VictoryShares Discovery Financials
| CSF Etf | USD 59.65 0.45 0.75% |
Net Expense Ratio 0.0042 | 3 y Sharp Ratio (0.45) |
VictoryShares |
The data published in VictoryShares Discovery's official financial statements typically reflect VictoryShares Discovery's 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 Discovery's quantitative information. For example, before you start analyzing numbers published by VictoryShares accountants, it's essential to understand VictoryShares Discovery's liquidity, profitability, and earnings quality within the context of the Victory Capital space in which it operates.
VictoryShares Discovery Etf Summary
VictoryShares Discovery competes with VictoryShares 500, VictoryShares 500, VictoryShares, and VictoryShares International. 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 Small Cap 500 LongCash Volatility Weighted Index. Victory US is traded on NASDAQ Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| ISIN | US92647N7747 |
| CUSIP | 92647N774 20452Y825 |
| Region | North America |
| Investment Issuer | VictoryShares |
| Etf Family | Victory Capital |
| Fund Category | Size and Style |
| Portfolio Concentration | Small Cap |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
VictoryShares Discovery Key Financial Ratios
VictoryShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VictoryShares Discovery's current stock value. Our valuation model uses many indicators to compare VictoryShares Discovery value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VictoryShares Discovery competition to find correlations between indicators driving VictoryShares Discovery's intrinsic value. More Info.VictoryShares Discovery Enhanced 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 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for VictoryShares Discovery Enhanced is roughly 9.34 . Comparative valuation analysis is a catch-all technique that is used if you cannot value VictoryShares Discovery by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.VictoryShares Discovery Systematic Risk
VictoryShares Discovery's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. VictoryShares Discovery 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 four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on VictoryShares Discovery correlated with the market. If Beta is less than 0 VictoryShares Discovery generally moves in the opposite direction as compared to the market. If VictoryShares Discovery Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VictoryShares Discovery is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VictoryShares Discovery is generally in the same direction as the market. If Beta > 1 VictoryShares Discovery moves generally in the same direction as, but more than the movement of the benchmark.
About VictoryShares Discovery Financials
What exactly are VictoryShares Discovery 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 Discovery's income statement, its balance sheet, and the statement of cash flows. Potential VictoryShares Discovery investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although VictoryShares Discovery investors may use each financial statement separately, they are all related. The changes in VictoryShares Discovery's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on VictoryShares Discovery'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 Discovery Thematic Clasifications
VictoryShares Discovery Enhanced is part of several thematic ideas from Small Cap ETFs to Size And Style 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 Discovery November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of VictoryShares Discovery help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of VictoryShares Discovery Enhanced. We use our internally-developed statistical techniques to arrive at the intrinsic value of VictoryShares Discovery Enhanced 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 Discovery's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9333 | |||
| Information Ratio | 0.0243 | |||
| Maximum Drawdown | 7.81 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.95 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VictoryShares Discovery Enhanced. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of VictoryShares Discovery 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 Discovery's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares Discovery'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 VictoryShares Discovery's market value can be influenced by many factors that don't directly affect VictoryShares Discovery'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 VictoryShares Discovery's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares Discovery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares Discovery'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.