Victoryshares Etf Profile

QQQN
 Etf
  

USD 22.85  0.86  3.63%   

Market Performance
0 of 100
Odds Of Distress
Less than 49
Victoryshares Nasdaq is selling for 22.85 as of the 7th of October 2022. This is a -3.63 percent decrease since the beginning of the trading day. The etf's open price was 23.71. Victoryshares Nasdaq has 49 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Victoryshares Nasdaq Next are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of September 2022 and ending today, the 7th of October 2022. Click here to learn more.
The fund seeks to achieve its investment objective by investing at least 80 percent of its assets in securities in the index. Victoryshares Nasdaq is traded on NYSEArca Exchange in the United States. More on Victoryshares Nasdaq Next

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Victoryshares Nasdaq Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Victoryshares Nasdaq's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Victoryshares Nasdaq or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Victoryshares Nasdaq generated a negative expected return over the last 90 days
On 13th of September 2022 Victoryshares Nasdaq paid $ 0.0369 per share dividend to its current shareholders
The fund maintains 99.95% of its assets in stocks
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Victoryshares Nasdaq's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
IssuerVictory Capital Management
Inception Date2020-09-10
BenchmarkNasdaq Q-50 Index
Entity TypeRegulated Investment Company
Asset Under Management91.91 Million
Asset TypeEquity
CategoryBroad Equity
FocusBroad Equity
Market ConcentrationBlended Development
RegionGlobal
AdministratorVictory Capital Management Inc.
AdvisorVictory Capital Management Inc.
CustodianCitibank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerMannik Dhillon
Transfer AgentCitibank, N.A.
Fiscal Year End30-Jun
ExchangeNASDAQ
Number of Constituents54.0
Market MakerRBC Capital Markets
Total Expense0.29
Management Fee0.15
Nav Price25.67
Two Hundred Day Average26.91
Ytd-27.82%
Average Daily Volume In Three Month9.51k
Fifty Two Week Low22.39
As Of Date22nd of July 2022
Average Daily Volume Last 10 Day7.47k
Fifty Two Week High36.9
One Month5.59%
Fifty Day Average25.14
Three Month-7.37%
Victoryshares Nasdaq Next [QQQN] is traded in USA and was established 2020-09-09. The fund is listed under Mid-Cap Growth category and is part of Victory Capital family. Victoryshares Nasdaq Next at this time have 95.36 M in assets. , while the total return for the last year was -26.21%.
Check Victoryshares Nasdaq Probability Of Bankruptcy

Geographic Allocation (%)

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 Victoryshares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Victoryshares 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 Victoryshares Nasdaq Next 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.

Top Victoryshares Nasdaq Next Constituents

Victoryshares Nasdaq Target Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Victoryshares Nasdaq jumping above the current price in 90 days from now is more than 94.0%. The Victoryshares Nasdaq Next probability density function shows the probability of Victoryshares Nasdaq etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.2167 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Victoryshares Nasdaq will likely underperform. Additionally, the company has an alpha of 0.09, implying that it can generate a 0.09 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 22.85HorizonTargetOdds Above 22.85
6.04%90 days
 22.85 
93.89%
Based on a normal probability distribution, the odds of Victoryshares Nasdaq to move above the current price in 90 days from now is more than 94.0 (This Victoryshares Nasdaq Next probability density function shows the probability of Victoryshares Etf to fall within a particular range of prices over 90 days) .

Victoryshares Nasdaq Major Institutional Holders

Institutional Holdings refers to the ownership stake in Victoryshares Nasdaq that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Victoryshares Nasdaq's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Victoryshares Nasdaq's value.
InstituionSecurity TypeTotal SharesValue
Victory Capital Management IncFund Units2.9 M67.5 M
View Victoryshares Nasdaq Diagnostics

Victoryshares Nasdaq Next Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Victoryshares Nasdaq market risk premium is the additional return an investor will receive from holding Victoryshares Nasdaq long position in a well-diversified portfolio. 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 Victoryshares Nasdaq. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Victoryshares Nasdaq's alpha and beta are two of the key measurements used to evaluate Victoryshares Nasdaq's performance over the market, the standard measures of volatility play an important role as well.

Victoryshares Nasdaq Next Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Victoryshares Nasdaq Next Tanh Of Price Series is a hyperbolic price transformation function.
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Victoryshares Nasdaq Against Markets

Picking the right benchmark for Victoryshares Nasdaq etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Victoryshares Nasdaq etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Victoryshares Nasdaq is critical whether you are bullish or bearish towards Victoryshares Nasdaq Next at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Victoryshares Nasdaq without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Victoryshares Nasdaq Next?

The danger of trading Victoryshares Nasdaq Next is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Victoryshares Nasdaq is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Victoryshares Nasdaq. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Victoryshares Nasdaq Next is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please see Your Equity Center. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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When running Victoryshares Nasdaq Next price analysis, check to measure Victoryshares Nasdaq's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Victoryshares Nasdaq is operating at the current time. Most of Victoryshares Nasdaq's value examination focuses on studying past and present price action to predict the probability of Victoryshares Nasdaq's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Victoryshares Nasdaq's price. Additionally, you may evaluate how the addition of Victoryshares Nasdaq to your portfolios can decrease your overall portfolio volatility.
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The market value of Victoryshares Nasdaq Next 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 Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is Victoryshares Nasdaq'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 Nasdaq's market value can be influenced by many factors that don't directly affect Victoryshares Nasdaq'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 Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine Victoryshares Nasdaq value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Victoryshares Nasdaq'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.