Viix Etf Profile
VIIX is trading at 3.15 as of the 4th of October 2024; that is No Change since the beginning of the trading day. The etf's open price was 3.15. Equity ratings for VIIX are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of October 2022 and ending today, the 4th of October 2024. Click here to learn more.
VIIX Etf Highlights
| Old Name | VelocityShares VIX Short-Term ETN |
| Business Concentration | Trading--Miscellaneous, Credit Suisse AG (View all Sectors) |
| Country Name | USA |
| Name | VelocityShares VIX Short-Term ETN |
| Currency Code | USD |
| In Threey Volatility | 55.56 |
| 1y Volatility | 40.08 |
| 200 Day M A | 20.5891 |
| 50 Day M A | 11.9101 |
| Code | VIIX |
| Updated At | 30th of November 2023 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (1.36) |
| Type | ETF |
VIIX [VIIX] is traded in USA and was established 2010-11-29. The fund is listed under Trading--Miscellaneous category and is part of Credit Suisse AG family. VIIX at this time have 50.95 M in net assets. , while the total return for the last 3 years was 23.2%.
Check VIIX Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on VIIX Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding VIIX Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as VIIX Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
VIIX Risk Profiles
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 VIIX. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 2.29 | |||
| Standard Deviation | 2.95 | |||
| Variance | 8.73 | |||
| Risk Adjusted Performance | (0.19) |
VIIX Against Markets
VIIX Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with VIIX etf to make a market-neutral strategy. Peer analysis of VIIX could also be used in its relative valuation, which is a method of valuing VIIX by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Additional Information and Resources on Investing in VIIX Etf
When determining whether VIIX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VIIX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Viix Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Viix Etf:Check out World Market Map 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of VIIX is measured differently than its book value, which is the value of VIIX that is recorded on the company's balance sheet. Investors also form their own opinion of VIIX's value that differs from its market value or its book value, called intrinsic value, which is VIIX'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 VIIX's market value can be influenced by many factors that don't directly affect VIIX'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 VIIX's value and its price as these two are different measures arrived at by different means. Investors typically determine if VIIX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VIIX'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.