Victory Mutual Fund Volatility

VSOIX -  USA Fund  

USD 53.55  0.000001  0.00%

Victory Sycamore Small owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0555, which indicates the fund had -0.0555% 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 Sycamore Small exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Victory Sycamore coefficient of variation of (2,355), and Risk Adjusted Performance of (0.025375) to confirm the risk estimate we provide.

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Victory Sycamore Mutual Fund volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Victory daily returns, and it is calculated using variance and standard deviation. We also use Victory's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Victory Sycamore volatility.

60 Days Market Risk

Very steady

Chance of Distress

Below Average

60 Days Economic Sensitivity

Barely shadows the market

Victory Sycamore Market Sensitivity And Downside Risk

Victory Sycamore's beta coefficient measures the volatility of Victory mutual fund compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Victory mutual fund's returns against your selected market. In other words, Victory Sycamore's beta of 0.0369 provides an investor with an approximation of how much risk Victory Sycamore mutual fund can potentially add to one of your existing portfolios.
Let's try to break down what Victory's beta means in this case. As returns on the market increase, Victory Sycamore returns are expected to increase less than the market. However, during the bear market, the loss on holding Victory Sycamore will be expected to be smaller as well.
3 Months Beta |Analyze Victory Sycamore Small Demand Trend
Check current 90 days Victory Sycamore correlation with market (DOW)

Victory Beta

    
  0.0369  
Victory standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

Standard Deviation

    
  1.14  
It is essential to understand the difference between upside risk (as represented by Victory Sycamore's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Victory Sycamore stock's daily returns or price. Since the actual investment returns on holding a position in Victory Sycamore stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Victory Sycamore.

Victory Sycamore Small Mutual Fund Volatility Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Victory Sycamore Typical Price indicator is an average of each day price and can be used instead of closing price when creating different Victory Sycamore Small moving average lines. View also all equity analysis or get more info about typical price price transform indicator.

Victory Sycamore Projected Return Density Against Market

Assuming the 90 days horizon Victory Sycamore has a beta of 0.0369 . This entails as returns on the market go up, Victory Sycamore average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Victory Sycamore Small will be expected to be much smaller as well.
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Victory Sycamore or Victory Capital sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Victory Sycamore stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Victory stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Victory Sycamore Small is significantly underperforming DOW.
 Predicted Return Density 
      Returns 

Victory Sycamore Mutual Fund Risk Measures

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Victory Sycamore or Victory Capital sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Victory Sycamore stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Victory stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Assuming the 90 days horizon the coefficient of variation of Victory Sycamore is -1800.77. The daily returns are distributed with a variance of 1.29 and standard deviation of 1.14. The mean deviation of Victory Sycamore Small is currently at 0.9. For similar time horizon, the selected benchmark (DOW) has volatility of 0.69
α
Alpha over DOW
-0.06
β
Beta against DOW0.0369
σ
Overall volatility
1.14
Ir
Information ratio -0.08

Victory Sycamore Mutual Fund Return Volatility

Victory Sycamore historical daily return volatility represents how much Victory Sycamore stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The fund shows 1.1366% volatility of returns over 90 . By contrast, DOW inherits 0.7173% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
      Timeline 

About Victory Sycamore Volatility

Volatility is a rate at which the price of Victory Sycamore or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Victory Sycamore may increase or decrease. In other words, similar to Victory's beta indicator, it measures the risk of Victory Sycamore and helps estimate the fluctuations that may happen in a short period of time. So if prices of Victory Sycamore fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.
The fund invests primarily in the equity securities of smaller companies that the Adviser believes to be undervalued relative to the underlying earnings potential of the company. Victory Sycamore is traded on NASDAQ Exchange in the United States.

Victory Sycamore Investment Opportunity

Victory Sycamore Small has a volatility of 1.14 and is 1.58 times more volatile than DOW. of all equities and portfolios are less risky than Victory Sycamore. Compared to the overall equity markets, volatility of historical daily returns of Victory Sycamore Small is lower than 9 () of all global equities and portfolios over the last 90 days. Use Victory Sycamore Small to enhance returns of your portfolios. The mutual fund experiences a normal upward fluctuation. Check odds of Victory Sycamore to be traded at $56.23 in 90 days. . Let's try to break down what Victory's beta means in this case. As returns on the market increase, Victory Sycamore returns are expected to increase less than the market. However, during the bear market, the loss on holding Victory Sycamore will be expected to be smaller as well.

Significant diversification

The correlation between Victory Sycamore Small and DJI is Significant diversification for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Victory Sycamore Small and DJI in the same portfolio assuming nothing else is changed.

Victory Sycamore Additional Risk Indicators

The analysis of Victory Sycamore's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Victory Sycamore's investment and either accepting that risk or mitigating it. Along with some common measures of Victory Sycamore stock risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Risk Adjusted Performance(0.025375)
Market Risk Adjusted Performance(1.61)
Mean Deviation0.938
Coefficient Of Variation(2,355)
Standard Deviation1.17
Variance1.38
Information Ratio(0.08)
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Victory Sycamore Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
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The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Victory Sycamore as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Victory Sycamore's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Victory Sycamore's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Victory Sycamore Small.
Also, please take a look at World Market Map. Note that the Victory Sycamore Small information on this page should be used as a complementary analysis to other Victory Sycamore'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 Transaction History module to view history of all your transactions and understand their impact on performance.

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