Victory Strategic Allocation Fund Probability of Future Mutual Fund Price Finishing Over 21.55
| SBALX Fund | USD 20.23 0.10 0.50% |
Victory |
Victory Strategic Target Price Odds to finish over 21.55
The tendency of Victory Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 21.55 or more in 90 days |
| 20.23 | 90 days | 21.55 | near 1 |
Based on a normal probability distribution, the odds of Victory Strategic to move over $ 21.55 or more in 90 days from now is near 1 (This Victory Strategic Allocation probability density function shows the probability of Victory Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Victory Strategic price to stay between its current price of $ 20.23 and $ 21.55 at the end of the 90-day period is about 8.21 .
Assuming the 90 days horizon Victory Strategic has a beta of 0.44. This usually implies as returns on the market go up, Victory Strategic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Victory Strategic Allocation will be expected to be much smaller as well. Additionally Victory Strategic Allocation has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Victory Strategic Price Density |
| Price |
Predictive Modules for Victory Strategic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Victory Strategic. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Victory Strategic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Victory Strategic is not an exception. The market had few large corrections towards the Victory Strategic's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Victory Strategic Allocation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Victory Strategic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.44 | |
σ | Overall volatility | 0.23 | |
Ir | Information ratio | -0.2 |
Victory Strategic Technical Analysis
Victory Strategic's future price can be derived by breaking down and analyzing its technical indicators over time. Victory Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Victory Strategic Allocation. In general, you should focus on analyzing Victory Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Victory Strategic Predictive Forecast Models
Victory Strategic's time-series forecasting models is one of many Victory Strategic's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Victory Strategic's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
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 Strategic 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 Strategic's short interest history, or implied volatility extrapolated from Victory Strategic options trading.
Other Information on Investing in Victory Mutual Fund
Victory Strategic 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 Strategic security.
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