Victory Trivalent Correlations
MAIRX Fund | USD 8.63 0.21 0.00% |
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 |
Moving together with Victory Mutual Fund
0.98 | VGTSX | Vanguard Total Inter | PairCorr |
0.98 | VTIAX | Vanguard Total Inter | PairCorr |
0.98 | VTSNX | Vanguard Total Inter | PairCorr |
0.98 | VTPSX | Vanguard Total Inter | PairCorr |
0.98 | VTISX | Vanguard Total Inter | PairCorr |
0.85 | VTMGX | Vanguard Developed | PairCorr |
0.9 | VDVIX | Vanguard Developed | PairCorr |
0.9 | VTMNX | Vanguard Developed | PairCorr |
0.9 | VDIPX | Vanguard Developed | PairCorr |
0.83 | FSPSX | Fidelity International | PairCorr |
0.7 | GAAKX | Gmo Alternative Allo | PairCorr |
0.7 | GAAGX | Gmo Alternative Allo | PairCorr |
0.67 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
Moving against Victory Mutual Fund
0.53 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
0.51 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
0.39 | T | ATT Inc Aggressive Push | PairCorr |
0.38 | DIS | Walt Disney | PairCorr |
0.33 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
0.31 | WMT | Walmart Aggressive Push | PairCorr |
0.31 | CSCO | Cisco Systems Aggressive Push | PairCorr |
Related Correlations Analysis
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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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 | ||
---|---|---|---|---|---|---|---|---|---|---|
MSTBX | 0.10 | (0.01) | 0.00 | (0.96) | 0.00 | 0.20 | 0.72 | |||
USMIX | 0.73 | 0.20 | 0.10 | 2.74 | 0.50 | 1.71 | 5.72 | |||
SHDAX | 0.06 | 0.00 | (0.42) | 0.08 | 0.05 | 0.20 | 0.60 | |||
BXDCX | 0.09 | 0.00 | (0.93) | (0.10) | 0.00 | 0.22 | 0.54 | |||
ASTIX | 0.24 | 0.04 | (0.13) | 0.25 | 0.00 | 0.57 | 1.79 | |||
GIRMX | 0.71 | 0.05 | (0.08) | 5.47 | 0.78 | 1.56 | 5.37 | |||
ANBIX | 0.15 | (0.02) | 0.00 | (0.24) | 0.00 | 0.29 | 0.87 | |||
QLENX | 0.34 | 0.08 | (0.03) | 0.41 | 0.00 | 0.76 | 2.17 |