Roundhill Cannabis Etf Analysis
| WEED Etf | USD 19.86 0.22 1.12% |
Roundhill Cannabis ETF is overvalued with Real Value of 19.41 and Hype Value of 19.92. The main objective of Roundhill Cannabis etf analysis is to determine its intrinsic value, which is an estimate of what Roundhill Cannabis ETF is worth, separate from its market price. There are two main types of Roundhill Etf analysis: fundamental analysis and technical analysis.
The Roundhill Cannabis etf is traded in the USA on BATS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Roundhill Cannabis' ongoing operational relationships across important fundamental and technical indicators.
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Roundhill Etf Analysis Notes
Roundhill Cannabis is is formed as Regulated Investment Company in the United States. ETF is managed and operated by U.S. Bancorp Fund Services, LLC. The fund has 18 constituents across multiple sectors and instustries. The fund charges 0.39 percent management fee with a total expences of 0.4 percent of total asset. The fund keeps 100.18% of net assets in stocks. The fund is an actively managed ETF that seeks to achieve its investment objective by investing primarily in exchange-listed equity securities and total return swaps intended to provide exposure to the cannabis and hemp ecosystem. Listed Funds is traded on BATS Exchange in the United States. For more information please call the company at NA.Currency Exposure
Roundhill Cannabis ETF manages assets traded in foreign countries, and the goal of international investors is to ensure that the increase in value from foreign constituents of Roundhill Cannabis will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, investors should be aware of the risk associated with depending on the development of foreign currencies.
Roundhill Cannabis ETF Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more etfs at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Roundhill Cannabis' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Roundhill Cannabis ETF or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Roundhill Cannabis generated a negative expected return over the last 90 days | |
| Roundhill Cannabis has high historical volatility and very poor performance | |
| Latest headline from news.google.com: Weed stocks spike after report on Trump support for marijuana reforms - MSN | |
| The fund keeps 100.18% of its net assets in stocks |
Roundhill Cannabis Thematic Classifications
In addition to having Roundhill Cannabis etf in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Strategy ETFsUSA ETFs from Strategy clasification | |
| Theme ETFsUSA ETFs from Theme clasification |
Management Efficiency
Roundhill Cannabis' management efficiency ratios could be used to measure how well Roundhill Cannabis manages its routine affairs as well as how well it operates its assets and liabilities.Roundhill Cannabis ETF benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Returns 1 Y (31.28) | Total Assets 3.9 M | Returns YTD (34.93) |
Top Roundhill Cannabis ETF Etf Constituents
| United States Treasury Bill 12/03/2024 | 99.64% |
| NA | 3.82% |
| First American Government Obligations Fund 12/01/2031 | 16.29% |
| TRULIEVE CANNABIS CORP SWAP | 22.89% |
| CURALEAF HOLDINGS INC SWAP | 22.43% |
| CRESCO LABS INC-SUBORDINATE SWAP | 4.77% |
| Curaleaf Holdings Inc | 3.82% |
| GREEN THUMB INDUSTRIES INC SWAP | 33.26% |
| VERANO HOLDINGS CORP SWAP | 12.59% |
Institutional Etf Holders for Roundhill Cannabis
Have you ever been surprised when a price of an equity instrument such as Roundhill Cannabis is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Roundhill Cannabis ETF backward and forwards among themselves. Roundhill Cannabis' institutional investor refers to the entity that pools money to purchase Roundhill Cannabis' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| WEED | Roundhill Cannabis ETF | Etf | Miscellaneous Sector | |
| CNBS | Amplify Seymour Cannabis | Etf | Miscellaneous Sector |
Technical Drivers
As of the 28th of November, Roundhill Cannabis holds the Risk Adjusted Performance of (0.05), coefficient of variation of (1,321), and Variance of 33.88. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Roundhill Cannabis, as well as the relationship between them. Please check Roundhill Cannabis ETF information ratio, and the relationship between the coefficient of variation and value at risk to decide if Roundhill Cannabis ETF is priced some-what accurately, providing market reflects its current price of 19.86 per share.Roundhill Cannabis ETF Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Roundhill Cannabis middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Roundhill Cannabis ETF. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Roundhill Cannabis Predictive Daily Indicators
Roundhill Cannabis intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Roundhill Cannabis etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Roundhill Cannabis Forecast Models
Roundhill Cannabis' time-series forecasting models are one of many Roundhill Cannabis' etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Roundhill Cannabis' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Roundhill Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how Roundhill Cannabis prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Roundhill shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as Roundhill Cannabis. By using and applying Roundhill Etf analysis, traders can create a robust methodology for identifying Roundhill entry and exit points for their positions.
The fund is an actively managed ETF that seeks to achieve its investment objective by investing primarily in exchange-listed equity securities and total return swaps intended to provide exposure to the cannabis and hemp ecosystem. Listed Funds is traded on BATS Exchange in the United States.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding Roundhill Cannabis to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Roundhill Cannabis ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of Roundhill Cannabis ETF 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 Cannabis' value that differs from its market value or its book value, called intrinsic value, which is Roundhill Cannabis' 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 Cannabis' market value can be influenced by many factors that don't directly affect Roundhill Cannabis' 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 Cannabis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Cannabis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Cannabis' 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.