Roundhill Magnificent Seven Etf Performance
| MAGS Etf | USD 51.10 0.59 1.14% |
The etf holds a Beta of 1.23, 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 Magnificent will likely underperform.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Roundhill Magnificent Seven are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unsteady technical and fundamental indicators, Roundhill Magnificent unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Unimpressed by Big Tech in Q3 Nows the time to try these top value plays instead | 09/03/2024 |
2 | Mag 7 stocks are bouncing back from 3Q underperformance | 09/23/2024 |
3 | MAGS No Longer Driving Market 2024 SP 8,000 Possible | 10/07/2024 |
4 | TQQQ A Leveraged ETF Bet On Mag 7 Stocks - Seeking Alpha | 10/28/2024 |
5 | CSOP MAG Seven ETF to List on HKEX Tomorrow - Business Wire | 11/05/2024 |
6 | Half of global fund managers are long the Mag 7 BofA | 11/13/2024 |
Roundhill |
Roundhill Magnificent Relative Risk vs. Return Landscape
If you would invest 4,482 in Roundhill Magnificent Seven on August 24, 2024 and sell it today you would earn a total of 628.00 from holding Roundhill Magnificent Seven or generate 14.01% return on investment over 90 days. Roundhill Magnificent Seven is currently generating 0.2201% in daily expected returns and assumes 1.5416% risk (volatility on return distribution) over the 90 days horizon. In different words, 13% 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 Magnificent Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roundhill Magnificent's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Roundhill Magnificent Seven, and traders can use it to determine the average amount a Roundhill Magnificent'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 = 0.1427
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Estimated Market Risk
| 1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Roundhill Magnificent is performing at about 11% 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 Magnificent by adding it to a well-diversified portfolio.
Roundhill Magnificent Fundamentals Growth
Roundhill Etf prices reflect investors' perceptions of the future prospects and financial health of Roundhill Magnificent, and Roundhill Magnificent 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.
| Return On Equity | -0.39 | |||
| Return On Asset | 3.34 | |||
| Profit Margin | 11.58 % | |||
| Operating Margin | 7.15 % | |||
| Current Valuation | 78.07 M | |||
| Shares Outstanding | 23.16 M | |||
| Price To Earning | 501.11 X | |||
| Price To Book | 1.40 X | |||
| Price To Sales | 1.09 X | |||
| Revenue | 82.77 M | |||
| EBITDA | 7.8 M | |||
| Cash And Equivalents | 50.47 M | |||
| Cash Per Share | 2.18 X | |||
| Total Debt | 1.6 M | |||
| Debt To Equity | 0.02 % | |||
| Book Value Per Share | 2.77 X | |||
| Cash Flow From Operations | 2.32 M | |||
| Earnings Per Share | (0.1) X | |||
| Total Asset | 75 M | |||
| Retained Earnings | (20.46 M) | |||
| Current Asset | 60.45 M | |||
| Current Liabilities | 16.45 M | |||
About Roundhill Magnificent Performance
Assessing Roundhill Magnificent's fundamental ratios provides investors with valuable insights into Roundhill Magnificent's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Roundhill Magnificent 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.
Magal Security Systems Ltd. develops, manufactures, markets, and sells perimeter intrusion detection sensors, physical barriers, video analytics and management systems, cyber security products and systems, and security video observation and surveillance systems. The company was founded in 1965 and is headquartered in Yehud, Israel. Magal Security operates under Security Protection Services classification in the United States and is traded on NASDAQ Exchange. It employs 4 people.| The company reported the previous year's revenue of 82.77 M. Net Loss for the year was (830 K) with profit before overhead, payroll, taxes, and interest of 34.44 M. | |
| About 58.0% of the company shares are owned by institutional investors | |
| Latest headline from seekingalpha.com: Half of global fund managers are long the Mag 7 BofA |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Roundhill Magnificent Seven. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of Roundhill Magnificent 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 Magnificent's value that differs from its market value or its book value, called intrinsic value, which is Roundhill Magnificent'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 Magnificent's market value can be influenced by many factors that don't directly affect Roundhill Magnificent'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 Magnificent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Magnificent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Magnificent'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.