Victoryshares Eq Income Etf Market Value
| CDC Etf | USD 64.30 0.23 0.36% |
| Symbol | VictoryShares |
The market value of VictoryShares EQ Income 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.
VictoryShares 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to VictoryShares' etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of VictoryShares.
| 05/04/2025 |
| 08/02/2025 |
If you would invest 0.00 in VictoryShares on May 4, 2025 and sell it all today you would earn a total of 0.00 from holding VictoryShares EQ Income or generate 0.0% return on investment in VictoryShares over 90 days. VictoryShares is related to or competes with VictoryShares 500, VictoryShares 500, and VictoryShares Small. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80 percent of ... More
VictoryShares Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure VictoryShares' etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess VictoryShares EQ Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8184 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 3.75 | |||
| Value At Risk | (1.00) | |||
| Potential Upside | 1.3 |
VictoryShares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VictoryShares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VictoryShares' standard deviation. In reality, there are many statistical measures that can use VictoryShares historical prices to predict the future VictoryShares' volatility.| Risk Adjusted Performance | 0.0812 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0939 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of VictoryShares' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
VictoryShares EQ Income Backtested Returns
At this point, VictoryShares is very steady. VictoryShares EQ Income owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0929, which indicates the etf had a 0.0929 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for VictoryShares EQ Income, which you can use to evaluate the volatility of the etf. Please validate VictoryShares' Coefficient Of Variation of 944.78, risk adjusted performance of 0.0812, and Semi Deviation of 0.6346 to confirm if the risk estimate we provide is consistent with the expected return of 0.0663%. The entity has a beta of 0.71, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VictoryShares' returns are expected to increase less than the market. However, during the bear market, the loss of holding VictoryShares is expected to be smaller as well.
Auto-correlation | 0.63 |
Good predictability
VictoryShares EQ Income has good predictability. Overlapping area represents the amount of predictability between VictoryShares time series from 4th of May 2025 to 18th of June 2025 and 18th of June 2025 to 2nd of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of VictoryShares EQ Income price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current VictoryShares price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.82 |
VictoryShares EQ Income lagged returns against current returns
Autocorrelation, which is VictoryShares etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting VictoryShares' etf expected returns. We can calculate the autocorrelation of VictoryShares returns to help us make a trade decision. For example, suppose you find that VictoryShares has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
VictoryShares regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If VictoryShares etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VictoryShares etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VictoryShares etf over time.
Current vs Lagged Prices |
| Timeline |
VictoryShares Lagged Returns
When evaluating VictoryShares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VictoryShares etf have on its future price. VictoryShares autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, VictoryShares autocorrelation shows the relationship between VictoryShares etf current value and its past values and can show if there is a momentum factor associated with investing in VictoryShares EQ Income.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether VictoryShares EQ Income offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VictoryShares' 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 Victoryshares Eq Income Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Victoryshares Eq Income Etf:Check out VictoryShares Correlation, VictoryShares Volatility and VictoryShares Alpha and Beta module to complement your research on VictoryShares. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.