Victory Munder Multi Cap Fund Market Value
| MNNCX Fund | USD 39.78 0.21 0.53% |
| Symbol | Victory |
Victory Munder '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 Munder'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 Munder.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Victory Munder on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Victory Munder Multi Cap or generate 0.0% return on investment in Victory Munder over 180 days. Victory Munder is related to or competes with Barings Active, Multisector Bond, Blrc Sgy, Versatile Bond, Mirova Global, Ab Bond, and Artisan High. The adviser pursues the funds investment objective by identifying secular growth trends and investing in equity securiti... More
Victory Munder 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 Munder'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 Munder Multi Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 5.06 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 1.51 |
Victory Munder Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Munder's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Munder's standard deviation. In reality, there are many statistical measures that can use Victory Munder historical prices to predict the future Victory Munder's volatility.| Risk Adjusted Performance | 0.0845 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0916 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Victory Munder'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 Munder Multi Backtested Returns
At this stage we consider Victory Mutual Fund to be out of control. Victory Munder Multi owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Victory Munder Multi Cap, which you can use to evaluate the volatility of the fund. Please validate Victory Munder's Semi Deviation of 0.9277, risk adjusted performance of 0.0845, and Coefficient Of Variation of 926.93 to confirm if the risk estimate we provide is consistent with the expected return of 0.0999%. The entity has a beta of 0.99, which indicates possible diversification benefits within a given portfolio. Victory Munder returns are very sensitive to returns on the market. As the market goes up or down, Victory Munder is expected to follow.
Auto-correlation | 0.48 |
Average predictability
Victory Munder Multi Cap has average predictability. Overlapping area represents the amount of predictability between Victory Munder time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 Munder Multi price movement. The serial correlation of 0.48 indicates that about 48.0% of current Victory Munder price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 1.42 |
Victory Munder Multi lagged returns against current returns
Autocorrelation, which is Victory Munder 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 Munder's mutual fund expected returns. We can calculate the autocorrelation of Victory Munder returns to help us make a trade decision. For example, suppose you find that Victory Munder 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 Munder 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 Munder mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Victory Munder 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 Munder mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Victory Munder Lagged Returns
When evaluating Victory Munder's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Victory Munder mutual fund have on its future price. Victory Munder 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 Munder autocorrelation shows the relationship between Victory Munder mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Victory Munder Multi Cap.
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 Munder 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 Munder security.
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