VictoryShares International Price To Earning vs. Beta
| CIDDelisted Etf | USD 31,800 4,600 16.91% |
For VictoryShares International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of VictoryShares International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well VictoryShares International High utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between VictoryShares International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of VictoryShares International High over time as well as its relative position and ranking within its peers.
VictoryShares |
VictoryShares International Beta vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining VictoryShares International's current stock value. Our valuation model uses many indicators to compare VictoryShares International value to that of its competitors to determine the firm's financial worth. VictoryShares International High is the top ETF in price to earning as compared to similar ETFs. It also is the top ETF in beta as compared to similar ETFs totaling about 0.06 of Beta per Price To Earning. The ratio of Price To Earning to Beta for VictoryShares International High is roughly 15.44 . Comparative valuation analysis is a catch-all technique that is used if you cannot value VictoryShares International 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 Beta vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
VictoryShares International |
| = | 14.05 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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 International |
| = | 0.91 |
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.
VictoryShares Beta Comparison
VictoryShares International is currently under evaluation in beta as compared to similar ETFs.
Beta Analysis
VictoryShares International returns are very sensitive to returns on the market. As the market goes up or down, VictoryShares International is expected to follow.
VictoryShares International Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in VictoryShares International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, VictoryShares International will eventually generate negative long term returns. The profitability progress is the general direction of VictoryShares International's change in net profit over the period of time. It can combine multiple indicators of VictoryShares International, 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, under normal market conditions, at least 80 percent of its assets directly or indirectly in the securities included in the Nasdaq Victory International High Dividend 100 Volatility Weighted Index, an unmanaged, volatility weighted index maintained exclusively by the index provider. Victory Intl 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 International. 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 International 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 International's important profitability drivers and their relationship over time.
Use VictoryShares International 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 International 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 International will appreciate offsetting losses from the drop in the long position's value.VictoryShares International Pair Trading
VictoryShares International High Pair Trading Analysis
The ability to find closely correlated positions to VictoryShares International 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 International 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 International - 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 International High to buy it.
The correlation of VictoryShares International 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 International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VictoryShares International 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 International 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 International position
In addition to having VictoryShares International 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 Military Industrial Thematic Idea Now
Military Industrial
A collection of large United States defense contractors including companies involved in production or distribution of aircraft, ships, vehicles, weaponry, and electronic systems in cooperation with the government. The Military Industrial theme has 46 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 Military Industrial Theme or any other thematic opportunities.
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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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Other Consideration for investing in VictoryShares Etf
If you are still planning to invest in VictoryShares International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the VictoryShares International's history and understand the potential risks before investing.
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