Roundhill Etf Profile

BYTE
 Etf
  

USD 12.58  0.10  0.79%   

Market Performance
2 of 100
Odds Of Distress
Less than 43
Roundhill is trading at 12.58 as of the 7th of August 2022, a -0.79 percent decrease since the beginning of the trading day. The etf's lowest day price was 12.58. Roundhill has about a 43 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Roundhill Io Digital are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of February 2022 and ending today, the 7th of August 2022. Click here to learn more.
The index tracks the performance of digital infrastructure companies. Roundhill is traded on NYSEArca Exchange in the United States. More on Roundhill Io Digital

Moving together with Roundhill

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0.7DISWalt Disney Fiscal Year End 9th of November 2022 PairCorr

Roundhill Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Roundhill's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Roundhill or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
The fund holds 99.01% of its assets under management (AUM) in equities
Thematic IdeaTech Funds (view all)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Roundhill's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
IssuerRoundhill Investments
DescriptionRoundhill IO Digital Infrastructure ETF
Inception Date2021-10-28
BenchmarkIO Digital Infrastructure Index
Entity TypeRegulated Investment Company
Asset Under Management2.19 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationBlended Development
RegionGlobal
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorRoundhill Financial Inc.
CustodianU.S. Bank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerAndrew Serowik, Todd Alberico, Gabriel Tan
Transfer AgentU.S. Bancorp Fund Services, LLC
Fiscal Year End31-Dec
ExchangeNYSE Arca, Inc.
Number of Constituents40.0
Market MakerFlow Traders
Total Expense0.75
Management Fee0.75
Nav Price12.47
Two Hundred Day Average13.52
Ytd-17.20%
Average Daily Volume In Three Month446
Fifty Two Week Low11.73
As Of Date22nd of July 2022
Average Daily Volume Last 10 Day150
Fifty Two Week High15.31
One Month2.52%
Fifty Day Average12.52
Three Month-7.77%
Roundhill Io Digital [BYTE] is traded in USA and was established 2021-10-27. The fund is listed under Technology category and is part of Roundhill Investments family. The entity is thematically classified as Tech Funds. Roundhill Io Digital currently have 2.16 M in assets under management (AUM).
Check Roundhill Probability Of Bankruptcy

Geographic Allocation (%)

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 Io Digital 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.

Roundhill Io Digital Currency Exposure (%)

Roundhill Target Price Odds Analysis

What are Roundhill's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Roundhill jumping above the current price in 90 days from now is about 44.77%. The Roundhill Io Digital probability density function shows the probability of Roundhill etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Roundhill has a beta of 0.8888 suggesting Roundhill Io Digital market returns are highly-sensitive to returns on the market. As the market goes up or down, Roundhill is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Roundhill Io Digital is significantly underperforming DOW.
  Odds Below 12.58HorizonTargetOdds Above 12.58
54.87%90 days
 12.58 
44.77%
Based on a normal probability distribution, the odds of Roundhill to move above the current price in 90 days from now is about 44.77 (This Roundhill Io Digital probability density function shows the probability of Roundhill Etf to fall within a particular range of prices over 90 days) .

Roundhill Major Institutional Holders

Institutional Holdings refers to the ownership stake in Roundhill that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Roundhill's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Roundhill's value.
InstituionSecurity TypeTotal SharesValue
Flow Traders Us LlcFund Units43.8 K602 K
Concourse Financial Group Securities IncPut Options0.00.0
Concourse Financial Group Securities IncCall Options0.00.0
View Roundhill Diagnostics

Roundhill Io Digital Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Roundhill market risk premium is the additional return an investor will receive from holding Roundhill long position in a well-diversified portfolio. 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. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Roundhill's alpha and beta are two of the key measurements used to evaluate Roundhill's performance over the market, the standard measures of volatility play an important role as well.

Roundhill Io Digital Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Roundhill Tangent Of Price Series is a trigonometric price transformation method
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Roundhill Against Markets

Picking the right benchmark for Roundhill etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Roundhill etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Roundhill is critical whether you are bullish or bearish towards Roundhill Io Digital at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Roundhill without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Theme Ratings

Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
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Invested in Roundhill Io Digital?

You need to understand the risk of investing before taking a position in Roundhill. The danger of trading Roundhill Io Digital is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Roundhill is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Roundhill. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Roundhill Io Digital is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. Note that the Roundhill Io Digital information on this page should be used as a complementary analysis to other Roundhill's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Roundhill Io Digital price analysis, check to measure Roundhill's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Roundhill is operating at the current time. Most of Roundhill's value examination focuses on studying past and present price action to predict the probability of Roundhill's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Roundhill's price. Additionally, you may evaluate how the addition of Roundhill to your portfolios can decrease your overall portfolio volatility.
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The market value of Roundhill Io Digital 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's value that differs from its market value or its book value, called intrinsic value, which is Roundhill'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's market value can be influenced by many factors that don't directly affect Roundhill'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's value and its price as these two are different measures arrived at by different means. Investors typically determine Roundhill value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill'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.