Victoryshares Westend Economic Etf Performance
| BMDL Etf | 25.30 0.11 0.44% |
The entity has a beta of -0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning VictoryShares WestEnd are expected to decrease at a much lower rate. During the bear market, VictoryShares WestEnd is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days VictoryShares WestEnd Economic has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent fundamental indicators, VictoryShares WestEnd is not utilizing all of its potentials. The newest stock price mess, may contribute to short-term losses for the institutional investors. ...more
1 | Where are the Opportunities in - Stock Traders Daily | 11/19/2024 |
VictoryShares |
VictoryShares WestEnd Relative Risk vs. Return Landscape
If you would invest 2,568 in VictoryShares WestEnd Economic on September 1, 2024 and sell it today you would lose (38.00) from holding VictoryShares WestEnd Economic or give up 1.48% of portfolio value over 90 days. VictoryShares WestEnd Economic is currently does not generate positive expected returns and assumes 0.3706% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of etfs are less volatile than VictoryShares, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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VictoryShares WestEnd Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VictoryShares WestEnd's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VictoryShares WestEnd Economic, and traders can use it to determine the average amount a VictoryShares WestEnd's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.061
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| Negative Returns | BMDL |
Estimated Market Risk
| 0.37 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VictoryShares WestEnd is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of VictoryShares WestEnd by adding VictoryShares WestEnd to a well-diversified portfolio.
About VictoryShares WestEnd Performance
By examining VictoryShares WestEnd's fundamental ratios, stakeholders can obtain critical insights into VictoryShares WestEnd's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that VictoryShares WestEnd is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
VictoryShares WestEnd is entity of United States. It is traded as Etf on NASDAQ exchange.| VictoryShares WestEnd generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Where are the Opportunities in - Stock Traders Daily |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VictoryShares WestEnd Economic. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of VictoryShares WestEnd 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 WestEnd's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares WestEnd'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 WestEnd's market value can be influenced by many factors that don't directly affect VictoryShares WestEnd'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 WestEnd's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares WestEnd is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares WestEnd'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.