Victory Mutual Fund Market Value

RSIRX
 Fund
  

USD 10.19  0.05  0.49%   

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
06/16/2022
No Change 0.00  0.0 
In 2 months and 1 day
08/15/2022
0.00
If you would invest  0.00  in Victory Rs on June 16, 2022 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 60 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
8.9210.1911.46
Details
Intrinsic
Valuation
LowReal ValueHigh
8.8510.1211.39
Details
Naive
Forecast
LowNext ValueHigh
8.9710.2411.52
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.169.7410.33
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

We consider Victory Rs not too volatile. Victory Rs International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0038, which indicates the fund had 0.0038% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Victory Rs International, which you can use to evaluate the future volatility of the fund. Please validate Victory Rs Coefficient Of Variation of 2183.46, risk adjusted performance of 0.0578, and Semi Deviation of 1.17 to confirm if the risk estimate we provide is consistent with the expected return of 0.0048%.
The entity has a beta of 0.8983, which indicates possible diversification benefits within a given portfolio. Let's try to break down what Victory's beta means in this case. Victory Rs returns are very sensitive to returns on the market. As the market goes up or down, Victory Rs is expected to follow. Although it is important to respect Victory Rs International current price movements, it is better to be realistic regarding the information on the equity's historical returns. The philosophy towards measuring future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Victory Rs International technical indicators, you can presently evaluate if the expected return of 0.0048% will be sustainable into the future.

Auto-correlation

    
  -0.2  

Insignificant reverse predictability

Victory Rs International has insignificant reverse predictability. Overlapping area represents the amount of predictability between Victory Rs time series from 16th of June 2022 to 16th of July 2022 and 16th of July 2022 to 15th 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 -0.2 indicates that over 20.0% of current Victory Rs price fluctuation can be explain by its past prices.
Correlation Coefficient-0.2
Spearman Rank Test-0.32
Residual Average0.0
Price Variance0.04

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   
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       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   
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       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   
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       Timeline  

Victory Rs Investors Sentiment

The influence of Victory Rs' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Victory. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Victory Rs in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Victory Rs' short interest history, or implied volatility extrapolated from Victory Rs options trading.

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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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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.
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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...