Victoryshares Westend Global Etf Price on October 23, 2024
GLOW Etf | USD 26.85 0.20 0.75% |
If you're considering investing in VictoryShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of VictoryShares WestEnd stands at 26.85, as last reported on the 1st of December, with the highest price reaching 26.85 and the lowest price hitting 26.85 during the day. At this stage we consider VictoryShares Etf to be very steady. VictoryShares WestEnd owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the etf had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for VictoryShares WestEnd Global, which you can use to evaluate the volatility of the etf. Please validate VictoryShares WestEnd's Semi Deviation of 0.6071, coefficient of variation of 1099.66, and Risk Adjusted Performance of 0.0682 to confirm if the risk estimate we provide is consistent with the expected return of 0.0784%.
VictoryShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VictoryShares |
Sharpe Ratio = 0.1215
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Cash | GLOW | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average VictoryShares WestEnd 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 WestEnd by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 119.7 K |
VictoryShares WestEnd Valuation on October 23, 2024
It is possible to determine the worth of VictoryShares WestEnd on a given historical date. On October 23, 2024 VictoryShares was worth 26.08 at the beginning of the trading date compared to the closed value of 26.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VictoryShares WestEnd etf. Still, in general, we apply an absolute valuation method to find VictoryShares WestEnd's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of VictoryShares WestEnd where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VictoryShares WestEnd's related companies.
Open | High | Low | Close | Volume | |
26.27 | 26.33 | 26.25 | 26.30 | 2,900 | |
10/23/2024 | 26.08 | 26.08 | 26.08 | 26.08 | 1,100 |
26.15 | 26.17 | 26.15 | 26.17 | 200.00 |
Backtest VictoryShares WestEnd | | | VictoryShares WestEnd History | | | VictoryShares WestEnd Valuation | Previous | Next |
VictoryShares WestEnd Trading Date Momentum on October 23, 2024
On October 24 2024 VictoryShares WestEnd Global was traded for 26.17 at the closing time. The top price for the day was 26.17 and the lowest listed price was 26.15 . The trading volume for the day was 200. The trading history from October 24, 2024 was a factor to the next trading day price increase. The overall trading delta against the next closing price was 0.35% . The trading price change against the current closing price is 0.96% . |
VictoryShares WestEnd Fundamentals Correlations and Trends
By evaluating VictoryShares WestEnd's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among VictoryShares WestEnd's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. VictoryShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About VictoryShares WestEnd Etf history
VictoryShares WestEnd investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for VictoryShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in VictoryShares WestEnd will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing VictoryShares WestEnd stock prices may prove useful in developing a viable investing in VictoryShares WestEnd
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VictoryShares WestEnd Etf Technical Analysis
VictoryShares WestEnd technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
VictoryShares WestEnd Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
VictoryShares WestEnd Global cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
VictoryShares WestEnd December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how VictoryShares WestEnd etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VictoryShares WestEnd shares will generate the highest return on investment. By undertsting and applying VictoryShares WestEnd etf market strength indicators, traders can identify VictoryShares WestEnd Global entry and exit signals to maximize returns
VictoryShares WestEnd Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VictoryShares WestEnd's price direction in advance. Along with the technical and fundamental analysis of VictoryShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of VictoryShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0682 | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | (0.11) | |||
Treynor Ratio | 0.072 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VictoryShares WestEnd Global. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of VictoryShares WestEnd 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 WestEnd's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares WestEnd'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 WestEnd's market value can be influenced by many factors that don't directly affect VictoryShares WestEnd'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 WestEnd's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares WestEnd is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares WestEnd'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.