Roundhill Sports Financial Statements From 2010 to 2024
| BETZ Etf | USD 20.39 0.01 0.05% |
Check Roundhill Sports financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Roundhill Sports' main balance sheet or income statement drivers, such as , as well as many indicators such as . Roundhill financial statements analysis is a perfect complement when working with Roundhill Sports Valuation or Volatility modules.
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Roundhill Sports Betting ETF Beta Analysis
Roundhill Sports' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Roundhill Sports Beta | 1.45 |
Most of Roundhill Sports' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Roundhill Sports Betting is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Roundhill Sports Betting has a Beta of 1.45. This is much higher than that of the Roundhill Investments family and significantly higher than that of the Consumer Cyclical category. The beta for all United States etfs is notably lower than that of the firm.
About Roundhill Sports Financial Statements
Roundhill Sports investors use historical fundamental indicators, such as Roundhill Sports' revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Roundhill Sports. Please read more on our technical analysis and fundamental analysis pages.
Under normal circumstances, at least 80 percent of the funds net assets will be invested in securities issued by Sports Betting and iGaming Companies. Roundhill Sports is traded on NYSEARCA Exchange in the United States.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Roundhill Sports Betting offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Roundhill Sports' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Roundhill Sports Betting Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Roundhill Sports Betting Etf:Check out the analysis of Roundhill Sports Correlation against competitors. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of Roundhill Sports Betting 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 Sports' value that differs from its market value or its book value, called intrinsic value, which is Roundhill Sports' 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 Sports' market value can be influenced by many factors that don't directly affect Roundhill Sports' 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 Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Sports' 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.