Victory Rs Correlations
| GPSCXDelisted Fund | USD 8.83 0.00 0.00% |
The current 90-days correlation between Victory Rs Small and Vanguard Money Market is -0.04 (i.e., Good diversification). The correlation of Victory Rs 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 Rs Correlation With Market
Significant diversification
The correlation between Victory Rs Small and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Victory Rs Small and DJI in the same portfolio, assuming nothing else is changed.
Victory |
Moving together with Victory Mutual Fund
Moving against Victory Mutual Fund
| 0.87 | RYCCX | Nasdaq 100 2x | PairCorr |
| 0.59 | VSGIX | Vanguard Small Cap | PairCorr |
| 0.59 | VISGX | Vanguard Small Cap | PairCorr |
| 0.58 | JGMCX | Janus Triton | PairCorr |
| 0.57 | INPIX | Internet Ultrasector | PairCorr |
| 0.57 | INPSX | Internet Ultrasector | PairCorr |
| 0.55 | VEXPX | Vanguard Explorer | PairCorr |
| 0.55 | VEXRX | Vanguard Explorer | PairCorr |
| 0.53 | DXQLX | Direxion Monthly Nasdaq | PairCorr |
| 0.53 | RYVLX | Nasdaq 100 2x | PairCorr |
| 0.53 | RYVYX | Nasdaq 100 2x | PairCorr |
| 0.53 | UOPIX | Ultra Nasdaq 100 | PairCorr |
| 0.53 | UOPSX | Ultranasdaq 100 Profund | PairCorr |
| 0.52 | VSGAX | Vanguard Small Cap | PairCorr |
| 0.51 | JGMNX | Janus Triton | PairCorr |
| 0.5 | JGMIX | Janus Triton | PairCorr |
| 0.5 | JGMRX | Janus Triton | PairCorr |
| 0.5 | JGMAX | Janus Triton | PairCorr |
| 0.92 | DIS | Walt Disney | PairCorr |
| 0.91 | IBM | International Business Earnings Call This Week | PairCorr |
| 0.89 | MSFT | Microsoft | PairCorr |
| 0.83 | GE | GE Aerospace Earnings Call This Week | PairCorr |
| 0.83 | AXP | American Express | PairCorr |
| 0.83 | CAT | Caterpillar | PairCorr |
| 0.75 | BA | Boeing | PairCorr |
| 0.73 | CVX | Chevron Corp | PairCorr |
| 0.72 | PFE | Pfizer Inc | PairCorr |
| 0.68 | DD | Dupont De Nemours | PairCorr |
| 0.62 | XOM | Exxon Mobil Corp | PairCorr |
| 0.61 | INTC | Intel Earnings Call This Week | PairCorr |
| 0.53 | T | ATT Inc Earnings Call This Week | PairCorr |
| 0.37 | HD | Home Depot | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Victory Mutual Fund performing well and Victory Rs 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 Rs' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VMRXX | 0.03 | 0.00 | 0.00 | 1.43 | 0.00 | 0.00 | 1.01 | |||
| PBMXX | 0.03 | 0.00 | 0.00 | 1.43 | 0.00 | 0.00 | 1.01 | |||
| IVMXX | 0.03 | 0.00 | 0.00 | 1.43 | 0.00 | 0.00 | 1.01 | |||
| FMFXX | 0.03 | 0.00 | 0.00 | 1.43 | 0.00 | 0.00 | 1.01 | |||
| ABIMX | 0.19 | (0.02) | 0.00 | (0.36) | 0.00 | 0.43 | 1.29 |
Victory Rs Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Victory Rs mutual fund to make a market-neutral strategy. Peer analysis of Victory Rs could also be used in its relative valuation, which is a method of valuing Victory Rs by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Victory Rs Small?
Investing in delisted funds can be risky, as the mutual fund is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.