Victory Integrity Small Cap Fund Market Value

MCVSX Fund  USD 26.13  0.58  2.27%   
Victory Integrity's market value is the price at which a share of Victory Integrity trades on a public exchange. It measures the collective expectations of Victory Integrity Small Cap investors about its performance. Victory Integrity is trading at 26.13 as of the 28th of March 2024; that is 2.27% increase since the beginning of the trading day. The fund's open price was 25.55.
With this module, you can estimate the performance of a buy and hold strategy of Victory Integrity Small Cap and determine expected loss or profit from investing in Victory Integrity over a given investment horizon. Check out Victory Integrity Correlation, Victory Integrity Volatility and Victory Integrity Alpha and Beta module to complement your research on Victory Integrity.
Symbol

Please note, there is a significant difference between Victory Integrity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Victory Integrity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Victory Integrity'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 Integrity '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 Integrity'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 Integrity.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in Victory Integrity on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Victory Integrity Small Cap or generate 0.0% return on investment in Victory Integrity over 30 days. Victory Integrity is related to or competes with USCF Gold, Victory Diversified, Victory Sophus, Target Retirement, Income Fund, International Fund, and Intermediate Term. The adviser pursues the funds investment objective by investing, under normal circumstances, at least 80 percent of the ... More

Victory Integrity 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 Integrity'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 Integrity Small Cap upside and downside potential and time the market with a certain degree of confidence.

Victory Integrity Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Integrity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Integrity's standard deviation. In reality, there are many statistical measures that can use Victory Integrity historical prices to predict the future Victory Integrity's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Victory Integrity'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.
Hype
Prediction
LowEstimatedHigh
25.0926.1327.17
Details
Intrinsic
Valuation
LowRealHigh
24.8225.8626.90
Details
Naive
Forecast
LowNextHigh
25.1326.1727.21
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
25.3925.9426.48
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Victory Integrity. Your research has to be compared to or analyzed against Victory Integrity's peers to derive any actionable benefits. When done correctly, Victory Integrity'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 Integrity.

Victory Integrity Backtested Returns

We consider Victory Integrity very steady. Victory Integrity owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0695, which indicates the fund had a 0.0695% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Victory Integrity Small Cap, which you can use to evaluate the volatility of the fund. Please validate Victory Integrity's Risk Adjusted Performance of 0.042, semi deviation of 0.9971, and Coefficient Of Variation of 1483.02 to confirm if the risk estimate we provide is consistent with the expected return of 0.0721%. The entity has a beta of 1.6, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Victory Integrity will likely underperform.

Auto-correlation

    
  0.70  

Good predictability

Victory Integrity Small Cap has good predictability. Overlapping area represents the amount of predictability between Victory Integrity time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Integrity price movement. The serial correlation of 0.7 indicates that around 70.0% of current Victory Integrity price fluctuation can be explain by its past prices.
Correlation Coefficient0.7
Spearman Rank Test0.55
Residual Average0.0
Price Variance0.15

Victory Integrity lagged returns against current returns

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

Victory Integrity Lagged Returns

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Victory Integrity Correlation, Victory Integrity Volatility and Victory Integrity Alpha and Beta module to complement your research on Victory Integrity.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Victory Mutual Fund analysis

When running Victory Integrity's price analysis, check to measure Victory Integrity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Victory Integrity is operating at the current time. Most of Victory Integrity's value examination focuses on studying past and present price action to predict the probability of Victory Integrity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Victory Integrity's price. Additionally, you may evaluate how the addition of Victory Integrity to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Bonds Directory
Find actively traded corporate debentures issued by US companies
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Victory Integrity technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Victory Integrity technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Victory Integrity trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...