Victoryshares Etf Performance
| QQQN Etf | USD 31.65 0.00 0.00% |
The entity has a beta of -0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning VictoryShares are expected to decrease at a much lower rate. During the bear market, VictoryShares is likely to outperform the market.
Risk-Adjusted Performance
22 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in VictoryShares are ranked lower than 22 (%) of all global equities and portfolios over the last 90 days. In spite of very weak basic indicators, VictoryShares displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| In Threey Sharp Ratio | -0.09 |
VictoryShares |
VictoryShares Relative Risk vs. Return Landscape
If you would invest 2,889 in VictoryShares on September 5, 2024 and sell it today you would earn a total of 276.00 from holding VictoryShares or generate 9.55% return on investment over 90 days. VictoryShares is currently generating 0.244% in daily expected returns and assumes 0.8557% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than VictoryShares, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
VictoryShares Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VictoryShares' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VictoryShares, and traders can use it to determine the average amount a VictoryShares' 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 = 0.2851
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Estimated Market Risk
| 0.86 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average VictoryShares is performing at about 22% 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 by adding it to a well-diversified portfolio.
VictoryShares Fundamentals Growth
VictoryShares Etf prices reflect investors' perceptions of the future prospects and financial health of VictoryShares, and VictoryShares 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.
| Total Asset | 91.75 M | |||
About VictoryShares Performance
By examining VictoryShares' fundamental ratios, stakeholders can obtain critical insights into VictoryShares' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that VictoryShares is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund seeks to achieve its investment objective by investing at least 80 percent of its assets in securities in the index. Victoryshares Nasdaq is traded on NASDAQ Exchange in the United States.| VictoryShares is not yet fully synchronised with the market data | |
| The fund created three year return of -2.0% | |
| VictoryShares maintains 99.94% of its assets in stocks |
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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of VictoryShares 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' value that differs from its market value or its book value, called intrinsic value, which is VictoryShares' 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' market value can be influenced by many factors that don't directly affect VictoryShares' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares' 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.