Victoryshares Discovery Enhanced Etf Performance
| CSF Etf | USD 52.32 0.26 0.49% |
The entity has a beta of 1.02, which indicates a somewhat significant risk relative to the market. VictoryShares Discovery returns are very sensitive to returns on the market. As the market goes up or down, VictoryShares Discovery is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days VictoryShares Discovery Enhanced has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, VictoryShares Discovery is not utilizing all of its potentials. The recent stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| In Threey Sharp Ratio | -0.32 |
VictoryShares |
VictoryShares Discovery Relative Risk vs. Return Landscape
If you would invest 5,475 in VictoryShares Discovery Enhanced on December 28, 2024 and sell it today you would lose (243.00) from holding VictoryShares Discovery Enhanced or give up 4.44% of portfolio value over 90 days. VictoryShares Discovery Enhanced is generating negative expected returns assuming volatility of 1.0532% on return distribution over 90 days investment horizon. In other words, 9% of etfs are less volatile than VictoryShares, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
VictoryShares Discovery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VictoryShares Discovery's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VictoryShares Discovery Enhanced, and traders can use it to determine the average amount a VictoryShares Discovery's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0666
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| Negative Returns | CSF |
Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VictoryShares Discovery is not performing at its full potential. However, 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 Discovery by adding VictoryShares Discovery to a well-diversified portfolio.
VictoryShares Discovery Fundamentals Growth
VictoryShares Etf prices reflect investors' perceptions of the future prospects and financial health of VictoryShares Discovery, and VictoryShares Discovery fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on VictoryShares Etf performance.
| Price To Earning | 20.37 X | |||
| Price To Book | 2.18 X | |||
| Price To Sales | 1.12 X | |||
| Total Asset | 76.06 M | |||
About VictoryShares Discovery Performance
By analyzing VictoryShares Discovery's fundamental ratios, stakeholders can gain valuable insights into VictoryShares Discovery's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if VictoryShares Discovery has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if VictoryShares Discovery has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80 percent of its assets directly or indirectly in the securities included in the Nasdaq Victory US Small Cap 500 LongCash Volatility Weighted Index. Victory US is traded on NASDAQ Exchange in the United States.| VictoryShares Discovery generated a negative expected return over the last 90 days | |
| The fund generated three year return of -3.0% | |
| VictoryShares Discovery holds most of the assets under management (AUM) in different types of exotic instruments. |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VictoryShares Discovery Enhanced. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of VictoryShares Discovery 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 Discovery's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares Discovery'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 Discovery's market value can be influenced by many factors that don't directly affect VictoryShares Discovery'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 Discovery's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares Discovery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares Discovery'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.