Victoryshares Etf Three Year Return
VictoryShares fundamentals help investors to digest information that contributes to VictoryShares' 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' 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 etf.
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VictoryShares ETF Three Year Return Analysis
VictoryShares' Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current VictoryShares Three Year Return | (2.10) % |
Most of VictoryShares' fundamental indicators, such as Three Year Return, 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 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
CompetitionBased on the latest financial disclosure, VictoryShares has a Three Year Return of -2.1%. This is much lower than that of the Victory Capital family and significantly lower than that of the Mid-Cap Growth category. The three year return for all United States etfs is notably higher than that of the company.
VictoryShares Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VictoryShares' direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of VictoryShares could also be used in its relative valuation, which is a method of valuing VictoryShares by comparing valuation metrics of similar companies.VictoryShares is currently under evaluation in three year return as compared to similar ETFs.
Fund Asset Allocation for VictoryShares
The fund invests 99.94% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides VictoryShares' 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.
VictoryShares Fundamentals
| Beta | 1.16 | |||
| Total Asset | 91.75 M | |||
| One Year Return | 38.80 % | |||
| Three Year Return | (2.10) % | |||
| Net Asset | 91.75 M | |||
| Last Dividend Paid | 0.0139 | |||
| Equity Positions Weight | 99.94 % |
Pair Trading with VictoryShares
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 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 will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Illinois Tool could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Illinois Tool 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 Illinois Tool - 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 Illinois Tool Works to buy it.
The correlation of Illinois Tool 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 Illinois Tool moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Illinois Tool Works 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 Illinois Tool 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.Check out Your Equity Center 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 producer price index. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Other Tools for VictoryShares Etf
When running VictoryShares' price analysis, check to measure VictoryShares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VictoryShares is operating at the current time. Most of VictoryShares' value examination focuses on studying past and present price action to predict the probability of VictoryShares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VictoryShares' price. Additionally, you may evaluate how the addition of VictoryShares to your portfolios can decrease your overall portfolio volatility.
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