Victory High Income Fund Price on May 31, 2024
| RSHMX Fund | USD 9.72 0.01 0.10% |
Below is the normalized historical share price chart for Victory High Income extending back to January 08, 2010. 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 9.72, as last reported on the 23rd of November, with the highest price reaching 9.72 and the lowest price hitting 9.72 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 Income owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0483, which indicates the fund had a 0.0483% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Victory High Income, which you can use to evaluate the volatility of the fund. Please validate Victory High's Risk Adjusted Performance of 0.0262, coefficient of variation of 2090.26, and Semi Deviation of 0.3735 to confirm if the risk estimate we provide is consistent with the expected return of 0.0182%.
VICTORY Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
VICTORY |
Sharpe Ratio = 0.0483
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Estimated Market Risk
| 0.38 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Victory High is performing at about 3% 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 May 31, 2024
It is possible to determine the worth of Victory High on a given historical date. On May 31, 2024 VICTORY was worth 9.09 at the beginning of the trading date compared to the closed value of 9.09. 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 | |
| 9.03 | 9.03 | 9.03 | 9.03 | 1.00 | |
05/31/2024 | 9.09 | 9.09 | 9.09 | 9.09 | 1.00 |
| 9.11 | 9.11 | 9.11 | 9.11 | 1.00 |
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Victory High Trading Date Momentum on May 31, 2024
| On June 03 2024 Victory High Income was traded for 9.11 at the closing time. The highest daily price throughout the period was 9.11 and the lowest price was 9.11 . There was no trading activity during the period 1.0. Lack of trading volume on 06/03/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.22% . The trading price change to current closing price is 1.54% . |
Victory High Income 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 Income 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 municipal obligations, the interest on which is, in the opinion of the issuers bond counsel, exempt from federal individual income tax . Under normal circumstances at least 80 percent of the value of the funds assets will be invested in tax-exempt municipal obligations .
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 23, 2024
| High |
0.00 | 0.00 |
Victory High Income 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 23, 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 Income 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 | 0.0262 | |||
| Jensen Alpha | 0.0247 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.23) | |||
| Treynor Ratio | (0.06) |
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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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