Centennial Wealth Advisory LLC Sells 3,560 Shares of VictoryShares USAA Core Short-Term Bond ETF
USTB Etf | USD 50.43 0.03 0.06% |
About 56% of VictoryShares USAA's investor base is looking to short. The current sentiment regarding investing in VictoryShares USAA Core etf implies that many traders are alarmed. The current market sentiment, together with VictoryShares USAA's historical and current headlines, can help investors time the market. In addition, many technical investors use VictoryShares USAA Core etf news signals to limit their universe of possible portfolio assets.
VictoryShares |
Centennial Wealth Advisory LLC decreased its stake in VictoryShares USAA Core Short-Term Bond ETF by 4.1 percent in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission . The institutional investor owned 82,488 shares of the companys stock after selling 3,560 shares during the period.
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VictoryShares USAA Fundamental Analysis
We analyze VictoryShares USAA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VictoryShares USAA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VictoryShares USAA 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
VictoryShares USAA is currently under evaluation in probability of bankruptcy as compared to similar ETFs. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
VictoryShares USAA Core Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with VictoryShares USAA etf to make a market-neutral strategy. Peer analysis of VictoryShares USAA could also be used in its relative valuation, which is a method of valuing VictoryShares USAA by comparing valuation metrics with similar companies.
Peers
VictoryShares USAA Related Equities
VCLT | Vanguard Long | 0.82 | ||||
VCIT | Vanguard Intermediate | 0.44 | ||||
BIV | Vanguard Intermediate | 0.35 | ||||
BSV | Vanguard Short | 0.18 | ||||
VGSH | Vanguard Short | 0.12 |
Check out VictoryShares USAA Hype Analysis, VictoryShares USAA Correlation and VictoryShares USAA Performance. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of VictoryShares USAA Core 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 USAA's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares USAA'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 USAA's market value can be influenced by many factors that don't directly affect VictoryShares USAA'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 USAA's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares USAA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares USAA'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.