Victory Diversified Stock Fund Market Value
| VDSYX Fund | USD 24.85 0.19 0.76% |
| Symbol | Victory |
Victory Diversified '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 Diversified'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 Diversified.
| 11/10/2024 |
| 12/10/2024 |
If you would invest 0.00 in Victory Diversified on November 10, 2024 and sell it all today you would earn a total of 0.00 from holding Victory Diversified Stock or generate 0.0% return on investment in Victory Diversified over 30 days. Victory Diversified is related to or competes with Baron Select, Blackrock Science, T Rowe, T Rowe, T Rowe, Victory Rs, and T Rowe. The Adviser pursues the funds investment objective by investing, under normal circumstances, at least 80 percent of its ... More
Victory Diversified 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 Diversified'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 Diversified Stock upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8394 | |||
| Information Ratio | 0.066 | |||
| Maximum Drawdown | 5.14 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 1.53 |
Victory Diversified Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Diversified's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Diversified's standard deviation. In reality, there are many statistical measures that can use Victory Diversified historical prices to predict the future Victory Diversified's volatility.| Risk Adjusted Performance | 0.1835 | |||
| Jensen Alpha | 0.0725 | |||
| Total Risk Alpha | 0.0392 | |||
| Sortino Ratio | 0.0634 | |||
| Treynor Ratio | 0.2221 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Victory Diversified'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.
Victory Diversified Stock Backtested Returns
At this stage we consider Victory Mutual Fund to be very steady. Victory Diversified Stock owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the fund had a 0.21% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Victory Diversified Stock, which you can use to evaluate the volatility of the fund. Please validate Victory Diversified's Coefficient Of Variation of 400.81, semi deviation of 0.5158, and Risk Adjusted Performance of 0.1835 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. The entity has a beta of 0.86, which indicates possible diversification benefits within a given portfolio. Victory Diversified returns are very sensitive to returns on the market. As the market goes up or down, Victory Diversified is expected to follow.
Auto-correlation | -0.63 |
Very good reverse predictability
Victory Diversified Stock has very good reverse predictability. Overlapping area represents the amount of predictability between Victory Diversified time series from 10th of November 2024 to 25th of November 2024 and 25th of November 2024 to 10th 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 Diversified Stock price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Victory Diversified price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Victory Diversified Stock lagged returns against current returns
Autocorrelation, which is Victory Diversified 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 Diversified's mutual fund expected returns. We can calculate the autocorrelation of Victory Diversified returns to help us make a trade decision. For example, suppose you find that Victory Diversified 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 Diversified 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 Diversified mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Victory Diversified 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 Diversified mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Victory Diversified Lagged Returns
When evaluating Victory Diversified's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Victory Diversified mutual fund have on its future price. Victory Diversified 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 Diversified autocorrelation shows the relationship between Victory Diversified mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Victory Diversified Stock.
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 Diversified 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 Diversified security.
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