.97 0.00 0.00% |
Roundhill Acquirers vs VanEck Gaming Correlation
Good diversification
The correlation between Roundhill Acquirers Deep and BJK is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Roundhill Acquirers Deep and BJK in the same portfolio, assuming nothing else is changed.
Moving together with Roundhill Etf
| 0.98 | VBR | Vanguard Small Cap | PairCorr |
| 0.96 | IWN | iShares Russell 2000 | PairCorr |
| 0.98 | DFAT | Dimensional Targeted | PairCorr |
| 0.99 | IJS | iShares SP Small | PairCorr |
| 0.95 | SLYV | SPDR SP 600 | PairCorr |
Moving against Roundhill Etf
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Roundhill Acquirers' 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 Acquirers Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Roundhill Acquirers and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Roundhill and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Roundhill Acquirers Deep does not affect the price movement of the other competitor.
High positive correlations
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Roundhill Acquirers Constituents Risk-Adjusted Indicators
There is a big difference between Roundhill Etf performing well and Roundhill Acquirers ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Roundhill Acquirers' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| XIDV | 0.48 | 0.15 | 0.19 | 1.06 | 0.29 | 1.19 | 2.26 | |||
| OVF | 0.69 | 0.12 | 0.08 | 0.99 | 0.82 | 1.55 | 4.06 | |||
| EDOG | 0.53 | 0.15 | 0.19 | 0.56 | 0.33 | 1.31 | 3.62 | |||
| HSMV | 0.48 | 0.01 | (0.06) | 0.13 | 0.50 | 1.03 | 2.51 | |||
| OASC | 0.76 | 0.01 | 0.02 | 0.07 | 0.86 | 1.79 | 4.02 | |||
| LITP | 2.62 | 0.62 | 0.19 | 0.87 | 2.65 | 5.82 | 14.29 | |||
| IFEB | 0.17 | 0.03 | (0.06) | 0.42 | 0.11 | 0.47 | 1.22 | |||
| RNRG | 0.66 | 0.15 | 0.11 | (35.82) | 0.65 | 1.50 | 4.06 | |||
| JMID | 0.70 | (0.09) | 0.00 | (0.04) | 0.00 | 1.33 | 3.46 | |||
| BJK | 0.71 | (0.17) | 0.00 | (0.17) | 0.00 | 1.54 | 5.12 |
Roundhill Acquirers Competitive Analysis
The better you understand Roundhill Acquirers competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Roundhill Acquirers' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Roundhill Acquirers' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Roundhill Acquirers Competition Performance Charts
Five steps to successful analysis of Roundhill Acquirers Competition
Roundhill Acquirers' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Roundhill Acquirers Deep in relation to its competition. Roundhill Acquirers' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Roundhill Acquirers in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Roundhill Acquirers' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Roundhill Acquirers Deep, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Roundhill Acquirers position
In addition to having Roundhill Acquirers 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?
Run Farming Thematic Idea Now
Farming
Companies producing farming products and providing services for farmers. The Farming theme has 27 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 Farming Theme or any other thematic opportunities.
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Check out Roundhill Acquirers Correlation with its peers.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Investors evaluate Roundhill Acquirers Deep using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Roundhill Acquirers' intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Roundhill Acquirers' market price to deviate significantly from intrinsic value.
It's important to distinguish between Roundhill Acquirers' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Roundhill Acquirers should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Roundhill Acquirers' market price signifies the transaction level at which participants voluntarily complete trades.