Victory Sophus Emerging Fund Market Value

REMKX Fund  USD 18.38  0.08  0.44%   
Victory Sophus' market value is the price at which a share of Victory Sophus trades on a public exchange. It measures the collective expectations of Victory Sophus Emerging investors about its performance. Victory Sophus is trading at 18.38 as of the 9th of December 2024; that is 0.44% increase since the beginning of the trading day. The fund's open price was 18.3.
With this module, you can estimate the performance of a buy and hold strategy of Victory Sophus Emerging and determine expected loss or profit from investing in Victory Sophus over a given investment horizon. Check out Victory Sophus Correlation, Victory Sophus Volatility and Victory Sophus Alpha and Beta module to complement your research on Victory Sophus.
Symbol

Please note, there is a significant difference between Victory Sophus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Victory Sophus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Victory Sophus' 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 Sophus '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 Sophus' 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 Sophus.
0.00
12/20/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/09/2024
0.00
If you would invest  0.00  in Victory Sophus on December 20, 2022 and sell it all today you would earn a total of 0.00 from holding Victory Sophus Emerging or generate 0.0% return on investment in Victory Sophus over 720 days. Victory Sophus is related to or competes with Siit Ultra, Franklin Federal, Jhancock Short, Maryland Short-term, Baird Short-term, Angel Oak, and Astor Long/short. The fund normally invests at least 80 percent of its assets in securities of emerging market companies, which may includ... More

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

Victory Sophus Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Sophus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Sophus' standard deviation. In reality, there are many statistical measures that can use Victory Sophus historical prices to predict the future Victory Sophus' volatility.
Hype
Prediction
LowEstimatedHigh
17.4718.3819.29
Details
Intrinsic
Valuation
LowRealHigh
17.5918.5019.41
Details
Naive
Forecast
LowNextHigh
17.6518.5619.47
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17.9318.1918.46
Details

Victory Sophus Emerging Backtested Returns

At this stage we consider Victory Mutual Fund to be very steady. Victory Sophus Emerging owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0395, which indicates the fund had a 0.0395% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Victory Sophus Emerging, which you can use to evaluate the volatility of the fund. Please validate Victory Sophus' Coefficient Of Variation of 5852.56, risk adjusted performance of 0.0146, and Semi Deviation of 0.8232 to confirm if the risk estimate we provide is consistent with the expected return of 0.0358%. The entity has a beta of 0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Victory Sophus' returns are expected to increase less than the market. However, during the bear market, the loss of holding Victory Sophus is expected to be smaller as well.

Auto-correlation

    
  0.03  

Virtually no predictability

Victory Sophus Emerging has virtually no predictability. Overlapping area represents the amount of predictability between Victory Sophus time series from 20th of December 2022 to 15th of December 2023 and 15th of December 2023 to 9th 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 Sophus Emerging price movement. The serial correlation of 0.03 indicates that only 3.0% of current Victory Sophus price fluctuation can be explain by its past prices.
Correlation Coefficient0.03
Spearman Rank Test0.13
Residual Average0.0
Price Variance0.56

Victory Sophus Emerging lagged returns against current returns

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

Victory Sophus Lagged Returns

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

Also Currently Popular

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Other Information on Investing in Victory Mutual Fund

Victory Sophus 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 Sophus security.
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