Victoryshares Etf Performance
| CIZ Etf | USD 2.10 0.00 0.00% |
The entity has a beta of 12.85, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, VictoryShares will likely underperform.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in VictoryShares are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. In spite of fairly fragile forward indicators, VictoryShares showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| In Threey Sharp Ratio | -0.07 |
VictoryShares |
VictoryShares Relative Risk vs. Return Landscape
If you would invest 141.00 in VictoryShares on September 4, 2024 and sell it today you would earn a total of 69.00 from holding VictoryShares or generate 48.94% return on investment over 90 days. VictoryShares is generating 1.0911% of daily returns assuming volatility of 4.4667% on return distribution over 90 days investment horizon. In other words, 39% of etfs are less volatile than VictoryShares, and above 79% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
VictoryShares Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VictoryShares' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VictoryShares, and traders can use it to determine the average amount a VictoryShares' 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 = 0.2443
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.47 actual daily | 39 61% of assets are more volatile |
Expected Return
| 1.09 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average VictoryShares is performing at about 19% of its full potential. 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 by adding it to a well-diversified portfolio.
VictoryShares Fundamentals Growth
VictoryShares Etf prices reflect investors' perceptions of the future prospects and financial health of VictoryShares, and VictoryShares fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on VictoryShares Etf performance.
| Price To Earning | 16.15 X | |||
| Price To Book | 1.58 X | |||
| Price To Sales | 1.16 X | |||
| Total Asset | 37.36 M | |||
About VictoryShares Performance
Evaluating VictoryShares' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if VictoryShares has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if VictoryShares has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80 percent of its assets directly or indirectly in the securities included in the Nasdaq Victory International 500 LongCash Volatility Weighted Index, an unmanaged, volatility weighted index maintained exclusively by the index provider. Victory Dev is traded on NASDAQ Exchange in the United States.| VictoryShares is not yet fully synchronised with the market data | |
| VictoryShares appears to be risky and price may revert if volatility continues | |
| The fund holds most of the assets under management (AUM) in different types of exotic instruments. |
Check out Trending Equities 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 gross domestic product. 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 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' value that differs from its market value or its book value, called intrinsic value, which is VictoryShares' 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' market value can be influenced by many factors that don't directly affect VictoryShares' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares' 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.