VictoryShares 500 Beta vs. Price To Book
| CFO Etf | USD 71.41 0.34 0.47% |
For VictoryShares 500 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of VictoryShares 500 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well VictoryShares 500 Enhanced utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between VictoryShares 500's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of VictoryShares 500 Enhanced over time as well as its relative position and ranking within its peers.
VictoryShares |
The market value of VictoryShares 500 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 500's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares 500'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 500's market value can be influenced by many factors that don't directly affect VictoryShares 500'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 500's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares 500 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares 500'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.
VictoryShares 500 Price To Book vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining VictoryShares 500's current stock value. Our valuation model uses many indicators to compare VictoryShares 500 value to that of its competitors to determine the firm's financial worth. VictoryShares 500 Enhanced is the top ETF in beta as compared to similar ETFs. It also is the top ETF in price to book as compared to similar ETFs fabricating about 4.39 of Price To Book per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the VictoryShares 500's earnings, one of the primary drivers of an investment's value.VictoryShares Price To Book vs. Beta
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.
VictoryShares 500 |
| = | 0.62 |
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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
VictoryShares 500 |
| = | 2.72 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
VictoryShares Price To Book Comparison
VictoryShares 500 is currently under evaluation in price to book as compared to similar ETFs.
Beta Analysis
As returns on the market increase, VictoryShares 500's returns are expected to increase less than the market. However, during the bear market, the loss of holding VictoryShares 500 is expected to be smaller as well.
VictoryShares 500 Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in VictoryShares 500, profitability is also one of the essential criteria for including it into their portfolios because, without profit, VictoryShares 500 will eventually generate negative long term returns. The profitability progress is the general direction of VictoryShares 500's change in net profit over the period of time. It can combine multiple indicators of VictoryShares 500, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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 Large Cap 500 LongCash Volatility Weighted Index, an unmanaged, volatility weighted index maintained exclusively by the index provider. Victory US is traded on NASDAQ Exchange in the United States.
VictoryShares Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on VictoryShares 500. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of VictoryShares 500 position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the VictoryShares 500's important profitability drivers and their relationship over time.
Use VictoryShares 500 in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VictoryShares 500 position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VictoryShares 500 will appreciate offsetting losses from the drop in the long position's value.VictoryShares 500 Pair Trading
VictoryShares 500 Enhanced Pair Trading Analysis
The ability to find closely correlated positions to VictoryShares 500 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VictoryShares 500 when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VictoryShares 500 - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VictoryShares 500 Enhanced to buy it.
The correlation of VictoryShares 500 is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VictoryShares 500 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VictoryShares 500 moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for VictoryShares 500 can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your VictoryShares 500 position
In addition to having VictoryShares 500 in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Emerging Markets ETFs theme has 29 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Emerging Markets ETFs Theme or any other thematic opportunities.
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To fully project VictoryShares 500's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of VictoryShares 500 at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include VictoryShares 500's income statement, its balance sheet, and the statement of cash flows.