Victory Rs Partners Fund Market Value

RPPRX Fund   34.35  0.24  0.69%   
Victory Rs' market value is the price at which a share of Victory Rs trades on a public exchange. It measures the collective expectations of Victory Rs Partners investors about its performance. Victory Rs is trading at 34.35 as of the 14th of December 2024; that is 0.69% down since the beginning of the trading day. The fund's open price was 34.59.
With this module, you can estimate the performance of a buy and hold strategy of Victory Rs Partners and determine expected loss or profit from investing in Victory Rs over a given investment horizon. Check out Victory Rs Correlation, Victory Rs Volatility and Victory Rs Alpha and Beta module to complement your research on Victory Rs.
Symbol

Please note, there is a significant difference between Victory Rs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Victory Rs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Victory Rs' 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 Rs '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 Rs' 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 Rs.
0.00
06/17/2024
No Change 0.00  0.0 
In 5 months and 30 days
12/14/2024
0.00
If you would invest  0.00  in Victory Rs on June 17, 2024 and sell it all today you would earn a total of 0.00 from holding Victory Rs Partners or generate 0.0% return on investment in Victory Rs over 180 days. Victory Rs is related to or competes with Victory Integrity, Madison Investors, Victory Munder, and Victory Integrity. The fund invests principally in equity securities of small-capitalization companies More

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

Victory Rs Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Rs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Rs' standard deviation. In reality, there are many statistical measures that can use Victory Rs historical prices to predict the future Victory Rs' volatility.
Hype
Prediction
LowEstimatedHigh
33.2834.3535.42
Details
Intrinsic
Valuation
LowRealHigh
33.0834.1535.22
Details

Victory Rs Partners Backtested Returns

At this stage we consider Victory Mutual Fund to be very steady. Victory Rs Partners 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 Rs Partners, which you can use to evaluate the volatility of the fund. Please validate Victory Rs' Risk Adjusted Performance of 0.1177, semi deviation of 0.4644, and Coefficient Of Variation of 633.59 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. The entity has a beta of 0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Victory Rs' returns are expected to increase less than the market. However, during the bear market, the loss of holding Victory Rs is expected to be smaller as well.

Auto-correlation

    
  0.54  

Modest predictability

Victory Rs Partners has modest predictability. Overlapping area represents the amount of predictability between Victory Rs time series from 17th of June 2024 to 15th of September 2024 and 15th of September 2024 to 14th 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 Rs Partners price movement. The serial correlation of 0.54 indicates that about 54.0% of current Victory Rs price fluctuation can be explain by its past prices.
Correlation Coefficient0.54
Spearman Rank Test0.26
Residual Average0.0
Price Variance1.35

Victory Rs Partners lagged returns against current returns

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

Victory Rs Lagged Returns

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

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Other Information on Investing in Victory Mutual Fund

Victory Rs 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 Rs security.
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