Roundhill China Dragons Etf Holdings Turnover
| DRAG Etf | USD 22.45 0.95 4.06% |
Roundhill China Dragons fundamentals help investors to digest information that contributes to Roundhill China'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 China'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 China etf.
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Roundhill China Dragons ETF Holdings Turnover Analysis
Roundhill China's Holding Turnover is calculated by adding up all the transactions for the year, dividing it by 2 and then dividing it again by the total fund holdings. Holding Turnover is the rate at which funds or ETFs replace their investment holdings on an annual basis. In other words it measures how quickly a fund turns over its holdings during the fiscal year.
Investor can think of Holding Turnover as a percentage of a fund's assets that have turned over in the past year. Typically, a high annual turnover ratio implies that fund managers made a lot of buying and selling. The higher the annual turnover, the higher the expense ratio for the fund.
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According to the company disclosure, Roundhill China Dragons has a Holdings Turnover of 0.0%. This indicator is about the same for the average (which is currently at 0.0) family and about the same as China Region (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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About Roundhill China Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Roundhill China Dragons's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Roundhill China using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Roundhill China Dragons 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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When determining whether Roundhill China Dragons is a strong investment it is important to analyze Roundhill China's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Roundhill China's future performance. For an informed investment choice regarding Roundhill Etf, refer to the following important reports:Check out Roundhill China Piotroski F Score and Roundhill China Altman Z Score analysis. 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 China Dragons 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 China's value that differs from its market value or its book value, called intrinsic value, which is Roundhill China'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 China's market value can be influenced by many factors that don't directly affect Roundhill China'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 China's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill China'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.