Victory Integrity Smallmid Cap Fund Market Value

MAISX Fund  USD 25.32  0.02  0.08%   
Victory Integrity's market value is the price at which a share of Victory Integrity trades on a public exchange. It measures the collective expectations of Victory Integrity Smallmid Cap investors about its performance. Victory Integrity is trading at 25.32 as of the 5th of December 2024; that is 0.08% down since the beginning of the trading day. The fund's open price was 25.34.
With this module, you can estimate the performance of a buy and hold strategy of Victory Integrity Smallmid Cap and determine expected loss or profit from investing in Victory Integrity over a given investment horizon. Check out Victory Integrity Correlation, Victory Integrity Volatility and Victory Integrity Alpha and Beta module to complement your research on Victory Integrity.
Symbol

Please note, there is a significant difference between Victory Integrity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Victory Integrity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Victory Integrity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Victory Integrity '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 Integrity'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 Integrity.
0.00
11/05/2024
No Change 0.00  0.0 
In 31 days
12/05/2024
0.00
If you would invest  0.00  in Victory Integrity on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Victory Integrity Smallmid Cap or generate 0.0% return on investment in Victory Integrity over 30 days. Victory Integrity is related to or competes with Ab Small, Us Small, Massmutual Select, Tax-managed, The Hartford, and Touchstone Small. The adviser pursues the funds investment objective by investing, under normal circumstances, at least 80 percent of the ... More

Victory Integrity 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 Integrity'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 Integrity Smallmid Cap upside and downside potential and time the market with a certain degree of confidence.

Victory Integrity Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Integrity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Integrity's standard deviation. In reality, there are many statistical measures that can use Victory Integrity historical prices to predict the future Victory Integrity's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Victory Integrity'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.
Hype
Prediction
LowEstimatedHigh
24.3225.3726.42
Details
Intrinsic
Valuation
LowRealHigh
23.9324.9826.03
Details
Naive
Forecast
LowNextHigh
24.4125.4626.51
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
25.0425.2625.48
Details

Victory Integrity Backtested Returns

Victory Integrity appears to be very steady, given 3 months investment horizon. Victory Integrity owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the fund had a 0.2% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Victory Integrity Smallmid Cap, which you can use to evaluate the volatility of the fund. Please review Victory Integrity's Coefficient Of Variation of 645.56, semi deviation of 0.5171, and Risk Adjusted Performance of 0.1175 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 1.27, 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 Integrity will likely underperform.

Auto-correlation

    
  0.58  

Modest predictability

Victory Integrity Smallmid Cap has modest predictability. Overlapping area represents the amount of predictability between Victory Integrity time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th of December 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 Integrity price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Victory Integrity price fluctuation can be explain by its past prices.
Correlation Coefficient0.58
Spearman Rank Test0.14
Residual Average0.0
Price Variance0.12

Victory Integrity lagged returns against current returns

Autocorrelation, which is Victory Integrity 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 Integrity's mutual fund expected returns. We can calculate the autocorrelation of Victory Integrity returns to help us make a trade decision. For example, suppose you find that Victory Integrity 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 Integrity 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 Integrity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Victory Integrity 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 Integrity mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Victory Integrity Lagged Returns

When evaluating Victory Integrity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Victory Integrity mutual fund have on its future price. Victory Integrity 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 Integrity autocorrelation shows the relationship between Victory Integrity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Victory Integrity Smallmid Cap.
   Regressed Prices   
       Timeline  

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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 Integrity 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 Integrity security.
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