Vident Core Equity Etf Performance
| VUSE Etf | USD 61.08 0.40 0.66% |
The entity has a beta of 0.98, which indicates possible diversification benefits within a given portfolio. Vident Core returns are very sensitive to returns on the market. As the market goes up or down, Vident Core is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Vident Core Equity are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of rather inconsistent basic indicators, Vident Core may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
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| In Threey Sharp Ratio | 0.43 |
Vident |
Vident Core Relative Risk vs. Return Landscape
If you would invest 5,562 in Vident Core Equity on August 24, 2024 and sell it today you would earn a total of 546.00 from holding Vident Core Equity or generate 9.82% return on investment over 90 days. Vident Core Equity is currently generating 0.1499% in daily expected returns and assumes 0.8366% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than Vident, and 98% 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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Vident Core Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vident Core's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Vident Core Equity, and traders can use it to determine the average amount a Vident Core'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 = 0.1791
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Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Vident Core is performing at about 14% 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 Vident Core by adding it to a well-diversified portfolio.
Vident Core Fundamentals Growth
Vident Etf prices reflect investors' perceptions of the future prospects and financial health of Vident Core, and Vident Core 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 Vident Etf performance.
| Price To Earning | 16.45 X | |||
| Price To Book | 1.68 X | |||
| Price To Sales | 0.67 X | |||
| Total Asset | 422.33 M | |||
About Vident Core Performance
By analyzing Vident Core's fundamental ratios, stakeholders can gain valuable insights into Vident Core's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Vident Core 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 Vident Core 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, at least 80 percent of the funds total assets will be invested in the component securities of the index. Vident Core is traded on NYSEARCA Exchange in the United States.| Latest headline from finance.yahoo.com: Is Vident U.S. Equity Strategy ETF a Strong ETF Right Now | |
| The fund keeps 99.75% of its net assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vident Core 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 state. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of Vident Core Equity is measured differently than its book value, which is the value of Vident that is recorded on the company's balance sheet. Investors also form their own opinion of Vident Core's value that differs from its market value or its book value, called intrinsic value, which is Vident Core'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 Vident Core's market value can be influenced by many factors that don't directly affect Vident Core'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 Vident Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vident Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vident Core'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.