Victory Trivalent International Fund Market Value
| MCISX Fund | USD 14.63 0.11 0.75% |
| Symbol | Victory |
Victory Trivalent '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 Trivalent'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 Trivalent.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Victory Trivalent on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Victory Trivalent International or generate 0.0% return on investment in Victory Trivalent over 30 days. Victory Trivalent is related to or competes with Ivy Natural, Franklin Natural, Dreyfus Natural, Hennessy, and Guinness Atkinson. The adviser pursues the funds investment objective by investing primarily in equity securities of companies principally ... More
Victory Trivalent 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 Trivalent'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 Trivalent International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 4.17 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 1.06 |
Victory Trivalent Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Trivalent's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Trivalent's standard deviation. In reality, there are many statistical measures that can use Victory Trivalent historical prices to predict the future Victory Trivalent's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Victory Trivalent'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 Trivalent Backtested Returns
Victory Trivalent owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.077, which indicates the fund had a -0.077% return per unit of risk over the last 3 months. Victory Trivalent International exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Victory Trivalent's Risk Adjusted Performance of (0.06), coefficient of variation of (1,292), and Variance of 0.7519 to confirm the risk estimate we provide. The entity has a beta of 0.51, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Victory Trivalent's returns are expected to increase less than the market. However, during the bear market, the loss of holding Victory Trivalent is expected to be smaller as well.
Auto-correlation | 0.31 |
Below average predictability
Victory Trivalent International has below average predictability. Overlapping area represents the amount of predictability between Victory Trivalent time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 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 Trivalent price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Victory Trivalent price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Victory Trivalent lagged returns against current returns
Autocorrelation, which is Victory Trivalent 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 Trivalent's mutual fund expected returns. We can calculate the autocorrelation of Victory Trivalent returns to help us make a trade decision. For example, suppose you find that Victory Trivalent 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 Trivalent 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 Trivalent mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Victory Trivalent 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 Trivalent mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Victory Trivalent Lagged Returns
When evaluating Victory Trivalent's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Victory Trivalent mutual fund have on its future price. Victory Trivalent 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 Trivalent autocorrelation shows the relationship between Victory Trivalent mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Victory Trivalent International.
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 Trivalent 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 Trivalent security.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |