WEED 📈 Roundhill Cannabis - Overview

Exchange: BATS • Country: USA • Currency: USD • Type: Etf • • Miscellaneous Sector

WEED: Cannabis, Hemp, Equity, Securities, Swaps, Companies, REITs

The fund is an actively managed ETF that seeks to achieve its investment objective by investing primarily in exchange-listed equity securities and total return swaps intended to provide exposure to the cannabis and hemp ecosystem. Under normal circumstances, at least 80% of the fund's net assets will be invested in equity securities, including common stock and depositary receipts, of companies and REITs that derive at least 50% of their net revenue from, or invest a majority of their assets in, the cannabis and hemp ecosystem ('Cannabis Companies'). It is non-diversified.

Additional Sources for WEED ETF

WEED ETF Overview

Market Cap in USD 5m
Category Miscellaneous Sector
TER 0.40%
IPO / Inception 2022-04-19

WEED ETF Ratings

Growth 5y -76.8%
Fundamental -
Dividend -
Rel. Strength Industry -347
Analysts -
Fair Price Momentum 10.71 USD
Fair Price DCF -

WEED Dividends

No Dividends Paid

WEED Growth Ratios

Growth Correlation 3m -92.8%
Growth Correlation 12m -90.2%
Growth Correlation 5y -46%
CAGR 5y -44.79%
CAGR/Mean DD 5y -0.84
Sharpe Ratio 12m -0.89
Alpha -83.65
Beta 0.94
Volatility 59.61%
Current Volume 11.6k
Average Volume 20d 13.4k
What is the price of WEED stocks?
As of January 15, 2025, the stock is trading at USD 14.80 with a total of 11,588 shares traded.
Over the past week, the price has changed by -8.53%, over one month by -4.91%, over three months by -48.29% and over the past year by -59.21%.
Is Roundhill Cannabis a good stock to buy?
No, based on ValueRay Analyses, Roundhill Cannabis (BATS:WEED) is currently (January 2025) a stock to sell. It has a ValueRay Growth Rating of -76.82 and therefor a clear technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of WEED as of January 2025 is 10.71. This means that WEED is currently overvalued and has a potential downside of -27.64%.
Is WEED a buy, sell or hold?
Roundhill Cannabis has no consensus analysts rating.
What are the forecast for WEED stock price target?
According to ValueRays Forecast Model, WEED Roundhill Cannabis will be worth about 11.9 in January 2026. The stock is currently trading at 14.80. This means that the stock has a potential downside of -19.66%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 11.9 -19.7%