Victory Sycamore Small Fund Market Value
| VSOYX Fund | USD 54.17 0.88 1.65% |
| Symbol | Victory |
Victory Sycamore '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 Sycamore'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 Sycamore.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Victory Sycamore on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Victory Sycamore Small or generate 0.0% return on investment in Victory Sycamore over 720 days. Victory Sycamore is related to or competes with Victory Rs, Victory High, Victory Sycamore, Victory Integrity, Victory Munder, Victory Munder, and Victory Incore. The fund invests primarily in the equity securities of smaller companies that the Adviser believes to be undervalued rel... More
Victory Sycamore 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 Sycamore'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 Sycamore Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.886 | |||
| Information Ratio | 0.0279 | |||
| Maximum Drawdown | 7.39 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 1.78 |
Victory Sycamore Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Sycamore's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Sycamore's standard deviation. In reality, there are many statistical measures that can use Victory Sycamore historical prices to predict the future Victory Sycamore's volatility.| Risk Adjusted Performance | 0.1071 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0386 | |||
| Treynor Ratio | 0.1125 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Victory Sycamore'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 Sycamore Small Backtested Returns
At this stage we consider Victory Mutual Fund to be very steady. Victory Sycamore Small owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Victory Sycamore Small, which you can use to evaluate the volatility of the fund. Please validate Victory Sycamore's Semi Deviation of 0.714, risk adjusted performance of 0.1071, and Coefficient Of Variation of 742.34 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. The entity has a beta of 1.38, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Victory Sycamore will likely underperform.
Auto-correlation | -0.25 |
Weak reverse predictability
Victory Sycamore Small has weak reverse predictability. Overlapping area represents the amount of predictability between Victory Sycamore time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Sycamore Small price movement. The serial correlation of -0.25 indicates that over 25.0% of current Victory Sycamore price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 3.21 |
Victory Sycamore Small lagged returns against current returns
Autocorrelation, which is Victory Sycamore 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 Sycamore's mutual fund expected returns. We can calculate the autocorrelation of Victory Sycamore returns to help us make a trade decision. For example, suppose you find that Victory Sycamore 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 Sycamore 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 Sycamore mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Victory Sycamore 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 Sycamore mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Victory Sycamore Lagged Returns
When evaluating Victory Sycamore's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Victory Sycamore mutual fund have on its future price. Victory Sycamore 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 Sycamore autocorrelation shows the relationship between Victory Sycamore mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Victory Sycamore Small.
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 Sycamore 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 Sycamore security.
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |