Victoryshares Westend Global Etf Performance
| GLOW Etf | USD 26.85 0.20 0.75% |
The entity has a beta of 0.72, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VictoryShares WestEnd's returns are expected to increase less than the market. However, during the bear market, the loss of holding VictoryShares WestEnd is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in VictoryShares WestEnd Global are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, VictoryShares WestEnd is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
1 | Glow Lifetech Announces Non-Brokered Private Placement Offering of Units and Debt Settlement | 11/05/2024 |
2 | Acquisition by Peri Steven B of 5000 shares of VictoryShares WestEnd at 2.0 subject to Rule 16b-3 | 11/07/2024 |
3 | Acquisition by Lusk James S of 117647 shares of VictoryShares WestEnd at 0.34 subject to Rule 16b-3 | 11/22/2024 |
4 | Glow Lifetech Announces Closing of Non-Brokered Private Placement Offering of Units and Debt Settlement | 11/29/2024 |
VictoryShares |
VictoryShares WestEnd Relative Risk vs. Return Landscape
If you would invest 2,557 in VictoryShares WestEnd Global on September 2, 2024 and sell it today you would earn a total of 128.00 from holding VictoryShares WestEnd Global or generate 5.01% return on investment over 90 days. VictoryShares WestEnd Global is currently generating 0.0784% in daily expected returns and assumes 0.6452% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than VictoryShares, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
VictoryShares WestEnd Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VictoryShares WestEnd's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VictoryShares WestEnd Global, and traders can use it to determine the average amount a VictoryShares WestEnd'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 = 0.1215
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Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average VictoryShares WestEnd is performing at about 9% of its full potential. 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 WestEnd by adding it to a well-diversified portfolio.
VictoryShares WestEnd Fundamentals Growth
VictoryShares Etf prices reflect investors' perceptions of the future prospects and financial health of VictoryShares WestEnd, and VictoryShares WestEnd 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.
| Return On Equity | -1.0E-4 | |||
| Return On Asset | -1.0E-4 | |||
| Profit Margin | (0.0001) % | |||
| Operating Margin | (90.99) % | |||
| Current Valuation | 4.02 M | |||
| Shares Outstanding | 5.14 M | |||
| Price To Earning | 1.95 X | |||
| Price To Book | 0.96 X | |||
| Price To Sales | 0.48 X | |||
| Revenue | 10.82 M | |||
| EBITDA | (1.29 M) | |||
| Cash And Equivalents | 987 K | |||
| Cash Per Share | 0.19 X | |||
| Total Debt | 71 K | |||
| Debt To Equity | 1.30 % | |||
| Book Value Per Share | 2.18 X | |||
| Cash Flow From Operations | (1.43 M) | |||
| Earnings Per Share | (1.14) X | |||
| Total Asset | 61.5 M | |||
| Retained Earnings | (172.53 M) | |||
| Current Asset | 46.89 M | |||
| Current Liabilities | 19.07 M |
About VictoryShares WestEnd Performance
Evaluating VictoryShares WestEnd's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if VictoryShares WestEnd 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 WestEnd has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Glowpoint, Inc., through its subsidiary, Oblong Industries, Inc., provides various technologies that enhance the way people work, create, and communicate. It serves Fortune 500 and 1000 companies, as well as small and medium sized enterprises in a range of industries. Glowpoint operates under Telecom Services classification in USA and is traded on BATS Exchange.| The company reported the previous year's revenue of 10.82 M. Net Loss for the year was (5.69 M) with profit before overhead, payroll, taxes, and interest of 12.75 M. | |
| VictoryShares WestEnd Global currently holds about 987 K in cash with (1.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19. | |
| Roughly 33.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Glow Lifetech Announces Closing of Non-Brokered Private Placement Offering of Units and Debt Settlement |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VictoryShares WestEnd Global. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of VictoryShares WestEnd 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 WestEnd's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares WestEnd'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 WestEnd's market value can be influenced by many factors that don't directly affect VictoryShares WestEnd'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 WestEnd's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares WestEnd is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares WestEnd'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.