VictoryShares Z Score

UEVM
 Etf
  

USD 40.11  0.02  0.0499%   

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Also, please take a look at VictoryShares Emerging Piotroski F Score and Portfolio Optimization analysis.
  

VictoryShares Z Score Analysis

VictoryShares Emerging's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
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VictoryShares Emerging Z Score Component Assessment

As per the company's disclosures, VictoryShares Emerging Markets has a Z Score of 0.0. This indicator is about the same for the Victory Capital average (which is currently at 0.0) family and about the same as Family (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).

VictoryShares Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VictoryShares Emerging's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of VictoryShares Emerging could also be used in its relative valuation, which is a method of valuing VictoryShares Emerging by comparing valuation metrics of similar companies.
VictoryShares Emerging is currently under evaluation in z score as compared to similar ETFs.

VictoryShares Emerging Institutional Holders

Institutional Holdings refers to the ownership stake in VictoryShares Emerging that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of VictoryShares Emerging'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 Emerging's value.
Security TypeSharesValue
Victory Capital Management IncFund Units3.5 M126 M

Fund Asset Allocation for VictoryShares Emerging

The fund invests 99.96% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.
   Value   
       Instrument Type  

VictoryShares Fundamentals

About VictoryShares Emerging Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze VictoryShares Emerging Markets's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VictoryShares Emerging using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VictoryShares Emerging Markets 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 invests at least 80 percent of its assets in securities in the index, depositary receipts on securities in the index and securities underlying depositary receipts in the index. Usaa MSCI 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 Emerging 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 Emerging's short interest history, or implied volatility extrapolated from VictoryShares Emerging options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Also, please take a look at VictoryShares Emerging Piotroski F Score and Portfolio Optimization analysis. You can also try Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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The market value of VictoryShares Emerging 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 Emerging's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares Emerging'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 Emerging's market value can be influenced by many factors that don't directly affect VictoryShares Emerging'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 Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine VictoryShares Emerging value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares Emerging'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.