Victory Portfolios Fund Market Value
| SBFMX Fund | USD 18.52 0.16 0.87% |
| Symbol | Victory |
Victory Portfolios '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 Portfolios' 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 Portfolios.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Victory Portfolios on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Victory Portfolios or generate 0.0% return on investment in Victory Portfolios over 90 days. Victory Portfolios is related to or competes with Nationwide Government, Franklin Adjustable, Us Government, California Municipal, Short-term Government, and Morningstar Municipal. Under normal circumstances, the fund will invest at least 80 percent of its assets in investment grade securities convertible into common stock and synthetic convertible securities, which are derivative positions composed of two or more securities with investment characteristics that, when taken together, resemble those of traditional convertible securities. More
Victory Portfolios 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 Portfolios' 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 Portfolios upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0503 | |||
| Maximum Drawdown | 1.87 | |||
| Value At Risk | (0.75) | |||
| Potential Upside | 0.5333 |
Victory Portfolios Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Portfolios' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Portfolios' standard deviation. In reality, there are many statistical measures that can use Victory Portfolios historical prices to predict the future Victory Portfolios' volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | 1.07 |
Victory Portfolios Backtested Returns
Victory Portfolios owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the fund had a -0.11 % return per unit of risk over the last 3 months. Victory Portfolios exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Victory Portfolios' Coefficient Of Variation of (567.85), variance of 0.1913, and Risk Adjusted Performance of (0.16) to confirm the risk estimate we provide. The entity has a beta of -0.0812, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Victory Portfolios are expected to decrease at a much lower rate. During the bear market, Victory Portfolios is likely to outperform the market.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Victory Portfolios has insignificant reverse predictability. Overlapping area represents the amount of predictability between Victory Portfolios time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Portfolios price movement. The serial correlation of -0.18 indicates that over 18.0% of current Victory Portfolios price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Victory Portfolios lagged returns against current returns
Autocorrelation, which is Victory Portfolios 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 Portfolios' mutual fund expected returns. We can calculate the autocorrelation of Victory Portfolios returns to help us make a trade decision. For example, suppose you find that Victory Portfolios 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 Portfolios 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 Portfolios mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Victory Portfolios 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 Portfolios mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Victory Portfolios Lagged Returns
When evaluating Victory Portfolios' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Victory Portfolios mutual fund have on its future price. Victory Portfolios 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 Portfolios autocorrelation shows the relationship between Victory Portfolios mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Victory Portfolios .
Regressed Prices |
| Timeline |
Also Currently Popular
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 Portfolios 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 Portfolios security.
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