Victory Sophus Correlations

REMKX Fund

USD 18.07 0.09 0.50%

The current 90-days correlation between Victory Sophus Emerging and Gmo Small Cap is -0.14 (i.e., Good diversification). The correlation of Victory Sophus is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Victory Sophus Correlation With Market

Good diversification

The correlation between Victory Sophus Emerging and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Victory Sophus Emerging and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Victory Sophus Emerging. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in industry.

Moving together with Victory Mutual Fund

0.82	VEMAX	Vanguard Emerging Markets	Pair Corr
0.82	VEIEX	Vanguard Emerging Markets	Pair Corr
0.82	VEMIX	Vanguard Emerging Markets	Pair Corr
0.82	VEMRX	Vanguard Emerging Markets	Pair Corr
0.86	FWWNX	American Funds New	Pair Corr
0.86	FNFWX	American Funds New	Pair Corr
0.91	NEWFX	New World Fund	Pair Corr
0.91	NWFFX	New World Fund	Pair Corr
0.91	NEWCX	New World Fund	Pair Corr
0.9	ODVYX	Oppenheimer Developing	Pair Corr
0.61	BTMPX	Ishares Msci Eafe	Pair Corr
0.62	BTMKX	Blackrock International	Pair Corr
0.61	MDIIX	Blackrock Intern Index	Pair Corr
0.66	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr
0.67	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr
0.82	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr

Moving against Victory Mutual Fund

0.46	FMFFX	Fs Managed Futures	Pair Corr
0.32	FSMMX	Fs Multi Strategy	Pair Corr
0.46	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.39	BAC	Bank of America Aggressive Push	Pair Corr

Related Correlations Analysis

	GMAWX	LANIX	MSSGX	APDSX	PRNHX	TRBCX	LGLSX	TFAGX
GMAWX		0.89	0.77	0.85	0.84	0.83	0.83	0.84	GMAWX
LANIX	0.89		0.83	0.93	0.91	0.97	0.92	0.98	LANIX
MSSGX	0.77	0.83		0.84	0.92	0.86	0.95	0.86	MSSGX
APDSX	0.85	0.93	0.84		0.95	0.91	0.87	0.93	APDSX
PRNHX	0.84	0.91	0.92	0.95		0.91	0.92	0.92	PRNHX
TRBCX	0.83	0.97	0.86	0.91	0.91		0.95	0.98	TRBCX
LGLSX	0.83	0.92	0.95	0.87	0.92	0.95		0.94	LGLSX
TFAGX	0.84	0.98	0.86	0.93	0.92	0.98	0.94		TFAGX
	GMAWX	LANIX	MSSGX	APDSX	PRNHX	TRBCX	LGLSX	TFAGX

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between Victory Mutual Fund performing well and Victory Sophus Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Victory Sophus' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
GMAWX	0.81	0.10	0.00	0.74	0.87	(0.90)	1.82	(1.58)	6.60
LANIX	0.50	(0.02)	(0.07)	0.10	0.55	(0.54)	0.99	(0.87)	3.06
MSSGX	1.45	0.55	0.29	7.46	1.11	(1.78)	3.46	(2.26)	7.23
APDSX	0.96	0.01	0.03	0.13	1.13	(0.95)	2.03	(1.99)	5.77
PRNHX	0.78	0.03	0.04	0.15	1.01	(0.82)	1.80	(1.29)	6.84
TRBCX	0.72	0.02	0.00	0.14	0.95	(0.67)	1.66	(2.18)	4.86
LGLSX	0.91	0.22	0.08	2.26	1.08	(0.94)	2.65	(1.69)	5.57
TFAGX	0.59	(0.01)	(0.02)	0.11	0.82	(0.63)	1.32	(1.38)	4.35

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