Victoryshares Large Cap Etf Fundamentals
| CDL Etf | USD 67.87 0.58 0.86% |
VictoryShares Large Cap fundamentals help investors to digest information that contributes to VictoryShares Large's financial success or failures. It also enables traders to predict the movement of VictoryShares Etf. The fundamental analysis module provides a way to measure VictoryShares Large's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to VictoryShares Large etf.
VictoryShares |
VictoryShares Large Cap ETF Beta Analysis
VictoryShares Large's 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.
Current VictoryShares Large Beta | 0.78 |
Most of VictoryShares Large's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, VictoryShares Large Cap is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
In accordance with the recently published financial statements, VictoryShares Large Cap has a Beta of 0.78. This is much higher than that of the Victory Capital family and significantly higher than that of the Large Value category. The beta for all United States etfs is notably lower than that of the firm.
VictoryShares Large Cap Fundamental Drivers Relationships
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. You can analyze the relationship between different fundamental ratios across VictoryShares Large competition to find correlations between indicators driving VictoryShares Large's intrinsic value. More Info.VictoryShares Large Cap is the top ETF in price to earning as compared to similar ETFs. It also is the top ETF in price to book as compared to similar ETFs fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for VictoryShares Large Cap is roughly 7.94 . 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 Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VictoryShares Large's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of VictoryShares Large could also be used in its relative valuation, which is a method of valuing VictoryShares Large by comparing valuation metrics of similar companies.VictoryShares Large is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for VictoryShares Large
The fund invests 99.95% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides VictoryShares Large's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
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 Fundamentals
| Price To Earning | 16.68 X | |||
| Price To Book | 2.10 X | |||
| Price To Sales | 1.30 X | |||
| Earnings Per Share | (0.69) X | |||
| Beta | 0.78 | |||
| Total Asset | 285.74 M | |||
| One Year Return | 15.20 % | |||
| Three Year Return | 6.50 % | |||
| Five Year Return | 19.50 % | |||
| Net Asset | 285.74 M | |||
| Last Dividend Paid | 0.17 | |||
| Equity Positions Weight | 99.95 % |
About VictoryShares Large Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VictoryShares Large Cap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VictoryShares Large using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VictoryShares Large Cap based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out VictoryShares Large Piotroski F Score and VictoryShares Large Altman Z Score analysis. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.