Roundhill Big Tech Etf One Year Return
| BIGT Etf | 51.00 0.45 0.87% |
Roundhill BIG Tech fundamentals help investors to digest information that contributes to Roundhill BIG's financial success or failures. It also enables traders to predict the movement of Roundhill Etf. The fundamental analysis module provides a way to measure Roundhill BIG's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Roundhill BIG etf.
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Roundhill BIG Tech ETF One Year Return Analysis
Roundhill BIG's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Based on the recorded statements, Roundhill BIG Tech has an One Year Return of 0.0%. This indicator is about the same for the average (which is currently at 0.0) family and about the same as One Year Return (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Roundhill One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Roundhill BIG's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Roundhill BIG could also be used in its relative valuation, which is a method of valuing Roundhill BIG by comparing valuation metrics of similar companies.Roundhill BIG is currently under evaluation in one year return as compared to similar ETFs.
About Roundhill BIG Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Roundhill BIG Tech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Roundhill BIG using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Roundhill BIG Tech based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Roundhill BIG Performance and Roundhill BIG Technical Analysis analysis. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of Roundhill BIG Tech 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 BIG's value that differs from its market value or its book value, called intrinsic value, which is Roundhill BIG'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 BIG's market value can be influenced by many factors that don't directly affect Roundhill BIG'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 BIG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill BIG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill BIG'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.