Roundhill Investments Etf Profile
Roundhill Investments is selling for under 28.70 as of the 3rd of January 2025; that is No Change since the beginning of the trading day. The etf's lowest day price was 28.7. The performance scores are derived for the period starting the 4th of December 2024 and ending today, the 3rd of January 2025. Click here to learn more.
Roundhill Etf Highlights
| Old Name | Roundhill ETF Trust |
| Business Concentration | Large Growth, Upholdings (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 18.05 |
| Name | Roundhill ETF Trust |
| Currency Code | USD |
| Open Figi | BBG00YJ7MZ34 |
| 1y Volatility | 27.35 |
| 200 Day M A | 28.2548 |
| 50 Day M A | 28.955 |
| Code | KNGS |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
Roundhill Investments [KNGS] is traded in USA and was established 2020-12-29. The fund is listed under Large Growth category and is part of Upholdings family. Roundhill Investments now have 7.12 M in assets. , while the total return for the last year was 12.1%.
Check Roundhill Investments Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Roundhill Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Roundhill Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Roundhill Investments Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Roundhill Investments Etf Constituents
| JD | JD Inc Adr | Stock | Consumer Discretionary | |
| TSLX | Sixth Street Specialty | Stock | Financials | |
| TCEHY | Tencent Holdings Ltd | Pink Sheet | Internet Content & Information | |
| SPOT | Spotify Technology SA | Stock | Communication Services | |
| SBUX | Starbucks | Stock | Consumer Discretionary | |
| PINS | Stock | Communication Services | ||
| NOW | ServiceNow | Stock | Information Technology | |
| NFLX | Netflix | Stock | Communication Services |
Roundhill Investments Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Roundhill Investments. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 0.483 | |||
| Standard Deviation | 0.5984 | |||
| Variance | 0.3581 | |||
| Risk Adjusted Performance | (0.02) |
Roundhill Investments Against Markets
Roundhill Investments Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Roundhill Investments etf to make a market-neutral strategy. Peer analysis of Roundhill Investments could also be used in its relative valuation, which is a method of valuing Roundhill Investments by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out Correlation Analysis to better understand how to build diversified portfolios. 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 Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of Roundhill Investments 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 Investments' value that differs from its market value or its book value, called intrinsic value, which is Roundhill Investments' 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 Investments' market value can be influenced by many factors that don't directly affect Roundhill Investments' 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 Investments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Investments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Investments' 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.