Victoryshares Small Cap Etf Fundamentals
| CSA Etf | USD 65.10 0.55 0.84% |
VictoryShares Small Cap fundamentals help investors to digest information that contributes to VictoryShares Small's financial success or failures. It also enables traders to predict the movement of VictoryShares Etf. The fundamental analysis module provides a way to measure VictoryShares Small's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to VictoryShares Small etf.
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VictoryShares Small Cap ETF Beta Analysis
VictoryShares Small's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current VictoryShares Small Beta | 0.95 |
Most of VictoryShares Small's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, VictoryShares Small Cap is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, VictoryShares Small Cap has a Beta of 0.95. This is much higher than that of the Victory Capital family and significantly higher than that of the Small Blend category. The beta for all United States etfs is notably lower than that of the firm.
VictoryShares Small Cap Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VictoryShares Small's current stock value. Our valuation model uses many indicators to compare VictoryShares Small value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VictoryShares Small competition to find correlations between indicators driving VictoryShares Small's intrinsic value. More Info.VictoryShares Small Cap is the top ETF in price to earning as compared to similar ETFs. It is the top ETF in price to book as compared to similar ETFs fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for VictoryShares Small Cap is roughly 9.34 . Comparative valuation analysis is a catch-all model that can be used if you cannot value VictoryShares Small by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for VictoryShares Small's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the VictoryShares Small's earnings, one of the primary drivers of an investment's value.VictoryShares Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VictoryShares Small's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of VictoryShares Small could also be used in its relative valuation, which is a method of valuing VictoryShares Small by comparing valuation metrics of similar companies.VictoryShares Small is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for VictoryShares Small
The fund invests 99.93% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides VictoryShares Small's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
VictoryShares Small returns are very sensitive to returns on the market. As the market goes up or down, VictoryShares Small is expected to follow.
VictoryShares Fundamentals
| Return On Asset | 0.85 | |||
| Profit Margin | (55.88) % | |||
| Operating Margin | 5.66 % | |||
| Current Valuation | 644.92 M | |||
| Shares Outstanding | 51.12 M | |||
| Shares Owned By Insiders | 15.05 % | |||
| Shares Owned By Institutions | 0.50 % | |||
| Number Of Shares Shorted | 1.32 M | |||
| Price To Earning | 20.37 X | |||
| Price To Book | 2.18 X | |||
| Price To Sales | 1.12 X | |||
| Revenue | 176.41 M | |||
| Gross Profit | 148.75 M | |||
| Net Income | (103.46 M) | |||
| Cash And Equivalents | 16.05 M | |||
| Cash Per Share | 0.31 X | |||
| Total Debt | 444.21 M | |||
| Debt To Equity | 2.25 % | |||
| Current Ratio | 1.21 X | |||
| Cash Flow From Operations | 24.54 M | |||
| Earnings Per Share | (2.03) X | |||
| Number Of Employees | 398 | |||
| Beta | 0.95 | |||
| Total Asset | 21.31 M | |||
| Retained Earnings | (312.94 M) | |||
| One Year Return | 13.60 % | |||
| Three Year Return | 2.00 % | |||
| Five Year Return | 8.60 % | |||
| Net Asset | 21.31 M | |||
| Last Dividend Paid | 0.0736 | |||
| Equity Positions Weight | 99.93 % |
About VictoryShares Small Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VictoryShares Small Cap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VictoryShares Small using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VictoryShares Small Cap based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80 percent of its assets directly or indirectly in the securities included in the Nasdaq Victory US Small Cap 500 Volatility Weighted Index, an unmanaged, volatility weighted index maintained exclusively by the index provider. Victory US is traded on NASDAQ Exchange in the United States.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards VictoryShares Small in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, VictoryShares Small's short interest history, or implied volatility extrapolated from VictoryShares Small options trading.
Pair Trading with VictoryShares Small
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VictoryShares Small position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VictoryShares Small will appreciate offsetting losses from the drop in the long position's value.Moving together with VictoryShares Etf
| 0.91 | VB | Vanguard Small Cap | PairCorr |
| 0.95 | IJR | iShares Core SP | PairCorr |
| 0.97 | IWM | iShares Russell 2000 | PairCorr |
| 0.98 | VRTIX | Vanguard Russell 2000 | PairCorr |
| 0.87 | VTWO | Vanguard Russell 2000 | PairCorr |
Moving against VictoryShares Etf
| 0.77 | FNGD | MicroSectors FANG Index Upward Rally | PairCorr |
| 0.7 | HUM | Humana Inc Report 24th of April 2024 | PairCorr |
The ability to find closely correlated positions to VictoryShares Small could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VictoryShares Small when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VictoryShares Small - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VictoryShares Small Cap to buy it.
The correlation of VictoryShares Small is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VictoryShares Small moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VictoryShares Small Cap moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for VictoryShares Small can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out VictoryShares Small Piotroski F Score and VictoryShares Small Altman Z Score analysis. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of VictoryShares Small Cap 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 Small's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares Small'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 Small's market value can be influenced by many factors that don't directly affect VictoryShares Small'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 Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares Small'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.