Victory Floating Correlations

RSFLX Fund

USD 8.06 0.01 0.12%

The current 90-days correlation between Victory Floating Rate and Income Fund Income is 0.13 (i.e., Average diversification). The correlation of Victory Floating 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.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Victory Floating Rate. 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 bureau of economic analysis.

Moving together with Victory Mutual Fund

0.7	IPFIX	Victory Incore	Pair Corr
0.92	RSDYX	Victory Incore Low	Pair Corr
0.67	RSDGX	Victory Rs Select	Pair Corr
0.94	RSFYX	Victory Floating Rate	Pair Corr
0.64	RSGFX	Victory Rs Select	Pair Corr
0.97	RSFCX	Victory Floating Rate	Pair Corr
1.0	RSFMX	Victory Floating Rate	Pair Corr
0.67	RSIFX	Victory Rs Science	Pair Corr
0.63	RSMMX	Victory Rs Small	Pair Corr
0.62	RSMOX	Victory Rs Mid	Pair Corr

Moving against Victory Mutual Fund

0.66	RSENX	Victory Sophus Emerging	Pair Corr
0.6	MMIJX	Victory Integrity Mid	Pair Corr
0.52	SRVEX	Victory Diversified Stock	Pair Corr
0.5	SBALX	Victory Strategic	Pair Corr
0.5	SSVSX	Victory Special Value	Pair Corr
0.47	MMMSX	Victory Integrity	Pair Corr
0.45	MNNAX	Victory Munder Multi	Pair Corr
0.4	MMECX	Victory Integrity	Pair Corr
0.35	SBFMX	Victory Portfolios	Pair Corr
0.31	UITCX	Usaa Intermediate Term	Pair Corr
0.31	SSGSX	Victory Sycamore Small	Pair Corr
0.31	SBFCX	Victory Incore Investment	Pair Corr
0.85	UNYBX	New York Bond	Pair Corr
0.72	UPMMX	Precious Metals And	Pair Corr
0.65	RCOCX	Victory Rs Large	Pair Corr
0.61	RSIGX	Victory Rs International	Pair Corr
0.61	RCEYX	Victory Rs Large	Pair Corr
0.59	RSVAX	Victory Rs Value	Pair Corr
0.58	RSVYX	Victory Rs Value	Pair Corr
0.56	VSCVX	Victory Integrity Small	Pair Corr
0.52	VSVIX	Victory Integrity Small	Pair Corr
0.43	RSINX	Victory Rs Investors	Pair Corr
0.42	RSIYX	Victory Rs Investors	Pair Corr
0.34	RSNRX	Victory Global Natural	Pair Corr

Related Correlations Analysis

	UINCX	UINQX	SRVEX	UITBX	UITCX	UITIX	GUTEX	SSGSX	SBALX	SSVSX
UINCX		0.2	0.69	0.99	0.99	0.81	0.81	0.64	0.84	0.71	UINCX
UINQX	0.2		0.09	0.19	0.11	0.42	0.45	0.28	0.16	0.13	UINQX
SRVEX	0.69	0.09		0.68	0.7	0.63	0.67	0.92	0.92	0.93	SRVEX
UITBX	0.99	0.19	0.68		0.99	0.84	0.82	0.63	0.82	0.69	UITBX
UITCX	0.99	0.11	0.7	0.99		0.8	0.79	0.64	0.85	0.72	UITCX
UITIX	0.81	0.42	0.63	0.84	0.8		0.99	0.69	0.7	0.66	UITIX
GUTEX	0.81	0.45	0.67	0.82	0.79	0.99		0.74	0.73	0.7	GUTEX
SSGSX	0.64	0.28	0.92	0.63	0.64	0.69	0.74		0.88	0.91	SSGSX
SBALX	0.84	0.16	0.92	0.82	0.85	0.7	0.73	0.88		0.94	SBALX
SSVSX	0.71	0.13	0.93	0.69	0.72	0.66	0.7	0.91	0.94		SSVSX
	UINCX	UINQX	SRVEX	UITBX	UITCX	UITIX	GUTEX	SSGSX	SBALX	SSVSX

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Risk-Adjusted Indicators

There is a big difference between Victory Mutual Fund performing well and Victory Floating 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 Floating's 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
UINCX	0.23	(0.03)	0.00	(0.37)	0.00	0.00	0.44	(0.53)	1.41
UINQX	0.82	0.03	0.03	0.11	1.15	(0.84)	1.68	(1.79)	6.34
SRVEX	0.80	(0.11)	0.00	(0.31)	0.00	0.00	1.28	(1.96)	12.36
UITBX	0.24	(0.03)	0.00	(0.48)	0.00	0.00	0.66	(0.55)	1.42
UITCX	0.22	(0.03)	0.00	(0.54)	0.00	0.00	0.55	(0.55)	1.43
UITIX	0.17	(0.02)	0.00	(0.35)	0.00	0.00	0.40	(0.47)	1.36
GUTEX	0.28	(0.04)	0.00	(0.37)	0.00	0.00	0.59	(0.83)	2.14
SSGSX	0.92	(0.05)	0.00	(0.10)	0.00	0.00	1.63	(1.71)	13.79
SBALX	0.40	(0.07)	0.00	(0.32)	0.00	0.00	0.66	(0.75)	5.37
SSVSX	0.82	(0.12)	0.00	(0.19)	0.00	0.00	1.28	(1.98)	13.68

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Victory Floating Correlations

Moving together with Victory Mutual Fund

Moving against Victory Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

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