Roundhill Bitcoin Covered Etf Performance
| YBTC Etf | 41.99 0.06 0.14% |
The etf holds a Beta of 0.77, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Roundhill Bitcoin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Roundhill Bitcoin is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Roundhill Bitcoin Covered has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak 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 | Roundhill Investments Announces YBTC and YETH Distributions for December 31, 2024 - Nasdaq | 12/31/2024 |
2 | YBTC Decent Bitcoin Income But With Risks - Seeking Alpha | 01/17/2025 |
Roundhill |
Roundhill Bitcoin Relative Risk vs. Return Landscape
If you would invest 4,559 in Roundhill Bitcoin Covered on December 25, 2024 and sell it today you would lose (360.00) from holding Roundhill Bitcoin Covered or give up 7.9% of portfolio value over 90 days. Roundhill Bitcoin Covered is currently does not generate positive expected returns and assumes 2.6727% risk (volatility on return distribution) over the 90 days horizon. In different words, 23% 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 Bitcoin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roundhill Bitcoin's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Roundhill Bitcoin Covered, and traders can use it to determine the average amount a Roundhill Bitcoin'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 = -0.0379
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | YBTC |
Estimated Market Risk
| 2.67 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.1 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 Bitcoin 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 Bitcoin by adding Roundhill Bitcoin to a well-diversified portfolio.
About Roundhill Bitcoin Performance
By analyzing Roundhill Bitcoin's fundamental ratios, stakeholders can gain valuable insights into Roundhill Bitcoin's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Roundhill Bitcoin 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 Bitcoin has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Roundhill Bitcoin is entity of United States. It is traded as Etf on BATS exchange.| Roundhill Bitcoin generated a negative expected return over the last 90 days |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Roundhill Bitcoin Covered. 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of Roundhill Bitcoin Covered 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 Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Roundhill Bitcoin'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 Bitcoin's market value can be influenced by many factors that don't directly affect Roundhill Bitcoin'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 Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Bitcoin'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.