Victory Tax Exempt Fund Price on November 27, 2024
| RETCX Fund | USD 8.67 0.02 0.23% |
Below is the normalized historical share price chart for Victory Tax Exempt Fund extending back to July 17, 2007. 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 Tax stands at 8.67, as last reported on the 3rd of December, with the highest price reaching 8.67 and the lowest price hitting 8.67 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 Tax Exempt owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0759, which indicates the fund had a 0.0759% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Victory Tax Exempt Fund, which you can use to evaluate the volatility of the fund. Please validate Victory Tax's Coefficient Of Variation of 1047.35, risk adjusted performance of 0.0604, and Semi Deviation of 0.2811 to confirm if the risk estimate we provide is consistent with the expected return of 0.026%.
Victory Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Victory |
Sharpe Ratio = 0.0759
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RETCX |
Estimated Market Risk
| 0.34 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average Victory Tax is performing at about 5% 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 Tax by adding it to a well-diversified portfolio.
Victory Tax Valuation on November 27, 2024
It is possible to determine the worth of Victory Tax on a given historical date. On November 27, 2024 Victory was worth 8.64 at the beginning of the trading date compared to the closed value of 8.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Victory Tax mutual fund. Still, in general, we apply an absolute valuation method to find Victory Tax'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 Tax where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Victory Tax's related companies.
| Open | High | Low | Close | Volume | |
| 8.61 | 8.61 | 8.61 | 8.61 | 1.00 | |
11/27/2024 | 8.64 | 8.64 | 8.64 | 8.64 | 1.00 |
| 8.65 | 8.65 | 8.65 | 8.65 | 1.00 |
| Backtest Victory Tax | | | Victory Tax History | | | Victory Tax Valuation | Previous | Next |
Victory Tax Trading Date Momentum on November 27, 2024
| On November 29 2024 Victory Tax Exempt Fund was traded for 8.65 at the closing time. The highest daily price throughout the period was 8.65 and the lowest price was 8.65 . There was no trading activity during the period 1.0. Lack of trading volume on 11/29/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.12% . The trading price change to current closing price is 0.35% . |
Victory Tax Exempt Fundamentals Correlations and Trends
By evaluating Victory Tax'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 Tax'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 Tax Mutual Fund history
Victory Tax 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 Tax Exempt 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 Tax stock prices may prove useful in developing a viable investing in Victory Tax
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.
Victory Tax Mutual Fund Technical Analysis
Victory Tax 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 Tax Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Victory Tax Exempt Fund 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 Tax December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Victory Tax 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 Tax shares will generate the highest return on investment. By undertsting and applying Victory Tax mutual fund market strength indicators, traders can identify Victory Tax Exempt Fund entry and exit signals to maximize returns
Victory Tax Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Victory Tax'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 | 0.0604 | |||
| Jensen Alpha | 0.0333 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | (0.23) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Victory Mutual Fund
Victory Tax 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 security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |