Roundhill Investments Financials
| BYTE Etf | USD 9.76 0.08 0.83% |
Roundhill |
The data published in Roundhill Investments' official financial statements typically reflect Roundhill Investments' 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 Investments' quantitative information. For example, before you start analyzing numbers published by Roundhill accountants, it's essential to understand Roundhill Investments' liquidity, profitability, and earnings quality within the context of the Roundhill Investments space in which it operates.
Please note, the presentation of Roundhill Investments' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Roundhill Investments' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Roundhill Investments' management manipulating its earnings.
Roundhill Investments Etf Summary
Roundhill Investments competes with Grayscale Bitcoin, Siren Nasdaq, Grayscale Bitcoin, and First Trust. The index tracks the performance of digital infrastructure companies. Roundhill is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Roundhill Investments |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Roundhill Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Roundhill Investments's current stock value. Our valuation model uses many indicators to compare Roundhill Investments value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Roundhill Investments competition to find correlations between indicators driving Roundhill Investments's intrinsic value. More Info.Roundhill Investments is fifth largest ETF in one year return as compared to similar ETFs. It also is fifth largest ETF in net asset as compared to similar ETFs making up about 1,113,333 of Net Asset per One Year Return. Comparative valuation analysis is a catch-all technique that is used if you cannot value Roundhill Investments 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.Roundhill Investments Market Pulse
| Quote | 9.76 |
| Change(%) | 0.83 |
| Change | 0.08 |
| Open | 9.68 |
| Low | 9.68 |
| High | 9.78 |
| Volume | 0 |
| Exchange | NASDAQ |
About Roundhill Investments Financials
What exactly are Roundhill Investments Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Roundhill Investments' income statement, its balance sheet, and the statement of cash flows. Potential Roundhill Investments investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Roundhill Investments investors may use each financial statement separately, they are all related. The changes in Roundhill Investments's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Roundhill Investments's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Roundhill Investments November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Roundhill Investments help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Roundhill Investments. We use our internally-developed statistical techniques to arrive at the intrinsic value of Roundhill Investments 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 Investments's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.28 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 6.56 | |||
| Value At Risk | (2.05) | |||
| Potential Upside | 2.33 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of Roundhill Investments 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 Investments' value that differs from its market value or its book value, called intrinsic value, which is Roundhill Investments' 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 Investments' market value can be influenced by many factors that don't directly affect Roundhill Investments' 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 Investments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Investments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Investments' 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.