Victoryshares Westend Sector Etf Profile
| MODL Etf | USD 35.35 0.33 0.94% |
Performance5 of 100
| Odds Of DistressLess than 9
|
VictoryShares WestEnd is selling for 35.35 as of the 7th of May 2024. This is a 0.94 percent up since the beginning of the trading day. The etf's lowest day price was 35.15. VictoryShares WestEnd has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for VictoryShares WestEnd Sector are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of April 2024 and ending today, the 7th of May 2024. Click here to learn more.
The fund, under normal circumstances, invests at least 80 percent of its assets in the shares of ETFs that primarily invest in U.S. equity securities of companies that are classified in one or more of the following sectors published by The GICS Communication Services Consumer Discretionary Consumer Staples Energy Financials Health Care Industrials Information Technology Materials Real Estate and Utilities. The company has 48.96 M outstanding shares of which 2.43 M shares are now shorted by private and institutional investors with about 1.6 trading days to cover. More on VictoryShares WestEnd Sector
Moving together with VictoryShares Etf
| 0.66 | VTI | Vanguard Total Stock | PairCorr |
| 0.72 | SPY | SPDR SP 500 Aggressive Push | PairCorr |
| 0.65 | IVV | iShares Core SP | PairCorr |
| 0.85 | VIG | Vanguard Dividend | PairCorr |
| 0.87 | VV | Vanguard Large Cap | PairCorr |
| 0.83 | RSP | Invesco SP 500 | PairCorr |
| 0.97 | IWB | iShares Russell 1000 | PairCorr |
VictoryShares Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. VictoryShares WestEnd's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding VictoryShares WestEnd or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Strategy ETFs (View all Themes) |
| Business Concentration | Strategy ETFs, Large Blend, Victory Capital, Healthcare Information Services, Technology (View all Sectors) |
| Issuer | VictoryShares |
| Inception Date | 2022-10-11 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 335.17 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Alpha-Seeking |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Victory Capital Management Inc. |
| Advisor | Victory Capital Management Inc. |
| Custodian | Citibank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Fitz Porter, Ned Durden, Ty Peebles |
| Transfer Agent | Citibank, N.A. |
| Fiscal Year End | 30-Jun |
| Exchange | NASDAQ |
| Number of Constituents | 351 |
| Market Maker | Jane Street |
| Total Expense | 0.68 |
| Management Fee | 0.4 |
| 200 Day M A | 32.3526 |
| Country Name | USA |
| 50 Day M A | 34.9763 |
| Code | MODL |
| Updated At | 6th of May 2024 |
| Name | VictoryShares WestEnd U.S. Sector ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01B07M986 |
| Type | ETF |
VictoryShares WestEnd Sector [MODL] is traded in USA and was established 2022-10-11. The fund is listed under Large Blend category and is part of Victory Capital family. The entity is thematically classified as Strategy ETFs. VictoryShares WestEnd now have in assets.
VictoryShares WestEnd Sector currently holds about 29.56 M in cash with 56.27 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.68.
Check VictoryShares WestEnd Probability Of Bankruptcy
Geographic Allocation (%)
VictoryShares WestEnd Target Price Odds Analysis
Proceeding from a normal probability distribution, the odds of VictoryShares WestEnd jumping above the current price in 90 days from now is about 15.37%. The VictoryShares WestEnd Sector probability density function shows the probability of VictoryShares WestEnd etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days VictoryShares WestEnd has a beta of 0.0606. This indicates as returns on the market go up, VictoryShares WestEnd average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding VictoryShares WestEnd Sector will be expected to be much smaller as well. Additionally, victoryShares WestEnd Sector has an alpha of 0.0372, implying that it can generate a 0.0372 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of VictoryShares WestEnd to move above the current price in 90 days from now is about 15.37 (This VictoryShares WestEnd Sector probability density function shows the probability of VictoryShares Etf to fall within a particular range of prices over 90 days) .
VictoryShares WestEnd Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. VictoryShares WestEnd market risk premium is the additional return an investor will receive from holding VictoryShares WestEnd long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VictoryShares WestEnd. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although VictoryShares WestEnd's alpha and beta are two of the key measurements used to evaluate VictoryShares WestEnd's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.044 | |||
| Jensen Alpha | 0.0372 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.03) |
VictoryShares WestEnd Against Markets
Picking the right benchmark for VictoryShares WestEnd etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in VictoryShares WestEnd etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for VictoryShares WestEnd is critical whether you are bullish or bearish towards VictoryShares WestEnd Sector at a given time. Please also check how VictoryShares WestEnd's historical prices are related to one of the top price index indicators.
Be your own money manager
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| All Next | Launch Module |
How to buy VictoryShares Etf?
Before investing in VictoryShares WestEnd, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in VictoryShares WestEnd. To buy VictoryShares WestEnd etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of VictoryShares WestEnd. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase VictoryShares WestEnd etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located VictoryShares WestEnd Sector etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased VictoryShares WestEnd Sector etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as VictoryShares WestEnd Sector, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy VictoryShares Etf please use our How to Invest in VictoryShares WestEnd guide.
Already Invested in VictoryShares WestEnd Sector?
The danger of trading VictoryShares WestEnd Sector is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of VictoryShares WestEnd is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than VictoryShares WestEnd. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile VictoryShares WestEnd is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether VictoryShares WestEnd is a strong investment it is important to analyze VictoryShares WestEnd's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VictoryShares WestEnd's future performance. For an informed investment choice regarding VictoryShares Etf, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in VictoryShares WestEnd Sector. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the VictoryShares WestEnd information on this page should be used as a complementary analysis to other VictoryShares WestEnd's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.