Roundhill Ball Financial Statements From 2010 to 2024
| METV Etf | USD 14.96 0.19 1.25% |
Check Roundhill Ball financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Roundhill Ball's main balance sheet or income statement drivers, such as , as well as many indicators such as . Roundhill financial statements analysis is a perfect complement when working with Roundhill Ball Valuation or Volatility modules.
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Roundhill Ball Metaverse ETF Beta Analysis
Roundhill Ball's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Roundhill Ball Beta | 1.49 |
Most of Roundhill Ball's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Roundhill Ball Metaverse is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Roundhill Ball Metaverse has a Beta of 1.49. This is much higher than that of the Roundhill Investments family and significantly higher than that of the Technology category. The beta for all United States etfs is notably lower than that of the firm.
About Roundhill Ball Financial Statements
Roundhill Ball investors use historical fundamental indicators, such as Roundhill Ball's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Roundhill Ball. Please read more on our technical analysis and fundamental analysis pages.
The index seeks to track the performance of globally-listed equity securities of companies that engage in activities or provide products, services, technologies, or technological capabilities to enable the Metaverse, and benefit from its generated revenues. Roundhill Ball is traded on NYSEARCA Exchange in the United States.
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Check out the analysis of Roundhill Ball Correlation against competitors. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of Roundhill Ball Metaverse 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 Ball's value that differs from its market value or its book value, called intrinsic value, which is Roundhill Ball'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 Ball's market value can be influenced by many factors that don't directly affect Roundhill Ball'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 Ball's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Ball is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Ball'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.