Victory Strategic Allocation Fund Market Value
| VBFIX Fund | USD 20.11 0.07 0.35% |
| Symbol | Victory |
Victory Strategic '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 Strategic'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 Strategic.
| 09/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Victory Strategic on September 24, 2024 and sell it all today you would earn a total of 0.00 from holding Victory Strategic Allocation or generate 0.0% return on investment in Victory Strategic over 60 days. Victory Strategic is related to or competes with Victory Rs, Victory High, Victory Sycamore, Victory Integrity, Victory Munder, Victory Munder, and Victory Incore. The fund is a fund of funds, which means it pursues its investment objective by investing primarily in other investment ... More
Victory Strategic 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 Strategic'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 Strategic Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4635 | |||
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 2.53 | |||
| Value At Risk | (0.79) | |||
| Potential Upside | 0.8441 |
Victory Strategic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Strategic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Strategic's standard deviation. In reality, there are many statistical measures that can use Victory Strategic historical prices to predict the future Victory Strategic's volatility.| Risk Adjusted Performance | 0.036 | |||
| Jensen Alpha | 0.0133 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.23) | |||
| Treynor Ratio | 0.6776 |
Victory Strategic Backtested Returns
At this stage we consider Victory Mutual Fund to be very steady. Victory Strategic owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0465, which indicates the fund had a 0.0465% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Victory Strategic Allocation, which you can use to evaluate the volatility of the fund. Please validate Victory Strategic's Risk Adjusted Performance of 0.036, coefficient of variation of 1823.36, and Semi Deviation of 0.4042 to confirm if the risk estimate we provide is consistent with the expected return of 0.021%. The entity has a beta of 0.0239, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Victory Strategic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Victory Strategic is expected to be smaller as well.
Auto-correlation | -0.54 |
Good reverse predictability
Victory Strategic Allocation has good reverse predictability. Overlapping area represents the amount of predictability between Victory Strategic time series from 24th of September 2024 to 24th of October 2024 and 24th of October 2024 to 23rd 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 Strategic price movement. The serial correlation of -0.54 indicates that about 54.0% of current Victory Strategic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Victory Strategic lagged returns against current returns
Autocorrelation, which is Victory Strategic 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 Strategic's mutual fund expected returns. We can calculate the autocorrelation of Victory Strategic returns to help us make a trade decision. For example, suppose you find that Victory Strategic 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 Strategic 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 Strategic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Victory Strategic 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 Strategic mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Victory Strategic Lagged Returns
When evaluating Victory Strategic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Victory Strategic mutual fund have on its future price. Victory Strategic 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 Strategic autocorrelation shows the relationship between Victory Strategic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Victory Strategic Allocation.
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 Strategic 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 Strategic security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |