Victory Rs Correlations

RSIRX Fund

USD 12.67 0.16 1.28%

The current 90-days correlation between Victory Rs International and Ms Global Fixed is 0.11 (i.e., Average diversification). The correlation of Victory Rs is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Victory Rs Correlation With Market

Very weak diversification

The correlation between Victory Rs International and DJI is 0.44 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Victory Rs International and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Victory Rs International. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with Victory Mutual Fund

1.0	GUBGX	Victory Rs International	Pair Corr
0.68	GGIFX	Victory Incore	Pair Corr
0.91	MAIRX	Victory Trivalent	Pair Corr
0.98	MSSIX	Victory Trivalent	Pair Corr
0.77	REMKX	Victory Sophus Emerging	Pair Corr
0.7	MUCCX	Victory Incore Total	Pair Corr
0.7	MUCAX	Victory Incore Total	Pair Corr

Moving against Victory Mutual Fund

0.61	RSCYX	Victory Rs Small	Pair Corr
0.6	RSCCX	Victory Rs Small	Pair Corr
0.57	MMEYX	Victory Integrity	Pair Corr
0.57	RSSRX	Victory Rs Select	Pair Corr
0.56	VSOIX	Victory Sycamore Small	Pair Corr
0.56	VSORX	Victory Sycamore Small	Pair Corr
0.5	RSPKX	Victory Rs Partners	Pair Corr
0.47	RSEJX	Victory Rs Small	Pair Corr
0.42	MNNYX	Victory Munder Multi	Pair Corr
0.42	VSPIX	Victory Special Value	Pair Corr
0.41	MNNCX	Victory Munder Multi	Pair Corr
0.56	VSOYX	Victory Sycamore Small	Pair Corr
0.51	MRVSX	Victory Integrity Small	Pair Corr
0.49	MAISX	Victory Integrity	Pair Corr
0.44	MRIMX	Victory Integrity Mid	Pair Corr
0.42	VSVGX	Victory Special Value	Pair Corr
0.42	VDSIX	Victory Diversified Stock	Pair Corr
0.42	VDSRX	Victory Diversified Stock	Pair Corr
0.42	VDSYX	Victory Diversified Stock	Pair Corr
0.41	VSVCX	Victory Special Value	Pair Corr
0.56	GOGFX	Victory Sycamore Small	Pair Corr
0.51	MVSSX	Victory Integrity Small	Pair Corr
0.44	RGWCX	Victory Rs Growth	Pair Corr
0.43	MCIMX	Victory Integrity Mid	Pair Corr

Related Correlations Analysis

	MFIRX	LOGRX	CGEOX	APDNX	RUSTX	RGELX	SRFMX
MFIRX		0.22	0.26	0.27	0.14	0.28	0.24	MFIRX
LOGRX	0.22		0.83	0.95	0.92	0.86	0.89	LOGRX
CGEOX	0.26	0.83		0.85	0.9	0.95	0.88	CGEOX
APDNX	0.27	0.95	0.85		0.93	0.88	0.86	APDNX
RUSTX	0.14	0.92	0.9	0.93		0.96	0.88	RUSTX
RGELX	0.28	0.86	0.95	0.88	0.96		0.89	RGELX
SRFMX	0.24	0.89	0.88	0.86	0.88	0.89		SRFMX
	MFIRX	LOGRX	CGEOX	APDNX	RUSTX	RGELX	SRFMX

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Risk-Adjusted Indicators

There is a big difference between Victory Mutual Fund performing well and Victory Rs Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Victory Rs' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
MFIRX	0.10	0.01	(0.53)	(0.52)	0.00	(0.23)	0.19	(0.19)	0.76
LOGRX	0.47	(0.01)	(0.11)	0.11	0.39	(0.52)	0.86	(0.89)	2.96
CGEOX	0.65	(0.04)	(0.07)	0.08	0.85	(0.72)	1.45	(1.59)	4.11
APDNX	0.54	(0.01)	(0.07)	0.11	0.46	(0.66)	1.24	(0.99)	3.41
RUSTX	0.55	0.01	(0.01)	0.14	0.68	(0.60)	1.07	(1.39)	4.17
RGELX	0.57	0.01	(0.05)	0.14	0.55	(0.67)	1.31	(1.29)	3.60
SRFMX	0.53	(0.04)	(0.10)	0.07	0.67	(0.57)	0.99	(1.30)	3.50

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