Victoryshares Hedged Equity Etf Performance
| HEJD Etf | 26.52 0.09 0.34% |
The entity has a beta of 0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VictoryShares Hedged's returns are expected to increase less than the market. However, during the bear market, the loss of holding VictoryShares Hedged is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in VictoryShares Hedged Equity are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound forward-looking indicators, VictoryShares Hedged is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | VictoryShares Hedged Equity Income ETF Plans Monthly Dividend of 0.04 | 11/08/2024 |
VictoryShares |
VictoryShares Hedged Relative Risk vs. Return Landscape
If you would invest 2,569 in VictoryShares Hedged Equity on September 1, 2024 and sell it today you would earn a total of 83.00 from holding VictoryShares Hedged Equity or generate 3.23% return on investment over 90 days. VictoryShares Hedged Equity is currently generating 0.0505% in daily expected returns and assumes 0.41% 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 Hedged Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VictoryShares Hedged's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VictoryShares Hedged Equity, and traders can use it to determine the average amount a VictoryShares Hedged'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 = 0.1232
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Estimated Market Risk
| 0.41 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average VictoryShares Hedged is performing at about 9% 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 Hedged by adding it to a well-diversified portfolio.
About VictoryShares Hedged Performance
By analyzing VictoryShares Hedged's fundamental ratios, stakeholders can gain valuable insights into VictoryShares Hedged's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if VictoryShares Hedged 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 Hedged has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
VictoryShares Hedged is entity of United States. It is traded as Etf on NASDAQ exchange.| Latest headline from thelincolnianonline.com: VictoryShares Hedged Equity Income ETF Plans Monthly Dividend of 0.04 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VictoryShares Hedged Equity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of VictoryShares Hedged 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 Hedged's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares Hedged'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 Hedged's market value can be influenced by many factors that don't directly affect VictoryShares Hedged'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 Hedged's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares Hedged is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares Hedged'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.