Roundhill Video Games Etf Profile
| NERD Etf | USD 14.47 0.06 0.41% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Roundhill Video is trading at 14.47 as of the 19th of April 2024, a -0.41% down since the beginning of the trading day. The etf's lowest day price was 14.47. Roundhill Video has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Roundhill Video Games are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund uses a passive management approach to seek to track the total return performance, before fees and expenses, of the index. Roundhill Esports is traded on NYSEARCA Exchange in the United States. More on Roundhill Video Games
Moving together with Roundhill Etf
| 0.71 | HERO | Global X Video | PairCorr |
Moving against Roundhill Etf
| 0.41 | XOP | SPDR SP Oil | 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. Roundhill Video's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Roundhill Video or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Online Gaming, Strategy ETFs, Theme ETFs, Communications, Roundhill Investments (View all Sectors) |
| Issuer | Roundhill Investments |
| Inception Date | 2019-06-04 |
| Benchmark | Nasdaq CTA Global Video Games Software Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 18.26 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Roundhill Financial Inc. |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Andrew Serowik, Todd Alberico, Gabriel Tan |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Dec |
| Exchange | NASDAQ |
| Number of Constituents | 39.0 |
| Market Maker | Jane Street |
| Total Expense | 0.5 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | (7.04) |
| Name | Roundhill Video Games ETF |
| Currency Code | USD |
| Open Figi | BBG00PBD0TC6 |
| In Threey Volatility | 21.19 |
| 1y Volatility | 18.48 |
| 200 Day M A | 14.9974 |
| 50 Day M A | 15.4036 |
| Code | NERD |
| Updated At | 19th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (1.13) |
Roundhill Video Games [NERD] is traded in USA and was established 2019-06-03. The fund is listed under Communications category and is part of Roundhill Investments family. The entity is thematically classified as Online Gaming. Roundhill Video Games now have 25.96 M in assets. , while the total return for the last 3 years was -23.2%.
Check Roundhill Video 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 Video Games 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 Video Games Currency Exposure
Roundhill Video Games holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Roundhill Video will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Roundhill Video Games.
Top Roundhill Video Games Etf Constituents
| ATVI | Activision Blizzard | Stock | Communication Services |
| BILI | Bilibili | Stock | Communication Services |
| CRSR | Corsair GamingInc | Stock | Information Technology |
| DOYU | DouYu International Holdings | Stock | Communication Services |
| EA | Electronic Arts | Stock | Communication Services |
| HEAR | Turtle Beach Corp | Stock | Consumer Discretionary |
| HUYA | HUYA Inc | Stock | Communication Services |
Roundhill Video Target Price Odds Analysis
What are Roundhill Video's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Roundhill Video jumping above the current price in 90 days from now is close to 99%. The Roundhill Video Games probability density function shows the probability of Roundhill Video etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.2059. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Roundhill Video will likely underperform. Additionally, roundhill Video Games has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Roundhill Video to move above the current price in 90 days from now is close to 99 (This Roundhill Video Games probability density function shows the probability of Roundhill Etf to fall within a particular range of prices over 90 days) .
Roundhill Video Games Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Roundhill Video market risk premium is the additional return an investor will receive from holding Roundhill Video 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 Video. 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 Video's alpha and beta are two of the key measurements used to evaluate Roundhill Video's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.07) |
Roundhill Video Against Markets
Picking the right benchmark for Roundhill Video 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 Video 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 Video is critical whether you are bullish or bearish towards Roundhill Video Games at a given time. Please also check how Roundhill Video's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Roundhill Video without increasing your portfolio risk or giving up the 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.Did you try this?
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Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
How to buy Roundhill Etf?
Before investing in Roundhill Video, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Roundhill Video. To buy Roundhill Video etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Roundhill Video. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Roundhill Video etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Roundhill Video Games etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Roundhill Video Games etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Roundhill Video Games, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Roundhill Etf please use our How to Invest in Roundhill Video guide.
Already Invested in Roundhill Video Games?
The danger of trading Roundhill Video Games 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 Video 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 Video. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Roundhill Video Games 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.
When determining whether Roundhill Video Games is a strong investment it is important to analyze Roundhill Video's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Roundhill Video's future performance. For an informed investment choice regarding Roundhill Etf, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Roundhill Video Games. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of Roundhill Video Games 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 Video's value that differs from its market value or its book value, called intrinsic value, which is Roundhill Video'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 Video's market value can be influenced by many factors that don't directly affect Roundhill Video'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 Video's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Video is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Video'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.