Victory Trivalent International Fund Market Value

MSSIX Fund  USD 15.87  0.06  0.38%   
Victory Trivalent's market value is the price at which a share of Victory Trivalent trades on a public exchange. It measures the collective expectations of Victory Trivalent International investors about its performance. Victory Trivalent is trading at 15.87 as of the 8th of December 2024; that is 0.38% down since the beginning of the trading day. The fund's open price was 15.93.
With this module, you can estimate the performance of a buy and hold strategy of Victory Trivalent International and determine expected loss or profit from investing in Victory Trivalent over a given investment horizon. Check out Victory Trivalent Correlation, Victory Trivalent Volatility and Victory Trivalent Alpha and Beta module to complement your research on Victory Trivalent.
Symbol

Please note, there is a significant difference between Victory Trivalent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Victory Trivalent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Victory Trivalent'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 Trivalent '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 Trivalent'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 Trivalent.
0.00
11/08/2024
No Change 0.00  0.0 
In 31 days
12/08/2024
0.00
If you would invest  0.00  in Victory Trivalent on November 8, 2024 and sell it all today you would earn a total of 0.00 from holding Victory Trivalent International or generate 0.0% return on investment in Victory Trivalent over 30 days. Victory Trivalent is related to or competes with International Small, Vanguard Ftse, Goldman Sachs, Goldman Sachs, Goldman Sachs, Fidelity International, and Goldman Sachs. The adviser pursues the funds investment objective by investing primarily in equity securities of companies principally ... More

Victory Trivalent 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 Trivalent'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 Trivalent International upside and downside potential and time the market with a certain degree of confidence.

Victory Trivalent Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Trivalent's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Trivalent's standard deviation. In reality, there are many statistical measures that can use Victory Trivalent historical prices to predict the future Victory Trivalent's volatility.
Hype
Prediction
LowEstimatedHigh
15.0715.8716.67
Details
Intrinsic
Valuation
LowRealHigh
15.1215.9216.72
Details
Naive
Forecast
LowNextHigh
15.3916.1816.98
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.3715.7016.04
Details

Victory Trivalent Backtested Returns

At this stage we consider Victory Mutual Fund to be very steady. Victory Trivalent owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0223, which indicates the fund had a 0.0223% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Victory Trivalent International, which you can use to evaluate the volatility of the fund. Please validate Victory Trivalent's Variance of 0.7087, coefficient of variation of (254,012), and Risk Adjusted Performance of 9.0E-4 to confirm if the risk estimate we provide is consistent with the expected return of 0.0177%. The entity has a beta of 0.43, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Victory Trivalent's returns are expected to increase less than the market. However, during the bear market, the loss of holding Victory Trivalent is expected to be smaller as well.

Auto-correlation

    
  -0.72  

Almost perfect reverse predictability

Victory Trivalent International has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Victory Trivalent time series from 8th of November 2024 to 23rd of November 2024 and 23rd of November 2024 to 8th 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 Trivalent price movement. The serial correlation of -0.72 indicates that around 72.0% of current Victory Trivalent price fluctuation can be explain by its past prices.
Correlation Coefficient-0.72
Spearman Rank Test-0.33
Residual Average0.0
Price Variance0.03

Victory Trivalent lagged returns against current returns

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

Victory Trivalent Lagged Returns

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

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Other Information on Investing in Victory Mutual Fund

Victory Trivalent 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 Trivalent security.
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