Roundhill Etf Trust Etf Price To Sales
| MEME Etf | USD 8.60 0.17 2.02% |
Fundamental analysis of Roundhill ETF allows traders to better anticipate movements in Roundhill ETF's stock price by examining its financial health and performance throughout various phases of its business cycle.
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Roundhill ETF Trust ETF Price To Sales Analysis
Roundhill ETF's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Roundhill ETF Price To Sales | 0.02 X |
Most of Roundhill ETF's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Roundhill ETF Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Roundhill ETF Trust has a Price To Sales of 0.02 times. This is much higher than that of the Roundhill Investments family and significantly higher than that of the Mid-Cap Growth category. The price to sales for all United States etfs is notably lower than that of the firm.
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Fund Asset Allocation for Roundhill ETF
The fund invests 99.51% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Roundhill ETF's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Roundhill Fundamentals
| Return On Asset | -32.48 | |||
| Operating Margin | (230.97) % | |||
| Current Valuation | 2.85 M | |||
| Shares Outstanding | 43.08 M | |||
| Shares Owned By Insiders | 49.98 % | |||
| Price To Earning | (2.35) X | |||
| Price To Sales | 0.02 X | |||
| Revenue | 205.77 K | |||
| Gross Profit | 15.37 K | |||
| Net Income | (919.89 K) | |||
| Cash And Equivalents | 120.06 K | |||
| Total Debt | 2.84 M | |||
| Current Ratio | 0.01 X | |||
| Book Value Per Share | (0.05) X | |||
| Cash Flow From Operations | (559.75 K) | |||
| Earnings Per Share | (0.02) X | |||
| Market Capitalization | 4.31 K | |||
| Total Asset | 863.39 K | |||
| Retained Earnings | (4.55 M) | |||
| Working Capital | (239 K) | |||
| Current Asset | 682 K | |||
| Current Liabilities | 921 K | |||
| Z Score | -7.47 | |||
| One Year Return | 41.70 % | |||
| Net Asset | 863.39 K | |||
| Equity Positions Weight | 99.51 % |
About Roundhill ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Roundhill ETF Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Roundhill ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Roundhill ETF Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Roundhill ETF Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Roundhill ETF's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Roundhill Etf Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Roundhill Etf Trust Etf:Check out Roundhill ETF Piotroski F Score and Roundhill ETF Altman Z Score analysis. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.