Victory Diversified Stock Fund Market Value

VDSYX Fund  USD 25.04  0.09  0.36%   
Victory Diversified's market value is the price at which a share of Victory Diversified trades on a public exchange. It measures the collective expectations of Victory Diversified Stock investors about its performance. Victory Diversified is trading at 25.04 as of the 8th of December 2024; that is 0.36% up since the beginning of the trading day. The fund's open price was 24.95.
With this module, you can estimate the performance of a buy and hold strategy of Victory Diversified Stock and determine expected loss or profit from investing in Victory Diversified over a given investment horizon. Check out Victory Diversified Correlation, Victory Diversified Volatility and Victory Diversified Alpha and Beta module to complement your research on Victory Diversified.
Symbol

Please note, there is a significant difference between Victory Diversified's value and its price as these two are different measures arrived at by different means. Investors typically determine if Victory Diversified is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Victory Diversified'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 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.
0.00
09/09/2024
No Change 0.00  0.0 
In 3 months and 1 day
12/08/2024
0.00
If you would invest  0.00  in Victory Diversified on September 9, 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 90 days. Victory Diversified is related to or competes with Energy Fund, World Energy, Calvert Global, Icon Natural, and Jennison Natural. The investment seeks to provide long-term growth of capital 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.

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.
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.
Hype
Prediction
LowEstimatedHigh
24.2425.0425.84
Details
Intrinsic
Valuation
LowRealHigh
22.5426.9727.77
Details
Naive
Forecast
LowNextHigh
24.3225.1125.91
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.0524.6625.27
Details

Victory Diversified Stock Backtested Returns

Victory Diversified appears to be very steady, given 3 months investment horizon. Victory Diversified Stock owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the fund had a 0.25% 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 review Victory Diversified's Semi Deviation of 0.4976, coefficient of variation of 398.02, and Risk Adjusted Performance of 0.1868 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.0734, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Victory Diversified's returns are expected to increase less than the market. However, during the bear market, the loss of holding Victory Diversified is expected to be smaller as well.

Auto-correlation

    
  0.79  

Good predictability

Victory Diversified Stock has good predictability. Overlapping area represents the amount of predictability between Victory Diversified time series from 9th of September 2024 to 24th of October 2024 and 24th of October 2024 to 8th 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 0.79 indicates that around 79.0% of current Victory Diversified price fluctuation can be explain by its past prices.
Correlation Coefficient0.79
Spearman Rank Test0.74
Residual Average0.0
Price Variance0.25

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  

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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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