VictoryShares Large Beta vs. Net Asset
The market value of VictoryShares Large Cap 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 Large's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares Large'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 Large's market value can be influenced by many factors that don't directly affect VictoryShares Large'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 Large's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares Large is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares Large'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.
VictoryShares Large Cap Net Asset vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining VictoryShares Large's current stock value. Our valuation model uses many indicators to compare VictoryShares Large value to that of its competitors to determine the firm's financial worth. VictoryShares Large Cap is the top ETF in beta as compared to similar ETFs. It also is the top ETF in net asset as compared to similar ETFs making up about 420,205,882 of Net Asset per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value VictoryShares Large by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.VictoryShares Net Asset vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
VictoryShares Large |
| = | 0.68 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
VictoryShares Large |
| = | 285.74 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
VictoryShares Net Asset Comparison
VictoryShares Large is currently under evaluation in net asset as compared to similar ETFs.
Beta Analysis
As returns on the market increase, VictoryShares Large's returns are expected to increase less than the market. However, during the bear market, the loss of holding VictoryShares Large is expected to be smaller as well.
VictoryShares Large Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in VictoryShares Large, profitability is also one of the essential criteria for including it into their portfolios because, without profit, VictoryShares Large will eventually generate negative long term returns. The profitability progress is the general direction of VictoryShares Large's change in net profit over the period of time. It can combine multiple indicators of VictoryShares Large, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund seeks to achieve its investment objective by investing at least 80 percent of its assets directly or indirectly in the securities included in the Nasdaq Victory US Large Cap High Dividend 100 Volatility Weighted Index. Victory US is traded on NASDAQ Exchange in the United States.
VictoryShares Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on VictoryShares Large. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of VictoryShares Large position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the VictoryShares Large's important profitability drivers and their relationship over time.
VictoryShares Large Earnings per Share Projection vs Actual
Use VictoryShares Large in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VictoryShares Large position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VictoryShares Large will appreciate offsetting losses from the drop in the long position's value.VictoryShares Large Pair Trading
VictoryShares Large Cap Pair Trading Analysis
The ability to find closely correlated positions to VictoryShares Large could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VictoryShares Large when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VictoryShares Large - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VictoryShares Large Cap to buy it.
The correlation of VictoryShares Large is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VictoryShares Large moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VictoryShares Large Cap moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for VictoryShares Large can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your VictoryShares Large position
In addition to having VictoryShares Large in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Target Outcome ETFs Thematic Idea Now
Target Outcome ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Target Outcome ETFs theme has 86 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Target Outcome ETFs Theme or any other thematic opportunities.
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To fully project VictoryShares Large's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of VictoryShares Large Cap at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include VictoryShares Large's income statement, its balance sheet, and the statement of cash flows.