Victory Global Natural Fund Market Value

RGNCX Fund  USD 26.93  0.14  0.52%   
Victory Global's market value is the price at which a share of Victory Global trades on a public exchange. It measures the collective expectations of Victory Global Natural investors about its performance. Victory Global is trading at 26.93 as of the 18th of March 2025; that is 0.52 percent decrease since the beginning of the trading day. The fund's open price was 27.07.
With this module, you can estimate the performance of a buy and hold strategy of Victory Global Natural and determine expected loss or profit from investing in Victory Global over a given investment horizon. Check out Victory Global Correlation, Victory Global Volatility and Victory Global Alpha and Beta module to complement your research on Victory Global.
Symbol

Please note, there is a significant difference between Victory Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Victory Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Victory Global'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 Global '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 Global'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 Global.
0.00
12/18/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/18/2025
0.00
If you would invest  0.00  in Victory Global on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Victory Global Natural or generate 0.0% return on investment in Victory Global over 90 days. Victory Global is related to or competes with Short Duration, Simt Multi-asset, Invesco Short, Inflation Linked, Schwab Treasury, American Funds, and Ab Bond. The fund normally invests at least 80 percent of its assets in securities of companies that SailingStone Capital Partner... More

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

Victory Global Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Global's standard deviation. In reality, there are many statistical measures that can use Victory Global historical prices to predict the future Victory Global'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 Global'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
25.6527.0728.49
Details
Intrinsic
Valuation
LowRealHigh
25.5326.9528.37
Details
Naive
Forecast
LowNextHigh
25.5326.9528.38
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.7426.1327.52
Details

Victory Global Natural Backtested Returns

At this stage we consider VICTORY Mutual Fund to be very steady. Victory Global Natural owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0642, which indicates the fund had a 0.0642 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Victory Global Natural, which you can use to evaluate the volatility of the fund. Please validate Victory Global's Risk Adjusted Performance of (0.03), coefficient of variation of (2,360), and Variance of 2.39 to confirm if the risk estimate we provide is consistent with the expected return of 0.0906%. The entity has a beta of 0.56, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Victory Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Victory Global is expected to be smaller as well.

Auto-correlation

    
  -0.26  

Weak reverse predictability

Victory Global Natural has weak reverse predictability. Overlapping area represents the amount of predictability between Victory Global time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th of March 2025. 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 Global Natural price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Victory Global price fluctuation can be explain by its past prices.
Correlation Coefficient-0.26
Spearman Rank Test0.18
Residual Average0.0
Price Variance0.74
VICTORY ReturnsVICTORY Lagged ReturnsDiversified AwayVICTORY ReturnsVICTORY Lagged ReturnsDiversified Away100%

Victory Global Natural lagged returns against current returns

Autocorrelation, which is Victory Global 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 Global's mutual fund expected returns. We can calculate the autocorrelation of Victory Global returns to help us make a trade decision. For example, suppose you find that Victory Global 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   
JavaScript chart by amCharts 3.21.15FebFeb 08Feb 13Feb 18Feb 23Feb 28MarMar 10Mar 15-6%-4%-2%0%2%4%6%8%10% 1
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Victory Global 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 Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Victory Global 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 Global mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15FebFeb 08Feb 13Feb 18Feb 23Feb 28MarMar 10Mar 1525.526.026.527.027.5
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Victory Global Lagged Returns

When evaluating Victory Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Victory Global mutual fund have on its future price. Victory Global 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 Global autocorrelation shows the relationship between Victory Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Victory Global Natural.
   Regressed Prices   
JavaScript chart by amCharts 3.21.152025FebMar25.025.526.026.527.027.528.028.5
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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Other Information on Investing in VICTORY Mutual Fund

Victory Global 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 Global security.
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