Victoryshares Dividend Accelerator Etf Market Value

VSDA Etf  USD 54.42  0.59  1.10%   
VictoryShares Dividend's market value is the price at which a share of VictoryShares Dividend trades on a public exchange. It measures the collective expectations of VictoryShares Dividend Accelerator investors about its performance. VictoryShares Dividend is trading at 54.42 as of the 24th of November 2024, a 1.10 percent increase since the beginning of the trading day. The etf's open price was 53.83.
With this module, you can estimate the performance of a buy and hold strategy of VictoryShares Dividend Accelerator and determine expected loss or profit from investing in VictoryShares Dividend over a given investment horizon. Check out VictoryShares Dividend Correlation, VictoryShares Dividend Volatility and VictoryShares Dividend Alpha and Beta module to complement your research on VictoryShares Dividend.
Symbol

The market value of VictoryShares Dividend 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 Dividend's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares Dividend'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 Dividend's market value can be influenced by many factors that don't directly affect VictoryShares Dividend'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 Dividend's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares Dividend is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares Dividend'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 Dividend '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 Dividend'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 Dividend.
0.00
12/05/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
11/24/2024
0.00
If you would invest  0.00  in VictoryShares Dividend on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding VictoryShares Dividend Accelerator or generate 0.0% return on investment in VictoryShares Dividend over 720 days. VictoryShares Dividend is related to or competes with Morningstar Unconstrained, High-yield Municipal, Via Renewables, Knife River, Klckner Co, CarMax, and SEI Investments. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80 percent of ... More

VictoryShares Dividend 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 Dividend'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 Dividend Accelerator upside and downside potential and time the market with a certain degree of confidence.

VictoryShares Dividend Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for VictoryShares Dividend's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VictoryShares Dividend's standard deviation. In reality, there are many statistical measures that can use VictoryShares Dividend historical prices to predict the future VictoryShares Dividend's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of VictoryShares Dividend's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
53.8554.4655.07
Details
Intrinsic
Valuation
LowRealHigh
53.4254.0354.64
Details
Naive
Forecast
LowNextHigh
53.7954.3955.00
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
53.6754.2254.77
Details

VictoryShares Dividend Backtested Returns

At this point, VictoryShares Dividend is very steady. VictoryShares Dividend owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the etf had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for VictoryShares Dividend Accelerator, which you can use to evaluate the volatility of the etf. Please validate VictoryShares Dividend's Semi Deviation of 0.3771, coefficient of variation of 599.37, and Risk Adjusted Performance of 0.1255 to confirm if the risk estimate we provide is consistent with the expected return of 0.0855%. The entity has a beta of 0.65, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VictoryShares Dividend's returns are expected to increase less than the market. However, during the bear market, the loss of holding VictoryShares Dividend is expected to be smaller as well.

Auto-correlation

    
  -0.32  

Poor reverse predictability

VictoryShares Dividend Accelerator has poor reverse predictability. Overlapping area represents the amount of predictability between VictoryShares Dividend time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Dividend price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current VictoryShares Dividend price fluctuation can be explain by its past prices.
Correlation Coefficient-0.32
Spearman Rank Test-0.14
Residual Average0.0
Price Variance5.91

VictoryShares Dividend lagged returns against current returns

Autocorrelation, which is VictoryShares Dividend 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 Dividend's etf expected returns. We can calculate the autocorrelation of VictoryShares Dividend returns to help us make a trade decision. For example, suppose you find that VictoryShares Dividend 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 Dividend 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 Dividend etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VictoryShares Dividend etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VictoryShares Dividend etf over time.
   Current vs Lagged Prices   
       Timeline  

VictoryShares Dividend Lagged Returns

When evaluating VictoryShares Dividend's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VictoryShares Dividend etf have on its future price. VictoryShares Dividend 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 Dividend autocorrelation shows the relationship between VictoryShares Dividend etf current value and its past values and can show if there is a momentum factor associated with investing in VictoryShares Dividend Accelerator.
   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 Dividend offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VictoryShares Dividend'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 Dividend Accelerator Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Victoryshares Dividend Accelerator Etf:
Check out VictoryShares Dividend Correlation, VictoryShares Dividend Volatility and VictoryShares Dividend Alpha and Beta module to complement your research on VictoryShares Dividend.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
VictoryShares Dividend 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.
A focus of VictoryShares Dividend technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of VictoryShares Dividend trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...