Victory Global Natural Fund Quote
| RGNCX Fund | USD 25.80 0.00 0.00% |
Performance10 of 100
| Odds Of DistressLess than 19
|
Victory Global is trading at 25.80 as of the 25th of April 2024; that is No Change since the beginning of the trading day. The fund's open price was 25.8. Victory Global has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a ok performance during the last 90 days. Equity ratings for Victory Global Natural are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
The fund normally invests at least 80 percent of its assets in securities of companies that SailingStone Capital Partners LLC, the funds sub-adviser, considers to be principally engaged in natural resources industries. It may invest in securities of issuers located anywhere in the world and normally will invest in securities of companies located in at least three countries, which may include the United States. More on Victory Global Natural
Victory Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Victory Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Victory Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Victory Capital Funds, Large Funds, Natural Resources Funds, Natural Resources, Victory Capital (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Victory Global Natural [RGNCX] is traded in USA and was established 25th of April 2024. Victory Global is listed under Victory Capital category by Fama And French industry classification. The fund is listed under Natural Resources category and is part of Victory Capital family. This fund at this time has accumulated 393.48 M in assets with no minimum investment requirementsVictory Global Natural is currently producing year-to-date (YTD) return of 8.17% with the current yeild of 0.01%, while the total return for the last 3 years was 19.67%.
Check Victory Global Probability Of Bankruptcy
Instrument 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 Victory Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Victory Mutual Fund, 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 Victory Global Natural Mutual Fund, 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 Victory Global Natural Mutual Fund Constituents
| LPI | Laredo Petroleum Holdings | Stock | Energy |
| AR | Antero Resources Corp | Stock | Energy |
| NEM | Newmont Goldcorp Corp | Stock | Materials |
| PDCE | PDC Energy | Stock | Energy |
| PXD | Pioneer Natural Resources | Stock | Energy |
| RRC | Range Resources Corp | Stock | Energy |
| SQM | Sociedad Quimica y | Stock | Materials |
Victory Global Target Price Odds Analysis
Based on a normal probability distribution, the odds of Victory Global jumping above the current price in 90 days from now is about 12.63%. The Victory Global Natural probability density function shows the probability of Victory Global mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Victory Global Natural has a beta of -0.2939 indicating as returns on the benchmark increase, returns on holding Victory Global are expected to decrease at a much lower rate. During a bear market, however, Victory Global Natural is likely to outperform the market. Additionally, victory Global Natural has an alpha of 0.2209, implying that it can generate a 0.22 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Victory Global to move above the current price in 90 days from now is about 12.63 (This Victory Global Natural probability density function shows the probability of Victory Mutual Fund to fall within a particular range of prices over 90 days) .
Victory Global Natural Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Victory Global market risk premium is the additional return an investor will receive from holding Victory Global 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 Victory Global. 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 Victory Global's alpha and beta are two of the key measurements used to evaluate Victory Global's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8665 | |||
| Semi Deviation | 0.9282 | |||
| Standard Deviation | 1.15 | |||
| Variance | 1.32 |
Victory Global Against Markets
Picking the right benchmark for Victory Global mutual fund 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 Victory Global mutual fund 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 Victory Global is critical whether you are bullish or bearish towards Victory Global Natural at a given time. Please also check how Victory Global's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Victory Global 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.Did you try this?
Run Portfolio Holdings Now
Portfolio HoldingsCheck your current holdings and cash postion to detemine if your portfolio needs rebalancing |
| All Next | Launch Module |
How to buy Victory Mutual Fund?
Before investing in Victory Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Victory Global. To buy Victory Global fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Victory Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Victory Global fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Victory Global Natural fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Victory Global Natural fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Victory Global Natural, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Victory Global Natural?
The danger of trading Victory Global Natural is mainly related to its market volatility and Mutual Fund 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 Victory Global 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 Victory Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Victory Global Natural 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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Victory Global Natural. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Victory Global Natural information on this page should be used as a complementary analysis to other Victory Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.