Vident Core Equity Etf Performance
| VUSE Etf | USD 51.49 0.07 0.14% |
The entity has a beta of 0.98, which indicates possible diversification benefits within a given portfolio. Vident Core returns are very sensitive to returns on the market. As the market goes up or down, Vident Core is expected to follow.
Risk-Adjusted Performance
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Over the last 90 days Vident Core Equity has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Vident Core is not utilizing all of its potentials. The newest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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| In Threey Sharp Ratio | 0.50 |
Vident |
Vident Core Relative Risk vs. Return Landscape
If you would invest 5,158 in Vident Core Equity on January 19, 2024 and sell it today you would lose (2.00) from holding Vident Core Equity or give up 0.04% of portfolio value over 90 days. Vident Core Equity is currently generating 0.0018% in daily expected returns and assumes 0.7058% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than Vident, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Vident Core Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vident Core's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Vident Core Equity, and traders can use it to determine the average amount a Vident Core's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0026
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | VUSE |
Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Vident Core is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Vident Core by adding Vident Core to a well-diversified portfolio.
Vident Core Fundamentals Growth
Vident Etf prices reflect investors' perceptions of the future prospects and financial health of Vident Core, and Vident Core fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Vident Etf performance.
| Price To Earning | 16.45 X | |||
| Price To Book | 1.68 X | |||
| Price To Sales | 0.67 X | |||
| Total Asset | 422.33 M | |||
About Vident Core Performance
To evaluate Vident Core Equity Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Vident Core generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Vident Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Vident Core Equity market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Vident's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Under normal circumstances, at least 80 percent of the funds total assets will be invested in the component securities of the index. Vident Core is traded on NYSEARCA Exchange in the United States.| Latest headline from finance.yahoo.com: VUSE AND THE McLAREN FORMULA 1 TEAM PARTNER WITH JAPANESE ARTIST TO REVEAL LIVERY INSPIRED BY TRADITIONAL SCRIPT | |
| The fund keeps 99.75% of its net assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vident Core Equity. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of Vident Core Equity is measured differently than its book value, which is the value of Vident that is recorded on the company's balance sheet. Investors also form their own opinion of Vident Core's value that differs from its market value or its book value, called intrinsic value, which is Vident Core'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 Vident Core's market value can be influenced by many factors that don't directly affect Vident Core'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 Vident Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vident Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vident Core'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.