Victoryshares Nasdaq Next Etf Cash Position Weight
| QQQNDelisted Etf | USD 31.65 0.00 0.00% |
VictoryShares Nasdaq Next fundamentals help investors to digest information that contributes to VictoryShares Nasdaq'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 Nasdaq'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 Nasdaq etf.
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VictoryShares Nasdaq Next ETF Cash Position Weight Analysis
VictoryShares Nasdaq's Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
CompetitionIn accordance with the recently published financial statements, VictoryShares Nasdaq Next has 0.0% in Cash Position Weight. This indicator is about the same for the Victory Capital average (which is currently at 0.0) family and about the same as Mid-Cap Growth (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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Fund Asset Allocation for VictoryShares Nasdaq
The fund invests 99.94% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides VictoryShares Nasdaq'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 Fundamentals
| Beta | 1.16 | |||
| Total Asset | 91.75 M | |||
| One Year Return | 38.80 % | |||
| Three Year Return | (2.10) % | |||
| Net Asset | 91.75 M | |||
| Last Dividend Paid | 0.0139 | |||
| Equity Positions Weight | 99.94 % |
About VictoryShares Nasdaq Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VictoryShares Nasdaq Next's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VictoryShares Nasdaq using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VictoryShares Nasdaq Next 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.
Pair Trading with VictoryShares Nasdaq
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VictoryShares Nasdaq position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VictoryShares Nasdaq will appreciate offsetting losses from the drop in the long position's value.Moving together with VictoryShares Etf
| 0.87 | VOT | Vanguard Mid Cap | PairCorr |
| 0.88 | IWP | iShares Russell Mid | PairCorr |
| 0.83 | ARKK | ARK Innovation ETF | PairCorr |
| 0.8 | IJK | iShares SP Mid | PairCorr |
| 0.87 | JKH | iShares Morningstar Mid | PairCorr |
The ability to find closely correlated positions to VictoryShares Nasdaq could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VictoryShares Nasdaq when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VictoryShares Nasdaq - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VictoryShares Nasdaq Next to buy it.
The correlation of VictoryShares Nasdaq is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VictoryShares Nasdaq moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VictoryShares Nasdaq Next moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for VictoryShares Nasdaq can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center 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 producer price index. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Other Consideration for investing in VictoryShares Etf
If you are still planning to invest in VictoryShares Nasdaq Next 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 Nasdaq's history and understand the potential risks before investing.
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