Victory Rs Correlations
| RSMMX Fund | USD 9.09 0.03 0.33% |
The correlation of Victory Rs 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 Rs Correlation With Market
Poor diversification
The correlation between Victory Rs Small and DJI is 0.7 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Victory Rs Small and DJI in the same portfolio, assuming nothing else is changed.
Victory |
Moving together with Victory Mutual Fund
| 0.88 | UINQX | Usaa Nasdaq 100 | PairCorr |
| 0.95 | SRVEX | Victory Diversified Stock | PairCorr |
| 0.95 | SSGSX | Victory Sycamore Small | PairCorr |
| 0.95 | SSVSX | Victory Special Value | PairCorr |
| 0.75 | SBFCX | Victory Incore Investment | PairCorr |
| 0.75 | SBFMX | Victory Portfolios | PairCorr |
| 0.89 | MMECX | Victory Integrity | PairCorr |
| 0.92 | MMEAX | Victory Integrity | PairCorr |
| 0.78 | MMIJX | Victory Integrity Mid | PairCorr |
| 0.89 | MMMMX | Victory Integrity | PairCorr |
| 0.92 | MMMSX | Victory Integrity | PairCorr |
| 0.94 | MNNAX | Victory Munder Multi | PairCorr |
| 0.93 | RSEGX | Victory Rs Small | PairCorr |
| 0.98 | RSDGX | Victory Rs Select | PairCorr |
| 0.84 | RSGGX | Victory Rs Global | PairCorr |
| 0.98 | RSGFX | Victory Rs Select | PairCorr |
| 0.95 | RSGRX | Victory Rs Growth | PairCorr |
| 0.94 | RSIFX | Victory Rs Science | PairCorr |
| 0.65 | RSINX | Victory Rs Investors | PairCorr |
| 0.64 | RSIYX | Victory Rs Investors | PairCorr |
| 0.96 | RSMOX | Victory Rs Mid | PairCorr |
| 0.89 | RSPFX | Victory Rs Partners | PairCorr |
| 0.69 | RSNRX | Victory Global Natural | PairCorr |
Moving against Victory Mutual Fund
| 0.86 | IPFIX | Victory Incore | PairCorr |
| 0.81 | UITCX | Usaa Intermediate Term | PairCorr |
| 0.81 | RSDYX | Victory Incore Low | PairCorr |
| 0.8 | UITBX | Intermediate Term Bond | PairCorr |
| 0.77 | UINCX | Income Fund Income | PairCorr |
| 0.55 | RSENX | Victory Sophus Emerging | PairCorr |
| 0.48 | UITIX | Usaa Tax Exempt | PairCorr |
| 0.37 | RSFYX | Victory Floating Rate | PairCorr |
| 0.73 | RSIGX | Victory Rs International | PairCorr |
| 0.6 | UPMMX | Precious Metals And | PairCorr |
| 0.5 | RSYYX | Victory High Yield | PairCorr |
Related Correlations Analysis
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | AEAXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ELMXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | MODXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | PBMXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | HUCXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ICAXX | ||
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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 Rs 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 Rs' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AEAXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ELMXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MODXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PBMXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HUCXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ICAXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |