Victory Strategic Allocation Fund Market Value

VBFCX Fund  USD 19.86  0.06  0.30%   
Victory Strategic's market value is the price at which a share of Victory Strategic trades on a public exchange. It measures the collective expectations of Victory Strategic Allocation investors about its performance. Victory Strategic is trading at 19.86 as of the 5th of December 2024; that is 0.30 percent increase since the beginning of the trading day. The fund's open price was 19.8.
With this module, you can estimate the performance of a buy and hold strategy of Victory Strategic Allocation and determine expected loss or profit from investing in Victory Strategic over a given investment horizon. Check out Victory Strategic Correlation, Victory Strategic Volatility and Victory Strategic Alpha and Beta module to complement your research on Victory Strategic.
Symbol

Please note, there is a significant difference between Victory Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Victory Strategic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Victory Strategic'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 Strategic '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 Strategic'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 Strategic.
0.00
11/05/2024
No Change 0.00  0.0 
In 30 days
12/05/2024
0.00
If you would invest  0.00  in Victory Strategic on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Victory Strategic Allocation or generate 0.0% return on investment in Victory Strategic over 30 days. Victory Strategic is related to or competes with Victory Rs, Victory High, Victory Sycamore, Victory Integrity, Victory Munder, Victory Munder, and Victory Incore. The fund is a fund of funds, which means it pursues its investment objective by investing primarily in other investment ... More

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

Victory Strategic Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Strategic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Strategic's standard deviation. In reality, there are many statistical measures that can use Victory Strategic historical prices to predict the future Victory Strategic'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 Strategic'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
19.3719.8020.23
Details
Intrinsic
Valuation
LowRealHigh
19.2719.7020.13
Details
Naive
Forecast
LowNextHigh
19.4819.9020.33
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
19.5119.6719.83
Details

Victory Strategic Backtested Returns

At this stage we consider Victory Mutual Fund to be very steady. Victory Strategic owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Victory Strategic Allocation, which you can use to evaluate the volatility of the fund. Please validate Victory Strategic's Risk Adjusted Performance of 0.0545, semi deviation of 0.3793, and Coefficient Of Variation of 1216.13 to confirm if the risk estimate we provide is consistent with the expected return of 0.0804%. The entity has a beta of 0.0676, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Victory Strategic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Victory Strategic is expected to be smaller as well.

Auto-correlation

    
  -0.43  

Modest reverse predictability

Victory Strategic Allocation has modest reverse predictability. Overlapping area represents the amount of predictability between Victory Strategic 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 Strategic price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Victory Strategic price fluctuation can be explain by its past prices.
Correlation Coefficient-0.43
Spearman Rank Test-0.71
Residual Average0.0
Price Variance0.02

Victory Strategic lagged returns against current returns

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

Victory Strategic Lagged Returns

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