Victoryshares 500 Volatility Etf Market Value
| CFA Etf | USD 90.87 0.14 0.15% |
| Symbol | VictoryShares |
The market value of VictoryShares 500 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 500's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares 500'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 500's market value can be influenced by many factors that don't directly affect VictoryShares 500'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 500's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares 500 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares 500'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.
VictoryShares 500 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to VictoryShares 500's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of VictoryShares 500.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in VictoryShares 500 on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding VictoryShares 500 Volatility or generate 0.0% return on investment in VictoryShares 500 over 30 days. VictoryShares 500 is related to or competes with JPMorgan BetaBuilders, JPMorgan Core, JPMorgan BetaBuilders, and JPMorgan Emerging. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80 percent of ... More
VictoryShares 500 Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure VictoryShares 500's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess VictoryShares 500 Volatility upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5722 | |||
| Information Ratio | 0.0049 | |||
| Maximum Drawdown | 3.71 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 1.07 |
VictoryShares 500 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VictoryShares 500's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VictoryShares 500's standard deviation. In reality, there are many statistical measures that can use VictoryShares 500 historical prices to predict the future VictoryShares 500's volatility.| Risk Adjusted Performance | 0.1472 | |||
| Jensen Alpha | 0.0218 | |||
| Total Risk Alpha | 0.0151 | |||
| Sortino Ratio | 0.006 | |||
| Treynor Ratio | 0.1462 |
VictoryShares 500 Backtested Returns
At this point, VictoryShares 500 is very steady. VictoryShares 500 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the etf had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for VictoryShares 500 Volatility, which you can use to evaluate the volatility of the etf. Please validate VictoryShares 500's Coefficient Of Variation of 515.61, semi deviation of 0.3332, and Risk Adjusted Performance of 0.1472 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. The entity has a beta of 0.85, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VictoryShares 500's returns are expected to increase less than the market. However, during the bear market, the loss of holding VictoryShares 500 is expected to be smaller as well.
Auto-correlation | 0.96 |
Excellent predictability
VictoryShares 500 Volatility has excellent predictability. Overlapping area represents the amount of predictability between VictoryShares 500 time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of VictoryShares 500 price movement. The serial correlation of 0.96 indicates that 96.0% of current VictoryShares 500 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.96 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 1.45 |
VictoryShares 500 lagged returns against current returns
Autocorrelation, which is VictoryShares 500 etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting VictoryShares 500's etf expected returns. We can calculate the autocorrelation of VictoryShares 500 returns to help us make a trade decision. For example, suppose you find that VictoryShares 500 has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
VictoryShares 500 regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If VictoryShares 500 etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VictoryShares 500 etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VictoryShares 500 etf over time.
Current vs Lagged Prices |
| Timeline |
VictoryShares 500 Lagged Returns
When evaluating VictoryShares 500's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VictoryShares 500 etf have on its future price. VictoryShares 500 autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, VictoryShares 500 autocorrelation shows the relationship between VictoryShares 500 etf current value and its past values and can show if there is a momentum factor associated with investing in VictoryShares 500 Volatility.
Regressed Prices |
| Timeline |
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.When determining whether VictoryShares 500 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VictoryShares 500's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Victoryshares 500 Volatility Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Victoryshares 500 Volatility Etf:Check out VictoryShares 500 Correlation, VictoryShares 500 Volatility and VictoryShares 500 Alpha and Beta module to complement your research on VictoryShares 500. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
VictoryShares 500 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.