Victoryshares Hedged Equity Etf One Year Return
| HEJD Etf | 26.52 0.09 0.34% |
VictoryShares Hedged Equity fundamentals help investors to digest information that contributes to VictoryShares Hedged'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 Hedged'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 Hedged etf.
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VictoryShares Hedged Equity ETF One Year Return Analysis
VictoryShares Hedged's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, VictoryShares Hedged Equity has an One Year Return of 0.0%. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Equity Hedged (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
VictoryShares One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VictoryShares Hedged's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of VictoryShares Hedged could also be used in its relative valuation, which is a method of valuing VictoryShares Hedged by comparing valuation metrics of similar companies.VictoryShares Hedged is currently under evaluation in one year return as compared to similar ETFs.
About VictoryShares Hedged Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VictoryShares Hedged Equity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VictoryShares Hedged using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VictoryShares Hedged Equity 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.
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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.When determining whether VictoryShares Hedged is a strong investment it is important to analyze VictoryShares Hedged's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VictoryShares Hedged's future performance. For an informed investment choice regarding VictoryShares Etf, refer to the following important reports:Check out VictoryShares Hedged Piotroski F Score and VictoryShares Hedged Altman Z Score analysis. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.