Victory Tax-exempt Financials
| RETCX Fund | USD 8.65 0.01 0.12% |
Victory |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Victory Tax-exempt Fund Summary
Victory Tax-exempt competes with Victory Rs, Victory High, Victory Sycamore, Victory Integrity, and Victory Munder. The fund invests primarily in investment-grade municipal obligations, the interest on which is, in the opinion of the issuers bond counsel, exempt from federal income tax including the federal alternative minimum tax . Under normal circumstances at least 80 percent of the value of the funds assets will be invested in tax-exempt municipal obligations.Specialization | Muni National Long, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Victory Portfolios |
| Mutual Fund Family | Victory |
| Mutual Fund Category | Muni National Long |
| Benchmark | Dow Jones Industrial |
| Phone | 800 539 3863 |
| Currency | USD - US Dollar |
Victory Tax-exempt Key Financial Ratios
Victory Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Victory Tax-exempt's current stock value. Our valuation model uses many indicators to compare Victory Tax-exempt value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Victory Tax-exempt competition to find correlations between indicators driving Victory Tax-exempt's intrinsic value. More Info.Victory Tax Exempt Fund is rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about 1,383 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Victory Tax-exempt's earnings, one of the primary drivers of an investment's value.Victory Tax Exempt Systematic Risk
Victory Tax-exempt's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Victory Tax-exempt volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Victory Tax Exempt correlated with the market. If Beta is less than 0 Victory Tax-exempt generally moves in the opposite direction as compared to the market. If Victory Tax-exempt Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Victory Tax Exempt is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Victory Tax-exempt is generally in the same direction as the market. If Beta > 1 Victory Tax-exempt moves generally in the same direction as, but more than the movement of the benchmark.
Victory Tax-exempt November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Victory Tax-exempt help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Victory Tax Exempt Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Victory Tax Exempt Fund based on widely used predictive technical indicators. In general, we focus on analyzing Victory Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Victory Tax-exempt's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5128 | |||
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 2.02 | |||
| Value At Risk | (0.47) | |||
| Potential Upside | 0.4678 |
Other Information on Investing in Victory Mutual Fund
Victory Tax-exempt financial ratios help investors to determine whether Victory Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Victory with respect to the benefits of owning Victory Tax-exempt security.
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