Victory Integrity Correlations
MMMSX Fund | USD 22.14 0.21 0.96% |
The current 90-days correlation between Victory Integrity and United Kingdom Small is -0.21 (i.e., Very good diversification). The correlation of Victory Integrity 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 Integrity Correlation With Market
Very poor diversification
The correlation between Victory Integrity Smallmid Cap and DJI is 0.86 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Victory Integrity Smallmid Cap and DJI in the same portfolio, assuming nothing else is changed.
Victory |
Moving together with Victory Mutual Fund
0.71 | UINCX | Income Fund Income | PairCorr |
0.96 | UINQX | Usaa Nasdaq 100 | PairCorr |
0.96 | SRVEX | Victory Diversified Stock | PairCorr |
0.68 | UITBX | Intermediate Term Bond | PairCorr |
0.68 | UITCX | Usaa Intermediate Term | PairCorr |
0.71 | UITIX | Usaa Tax Exempt | PairCorr |
0.96 | SSGSX | Victory Sycamore Small | PairCorr |
0.9 | SBFCX | Victory Incore Investment | PairCorr |
0.95 | SBFMX | Victory Portfolios | PairCorr |
0.97 | MMECX | Victory Integrity | PairCorr |
0.97 | MMEAX | Victory Integrity | PairCorr |
0.97 | RPPRX | Victory Rs Partners | PairCorr |
0.97 | MMIJX | Victory Integrity Mid | PairCorr |
0.99 | MMMMX | Victory Integrity | PairCorr |
0.96 | MNNAX | Victory Munder Multi | PairCorr |
0.84 | RSDYX | Victory Incore Low | PairCorr |
0.68 | RSENX | Victory Sophus Emerging | PairCorr |
0.94 | RSEGX | Victory Rs Small | PairCorr |
0.94 | RSDGX | Victory Rs Select | PairCorr |
0.91 | RSFYX | Victory Floating Rate | PairCorr |
0.93 | RSGGX | Victory Rs Global | PairCorr |
0.94 | RSGFX | Victory Rs Select | PairCorr |
0.94 | RSGRX | Victory Rs Growth | PairCorr |
0.92 | RSFCX | Victory Floating Rate | PairCorr |
0.92 | RSFMX | Victory Floating Rate | PairCorr |
0.92 | RSFLX | Victory Floating Rate | PairCorr |
0.94 | RSIFX | Victory Rs Science | PairCorr |
0.93 | RSINX | Victory Rs Investors | PairCorr |
0.88 | RSIGX | Victory Rs International | PairCorr |
0.92 | RSIYX | Victory Rs Investors | PairCorr |
0.93 | RSMOX | Victory Rs Mid | PairCorr |
0.93 | RSPFX | Victory Rs Partners | PairCorr |
0.94 | RSNRX | Victory Global Natural | PairCorr |
0.95 | RSNYX | Victory Global Natural | PairCorr |
0.93 | RSPMX | Victory Rs Partners | PairCorr |
0.97 | RSPYX | Victory Rs Partners | PairCorr |
Moving against Victory Mutual Fund
0.38 | IPFIX | Victory Incore | PairCorr |
0.32 | GUTEX | Victory Tax Exempt | PairCorr |
0.32 | RSTYX | Victory Tax Exempt | PairCorr |
Related Correlations Analysis
0.92 | 0.96 | 0.93 | 0.95 | DFUKX | ||
0.92 | 0.99 | 0.97 | 0.99 | GCSIX | ||
0.96 | 0.99 | 0.97 | 0.99 | OWSMX | ||
0.93 | 0.97 | 0.97 | 0.98 | QSERX | ||
0.95 | 0.99 | 0.99 | 0.98 | PLHHX | ||
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Risk-Adjusted Indicators
There is a big difference between Victory Mutual Fund performing well and Victory Integrity 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 Integrity's 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 | ||
---|---|---|---|---|---|---|---|---|---|---|
DFUKX | 0.57 | 0.26 | 0.04 | (2.76) | 0.58 | 1.52 | 4.26 | |||
GCSIX | 0.93 | 0.05 | 0.08 | 0.25 | 0.83 | 2.52 | 6.41 | |||
OWSMX | 0.43 | 0.11 | 0.02 | 0.40 | 0.24 | 1.22 | 3.06 | |||
QSERX | 0.87 | 0.32 | 0.06 | (1.23) | 0.80 | 2.66 | 5.30 | |||
PLHHX | 0.53 | 0.09 | 0.06 | 0.32 | 0.17 | 1.70 | 4.09 |