Victoryshares Discovery Enhanced Etf Price on December 2, 2024
| CSF Etf | USD 58.32 0.11 0.19% |
Below is the normalized historical share price chart for VictoryShares Discovery Enhanced extending back to August 01, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of VictoryShares Discovery stands at 58.32, as last reported on the 11th of December 2024, with the highest price reaching 58.74 and the lowest price hitting 58.32 during the day.
If you're considering investing in VictoryShares Etf, it is important to understand the factors that can impact its price. At this point, VictoryShares Discovery is very steady. VictoryShares Discovery owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the etf had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for VictoryShares Discovery Enhanced, which you can use to evaluate the volatility of the etf. Please validate VictoryShares Discovery's Coefficient Of Variation of 613.25, semi deviation of 0.5516, and Risk Adjusted Performance of 0.1219 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
VictoryShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 14.96 | 200 Day MA 52.3231 | 1 y Volatility 17.66 | 50 Day MA 56.1735 | Inception Date 2014-07-31 |
VictoryShares |
Sharpe Ratio = 0.1558
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Estimated Market Risk
| 1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average VictoryShares Discovery is performing at about 12% 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 Discovery by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 3.8 K |
Related Headline
IShares ESG Headline on 2nd of December 2024
iShares ESG 1-5 Year USD Corporate Bond ETF declares 0.0838 ... by seekingalpha.com
iShares ESG 1-5 Year USD Corporate Bond ETF declares 0.0838share monthly dividend with a 4.05 percent forward yield. Payable Dec.
VictoryShares Discovery Valuation on December 2, 2024
It is possible to determine the worth of VictoryShares Discovery on a given historical date. On December 2, 2024 VictoryShares was worth 59.74 at the beginning of the trading date compared to the closed value of 59.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VictoryShares Discovery etf. Still, in general, we apply an absolute valuation method to find VictoryShares Discovery's 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 Discovery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VictoryShares Discovery's related companies.
| Open | High | Low | Close | Volume | |
| 59.62 | 59.62 | 59.62 | 59.62 | 100.00 | |
12/02/2024 | 59.74 | 59.74 | 59.74 | 59.74 | 87.00 |
| 59.31 | 59.31 | 59.31 | 59.31 | 309.00 |
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VictoryShares Discovery Trading Date Momentum on December 2, 2024
| On December 03 2024 VictoryShares Discovery Enhanced was traded for 59.31 at the closing time. Highest VictoryShares Discovery's price during the trading hours was 59.31 and the lowest price during the day was 59.31 . The net volume was 309. The overall trading history on the 3rd of December contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.72% . The trading price change to current price is 1.67% . |
VictoryShares Discovery Fundamentals Correlations and Trends
By evaluating VictoryShares Discovery's 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 Discovery's 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 Discovery Etf history
VictoryShares Discovery 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 Discovery 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 Discovery stock prices may prove useful in developing a viable investing in VictoryShares Discovery
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.
VictoryShares Discovery Etf Technical Analysis
VictoryShares Discovery 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 Discovery Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
VictoryShares Discovery Enhanced 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 Discovery December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how VictoryShares Discovery 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 Discovery shares will generate the highest return on investment. By undertsting and applying VictoryShares Discovery etf market strength indicators, traders can identify VictoryShares Discovery Enhanced entry and exit signals to maximize returns
VictoryShares Discovery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VictoryShares Discovery's 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 | 0.1219 | |||
| Jensen Alpha | 0.018 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0958 | |||
| Treynor Ratio | 0.1264 |
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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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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.