Victory Market Neutral Fund Price on November 1, 2024
| CBHMX Fund | USD 8.33 0.02 0.24% |
If you're considering investing in Victory Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Victory Market stands at 8.33, as last reported on the 30th of November, with the highest price reaching 8.33 and the lowest price hitting 8.33 during the day. Victory Market Neutral owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0285, which indicates the fund had a -0.0285% return per unit of risk over the last 3 months. Victory Market Neutral exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Victory Market's Variance of 0.0388, coefficient of variation of (3,749), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
Victory Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Victory |
Sharpe Ratio = -0.0285
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| Negative Returns | CBHMX |
Estimated Market Risk
| 0.19 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Victory Market is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Victory Market by adding Victory Market to a well-diversified portfolio.
Victory Market Valuation on November 1, 2024
It is possible to determine the worth of Victory Market on a given historical date. On November 1, 2024 Victory was worth 8.38 at the beginning of the trading date compared to the closed value of 8.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Victory Market mutual fund. Still, in general, we apply an absolute valuation method to find Victory Market's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Victory Market where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Victory Market's related companies.
| Open | High | Low | Close | Volume | |
| 8.38 | 8.38 | 8.38 | 8.38 | 1.00 | |
11/01/2024 | 8.38 | 8.38 | 8.38 | 8.38 | 1.00 |
| 8.37 | 8.37 | 8.37 | 8.37 | 1.00 |
| Backtest Victory Market | | | Victory Market History | | | Victory Market Valuation | Previous | Next |
Victory Market Trading Date Momentum on November 1, 2024
| On November 04 2024 Victory Market Neutral was traded for 8.37 at the closing time. The highest daily price throughout the period was 8.37 and the lowest price was 8.37 . There was no trading activity during the period 1.0. Lack of trading volume on 11/04/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.12% . The trading price change to current closing price is 0.48% . |
Victory Market Neutral Fundamentals Correlations and Trends
By evaluating Victory Market's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Victory Market's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Victory financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Victory Market Mutual Fund history
Victory Market investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Victory is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Victory Market Neutral will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Victory Market stock prices may prove useful in developing a viable investing in Victory Market
The Adviser pursues the funds investment objective by implementing a proprietary, market neutral investment strategy designed to seek income from its investments while maintaining a low correlation to the foreign and domestic equity and bond markets.
Victory Market Mutual Fund Technical Analysis
Victory Market technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Victory Market Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Victory Market Neutral cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Victory Market November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Victory Market mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Victory Market shares will generate the highest return on investment. By undertsting and applying Victory Market mutual fund market strength indicators, traders can identify Victory Market Neutral entry and exit signals to maximize returns
Victory Market Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Victory Market's price direction in advance. Along with the technical and fundamental analysis of Victory Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Victory to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.2227 |
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| Volume Indicators |
Other Information on Investing in Victory Mutual Fund
Victory Market 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 Market security.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
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