Victory Diversified Stock Fund Market Value
| VDSCX Fund | USD 17.29 0.16 0.93% |
| Symbol | Victory |
Victory Diversified '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 Diversified's 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 Diversified.
| 01/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Victory Diversified on January 24, 2024 and sell it all today you would earn a total of 0.00 from holding Victory Diversified Stock or generate 0.0% return on investment in Victory Diversified over 90 days. Victory Diversified is related to or competes with Income Fund, Usaa Nasdaq, Intermediate Term, Usaa Intermediate, Usaa Tax, Victory Tax-exempt, and Victory Sycamore. The Adviser pursues the funds investment objective by investing, under normal circumstances, at least 80 percent of its ... More
Victory Diversified 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 Diversified's 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 Diversified Stock upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8002 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.34 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 1.28 |
Victory Diversified Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Diversified's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Diversified's standard deviation. In reality, there are many statistical measures that can use Victory Diversified historical prices to predict the future Victory Diversified's volatility.| Risk Adjusted Performance | 0.0597 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0638 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Victory Diversified's 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.
Victory Diversified Stock Backtested Returns
We consider Victory Diversified very steady. Victory Diversified Stock owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0609, which indicates the fund had a 0.0609% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Victory Diversified Stock, which you can use to evaluate the volatility of the fund. Please validate Victory Diversified's Risk Adjusted Performance of 0.0597, semi deviation of 0.6735, and Coefficient Of Variation of 1073.4 to confirm if the risk estimate we provide is consistent with the expected return of 0.0497%. The entity has a beta of 1.02, which indicates a somewhat significant risk relative to the market. Victory Diversified returns are very sensitive to returns on the market. As the market goes up or down, Victory Diversified is expected to follow.
Auto-correlation | -0.6 |
Good reverse predictability
Victory Diversified Stock has good reverse predictability. Overlapping area represents the amount of predictability between Victory Diversified time series from 24th of January 2024 to 9th of March 2024 and 9th of March 2024 to 23rd of April 2024. 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 Diversified Stock price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Victory Diversified price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Victory Diversified Stock lagged returns against current returns
Autocorrelation, which is Victory Diversified 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 Diversified's mutual fund expected returns. We can calculate the autocorrelation of Victory Diversified returns to help us make a trade decision. For example, suppose you find that Victory Diversified has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Victory Diversified 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 Diversified mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Victory Diversified 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 Diversified mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Victory Diversified Lagged Returns
When evaluating Victory Diversified's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Victory Diversified mutual fund have on its future price. Victory Diversified 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 Diversified autocorrelation shows the relationship between Victory Diversified mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Victory Diversified Stock.
Regressed Prices |
| Timeline |
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 Diversified 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 Diversified's short interest history, or implied volatility extrapolated from Victory Diversified options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Victory Diversified Correlation, Victory Diversified Volatility and Victory Diversified Alpha and Beta module to complement your research on Victory Diversified. Note that the Victory Diversified Stock information on this page should be used as a complementary analysis to other Victory Diversified'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 CEOs Directory module to screen CEOs from public companies around the world.
Victory Diversified 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, fund market cycles, or different charting patterns.