Roundhill Sports Betting Etf Performance
| BETZ Etf | USD 20.51 0.12 0.59% |
The etf holds a Beta of 0.0514, which implies not very significant fluctuations relative to the market. As returns on the market increase, Roundhill Sports' returns are expected to increase less than the market. However, during the bear market, the loss of holding Roundhill Sports is expected to be smaller as well.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Roundhill Sports Betting are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unsteady basic indicators, Roundhill Sports showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| In Threey Sharp Ratio | -0.57 |
Roundhill |
Roundhill Sports Relative Risk vs. Return Landscape
If you would invest 1,756 in Roundhill Sports Betting on September 2, 2024 and sell it today you would earn a total of 295.00 from holding Roundhill Sports Betting or generate 16.8% return on investment over 90 days. Roundhill Sports Betting is currently generating 0.2478% in daily expected returns and assumes 0.9934% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than Roundhill, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Roundhill Sports Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roundhill Sports' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Roundhill Sports Betting, and traders can use it to determine the average amount a Roundhill Sports' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2494
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Estimated Market Risk
| 0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Roundhill Sports is performing at about 19% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Roundhill Sports by adding it to a well-diversified portfolio.
Roundhill Sports Fundamentals Growth
Roundhill Etf prices reflect investors' perceptions of the future prospects and financial health of Roundhill Sports, and Roundhill Sports fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Roundhill Etf performance.
| Total Asset | 106.37 M | |||
About Roundhill Sports Performance
Evaluating Roundhill Sports' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Roundhill Sports has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Roundhill Sports has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal circumstances, at least 80 percent of the funds net assets will be invested in securities issued by Sports Betting and iGaming Companies. Roundhill Sports is traded on NYSEARCA Exchange in the United States.| The fund created three year return of -6.0% | |
| Roundhill Sports Betting holds 99.31% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Roundhill Sports Betting. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of Roundhill Sports Betting 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 Sports' value that differs from its market value or its book value, called intrinsic value, which is Roundhill Sports' 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 Sports' market value can be influenced by many factors that don't directly affect Roundhill Sports' 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 Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Sports' 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.