Victoryshares Esg Corporate Etf Price on August 30, 2024
| UCRD Etf | USD 21.50 0.12 0.56% |
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 ESG stands at 21.50, as last reported on the 30th of November, with the highest price reaching 21.50 and the lowest price hitting 21.50 during the day. At this point, VictoryShares ESG is very steady. VictoryShares ESG owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0063, which indicates the etf had a 0.0063% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for VictoryShares ESG Corporate, which you can use to evaluate the volatility of the etf. Please validate VictoryShares ESG's Risk Adjusted Performance of (0.01), coefficient of variation of 16338.03, and Semi Deviation of 0.279 to confirm if the risk estimate we provide is consistent with the expected return of 0.0019%.
VictoryShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VictoryShares |
Sharpe Ratio = 0.0063
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| Negative Returns | UCRD |
Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VictoryShares ESG is not performing at its full potential. However, 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 ESG by adding VictoryShares ESG to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
VictoryShares ESG Valuation on August 30, 2024
It is possible to determine the worth of VictoryShares ESG on a given historical date. On August 30, 2024 VictoryShares was worth 21.42 at the beginning of the trading date compared to the closed value of 21.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VictoryShares ESG etf. Still, in general, we apply an absolute valuation method to find VictoryShares ESG'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 ESG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VictoryShares ESG's related companies.
| Open | High | Low | Close | Volume | |
| 21.44 | 21.44 | 21.44 | 21.44 | 100.00 | |
08/30/2024 | 21.42 | 21.42 | 21.41 | 21.41 | 100.00 |
| 21.46 | 21.49 | 21.46 | 21.48 | 300.00 |
| Backtest VictoryShares ESG | | | VictoryShares ESG History | | | VictoryShares ESG Valuation | Previous | Next |
VictoryShares ESG Trading Date Momentum on August 30, 2024
| On September 03 2024 VictoryShares ESG Corporate was traded for 21.48 at the closing time. The top price for the day was 21.49 and the lowest listed price was 21.46 . The trading volume for the day was 300. The trading history from September 3, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 0.33% . The trading price change against the current closing price is 1.35% . |
VictoryShares ESG Fundamentals Correlations and Trends
By evaluating VictoryShares ESG'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 ESG'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 ESG Etf history
VictoryShares ESG 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 ESG 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 ESG stock prices may prove useful in developing a viable investing in VictoryShares ESG
Under normal circumstances, the fund invests at least 80 percent of its net assets in corporate bonds, and in related derivatives and other instruments that have economic characteristics similar to corporate bonds. Victoryshares ESG is traded on NASDAQ Exchange in the United States.
VictoryShares ESG Etf Technical Analysis
VictoryShares ESG 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 ESG Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
VictoryShares ESG Corporate 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 ESG November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how VictoryShares ESG 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 ESG shares will generate the highest return on investment. By undertsting and applying VictoryShares ESG etf market strength indicators, traders can identify VictoryShares ESG Corporate entry and exit signals to maximize returns
VictoryShares ESG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VictoryShares ESG'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 | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.45) | |||
| Treynor Ratio | 1.98 |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VictoryShares ESG Corporate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of VictoryShares ESG 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 ESG's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares ESG'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 ESG's market value can be influenced by many factors that don't directly affect VictoryShares ESG'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 ESG's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares ESG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares ESG'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.