Victoryshares Free Cash Etf Market Value
| GFLW Etf | 26.22 0.09 0.34% |
| Symbol | VictoryShares |
The market value of VictoryShares Free Cash 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 Free's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares Free'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 Free's market value can be influenced by many factors that don't directly affect VictoryShares Free'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 Free's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares Free is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares Free'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.
VictoryShares Free '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 Free's 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 Free.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in VictoryShares Free on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding VictoryShares Free Cash or generate 0.0% return on investment in VictoryShares Free over 90 days. VictoryShares Free is related to or competes with FT Vest, Northern Lights, Dimensional International, First Trust, EA Series, FT Cboe, and FT Cboe. More
VictoryShares Free 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 Free's 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 Free Cash upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8387 | |||
| Information Ratio | 0.0477 | |||
| Maximum Drawdown | 5.29 | |||
| Value At Risk | (1.29) | |||
| Potential Upside | 1.66 |
VictoryShares Free Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VictoryShares Free's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VictoryShares Free's standard deviation. In reality, there are many statistical measures that can use VictoryShares Free historical prices to predict the future VictoryShares Free's volatility.| Risk Adjusted Performance | 0.2391 | |||
| Jensen Alpha | 0.1266 | |||
| Total Risk Alpha | 0.0257 | |||
| Sortino Ratio | 0.0559 | |||
| Treynor Ratio | 0.4126 |
VictoryShares Free Cash Backtested Returns
VictoryShares Free appears to be very steady, given 3 months investment horizon. VictoryShares Free Cash owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.27, which indicates the etf had a 0.27 % return per unit of risk over the last 3 months. We have found thirty technical indicators for VictoryShares Free Cash, which you can use to evaluate the volatility of the etf. Please review VictoryShares Free's Risk Adjusted Performance of 0.2391, semi deviation of 0.4198, and Coefficient Of Variation of 373.67 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.61, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VictoryShares Free's returns are expected to increase less than the market. However, during the bear market, the loss of holding VictoryShares Free is expected to be smaller as well.
Auto-correlation | 0.83 |
Very good predictability
VictoryShares Free Cash has very good predictability. Overlapping area represents the amount of predictability between VictoryShares Free time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 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 Free Cash price movement. The serial correlation of 0.83 indicates that around 83.0% of current VictoryShares Free price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
VictoryShares Free Cash lagged returns against current returns
Autocorrelation, which is VictoryShares Free 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 Free's etf expected returns. We can calculate the autocorrelation of VictoryShares Free returns to help us make a trade decision. For example, suppose you find that VictoryShares Free 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 Free 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 Free etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VictoryShares Free etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VictoryShares Free etf over time.
Current vs Lagged Prices |
| Timeline |
VictoryShares Free Lagged Returns
When evaluating VictoryShares Free's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VictoryShares Free etf have on its future price. VictoryShares Free 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 Free autocorrelation shows the relationship between VictoryShares Free etf current value and its past values and can show if there is a momentum factor associated with investing in VictoryShares Free Cash.
Regressed Prices |
| Timeline |
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Check out VictoryShares Free Correlation, VictoryShares Free Volatility and VictoryShares Free Alpha and Beta module to complement your research on VictoryShares Free. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
VictoryShares Free 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.