Victory Special Value Fund Market Value

VSVGX Fund  USD 33.24  0.13  0.39%   
Victory Special's market value is the price at which a share of Victory Special trades on a public exchange. It measures the collective expectations of Victory Special Value investors about its performance. Victory Special is trading at 33.24 as of the 9th of December 2024; that is 0.39% increase since the beginning of the trading day. The fund's open price was 33.11.
With this module, you can estimate the performance of a buy and hold strategy of Victory Special Value and determine expected loss or profit from investing in Victory Special over a given investment horizon. Check out Victory Special Correlation, Victory Special Volatility and Victory Special Alpha and Beta module to complement your research on Victory Special.
Symbol

Please note, there is a significant difference between Victory Special's value and its price as these two are different measures arrived at by different means. Investors typically determine if Victory Special is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Victory Special'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 Special '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 Special'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 Special.
0.00
11/09/2024
No Change 0.00  0.0 
In 30 days
12/09/2024
0.00
If you would invest  0.00  in Victory Special on November 9, 2024 and sell it all today you would earn a total of 0.00 from holding Victory Special Value or generate 0.0% return on investment in Victory Special over 30 days. Victory Special is related to or competes with Enhanced, Aqr Large, T Rowe, Morningstar Unconstrained, Jhancock Disciplined, and Rational Strategic. The Adviser pursues the funds investment objective by investing, under normal circumstances, in common stocks of compani... More

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

Victory Special Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Special's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Special's standard deviation. In reality, there are many statistical measures that can use Victory Special historical prices to predict the future Victory Special's volatility.
Hype
Prediction
LowEstimatedHigh
32.4533.2434.03
Details
Intrinsic
Valuation
LowRealHigh
29.9235.8136.60
Details
Naive
Forecast
LowNextHigh
32.5333.3334.12
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
31.9432.7433.54
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Victory Special. Your research has to be compared to or analyzed against Victory Special's peers to derive any actionable benefits. When done correctly, Victory Special's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Victory Special Value.

Victory Special Value Backtested Returns

Victory Special appears to be very steady, given 3 months investment horizon. Victory Special Value 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 Special Value, which you can use to evaluate the volatility of the fund. Please review Victory Special's Coefficient Of Variation of 469.28, semi deviation of 0.64, and Risk Adjusted Performance of 0.1591 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.9, which indicates possible diversification benefits within a given portfolio. Victory Special returns are very sensitive to returns on the market. As the market goes up or down, Victory Special is expected to follow.

Auto-correlation

    
  -0.54  

Good reverse predictability

Victory Special Value has good reverse predictability. Overlapping area represents the amount of predictability between Victory Special time series from 9th of November 2024 to 24th of November 2024 and 24th of November 2024 to 9th 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 Special Value price movement. The serial correlation of -0.54 indicates that about 54.0% of current Victory Special price fluctuation can be explain by its past prices.
Correlation Coefficient-0.54
Spearman Rank Test-0.48
Residual Average0.0
Price Variance0.04

Victory Special Value lagged returns against current returns

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

Victory Special Lagged Returns

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

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Other Information on Investing in Victory Mutual Fund

Victory Special 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 Special security.
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