Roundhill Acquirers Financial Statements From 2010 to 2024
| DVP Etf | USD 37.02 0.02 0.05% |
Check Roundhill Acquirers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Roundhill Acquirers' 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 Acquirers Valuation or Volatility modules.
Roundhill |
Roundhill Acquirers Deep ETF Beta Analysis
Roundhill Acquirers' 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 Acquirers Beta | 1.35 |
Most of Roundhill Acquirers' 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 Acquirers Deep 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 Acquirers Deep has a Beta of 1.35. This is much higher than that of the TWM FUNDS family and significantly higher than that of the Small Value category. The beta for all United States etfs is notably lower than that of the firm.
Roundhill Acquirers Deep Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Roundhill Acquirers's current stock value. Our valuation model uses many indicators to compare Roundhill Acquirers value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Roundhill Acquirers competition to find correlations between indicators driving Roundhill Acquirers's intrinsic value. More Info.Roundhill Acquirers Deep is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Roundhill Acquirers Deep is roughly 9.61 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Roundhill Acquirers by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Roundhill Acquirers Financial Statements
Roundhill Acquirers shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Roundhill Acquirers investors may analyze each financial statement separately, they are all interrelated. The changes in Roundhill Acquirers' assets and liabilities, for example, are also reflected in the revenues and expenses on on Roundhill Acquirers' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The investment seeks to track the performance, before fees and expenses, of the Acquirers Deep Value Index . Deep Value is traded on PCX Exchange in the United States.
Pair Trading with Roundhill Acquirers
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Roundhill Acquirers position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Roundhill Acquirers will appreciate offsetting losses from the drop in the long position's value.Moving together with Roundhill Etf
| 0.85 | VBR | Vanguard Small Cap | PairCorr |
| 0.92 | IWN | iShares Russell 2000 | PairCorr |
| 0.9 | DFAT | Dimensional Targeted | PairCorr |
| 0.9 | IJS | iShares SP Small | PairCorr |
| 0.91 | SLYV | SPDR SP 600 | PairCorr |
Moving against Roundhill Etf
| 0.35 | EFA | iShares MSCI EAFE Aggressive Push | PairCorr |
The ability to find closely correlated positions to Roundhill Acquirers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Roundhill Acquirers when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Roundhill Acquirers - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Roundhill Acquirers Deep to buy it.
The correlation of Roundhill Acquirers is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Roundhill Acquirers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Roundhill Acquirers Deep moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Roundhill Acquirers can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Roundhill Acquirers Correlation against competitors. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of Roundhill Acquirers Deep 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 Acquirers' value that differs from its market value or its book value, called intrinsic value, which is Roundhill Acquirers' 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 Acquirers' market value can be influenced by many factors that don't directly affect Roundhill Acquirers' 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 Acquirers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Acquirers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Acquirers' 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.