Victory Sycamore Established Fund Market Value

VEVYX Fund  USD 53.97  0.03  0.06%   
Victory Sycamore's market value is the price at which a share of Victory Sycamore trades on a public exchange. It measures the collective expectations of Victory Sycamore Established investors about its performance. Victory Sycamore is trading at 53.97 as of the 5th of December 2024; that is 0.06% down since the beginning of the trading day. The fund's open price was 54.0.
With this module, you can estimate the performance of a buy and hold strategy of Victory Sycamore Established and determine expected loss or profit from investing in Victory Sycamore over a given investment horizon. Check out Victory Sycamore Correlation, Victory Sycamore Volatility and Victory Sycamore Alpha and Beta module to complement your research on Victory Sycamore.
Symbol

Please note, there is a significant difference between Victory Sycamore's value and its price as these two are different measures arrived at by different means. Investors typically determine if Victory Sycamore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Victory Sycamore'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 Sycamore '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 Sycamore'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 Sycamore.
0.00
09/06/2024
No Change 0.00  0.0 
In 2 months and 31 days
12/05/2024
0.00
If you would invest  0.00  in Victory Sycamore on September 6, 2024 and sell it all today you would earn a total of 0.00 from holding Victory Sycamore Established or generate 0.0% return on investment in Victory Sycamore over 90 days. Victory Sycamore is related to or competes with Nasdaq 100, Commodities Strategy, Templeton Emerging, Dodge Cox, Growth Strategy, and T Rowe. Under normal circumstances, at least 80 percent of the funds assets will be invested in equity securities of companies w... More

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

Victory Sycamore Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Sycamore's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Sycamore's standard deviation. In reality, there are many statistical measures that can use Victory Sycamore historical prices to predict the future Victory Sycamore'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 Sycamore'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
53.3054.0054.70
Details
Intrinsic
Valuation
LowRealHigh
52.9253.6254.32
Details
Naive
Forecast
LowNextHigh
53.6654.3655.07
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
52.9153.7254.53
Details

Victory Sycamore Est Backtested Returns

At this stage we consider Victory Mutual Fund to be very steady. Victory Sycamore Est owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the fund had a 0.17% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Victory Sycamore Established, which you can use to evaluate the volatility of the fund. Please validate Victory Sycamore's Coefficient Of Variation of 815.29, risk adjusted performance of 0.0901, and Semi Deviation of 0.5027 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. The entity has a beta of 0.81, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Victory Sycamore's returns are expected to increase less than the market. However, during the bear market, the loss of holding Victory Sycamore is expected to be smaller as well.

Auto-correlation

    
  0.60  

Good predictability

Victory Sycamore Established has good predictability. Overlapping area represents the amount of predictability between Victory Sycamore time series from 6th of September 2024 to 21st of October 2024 and 21st of October 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 Sycamore Est price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Victory Sycamore price fluctuation can be explain by its past prices.
Correlation Coefficient0.6
Spearman Rank Test0.75
Residual Average0.0
Price Variance0.95

Victory Sycamore Est lagged returns against current returns

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

Victory Sycamore Lagged Returns

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

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Other Information on Investing in Victory Mutual Fund

Victory Sycamore 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 Sycamore security.
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