Victory Munder Mid Cap Fund Market Value

MGOYX Fund  USD 15.22  0.03  0.20%   
Victory Munder's market value is the price at which a share of Victory Munder trades on a public exchange. It measures the collective expectations of Victory Munder Mid Cap investors about its performance. Victory Munder is trading at 15.22 as of the 5th of December 2024; that is 0.20% up since the beginning of the trading day. The fund's open price was 15.19.
With this module, you can estimate the performance of a buy and hold strategy of Victory Munder Mid Cap and determine expected loss or profit from investing in Victory Munder over a given investment horizon. Check out Victory Munder Correlation, Victory Munder Volatility and Victory Munder Alpha and Beta module to complement your research on Victory Munder.
Symbol

Please note, there is a significant difference between Victory Munder's value and its price as these two are different measures arrived at by different means. Investors typically determine if Victory Munder is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Victory Munder'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 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.
0.00
12/16/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/05/2024
0.00
If you would invest  0.00  in Victory Munder on December 16, 2022 and sell it all today you would earn a total of 0.00 from holding Victory Munder Mid Cap or generate 0.0% return on investment in Victory Munder over 720 days. Victory Munder is related to or competes with Angel Oak, Jpmorgan Emerging, Arrow Managed, Nasdaq 100, Mondrian Emerging, and Shelton Emerging. The adviser pursues the funds objective by investing, under normal circumstances, at least 80 percent of the funds asset... 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 Mid Cap upside and downside potential and time the market with a certain degree of confidence.

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.
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.
Hype
Prediction
LowEstimatedHigh
14.4415.2216.00
Details
Intrinsic
Valuation
LowRealHigh
14.2915.0715.85
Details
Naive
Forecast
LowNextHigh
14.4115.1915.97
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.1115.1915.27
Details

Victory Munder Mid Backtested Returns

At this stage we consider Victory Mutual Fund to be very steady. Victory Munder Mid owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the fund had a 0.22% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Victory Munder Mid Cap, which you can use to evaluate the volatility of the fund. Please validate Victory Munder's Semi Deviation of 0.5283, coefficient of variation of 573.01, and Risk Adjusted Performance of 0.1295 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. The entity has a beta of 0.92, 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

    
  -0.04  

Very weak reverse predictability

Victory Munder Mid Cap has very weak reverse predictability. Overlapping area represents the amount of predictability between Victory Munder time series from 16th of December 2022 to 11th of December 2023 and 11th of December 2023 to 5th 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 Munder Mid price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Victory Munder price fluctuation can be explain by its past prices.
Correlation Coefficient-0.04
Spearman Rank Test0.09
Residual Average0.0
Price Variance0.45

Victory Munder Mid 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 Mid 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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