Victory High Financials
| RSHCX Fund | USD 9.18 0.01 0.11% |
Victory |
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 Fund Summary
Victory High competes with Qs Large, Rbb Fund, Materials Portfolio, Tax-managed, and Rbc Microcap. The fund invests primarily in municipal obligations, the interest on which is, in the opinion of the issuers bond counsel, exempt from federal individual income tax . Under normal circumstances at least 80 percent of the value of the funds assets will be invested in tax-exempt municipal obligations .Specialization | High Yield Muni, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Victory Portfolios |
| Mutual Fund Family | Victory |
| Mutual Fund Category | High Yield Muni |
| Benchmark | NYSE Composite |
| Phone | 800 539 3863 |
| Currency | USD - US Dollar |
You should never invest in Victory High Income without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Victory Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Victory High's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
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 Me 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 top fund in annual yield among similar funds. It is rated top fund in year to date return among similar funds creating about 52.17 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Victory High by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Victory High's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Victory High's earnings, one of the primary drivers of an investment's value.Victory High Me 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Victory High Me 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 Me 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.
Victory High April 25, 2024 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.
| Downside Deviation | 0.3372 | |||
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 1.42 | |||
| Value At Risk | (0.43) | |||
| Potential Upside | 0.5411 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Victory High Income. 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 High Me 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 the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.