Victory Munder Multi Cap Fund Market Value
| MNNCX Fund | USD 34.79 0.02 0.06% |
| Symbol | Victory |
Victory Munder 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Victory Munder's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Victory Munder.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Victory Munder on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Victory Munder Multi Cap or generate 0.0% return on investment in Victory Munder over 30 days. Victory Munder is related to or competes with Victory Rs, Victory High, Victory Sycamore, Victory Integrity, Victory Munder, and Victory Incore. The adviser pursues the funds investment objective by identifying secular growth trends and investing in equity securiti... More
Victory Munder Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Victory Munder's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Victory Munder Multi Cap upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 14.29 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 1.25 |
Victory Munder Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Munder's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Munder's standard deviation. In reality, there are many statistical measures that can use Victory Munder historical prices to predict the future Victory Munder's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Victory Munder's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Victory Munder Multi Backtested Returns
Victory Munder Multi owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0972, which indicates the fund had a -0.0972% return per unit of risk over the last 3 months. Victory Munder Multi Cap exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Victory Munder's Coefficient Of Variation of (1,132), risk adjusted performance of (0.07), and Variance of 2.72 to confirm the risk estimate we provide. The entity has a beta of 0.72, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Victory Munder's returns are expected to increase less than the market. However, during the bear market, the loss of holding Victory Munder is expected to be smaller as well.
Auto-correlation | -0.43 |
Modest reverse predictability
Victory Munder Multi Cap has modest reverse predictability. Overlapping area represents the amount of predictability between Victory Munder time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Victory Munder Multi price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Victory Munder price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Victory Munder Multi lagged returns against current returns
Autocorrelation, which is Victory Munder mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Victory Munder's mutual fund expected returns. We can calculate the autocorrelation of Victory Munder returns to help us make a trade decision. For example, suppose you find that Victory Munder has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Victory Munder regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Victory Munder mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Victory Munder mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Victory Munder mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Victory Munder Lagged Returns
When evaluating Victory Munder's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Victory Munder mutual fund have on its future price. Victory Munder autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Victory Munder autocorrelation shows the relationship between Victory Munder mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Victory Munder Multi Cap.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in Victory Mutual Fund
Victory Munder 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 Munder security.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |