Victoryshares International High Etf Fundamentals
| CIDDelisted Etf | USD 31,800 4,600 16.91% |
VictoryShares International High fundamentals help investors to digest information that contributes to VictoryShares International's financial success or failures. It also enables traders to predict the movement of VictoryShares Etf. The fundamental analysis module provides a way to measure VictoryShares International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to VictoryShares International etf.
VictoryShares |
VictoryShares International High ETF Beta Analysis
VictoryShares International's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current VictoryShares International Beta | 0.91 |
Most of VictoryShares International's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, VictoryShares International High is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CompetitionIn accordance with the recently published financial statements, VictoryShares International High has a Beta of 0.91. This is much higher than that of the Victory Capital family and significantly higher than that of the Foreign Large Value category. The beta for all United States etfs is notably lower than that of the firm.
VictoryShares International Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VictoryShares International's current stock value. Our valuation model uses many indicators to compare VictoryShares International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VictoryShares International competition to find correlations between indicators driving VictoryShares International's intrinsic value. More Info.VictoryShares International High 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 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for VictoryShares International High is roughly 8.46 . Comparative valuation analysis is a catch-all technique that is used if you cannot value VictoryShares International 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 Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VictoryShares International's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of VictoryShares International could also be used in its relative valuation, which is a method of valuing VictoryShares International by comparing valuation metrics of similar companies.VictoryShares International is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for VictoryShares International
The fund invests 99.88% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides VictoryShares International's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
VictoryShares International returns are very sensitive to returns on the market. As the market goes up or down, VictoryShares International is expected to follow.
VictoryShares Fundamentals
| Price To Earning | 14.05 X | |||
| Price To Book | 1.66 X | |||
| Price To Sales | 1.02 X | |||
| Beta | 0.91 | |||
| Total Asset | 13.74 M | |||
| One Year Return | 21.60 % | |||
| Three Year Return | 6.40 % | |||
| Five Year Return | 5.30 % | |||
| Net Asset | 13.74 M | |||
| Last Dividend Paid | 0.19 | |||
| Equity Positions Weight | 99.88 % |
About VictoryShares International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VictoryShares International High's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VictoryShares International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VictoryShares International High based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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 High Dividend 100 Volatility Weighted Index, an unmanaged, volatility weighted index maintained exclusively by the index provider. Victory Intl is traded on NASDAQ Exchange in the United States.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Transaction History module to view history of all your transactions and understand their impact on performance.
Other Consideration for investing in VictoryShares Etf
If you are still planning to invest in VictoryShares International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the VictoryShares International's history and understand the potential risks before investing.
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