Roundhill Acquirers Deep Etf Performance
| DEEP Etf | USD 37.04 0.26 0.71% |
The etf holds a Beta of 1.29, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Roundhill Acquirers will likely underperform.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Roundhill Acquirers Deep are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable technical and fundamental indicators, Roundhill Acquirers is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more
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| In Threey Sharp Ratio | -0.08 |
Roundhill |
Roundhill Acquirers Relative Risk vs. Return Landscape
If you would invest 3,612 in Roundhill Acquirers Deep on August 29, 2024 and sell it today you would earn a total of 92.00 from holding Roundhill Acquirers Deep or generate 2.55% return on investment over 90 days. Roundhill Acquirers Deep is currently generating 0.0472% in daily expected returns and assumes 1.2705% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% of etfs are less volatile than Roundhill, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Roundhill Acquirers Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roundhill Acquirers' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Roundhill Acquirers Deep, and traders can use it to determine the average amount a Roundhill Acquirers' 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 = 0.0371
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DEEP |
Estimated Market Risk
| 1.27 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Roundhill Acquirers is performing at about 2% 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 Acquirers by adding it to a well-diversified portfolio.
Roundhill Acquirers Fundamentals Growth
Roundhill Etf prices reflect investors' perceptions of the future prospects and financial health of Roundhill Acquirers, and Roundhill Acquirers 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 | 37.47 M | |||
About Roundhill Acquirers Performance
Assessing Roundhill Acquirers' fundamental ratios provides investors with valuable insights into Roundhill Acquirers' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Roundhill Acquirers is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The index was established in 2020 by Acquirers Funds LLC and tracks the performance of a portfolio of 100 of the most undervalued, fundamentally strong stocks drawn from the smallest 75 percent of stocks listed in the U.S. by market capitalization meeting certain liquidity thresholds. Deep Value is traded on NYSEARCA Exchange in the United States.| The fund retains 99.76% of its assets under management (AUM) in equities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Roundhill Acquirers Deep. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of Roundhill Acquirers Deep 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 Acquirers' value that differs from its market value or its book value, called intrinsic value, which is Roundhill Acquirers' 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 Acquirers' market value can be influenced by many factors that don't directly affect Roundhill Acquirers' 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 Acquirers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Acquirers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Acquirers' 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.