Roundhill BIG Financials
| BIGT Etf | 51.00 0.45 0.87% |
Net Expense Ratio 0.0029 |
Roundhill |
The data published in Roundhill BIG's official financial statements typically reflect Roundhill BIG's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Roundhill BIG's quantitative information. For example, before you start analyzing numbers published by Roundhill accountants, it's essential to understand Roundhill BIG's liquidity, profitability, and earnings quality within the context of the Roundhill space in which it operates.
Please note, the imprecision that can be found in Roundhill BIG's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Roundhill BIG Tech. Check Roundhill BIG's Beneish M Score to see the likelihood of Roundhill BIG's management manipulating its earnings.
Roundhill BIG Etf Summary
Roundhill BIG competes with Roundhill Acquirers, FT Vest, Zillow Group, and Northern Lights. Roundhill BIG is entity of United States. It is traded as Etf on NASDAQ exchange.Roundhill BIG Tech Systematic Risk
Roundhill BIG's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Roundhill BIG volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Roundhill BIG Tech correlated with the market. If Beta is less than 0 Roundhill BIG generally moves in the opposite direction as compared to the market. If Roundhill BIG Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Roundhill BIG Tech is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Roundhill BIG is generally in the same direction as the market. If Beta > 1 Roundhill BIG moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Roundhill BIG is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Roundhill has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Roundhill BIG's financials are consistent with your investment objective using the following steps:- Review Roundhill BIG's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Roundhill BIG's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Roundhill BIG's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Roundhill BIG's stock is overvalued or undervalued.
Roundhill BIG November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Roundhill BIG help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Roundhill BIG Tech. We use our internally-developed statistical techniques to arrive at the intrinsic value of Roundhill BIG Tech based on widely used predictive technical indicators. In general, we focus on analyzing Roundhill Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Roundhill BIG's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.59 | |||
| Information Ratio | 0.0492 | |||
| Maximum Drawdown | 7.56 | |||
| Value At Risk | (2.25) | |||
| Potential Upside | 2.48 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Roundhill BIG Tech. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. 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 BIG Tech 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 BIG's value that differs from its market value or its book value, called intrinsic value, which is Roundhill BIG'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 BIG's market value can be influenced by many factors that don't directly affect Roundhill BIG'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 BIG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill BIG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill BIG'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.