Victory Mutual Fund Market Value

RSIRX
 Fund
  

USD 9.92  0.01  0.10%   

Victory Rs' market value is the price at which a share of Victory Rs stock trades on a public exchange. It measures the collective expectations of Victory Rs International investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Victory Rs International and determine expected loss or profit from investing in Victory Rs over a given investment horizon. Additionally, take a look at Victory Rs Hype Analysis, Victory Rs Correlation, Portfolio Optimization, Victory Rs Volatility, as well as analyze Victory Rs Alpha and Beta and Victory Rs Performance.
Symbol

Please note, there is a significant difference between Victory Rs' value and its price as these two are different measures arrived at by different means. Investors typically determine Victory Rs value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Victory Rs' 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.

Victory Rs 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Victory Rs' mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Victory Rs.
0.00
08/21/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
08/11/2022
0.00
If you would invest  0.00  in Victory Rs on August 21, 2020 and sell it all today you would earn a total of 0.00 from holding Victory Rs International or generate 0.0% return on investment in Victory Rs over 720 days. The fund normally invests at least 80 percent of the value of its net assets in common stocks and convertible securities...More

Victory Rs Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Victory Rs' mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Victory Rs International upside and downside potential and time the market with a certain degree of confidence.

Victory Rs Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Rs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Rs' standard deviation. In reality, there are many statistical measures that can use Victory Rs historical prices to predict the future Victory Rs' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Victory Rs' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Victory Rs in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.000.001.28
Details
Intrinsic
Valuation
LowReal ValueHigh
0.000.001.28
Details
Naive
Forecast
LowNext ValueHigh
8.539.8011.08
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.869.9510.03
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Victory Rs. Your research has to be compared to or analyzed against Victory Rs' peers to derive any actionable benefits. When done correctly, Victory Rs' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Victory Rs International.

Victory Rs International Backtested Returns

Victory Rs International owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.004, which indicates the fund had -0.004% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Victory Rs International exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Victory Rs risk adjusted performance of (0.027081), and Coefficient Of Variation of (4,604) to confirm the risk estimate we provide.
The entity has a beta of -0.013, which indicates not very significant fluctuations relative to the market. Let's try to break down what Victory's beta means in this case. As returns on the market increase, returns on owning Victory Rs are expected to decrease at a much lower rate. During the bear market, Victory Rs is likely to outperform the market. Even though it is essential to pay attention to Victory Rs International current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Victory Rs International exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.91  

Near perfect reversele predictability

Victory Rs International has near perfect reversele predictability. Overlapping area represents the amount of predictability between Victory Rs time series from 21st of August 2020 to 16th of August 2021 and 16th of August 2021 to 11th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Victory Rs International price movement. The serial correlation of -0.91 indicates that approximately 91.0% of current Victory Rs price fluctuation can be explain by its past prices.
Correlation Coefficient-0.91
Spearman Rank Test-0.92
Residual Average0.0
Price Variance1.35

Victory Rs International lagged returns against current returns

Autocorrelation, which is Victory Rs mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Victory Rs' mutual fund expected returns. We can calculate the autocorrelation of Victory Rs returns to help us make a trade decision. For example, suppose you find that Victory Rs mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Victory Rs regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Victory Rs mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Victory Rs mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Victory Rs mutual fund over time.
   Current vs Lagged Prices   
Share
       Timeline  

Victory Rs Lagged Returns

When evaluating Victory Rs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Victory Rs mutual fund have on its future price. Victory Rs autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Victory Rs autocorrelation shows the relationship between Victory Rs mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Victory Rs International.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Victory Rs without increasing your portfolio risk or giving up 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 Volatility Now

   

Portfolio Volatility

Check portfolio volatility and analyze historical return density to properly model market risk
All  Next Launch Module

Currently Active Assets on Macroaxis

Additionally, take a look at Victory Rs Hype Analysis, Victory Rs Correlation, Portfolio Optimization, Victory Rs Volatility, as well as analyze Victory Rs Alpha and Beta and Victory Rs Performance. Note that the Victory Rs International information on this page should be used as a complementary analysis to other Victory Rs' 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for Victory Mutual Fund analysis

When running Victory Rs International price analysis, check to measure Victory Rs' 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 Rs is operating at the current time. Most of Victory Rs' value examination focuses on studying past and present price action to predict the probability of Victory Rs' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Victory Rs' price. Additionally, you may evaluate how the addition of Victory Rs to your portfolios can decrease your overall portfolio volatility.
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Victory Rs technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Victory Rs technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Victory Rs trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...