RDTE 📈 Roundhill Trust - - Overview
Exchange: BATS • Country: USA • Currency: USD • Type: Etf • • Derivative Income
RDTE: Options, Index, Income
The fund seeks to achieve its investment objectives through the use of a synthetic covered call strategy that provides current income on a weekly basis, while also providing exposure to the price return of the Russell 2000 Index. It will invest at least 80% of its net assets (plus any borrowings for investment purposes) in financial instruments (such as options contracts) that utilize the small cap index as the reference asset. The fund is non-diversified.
Additional Sources for RDTE ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
RDTE ETF Overview
| Market Cap in USD | 148m |
| Category | Derivative Income |
| IPO / Inception | 2024-09-09 |
RDTE ETF Ratings
| Growth 5y | 52.1% |
| Fundamental | - |
| Dividend | 51.1% |
| Rel. Strength Industry | 24.9 |
| Analysts | - |
| Fair Price Momentum | 41.20 USD |
| Fair Price DCF | - |
RDTE Dividends
| Dividend Yield 12m | 9.96% |
| Yield on Cost 5y | 10.86% |
| Annual Growth 5y | -2.33% |
| Payout Consistency | 100.0% |
RDTE Growth Ratios
| Growth Correlation 3m | 74.9% |
| Growth Correlation 12m | 80.6% |
| Growth Correlation 5y | 80.6% |
| CAGR 5y | 8.94% |
| CAGR/Mean DD 5y | 5.74 |
| Sharpe Ratio 12m | 0.45 |
| Alpha | -26.68 |
| Beta | 1.45 |
| Volatility | 17.85% |
| Current Volume | 175.6k |
| Average Volume 20d | 233.3k |
What is the price of RDTE stocks?
As of December 21, 2024, the stock is trading at USD 41.65 with a total of 175,600 shares traded.
Over the past week, the price has changed by -5.42%, over one month by -2.78%, over three months by +0.13% and over the past year by +7.77%.
As of December 21, 2024, the stock is trading at USD 41.65 with a total of 175,600 shares traded.
Over the past week, the price has changed by -5.42%, over one month by -2.78%, over three months by +0.13% and over the past year by +7.77%.
Is Roundhill Trust - a good stock to buy?
Partly, yes. Based on ValueRay Analyses, Roundhill Trust - (BATS:RDTE) is currently (December 2024) ok to buy, but has to be watched. It has a Growth Technical Rating of 52.05 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of RDTE as of December 2024 is 41.20. This means that RDTE is currently overvalued and has a potential downside of -1.08%.
Partly, yes. Based on ValueRay Analyses, Roundhill Trust - (BATS:RDTE) is currently (December 2024) ok to buy, but has to be watched. It has a Growth Technical Rating of 52.05 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of RDTE as of December 2024 is 41.20. This means that RDTE is currently overvalued and has a potential downside of -1.08%.
Is RDTE a buy, sell or hold?
Roundhill Trust - has no consensus analysts rating.
Roundhill Trust - has no consensus analysts rating.
What are the forecast for RDTE stock price target?
According to ValueRays Forecast Model, RDTE Roundhill Trust - will be worth about 46.5 in December 2025. The stock is currently trading at 41.65. This means that the stock has a potential upside of +11.55%.
According to ValueRays Forecast Model, RDTE Roundhill Trust - will be worth about 46.5 in December 2025. The stock is currently trading at 41.65. This means that the stock has a potential upside of +11.55%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 46.5 | 11.5% |