Victoryshares Thb Mid Etf Volatility
| MDCP Etf | USD 27.09 0.16 0.59% |
VictoryShares THB Mid owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0808, which indicates the etf had a -0.0808 % return per unit of risk over the last 3 months. VictoryShares THB Mid exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VictoryShares THB's risk adjusted performance of (0.06), and Standard Deviation of 0.8822 to confirm the risk estimate we provide. Key indicators related to VictoryShares THB's volatility include:
90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
VictoryShares THB Etf volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of VictoryShares daily returns, and it is calculated using variance and standard deviation. We also use VictoryShares's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of VictoryShares THB volatility.
VictoryShares |
VictoryShares THB Mid Etf Volatility Analysis
Volatility refers to the frequency at which VictoryShares THB etf price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with VictoryShares THB's price changes. Investors will then calculate the volatility of VictoryShares THB's etf to predict their future moves. A etf that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A etf with relatively stable price changes has low volatility. A highly volatile etf is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of VictoryShares THB's volatility:
Historical Volatility
This type of etf volatility measures VictoryShares THB's fluctuations based on previous trends. It's commonly used to predict VictoryShares THB's future behavior based on its past. However, it cannot conclusively determine the future direction of the etf.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for VictoryShares THB's current market price. This means that the etf will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on VictoryShares THB's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. VictoryShares THB Mid Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
VictoryShares THB Projected Return Density Against Market
Given the investment horizon of 90 days VictoryShares THB has a beta that is very close to zero . This indicates the returns on DOW JONES INDUSTRIAL and VictoryShares THB do not appear to be sensible.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to VictoryShares THB or Victory Capital sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that VictoryShares THB's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a VictoryShares etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
It does not look like VictoryShares THB's alpha can have any bearing on the current valuation. Predicted Return Density |
| Returns |
What Drives a VictoryShares THB Price Volatility?
Several factors can influence a etf's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.VictoryShares THB Etf Risk Measures
Given the investment horizon of 90 days the coefficient of variation of VictoryShares THB is -1237.59. The daily returns are distributed with a variance of 0.78 and standard deviation of 0.88. The mean deviation of VictoryShares THB Mid is currently at 0.73. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.89
α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.88 | |
Ir | Information ratio | 0.00 |
VictoryShares THB Etf Return Volatility
VictoryShares THB historical daily return volatility represents how much of VictoryShares THB etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The ETF inherits 0.8828% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.8357% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About VictoryShares THB Volatility
Volatility is a rate at which the price of VictoryShares THB or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of VictoryShares THB may increase or decrease. In other words, similar to VictoryShares's beta indicator, it measures the risk of VictoryShares THB and helps estimate the fluctuations that may happen in a short period of time. So if prices of VictoryShares THB fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.The adviser pursues the funds investment objective by investing, under normal circumstances, at least 80 percent of its assets in equity securities of mid-cap companies. Victoryshares Thb is traded on NASDAQ Exchange in the United States.
VictoryShares THB's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on VictoryShares Etf over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much VictoryShares THB's price varies over time.
3 ways to utilize VictoryShares THB's volatility to invest better
Higher VictoryShares THB's etf volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of VictoryShares THB Mid etf is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. VictoryShares THB Mid etf volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of VictoryShares THB Mid investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in VictoryShares THB's etf can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of VictoryShares THB's etf relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
VictoryShares THB Investment Opportunity
VictoryShares THB Mid has a volatility of 0.88 and is 1.05 times more volatile than Dow Jones Industrial. 7 percent of all equities and portfolios are less risky than VictoryShares THB. You can use VictoryShares THB Mid to protect your portfolios against small market fluctuations. The etf experiences a moderate downward daily trend and can be a good diversifier. Check odds of VictoryShares THB to be traded at $26.55 in 90 days.VictoryShares THB Additional Risk Indicators
The analysis of VictoryShares THB's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in VictoryShares THB's investment and either accepting that risk or mitigating it. Along with some common measures of VictoryShares THB etf's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | (0.06) | |||
| Mean Deviation | 0.7315 | |||
| Coefficient Of Variation | (1,539) | |||
| Standard Deviation | 0.8822 | |||
| Variance | 0.7782 | |||
| Total Risk Alpha | (0.0003) | |||
| Maximum Drawdown | 3.33 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential etfs, we recommend comparing similar etfs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
VictoryShares THB Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against VictoryShares THB as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. VictoryShares THB's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, VictoryShares THB's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to VictoryShares THB Mid.
When determining whether VictoryShares THB Mid is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if VictoryShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Victoryshares Thb Mid Etf. Highlighted below are key reports to facilitate an investment decision about Victoryshares Thb Mid Etf: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in VictoryShares THB Mid. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of VictoryShares THB Mid 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 THB's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares THB'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 THB's market value can be influenced by many factors that don't directly affect VictoryShares THB'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 THB's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares THB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares THB'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.