Victory High Yield Fund Price on October 21, 2024
| GUHYX Fund | USD 5.49 0.02 0.37% |
Below is the normalized historical share price chart for Victory High Yield extending back to September 16, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Victory High stands at 5.49, as last reported on the 27th of November, with the highest price reaching 5.49 and the lowest price hitting 5.49 during the day.
If you're considering investing in Victory Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Victory Mutual Fund to be very steady. Victory High Yield owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the fund had a 0.22% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Victory High Yield, which you can use to evaluate the volatility of the fund. Please validate Victory High's Downside Deviation of 0.2114, risk adjusted performance of 0.1479, and Standard Deviation of 0.194 to confirm if the risk estimate we provide is consistent with the expected return of 0.0442%.
Victory Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Victory |
Sharpe Ratio = 0.2235
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GUHYX |
Estimated Market Risk
| 0.2 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Victory High is performing at about 17% of its full potential. 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 High by adding it to a well-diversified portfolio.
Victory High Valuation on October 21, 2024
It is possible to determine the worth of Victory High on a given historical date. On October 21, 2024 Victory was worth 5.47 at the beginning of the trading date compared to the closed value of 5.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Victory High mutual fund. Still, in general, we apply an absolute valuation method to find Victory High'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 High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Victory High's related companies.
| Open | High | Low | Close | Volume | |
| 5.48 | 5.48 | 5.48 | 5.48 | 1.00 | |
10/21/2024 | 5.47 | 5.47 | 5.47 | 5.47 | 1.00 |
| 5.46 | 5.46 | 5.46 | 5.46 | 1.00 |
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Victory High Trading Date Momentum on October 21, 2024
| On October 22 2024 Victory High Yield was traded for 5.46 at the closing time. The highest daily price throughout the period was 5.46 and the lowest price was 5.46 . There was no trading activity during the period 1.0. Lack of trading volume on 10/22/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.18% . The trading price change to current closing price is 0.18% . |
Victory High Yield Fundamentals Correlations and Trends
By evaluating Victory High'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 High'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 High Mutual Fund history
Victory High 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 High Yield 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 High stock prices may prove useful in developing a viable investing in Victory High
The fund invests primarily in securities, including high-yield corporate bonds, convertible bonds, and other debt securities, that are rated below investment grade by nationally recognized statistical ratings organizations at the time of purchase or, if unrated, have been determined by Park Avenue Institutional Advisers LLC, the funds sub-adviser, to be of comparable quality. It normally invests at least 80 percent of its assets in debt securities and other investments that, at the time of purchase, are rated below investment grade.
Victory High Mutual Fund Technical Analysis
Victory High 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 High Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Victory High Yield 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 High November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Victory High 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 High shares will generate the highest return on investment. By undertsting and applying Victory High mutual fund market strength indicators, traders can identify Victory High Yield entry and exit signals to maximize returns
Victory High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Victory High'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 | 0.1479 | |||
| Jensen Alpha | 0.037 | |||
| Total Risk Alpha | 0.0044 | |||
| Sortino Ratio | (0.40) | |||
| Treynor Ratio | (2.07) |
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| Volume Indicators |
Other Information on Investing in Victory Mutual Fund
Victory High 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 High security.
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