Roundhill Etf Trust Etf Performance
| RDTE Etf | 36.39 0.19 0.52% |
The etf holds a Beta of 0.92, which implies possible diversification benefits within a given portfolio. Roundhill ETF returns are very sensitive to returns on the market. As the market goes up or down, Roundhill ETF is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
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 latest abnormal performance, the Etf's basic indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the fund shareholders. ...more
1 | RDTE Small Caps And Income Are 2 Of My Favorite Things - Seeking Alpha | 01/29/2025 |
Roundhill |
Roundhill ETF Relative Risk vs. Return Landscape
If you would invest 3,980 in Roundhill ETF Trust on December 17, 2024 and sell it today you would lose (360.00) from holding Roundhill ETF Trust or give up 9.05% of portfolio value over 90 days. Roundhill ETF Trust is currently does not generate positive expected returns and assumes 1.2348% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% 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 |
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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 = -0.1217
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| Negative Returns | RDTE |
Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 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.
About Roundhill ETF Performance
By analyzing Roundhill ETF's fundamental ratios, stakeholders can gain valuable insights into Roundhill ETF's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Roundhill ETF 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 ETF has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Roundhill ETF is entity of United States. It is traded as Etf on BATS exchange.| Roundhill ETF Trust generated a negative expected return over the last 90 days |
Check out Your Equity Center 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 estimate. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.