Victory Sophus Emerging Fund Market Value
| RSENX Fund | USD 19.56 0.03 0.15% |
| Symbol | Victory |
Victory Sophus '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 Sophus' 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 Sophus.
| 02/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Victory Sophus on February 9, 2023 and sell it all today you would earn a total of 0.00 from holding Victory Sophus Emerging or generate 0.0% return on investment in Victory Sophus over 660 days. Victory Sophus is related to or competes with Aam Select, Scharf Global, T Rowe, Abr 75/25, Bbh Partner, Qs Us, and Volumetric Fund. The fund normally invests at least 80 percent of its assets in securities of emerging market companies, which may includ... More
Victory Sophus 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 Sophus' 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 Sophus Emerging upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 4.93 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 1.58 |
Victory Sophus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Sophus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Sophus' standard deviation. In reality, there are many statistical measures that can use Victory Sophus historical prices to predict the future Victory Sophus' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.11) |
Victory Sophus Emerging Backtested Returns
Victory Sophus Emerging owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0208, which indicates the fund had a -0.0208% return per unit of risk over the last 3 months. Victory Sophus Emerging exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Victory Sophus' Risk Adjusted Performance of (0.03), variance of 0.9168, and Coefficient Of Variation of (2,606) to confirm the risk estimate we provide. The entity has a beta of 0.44, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Victory Sophus' returns are expected to increase less than the market. However, during the bear market, the loss of holding Victory Sophus is expected to be smaller as well.
Auto-correlation | 0.36 |
Below average predictability
Victory Sophus Emerging has below average predictability. Overlapping area represents the amount of predictability between Victory Sophus time series from 9th of February 2023 to 5th of January 2024 and 5th of January 2024 to 30th of November 2024. 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 Sophus Emerging price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Victory Sophus price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.63 |
Victory Sophus Emerging lagged returns against current returns
Autocorrelation, which is Victory Sophus 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 Sophus' mutual fund expected returns. We can calculate the autocorrelation of Victory Sophus returns to help us make a trade decision. For example, suppose you find that Victory Sophus 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 Sophus 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 Sophus mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Victory Sophus 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 Sophus mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Victory Sophus Lagged Returns
When evaluating Victory Sophus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Victory Sophus mutual fund have on its future price. Victory Sophus 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 Sophus autocorrelation shows the relationship between Victory Sophus mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Victory Sophus Emerging.
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.Other Information on Investing in Victory Mutual Fund
Victory Sophus 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 Sophus security.
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