Victory Mutual Fund Financials

RSHCX -  USA Fund  

USD 11.00  0.01  0.09%

Understanding current and past Victory High Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Victory High's financial statements are interrelated, with each one affecting the others. For example, an increase in Victory High's assets may result in an increase in income on the income statement. Because of this, it is necessary to analyze all of Victory High's financials over time to get the whole picture.
Please exercise Victory High fundamental data analysis to find out if markets are presently mispricing the entity. We were able to break down twelve available drivers for Victory High Income, which can be compared to its competition. Please use Victory High one year return and last dividend paid to make a decision on whether Victory High Income is priced fairly. Use Victory High to protect your portfolios against small market fluctuations. The fund experiences a normal downward trend and little activity. Check odds of Victory High to be traded at $10.89 in 90 days.

Victory Fundamentals 

 
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With this module, you can analyze Victory financials for your investing period. You should be able to track the changes in Victory High individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  Chance Of Financial Distress
Less than 1
Victory High Income has less than 1 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Victory High mutual fund is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Victory High's official financial statements usually reflect Victory High's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Victory High Income. For example, before you start analyzing numbers published by Victory accountants, it's critical to develop an understanding of what Victory High's liquidity, profitability, and earnings quality are in the context of the Victory Capital space in which it operates.
Please note that past performance is not an indicator of the future performance of Victory High, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost. .

Victory High Company Summary

Victory High competes with Nuveen High. The investment seeks to provide a high current income exempt from federal income taxes with a secondary objective of capital appreciation. Victory High is traded on NASDAQ Exchange in the United States.
InstrumentUSA Mutual Fund View All
ExchangeNASDAQ Exchange
Business AddressVictory Portfolios
Mutual Fund FamilyVictory Capital
Mutual Fund CategoryHigh Yield Muni
BenchmarkDOW
Phone800 539 3863
CurrencyUSD - US Dollar

Victory High Key Financial Ratios

Generally speaking, Victory High's financial ratios allow both analysts and investors to convert raw data from Victory High's financial statements into concise, actionable information that can be used to evaluate the performance of Victory High over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Victory High Income reports annually and quarterly.

Victory Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Victory High's current stock value. Our valuation model uses many indicators to compare Victory High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Victory High competition to find correlations between indicators driving Victory High's intrinsic value. More Info.
Victory High Income is rated second largest fund in three year return among similar funds. It is rated second largest fund in cash position weight among similar funds creating about  0.01  of Cash Position Weight per Three Year Return. The ratio of Three Year Return to Cash Position Weight for Victory High Income is roughly  112.50 

Victory High Income Systematic Risk

Victory High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Victory High volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Victory High Income correlated with the market. If Beta is less than 0 Victory High generally moves in the opposite direction as compared to the market. If Victory High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Victory High Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Victory High is generally in the same direction as the market. If Beta > 1 Victory High moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

About Victory High Financials

What exactly are Victory High Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Victory High's income statement, its balance sheet, and the statement of cash flows. Potential Victory High investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Victory High investors may use each financial statement separately, they are all related. The changes in Victory High's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Victory High's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
Victory High Income is rated second largest fund in net asset among similar funds. Total Asset Under Management (AUM) of High Yield Muni category is currently estimated at about 23.58 Billion. Victory High adds roughly 50.31 Million in net asset claiming only tiny portion of all funds under High Yield Muni category.

Victory High October 20, 2021 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Victory High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Victory High Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Victory High Income based on widely used predictive technical indicators. In general, we focus on analyzing Victory Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Victory High's daily price indicators and compare them against related drivers.
Information Ratio(1.02)
Maximum Drawdown0.7169
Value At Risk(0.18)
Potential Upside0.0891
Additionally, take a look at Your Equity Center. Note that the Victory High Income information on this page should be used as a complementary analysis to other Victory High'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Victory High Income price analysis, check to measure Victory High'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 Victory High is operating at the current time. Most of Victory High's value examination focuses on studying past and present price action to predict the probability of Victory High's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Victory High's price. Additionally, you may evaluate how the addition of Victory High to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Victory High's value and its price as these two are different measures arrived at by different means. Investors typically determine Victory High value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Victory High'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.