Victoryshares Discovery Enhanced Etf Buy Hold or Sell Recommendation
| CSF Etf | USD 49.53 0.64 1.31% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding VictoryShares Discovery Enhanced is 'Strong Hold'. Macroaxis provides VictoryShares Discovery buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CSF positions.
Check out VictoryShares Discovery Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as VictoryShares and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards VictoryShares Discovery Enhanced. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.
VictoryShares |
Execute VictoryShares Discovery Buy or Sell Advice
The VictoryShares recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on VictoryShares Discovery Enhanced. Macroaxis does not own or have any residual interests in VictoryShares Discovery Enhanced or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute VictoryShares Discovery's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details |
VictoryShares Discovery Trading Alerts and Improvement Suggestions
| VictoryShares Discovery generated a negative expected return over the last 90 days | |
| The fund generated three year return of -5.0% | |
| VictoryShares Discovery holds most of the assets under management (AUM) in different types of exotic instruments. |
VictoryShares Discovery Returns Distribution Density
The distribution of VictoryShares Discovery's historical returns is an attempt to chart the uncertainty of VictoryShares Discovery's future price movements. The chart of the probability distribution of VictoryShares Discovery daily returns describes the distribution of returns around its average expected value. We use VictoryShares Discovery Enhanced price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of VictoryShares Discovery returns is essential to provide solid investment advice for VictoryShares Discovery.
| Mean Return | 0.02 | Value At Risk | -1.69 | Potential Upside | 1.60 | Standard Deviation | 1.10 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of VictoryShares Discovery historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
VictoryShares Discovery Greeks
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 Discovery 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 Discovery'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.
α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | 1.36 | |
σ | Overall volatility | 1.18 | |
Ir | Information ratio | -0.02 |
VictoryShares Discovery Volatility Alert
VictoryShares Discovery Enhanced has relatively low volatility with skewness of -0.17 and kurtosis of -0.04. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure VictoryShares Discovery's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact VictoryShares Discovery's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.VictoryShares Discovery Fundamentals Vs Peers
Comparing VictoryShares Discovery's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze VictoryShares Discovery's direct or indirect competition across all of the common fundamentals between VictoryShares Discovery and the related equities. This way, we can detect undervalued stocks with similar characteristics as VictoryShares Discovery or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of VictoryShares Discovery's fundamental indicators could also be used in its relative valuation, which is a method of valuing VictoryShares Discovery by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare VictoryShares Discovery to competition |
| Fundamentals | VictoryShares Discovery | Peer Average |
| Price To Earning | 20.37 X | 3.15 X |
| Price To Book | 2.18 X | 0.39 X |
| Price To Sales | 1.12 X | 0.33 X |
| Beta | 0.53 | |
| One Year Return | (3.60) % | (0.97) % |
| Three Year Return | (5.50) % | 3.23 % |
| Five Year Return | 7.20 % | 1.12 % |
| Net Asset | 76.06 M | 2.29 B |
| Last Dividend Paid | 0.0686 | 0.14 |
| Equity Positions Weight | 22.64 % | 52.82 % |
VictoryShares Discovery Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as VictoryShares . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About VictoryShares Discovery Buy or Sell Advice
When is the right time to buy or sell VictoryShares Discovery Enhanced? Buying financial instruments such as VictoryShares Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having VictoryShares Discovery in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Information and Resources on Investing in VictoryShares Etf
When determining whether VictoryShares Discovery is a strong investment it is important to analyze VictoryShares Discovery'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 Discovery's future performance. For an informed investment choice regarding VictoryShares Etf, refer to the following important reports:Check out VictoryShares Discovery Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of VictoryShares Discovery 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 Discovery's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares Discovery'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 Discovery's market value can be influenced by many factors that don't directly affect VictoryShares Discovery'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 Discovery's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares Discovery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares Discovery'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.