Victoryshares Hedged Equity Etf Price on August 16, 2024
| HEJD Etf | 26.52 0.09 0.34% |
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 Hedged stands at 26.52, as last reported on the 30th of November, with the highest price reaching 26.52 and the lowest price hitting 26.52 during the day. At this point, VictoryShares Hedged is very steady. VictoryShares Hedged owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the etf had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for VictoryShares Hedged Equity, which you can use to evaluate the volatility of the etf. Please validate VictoryShares Hedged's Semi Deviation of 0.3071, risk adjusted performance of 0.0887, and Coefficient Of Variation of 788.34 to confirm if the risk estimate we provide is consistent with the expected return of 0.0505%.
VictoryShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VictoryShares |
Sharpe Ratio = 0.1232
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | HEJD | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.41 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average VictoryShares Hedged is performing at about 9% 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 Hedged by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 11.6 K | Market Capitalisation {Big=, Small=, Mega=, Medium=, Micro=} |
VictoryShares Hedged Valuation on August 16, 2024
It is possible to determine the worth of VictoryShares Hedged on a given historical date. On August 16, 2024 VictoryShares was worth 25.7 at the beginning of the trading date compared to the closed value of 25.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VictoryShares Hedged etf. Still, in general, we apply an absolute valuation method to find VictoryShares Hedged'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 Hedged where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VictoryShares Hedged's related companies.
| Open | High | Low | Close | Volume | |
| 25.62 | 25.62 | 25.62 | 25.62 | 1.00 | |
08/16/2024 | 25.70 | 25.70 | 25.70 | 25.70 | 100.00 |
| 25.85 | 25.85 | 25.85 | 25.85 | 100.00 |
| Backtest VictoryShares Hedged | | | VictoryShares Hedged History | | | VictoryShares Hedged Valuation | Previous | Next |
VictoryShares Hedged Trading Date Momentum on August 16, 2024
| On August 19 2024 VictoryShares Hedged Equity was traded for 25.85 at the closing time. The top price for the day was 25.85 and the lowest listed price was 25.85 . The trading volume for the day was 100.0. The trading history from August 19, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.58% . The trading price change against the current closing price is 0.12% . |
About VictoryShares Hedged Etf history
VictoryShares Hedged 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 Hedged 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 Hedged stock prices may prove useful in developing a viable investing in VictoryShares Hedged
VictoryShares Hedged Etf Technical Analysis
VictoryShares Hedged 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 Hedged Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
VictoryShares Hedged Equity 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 Hedged November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how VictoryShares Hedged 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 Hedged shares will generate the highest return on investment. By undertsting and applying VictoryShares Hedged etf market strength indicators, traders can identify VictoryShares Hedged Equity entry and exit signals to maximize returns
VictoryShares Hedged Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VictoryShares Hedged'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 | 0.0887 | |||
| Jensen Alpha | (0.0002) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | 0.127 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VictoryShares Hedged Equity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation. 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 Hedged 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 Hedged's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares Hedged'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 Hedged's market value can be influenced by many factors that don't directly affect VictoryShares Hedged'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 Hedged's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares Hedged is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares Hedged'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.