VictoryShares Financials
| CDC Etf | USD 66.93 0.40 0.60% |
Net Expense Ratio 0.0038 | 3 y Sharp Ratio (0.04) |
VictoryShares |
The data published in VictoryShares' official financial statements typically reflect VictoryShares' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving VictoryShares' quantitative information. For example, before you start analyzing numbers published by VictoryShares accountants, it's essential to understand VictoryShares' liquidity, profitability, and earnings quality within the context of the Victory Capital space in which it operates.
Please note, the presentation of VictoryShares' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, VictoryShares' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of VictoryShares' management manipulating its earnings.
VictoryShares Etf Summary
VictoryShares competes with BlackRock ETF, Rbb Fund, Virtus ETF, and Amplify CWP. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80 percent of its assets directly or indirectly in the securities included in the Nasdaq Victory US Large Cap 100 High Dividend LongCash Volatility Weighted Index. Victory US is traded on NASDAQ Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| ISIN | US92647N8240 |
| CUSIP | 92647N824 20452Y783 |
| Region | North America |
| Investment Issuer | VictoryShares |
| Etf Family | Victory Capital |
| Fund Category | Strategy |
| Portfolio Concentration | High Dividend Yield |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
VictoryShares Key Financial Ratios
VictoryShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VictoryShares's current stock value. Our valuation model uses many indicators to compare VictoryShares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VictoryShares competition to find correlations between indicators driving VictoryShares's intrinsic value. More Info.VictoryShares EQ Income is the top ETF in price to earning as compared to similar ETFs. It also is the top ETF in price to book as compared to similar ETFs fabricating about 0.14 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for VictoryShares EQ Income is roughly 7.30 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the VictoryShares' earnings, one of the primary drivers of an investment's value.VictoryShares EQ Income Systematic Risk
VictoryShares' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. VictoryShares volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on VictoryShares EQ Income correlated with the market. If Beta is less than 0 VictoryShares generally moves in the opposite direction as compared to the market. If VictoryShares Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VictoryShares EQ Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VictoryShares is generally in the same direction as the market. If Beta > 1 VictoryShares moves generally in the same direction as, but more than the movement of the benchmark.
About VictoryShares Financials
What exactly are VictoryShares Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include VictoryShares' income statement, its balance sheet, and the statement of cash flows. Potential VictoryShares investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although VictoryShares investors may use each financial statement separately, they are all related. The changes in VictoryShares's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on VictoryShares's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.VictoryShares Thematic Clasifications
VictoryShares EQ Income is part of several thematic ideas from High Dividend Yield ETFs to Strategy ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasVictoryShares November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of VictoryShares help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of VictoryShares EQ Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of VictoryShares EQ Income based on widely used predictive technical indicators. In general, we focus on analyzing VictoryShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build VictoryShares's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6044 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.17 | |||
| Value At Risk | (0.98) | |||
| Potential Upside | 0.9337 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VictoryShares EQ Income. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of VictoryShares EQ Income is measured differently than its book value, which is the value of VictoryShares that is recorded on the company's balance sheet. Investors also form their own opinion of VictoryShares' value that differs from its market value or its book value, called intrinsic value, which is VictoryShares' 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 VictoryShares' market value can be influenced by many factors that don't directly affect VictoryShares' 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 VictoryShares' value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares' 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.