Roundhill Etf Trust Etf Performance
| KNGS Etf | USD 28.70 0.05 0.17% |
The etf holds a Beta of 0.52, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Roundhill ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Roundhill ETF is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Roundhill ETF Trust has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable technical and fundamental indicators, Roundhill ETF is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Pivots Trading Plans and Risk Controls - Stock Traders Daily | 11/18/2024 |
Roundhill |
Roundhill ETF Relative Risk vs. Return Landscape
If you would invest 2,917 in Roundhill ETF Trust on September 2, 2024 and sell it today you would lose (47.00) from holding Roundhill ETF Trust or give up 1.61% of portfolio value over 90 days. Roundhill ETF Trust is currently does not generate positive expected returns and assumes 0.5963% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% 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 ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roundhill ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Roundhill ETF Trust, and traders can use it to determine the average amount a Roundhill ETF'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 = -0.0396
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | KNGS |
Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Roundhill ETF is not performing at its full potential. However, 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 ETF by adding Roundhill ETF to a well-diversified portfolio.
Roundhill ETF Fundamentals Growth
Roundhill Etf prices reflect investors' perceptions of the future prospects and financial health of Roundhill ETF, and Roundhill ETF 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 | 7.12 M | |||
About Roundhill ETF Performance
Assessing Roundhill ETF's fundamental ratios provides investors with valuable insights into Roundhill ETF's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Roundhill ETF 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 fund generally invests in securities that Upholdings believes have the potential to compound at a higher rate than the SP 500 Index over multi-year periods. Upholdings Compound is traded on BATS Exchange in the United States.| Roundhill ETF Trust generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Pivots Trading Plans and Risk Controls - Stock Traders Daily | |
| The fund maintains 99.79% of its assets in stocks |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Roundhill ETF Trust. 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of Roundhill ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Roundhill ETF'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 ETF's market value can be influenced by many factors that don't directly affect Roundhill ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill ETF'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.