Victory High Income Fund Manager Performance Evaluation
| RSHCX Fund | USD 9.69 0.02 0.21% |
The entity has a beta of 0.0925, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Victory High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Victory High is expected to be smaller as well.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Victory High Income are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, Victory High is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 1.5700 |
Victory |
Victory High Relative Risk vs. Return Landscape
If you would invest 964.00 in Victory High Income on August 17, 2024 and sell it today you would earn a total of 5.00 from holding Victory High Income or generate 0.52% return on investment over 90 days. Victory High Income is currently producing 0.0089% returns and takes up 0.3759% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than Victory, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Victory High Current Valuation
Fairly Valued
Today
Please note that Victory High's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Victory High Income has a current Real Value of $9.69 per share. The regular price of the fund is $9.69. We determine the value of Victory High Income from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Victory High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Victory Mutual Fund. However, Victory High's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 9.69 | Real 9.69 | Hype 9.69 | Naive 9.77 |
The intrinsic value of Victory High's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Victory High's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Victory High Income helps investors to forecast how Victory mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Victory High more accurately as focusing exclusively on Victory High's fundamentals will not take into account other important factors: Victory High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory High's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Victory High Income, and traders can use it to determine the average amount a Victory High's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0237
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RSHCX |
Estimated Market Risk
| 0.38 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Victory High is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Victory High by adding it to a well-diversified portfolio.
Victory High Fundamentals Growth
Victory Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Victory High, and Victory High fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Victory Mutual Fund performance.
| Total Asset | 52.6 M | ||||
About Victory High Performance
Evaluating Victory High's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Victory High has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Victory High has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests primarily in municipal obligations, the interest on which is, in the opinion of the issuers bond counsel, exempt from federal individual income tax . Under normal circumstances at least 80 percent of the value of the funds assets will be invested in tax-exempt municipal obligations .Things to note about Victory High Income performance evaluation
Checking the ongoing alerts about Victory High for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Victory High Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -1.0% | |
| Victory High Income maintains about 100.0% of its assets in bonds |
- Analyzing Victory High's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Victory High's stock is overvalued or undervalued compared to its peers.
- Examining Victory High's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Victory High's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Victory High's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Victory High's mutual fund. These opinions can provide insight into Victory High's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Victory Mutual Fund
Victory High 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 High security.
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