Victory Trivalent Correlations
MAIRX Fund | USD 8.63 0.04 0.47% |
The current 90-days correlation between Victory Trivalent and Goldman Sachs Short is 0.02 (i.e., Significant diversification). The correlation of Victory Trivalent is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Victory Trivalent Correlation With Market
Significant diversification
The correlation between Victory Trivalent Internationa and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Victory Trivalent Internationa and DJI in the same portfolio, assuming nothing else is changed.
Victory |
Moving together with Victory Mutual Fund
0.81 | GUBGX | Victory Rs International | PairCorr |
0.81 | MSSIX | Victory Trivalent | PairCorr |
0.89 | REMKX | Victory Sophus Emerging | PairCorr |
0.8 | RIGKX | Victory Rs International | PairCorr |
0.91 | MISIX | Victory Trivalent | PairCorr |
0.9 | VGTSX | Vanguard Total Inter | PairCorr |
0.9 | VTIAX | Vanguard Total Inter | PairCorr |
0.9 | VTSNX | Vanguard Total Inter | PairCorr |
0.9 | VTPSX | Vanguard Total Inter | PairCorr |
0.9 | VTISX | Vanguard Total Inter | PairCorr |
0.88 | VTMGX | Vanguard Developed | PairCorr |
0.78 | VDVIX | Vanguard Developed | PairCorr |
0.88 | VTMNX | Vanguard Developed | PairCorr |
0.78 | VDIPX | Vanguard Developed | PairCorr |
0.84 | FSPSX | Fidelity International | PairCorr |
Moving against Victory Mutual Fund
0.33 | RSCYX | Victory Rs Small | PairCorr |
0.32 | MMEYX | Victory Integrity | PairCorr |
0.32 | RSCCX | Victory Rs Small | PairCorr |
0.47 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
0.43 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
0.42 | DIS | Walt Disney | PairCorr |
0.36 | WMT | Walmart Aggressive Push | PairCorr |
0.35 | T | ATT Inc Aggressive Push | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Victory Mutual Fund performing well and Victory Trivalent Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Victory Trivalent's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
GANPX | 0.05 | (0.01) | (0.82) | (0.28) | 0.00 | 0.10 | 0.58 | |||
TBGAX | 0.16 | 0.03 | (0.26) | (0.12) | 0.24 | 0.37 | 1.74 | |||
FHYVX | 0.17 | 0.01 | (0.24) | 0.31 | 0.20 | 0.44 | 1.88 | |||
PCMNX | 0.12 | 0.00 | (0.39) | 0.06 | 0.17 | 0.25 | 1.07 | |||
MDMTX | 0.17 | 0.00 | (0.31) | 0.07 | 0.24 | 0.38 | 1.33 | |||
OWMBX | 0.11 | 0.01 | (0.54) | 0.01 | 0.13 | 0.26 | 0.87 | |||
TIMTX | 0.16 | 0.01 | (0.33) | 0.24 | 0.19 | 0.37 | 1.40 | |||
FIMYX | 0.12 | 0.00 | (0.46) | 0.13 | 0.11 | 0.21 | 1.03 |