Victory Portfolios Ii Etf Fundamentals
| UBND Etf | USD 21.67 0.02 0.09% |
Victory Portfolios II fundamentals help investors to digest information that contributes to Victory Portfolios' financial success or failures. It also enables traders to predict the movement of Victory Etf. The fundamental analysis module provides a way to measure Victory Portfolios' 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 Victory Portfolios etf.
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Victory Portfolios II ETF Beta Analysis
Victory Portfolios' 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 Victory Portfolios Beta | 0.95 |
Most of Victory Portfolios' 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, Victory Portfolios II 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.
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In accordance with the recently published financial statements, Victory Portfolios II has a Beta of 0.95. This is much higher than that of the Victory Capital family and significantly higher than that of the Intermediate Core-Plus Bond category. The beta for all United States etfs is notably lower than that of the firm.
Victory Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Victory Portfolios' 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 Victory Portfolios could also be used in its relative valuation, which is a method of valuing Victory Portfolios by comparing valuation metrics of similar companies.Victory Portfolios is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for Victory Portfolios
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds.Asset allocation divides Victory Portfolios' 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.
Victory Portfolios returns are very sensitive to returns on the market. As the market goes up or down, Victory Portfolios is expected to follow.
Victory Fundamentals
| Number Of Employees | 373 | |||
| Beta | 0.95 | |||
| Total Asset | 208.12 M | |||
| One Year Return | 6.00 % | |||
| Three Year Return | 0.50 % | |||
| Net Asset | 208.12 M | |||
| Last Dividend Paid | 0.12 | |||
| Bond Positions Weight | 9.03 % |
About Victory Portfolios Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Victory Portfolios II's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Victory Portfolios using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Victory Portfolios II 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.Under normal circumstances, the fund invests at least 80 percent of its net assets in debt securities and in derivatives and other instruments that have economic characteristics similar to such securities. Victoryshares ESG is traded on NASDAQ Exchange in the United States.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Victory Portfolios is a strong investment it is important to analyze Victory Portfolios' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Victory Portfolios' future performance. For an informed investment choice regarding Victory Etf, refer to the following important reports:Check out Victory Portfolios Piotroski F Score and Victory Portfolios Altman Z Score analysis. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of Victory Portfolios is measured differently than its book value, which is the value of Victory that is recorded on the company's balance sheet. Investors also form their own opinion of Victory Portfolios' value that differs from its market value or its book value, called intrinsic value, which is Victory Portfolios' 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 Victory Portfolios' market value can be influenced by many factors that don't directly affect Victory Portfolios' 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 Victory Portfolios' value and its price as these two are different measures arrived at by different means. Investors typically determine if Victory Portfolios is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Victory Portfolios' 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.