Roundhill Magnificent Financials
| MAGS Etf | USD 51.04 0.06 0.12% |
Net Expense Ratio 0.0029 |
Roundhill |
The data published in Roundhill Magnificent's official financial statements typically reflect Roundhill Magnificent'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 Magnificent's quantitative information. For example, before you start analyzing numbers published by Roundhill accountants, it's essential to understand Roundhill Magnificent's liquidity, profitability, and earnings quality within the context of the Industrials space in which it operates.
Please note, the imprecision that can be found in Roundhill Magnificent's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Roundhill Magnificent Seven. Check Roundhill Magnificent's Beneish M Score to see the likelihood of Roundhill Magnificent's management manipulating its earnings.
Roundhill Magnificent Etf Summary
Roundhill Magnificent competes with FT Cboe, Bitwise Funds, FT Vest, Zillow Group, and Northern Lights. Magal Security Systems Ltd. develops, manufactures, markets, and sells perimeter intrusion detection sensors, physical barriers, video analytics and management systems, cyber security products and systems, and security video observation and surveillance systems. The company was founded in 1965 and is headquartered in Yehud, Israel. Magal Security operates under Security Protection Services classification in the United States and is traded on NASDAQ Exchange. It employs 4 people.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| CUSIP | 53656G498 |
| Region | North America |
| Investment Issuer | Roundhill Investments |
| Location | Wisconsin; U.S.A |
| Business Address | 17 Altalef Street |
| Etf Family | Industrials |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Website | www.magalsecurity.com |
| Phone | 972 3 539 1444 |
| Currency | USD - US Dollar |
Roundhill Magnificent Key Financial Ratios
Roundhill Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Roundhill Magnificent's current stock value. Our valuation model uses many indicators to compare Roundhill Magnificent value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Roundhill Magnificent competition to find correlations between indicators driving Roundhill Magnificent's intrinsic value. More Info.Roundhill Magnificent Seven is rated number one ETF in price to earning as compared to similar ETFs. It also is rated number one ETF in price to book as compared to similar ETFs . The ratio of Price To Earning to Price To Book for Roundhill Magnificent Seven is about 357.94 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Roundhill Magnificent 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 Magnificent Systematic Risk
Roundhill Magnificent's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Roundhill Magnificent 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Roundhill Magnificent correlated with the market. If Beta is less than 0 Roundhill Magnificent generally moves in the opposite direction as compared to the market. If Roundhill Magnificent Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Roundhill Magnificent is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Roundhill Magnificent is generally in the same direction as the market. If Beta > 1 Roundhill Magnificent 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 Magnificent 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 Magnificent's financials are consistent with your investment objective using the following steps:- Review Roundhill Magnificent'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 Magnificent'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 Magnificent'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 Magnificent's stock is overvalued or undervalued.
Roundhill Magnificent Thematic Clasifications
Roundhill Magnificent Seven is part of several thematic ideas from Israel Wall Street to Theme ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasRoundhill Magnificent November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Roundhill Magnificent help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Roundhill Magnificent Seven. We use our internally-developed statistical techniques to arrive at the intrinsic value of Roundhill Magnificent Seven 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 Magnificent's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.6 | |||
| Information Ratio | 0.0559 | |||
| Maximum Drawdown | 7.56 | |||
| Value At Risk | (2.25) | |||
| Potential Upside | 2.48 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Roundhill Magnificent Seven. 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
The market value of Roundhill Magnificent 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 Magnificent's value that differs from its market value or its book value, called intrinsic value, which is Roundhill Magnificent'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 Magnificent's market value can be influenced by many factors that don't directly affect Roundhill Magnificent'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 Magnificent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Magnificent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Magnificent'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.