Victoryshares Etf Technical Analysis
| CIZ Etf | USD 2.10 0.00 0.00% |
As of the 14th of December 2024, VictoryShares has the Risk Adjusted Performance of 0.0969, coefficient of variation of 834.49, and Semi Deviation of 11.29. VictoryShares technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the etf's future prices.
VictoryShares Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as VictoryShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VictorySharesVictoryShares |
VictoryShares technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
VictoryShares Technical Analysis
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VictoryShares Trend Analysis
Use this graph to draw trend lines for VictoryShares. You can use it to identify possible trend reversals for VictoryShares as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual VictoryShares price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.VictoryShares Best Fit Change Line
The following chart estimates an ordinary least squares regression model for VictoryShares applied against its price change over selected period. The best fit line has a slop of 0.01 , which may imply that the returns on investment in VictoryShares will continue to fail. It has 122 observation points and a regression sum of squares at 5.98, which is the sum of squared deviations for the predicted VictoryShares price change compared to its average price change.About VictoryShares Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of VictoryShares on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of VictoryShares based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on VictoryShares price pattern first instead of the macroeconomic environment surrounding VictoryShares. By analyzing VictoryShares's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of VictoryShares's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to VictoryShares specific price patterns or momentum indicators. Please read more on our technical analysis page.
VictoryShares December 14, 2024 Technical Indicators
Most technical analysis of VictoryShares help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for VictoryShares from various momentum indicators to cycle indicators. When you analyze VictoryShares charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Overlap Studies | ||
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0969 | |||
| Market Risk Adjusted Performance | (1.75) | |||
| Mean Deviation | 63.08 | |||
| Semi Deviation | 11.29 | |||
| Downside Deviation | 25.76 | |||
| Coefficient Of Variation | 834.49 | |||
| Standard Deviation | 260.49 | |||
| Variance | 67856.89 | |||
| Information Ratio | 0.1194 | |||
| Jensen Alpha | 32.8 | |||
| Total Risk Alpha | (1.17) | |||
| Sortino Ratio | 1.21 | |||
| Treynor Ratio | (1.76) | |||
| Maximum Drawdown | 2208.49 | |||
| Value At Risk | (4.95) | |||
| Potential Upside | 10.26 | |||
| Downside Variance | 663.49 | |||
| Semi Variance | 127.42 | |||
| Expected Short fall | (169.21) | |||
| Skewness | 8.09 | |||
| Kurtosis | 65.68 |
Check out Trending Equities 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.
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.