(CID) VictoryShares International - Ratings and Ratios

The VictoryShares International High Div Volatility Wtd ETF (CID) is designed to track the Nasdaq Victory International High Dividend 100 Volatility Weighted Index, which comprises the 100 highest dividend-yielding stocks from the Nasdaq Victory International 500 Volatility Weighted Index. This investment strategy focuses on international large-cap value stocks with a history of paying high dividends, while also considering volatility as a key factor in stock selection.

The funds underlying index is maintained by the index provider, and CID invests at least 80% of its assets in the securities included in this index. By doing so, the fund aims to provide investors with exposure to a diversified portfolio of international stocks that have a strong dividend yield and relatively lower volatility.

Analyzing the ETFs characteristics, we can infer that CID is likely to attract income-seeking investors who are looking for a relatively stable source of returns from international markets. The funds focus on high dividend-yielding stocks may also indicate a value-oriented investment approach.

Using historical technical data, we can observe that CIDs price has been trending below its 20-day and 50-day simple moving averages (SMA20 and SMA50), indicating a potential downtrend. However, the ETFs price is above its 200-day simple moving average (SMA200), suggesting that the long-term trend remains intact. The average true range (ATR) indicates a relatively high level of volatility.

Combining technical and fundamental analysis, we can forecast that CID may experience a moderate rebound in the short term, driven by its oversold conditions and the potential for a value trap. However, the funds AUM of $14.86M USD may indicate limited liquidity, which could impact its ability to attract new investors. As a result, we predict that CIDs price will experience a gradual recovery, potentially reaching $20,000 in the next few weeks, assuming the overall market sentiment remains positive and the ETFs underlying holdings continue to perform well.

To confirm this forecast, it is essential to monitor CIDs price action, trading volume, and overall market conditions. Investors should also be aware of the potential risks associated with investing in international markets, including currency fluctuations and geopolitical uncertainties.