Roundhill Video Games Etf Performance
| NERD Etf | USD 19.89 0.23 1.17% |
The etf holds a Beta of 0.42, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Roundhill Video's returns are expected to increase less than the market. However, during the bear market, the loss of holding Roundhill Video is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Roundhill Video Games are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of rather uncertain basic indicators, Roundhill Video exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
| In Threey Sharp Ratio | -0.65 |
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Roundhill Video Relative Risk vs. Return Landscape
If you would invest 1,713 in Roundhill Video Games on August 26, 2024 and sell it today you would earn a total of 276.00 from holding Roundhill Video Games or generate 16.11% return on investment over 90 days. Roundhill Video Games is currently generating 0.2372% in daily expected returns and assumes 1.2105% risk (volatility on return distribution) over the 90 days horizon. In different words, 10% 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 |
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Roundhill Video Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roundhill Video's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Roundhill Video Games, and traders can use it to determine the average amount a Roundhill Video's 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 = 0.1959
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Estimated Market Risk
| 1.21 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Roundhill Video is performing at about 15% 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 Video by adding it to a well-diversified portfolio.
Roundhill Video Fundamentals Growth
Roundhill Etf prices reflect investors' perceptions of the future prospects and financial health of Roundhill Video, and Roundhill Video 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 | 25.96 M | |||
About Roundhill Video Performance
By analyzing Roundhill Video's fundamental ratios, stakeholders can gain valuable insights into Roundhill Video's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Roundhill Video 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 Video has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund uses a passive management approach to seek to track the total return performance, before fees and expenses, of the index. Roundhill Esports is traded on NYSEARCA Exchange in the United States.| The fund created three year return of -9.0% | |
| Roundhill Video Games maintains 99.49% of its assets in stocks |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Roundhill Video Games. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of Roundhill Video Games 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 Video's value that differs from its market value or its book value, called intrinsic value, which is Roundhill Video'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 Video's market value can be influenced by many factors that don't directly affect Roundhill Video'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 Video's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Video is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Video'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.