Roundhill Daily Inverse Etf Profile

MAGQ Etf   18.90  0.17  0.91%   

Performance

0 of 100

 
Weak
 
Strong
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Odds Of Distress

Less than 9

 
High
 
Low
Low
Roundhill Daily is selling at 18.90 as of the 28th of November 2024; that is 0.91 percent increase since the beginning of the trading day. The etf's last reported lowest price was 18.9. Roundhill Daily has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Roundhill Daily Inverse are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Roundhill Daily is entity of United States. It is traded as Etf on NASDAQ exchange. More on Roundhill Daily Inverse

Moving together with Roundhill Etf

  0.92SH ProShares Short SP500PairCorr
  0.94PSQ ProShares Short QQQPairCorr
  0.94SPXU ProShares UltraPro ShortPairCorr
  0.93SDS ProShares UltraShortPairCorr
  0.94SPXS Direxion Daily SPPairCorr
  0.95QID ProShares UltraShort QQQPairCorr

Moving against Roundhill Etf

  0.9CRPT First Trust SkyBridgePairCorr
  0.89DAPP VanEck Digital TransPairCorr
  0.82NVDU Direxion Daily NVDAPairCorr
  0.82BITX Volatility Shares Trust Upward RallyPairCorr
  0.81NVDL GraniteShares 15x LongPairCorr
  0.81NVDX T Rex 2XPairCorr

Roundhill Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Theme ETFs, Trading--Inverse Equity (View all Sectors)
IssuerRoundhill Investments
Inception Date2024-02-29
Entity TypeRegulated Investment Company
Asset Under Management937,000
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorRoundhill Financial Inc.
CustodianU.S. Bank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerAndrew Serowik, Todd Alberico, Gabriel Tan, Brian Cooper
Transfer AgentU.S. Bancorp Fund Services, LLC
Fiscal Year End31-Dec
ExchangeNASDAQ
Market MakerFlow Traders
Total Expense0.95
Management Fee0.95
Country NameUSA
CodeMAGQ
Updated At27th of November 2024
NameRoundhill Daily Inverse Magnificent Seven ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01LQYFYT7
TypeETF
Roundhill Daily Inverse [MAGQ] is traded in USA and was established null. The fund is listed under Trading--Inverse Equity. The entity is thematically classified as Strategy ETFs. Roundhill Daily Inverse now have in assets.
Check Roundhill Daily Probability Of Bankruptcy

Roundhill Daily Inverse Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Roundhill Daily. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Roundhill Daily Against Markets

When determining whether Roundhill Daily Inverse is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Roundhill Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Roundhill Daily Inverse Etf. Highlighted below are key reports to facilitate an investment decision about Roundhill Daily Inverse Etf:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Roundhill Daily Inverse. 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of Roundhill Daily Inverse 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 Daily's value that differs from its market value or its book value, called intrinsic value, which is Roundhill Daily'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 Daily's market value can be influenced by many factors that don't directly affect Roundhill Daily'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 Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Daily'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.