Roundhill ETF Financials
| XDTE Etf | 53.06 0.11 0.21% |
Net Expense Ratio 0.0095 |
Roundhill |
The data published in Roundhill ETF's official financial statements typically reflect Roundhill ETF'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 ETF's quantitative information. For example, before you start analyzing numbers published by Roundhill accountants, it's essential to understand Roundhill ETF's liquidity, profitability, and earnings quality within the context of the Large Blend space in which it operates.
Please note, the presentation of Roundhill ETF's 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 ETF's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Roundhill ETF's management manipulating its earnings.
Roundhill ETF Etf Summary
Roundhill ETF competes with Vanguard Total, SPDR SP, IShares Core, Vanguard Dividend, and Vanguard Large. Roundhill ETF is entity of United States. It is traded as Etf on BATS exchange.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| CUSIP | 77926X205 |
| Region | North America |
| Investment Issuer | Roundhill Investments |
| Fund Category | Size and Style |
| Portfolio Concentration | Large Cap |
| Benchmark | Dow Jones Industrial |
Roundhill ETF Trust Systematic Risk
Roundhill ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Roundhill ETF 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 ETF Trust correlated with the market. If Beta is less than 0 Roundhill ETF generally moves in the opposite direction as compared to the market. If Roundhill ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Roundhill ETF Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Roundhill ETF is generally in the same direction as the market. If Beta > 1 Roundhill ETF moves generally in the same direction as, but more than the movement of the benchmark.
About Roundhill ETF Financials
What exactly are Roundhill ETF 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 ETF's income statement, its balance sheet, and the statement of cash flows. Potential Roundhill ETF investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Roundhill ETF investors may use each financial statement separately, they are all related. The changes in Roundhill ETF's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Roundhill ETF'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 ETF Thematic Clasifications
Roundhill ETF Trust is part of several thematic ideas from Size And Style ETFs to Large Cap 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 ETF November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Roundhill ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Roundhill ETF Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of Roundhill ETF Trust 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 ETF's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7898 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.59 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 1.16 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Roundhill ETF Trust. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of Roundhill ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Roundhill ETF'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 ETF's market value can be influenced by many factors that don't directly affect Roundhill ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill ETF'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.