Viix Etf Fundamentals
VIIX fundamentals help investors to digest information that contributes to VIIX's financial success or failures. It also enables traders to predict the movement of VIIX Etf. The fundamental analysis module provides a way to measure VIIX'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 VIIX etf.
VIIX |
VIIX ETF Beta Analysis
VIIX'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 VIIX Beta | 26.78 |
Most of VIIX'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, VIIX 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.
CompetitionIn accordance with the recently published financial statements, VIIX has a Beta of 26.78. This is much higher than that of the Credit Suisse AG family and significantly higher than that of the Trading--Miscellaneous category. The beta for all United States etfs is notably lower than that of the firm.
VIIX Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VIIX'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 VIIX could also be used in its relative valuation, which is a method of valuing VIIX by comparing valuation metrics of similar companies.VIIX is rated fifth in beta as compared to similar ETFs.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, VIIX will likely underperform.
VIIX Fundamentals
| Number Of Employees | 164 | |||
| Beta | 26.78 | |||
| Total Asset | 50.95 M | |||
| Three Year Return | 23.20 % | |||
| Five Year Return | 0.40 % | |||
| Ten Year Return | (33.50) % | |||
| Net Asset | 50.95 M |
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.Check out World Market Map 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Other Tools for VIIX Etf
When running VIIX's price analysis, check to measure VIIX's 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 VIIX is operating at the current time. Most of VIIX's value examination focuses on studying past and present price action to predict the probability of VIIX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VIIX's price. Additionally, you may evaluate how the addition of VIIX to your portfolios can decrease your overall portfolio volatility.
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