Victoryshares Etf Price on February 16, 2023
| CIZ Etf | USD 2.10 0.00 0.00% |
If you're considering investing in VictoryShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of VictoryShares stands at 2.10, as last reported on the 11th of December 2024, with the highest price reaching 2.10 and the lowest price hitting 2.07 during the day. VictoryShares appears to be very risky, given 3 months investment horizon. VictoryShares owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the etf had a 0.18% return per unit of risk over the last 3 months. By inspecting VictoryShares' technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please review VictoryShares' Coefficient Of Variation of 834.49, risk adjusted performance of 0.0965, and Semi Deviation of 11.29 to confirm if our risk estimates are consistent with your expectations.
VictoryShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VictoryShares |
Sharpe Ratio = 0.1806
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Estimated Market Risk
| 4.68 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.85 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average VictoryShares is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of VictoryShares by adding it to a well-diversified portfolio.
VictoryShares Valuation on February 16, 2023
It is possible to determine the worth of VictoryShares on a given historical date. On February 16, 2023 VictoryShares was worth 0.69 at the beginning of the trading date compared to the closed value of 0.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VictoryShares etf. Still, in general, we apply an absolute valuation method to find VictoryShares' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of VictoryShares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VictoryShares' related companies.
| Open | High | Low | Close | Volume | |
| 0.74 | 0.76 | 0.69 | 0.69 | 3,424,570 | |
02/16/2023 | 0.69 | 0.73 | 0.68 | 0.69 | 6,849,046 |
| 0.69 | 0.73 | 0.69 | 0.71 | 6,731,075 |
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VictoryShares Trading Date Momentum on February 16, 2023
| On February 17 2023 VictoryShares was traded for 0.71 at the closing time. Highest VictoryShares's price during the trading hours was 0.73 and the lowest price during the day was 0.69 . The net volume was 6.7 M. The overall trading history on the 17th of February 2023 contributed to the next trading period price jump. The overall trading delta to the next next day price was 2.90% . The trading price change to current price is 44.93% . |
VictoryShares Fundamentals Correlations and Trends
By evaluating VictoryShares' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among VictoryShares' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. VictoryShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About VictoryShares Etf history
VictoryShares investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for VictoryShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in VictoryShares will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing VictoryShares stock prices may prove useful in developing a viable investing in VictoryShares
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 International 500 LongCash Volatility Weighted Index, an unmanaged, volatility weighted index maintained exclusively by the index provider. Victory Dev is traded on NASDAQ Exchange in the United States.
VictoryShares Etf Technical Analysis
VictoryShares technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
VictoryShares Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
VictoryShares cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
VictoryShares December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how VictoryShares etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VictoryShares shares will generate the highest return on investment. By undertsting and applying VictoryShares etf market strength indicators, traders can identify VictoryShares entry and exit signals to maximize returns
VictoryShares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VictoryShares' price direction in advance. Along with the technical and fundamental analysis of VictoryShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of VictoryShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0965 | |||
| Jensen Alpha | 38.9 | |||
| Total Risk Alpha | (10.06) | |||
| Sortino Ratio | 1.21 | |||
| Treynor Ratio | (0.46) |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of VictoryShares 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.