Roundhill Ball Metaverse Etf Performance
| METV Etf | USD 14.50 0.14 0.97% |
The etf holds a Beta of 0.96, which implies possible diversification benefits within a given portfolio. Roundhill Ball returns are very sensitive to returns on the market. As the market goes up or down, Roundhill Ball is expected to follow.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Roundhill Ball Metaverse are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of fairly conflicting basic indicators, Roundhill Ball showed solid returns over the last few months and may actually be approaching a breakup point. ...more
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Roundhill |
Roundhill Ball Relative Risk vs. Return Landscape
If you would invest 1,249 in Roundhill Ball Metaverse on September 2, 2024 and sell it today you would earn a total of 201.00 from holding Roundhill Ball Metaverse or generate 16.09% return on investment over 90 days. Roundhill Ball Metaverse is currently generating 0.2393% in daily expected returns and assumes 1.0957% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% 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 Ball Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roundhill Ball's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Roundhill Ball Metaverse, and traders can use it to determine the average amount a Roundhill Ball'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 = 0.2184
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Roundhill Ball is performing at about 17% 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 Ball by adding it to a well-diversified portfolio.
Roundhill Ball Fundamentals Growth
Roundhill Etf prices reflect investors' perceptions of the future prospects and financial health of Roundhill Ball, and Roundhill Ball 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 | 401.16 M | |||
About Roundhill Ball Performance
Evaluating Roundhill Ball's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Roundhill Ball has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Roundhill Ball has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to 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.| Latest headline from forbes.com: Fraud And Scam Complaints Hit Record High In Britain | |
| The fund created three year return of -3.0% | |
| Roundhill Ball Metaverse maintains 99.88% of its assets in stocks |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Roundhill Ball Metaverse. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.