Victoryshares Esg Corporate Etf Performance
| UCRD Etf | USD 21.32 0.03 0.14% |
The entity has a beta of -0.0039, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning VictoryShares ESG are expected to decrease at a much lower rate. During the bear market, VictoryShares ESG is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days VictoryShares ESG Corporate has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, VictoryShares ESG is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | Objective longshort Report - Stock Traders Daily | 11/19/2024 |
| In Threey Sharp Ratio | -0.55 |
VictoryShares |
VictoryShares ESG Relative Risk vs. Return Landscape
If you would invest 2,144 in VictoryShares ESG Corporate on August 29, 2024 and sell it today you would lose (12.00) from holding VictoryShares ESG Corporate or give up 0.56% of portfolio value over 90 days. VictoryShares ESG Corporate is currently does not generate positive expected returns and assumes 0.299% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% 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 |
| Risk |
VictoryShares ESG Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VictoryShares ESG's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VictoryShares ESG Corporate, and traders can use it to determine the average amount a VictoryShares ESG'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 = -0.0278
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| Negative Returns | UCRD |
Estimated Market Risk
| 0.3 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VictoryShares ESG 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 ESG by adding VictoryShares ESG to a well-diversified portfolio.
VictoryShares ESG Fundamentals Growth
VictoryShares Etf prices reflect investors' perceptions of the future prospects and financial health of VictoryShares ESG, and VictoryShares ESG 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.
| Total Asset | 98.47 M | |||
About VictoryShares ESG Performance
By analyzing VictoryShares ESG's fundamental ratios, stakeholders can gain valuable insights into VictoryShares ESG's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if VictoryShares ESG 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 ESG has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Under normal circumstances, the fund invests at least 80 percent of its net assets in corporate bonds, and in related derivatives and other instruments that have economic characteristics similar to corporate bonds. Victoryshares ESG is traded on NASDAQ Exchange in the United States.| VictoryShares ESG generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Objective longshort Report - Stock Traders Daily | |
| The fund created three year return of -2.0% | |
| VictoryShares ESG keeps about 14.05% of its net assets in bonds |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VictoryShares ESG Corporate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of VictoryShares ESG 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 ESG's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares ESG'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 ESG's market value can be influenced by many factors that don't directly affect VictoryShares ESG'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 ESG's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares ESG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares ESG'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.