Victory Rs Correlations
RSDGX Fund | USD 21.94 0.09 0.41% |
The current 90-days correlation between Victory Rs Select and Redwood Real Estate is -0.18 (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 |
Moving together with Victory Mutual Fund
0.98 | UINQX | Usaa Nasdaq 100 | PairCorr |
0.7 | SRVEX | Victory Diversified Stock | PairCorr |
0.64 | UITCX | Usaa Intermediate Term | PairCorr |
0.7 | UITIX | Usaa Tax Exempt | PairCorr |
0.65 | SSGSX | Victory Sycamore Small | PairCorr |
0.81 | SBFCX | Victory Incore Investment | PairCorr |
0.85 | SBFMX | Victory Portfolios | PairCorr |
0.66 | MMECX | Victory Integrity | PairCorr |
0.97 | MMEAX | Victory Integrity | PairCorr |
0.65 | MMIJX | Victory Integrity Mid | PairCorr |
0.66 | MMMMX | Victory Integrity | PairCorr |
0.64 | MMMSX | Victory Integrity | PairCorr |
0.7 | MNNAX | Victory Munder Multi | PairCorr |
0.65 | RSDYX | Victory Incore Low | PairCorr |
0.77 | RSENX | Victory Sophus Emerging | PairCorr |
0.99 | RSEGX | Victory Rs Small | PairCorr |
0.88 | RSFYX | Victory Floating Rate | PairCorr |
0.66 | RSGGX | Victory Rs Global | PairCorr |
0.66 | RSGFX | Victory Rs Select | PairCorr |
0.99 | RSGRX | Victory Rs Growth | PairCorr |
0.64 | RSFCX | Victory Floating Rate | PairCorr |
0.64 | RSFMX | Victory Floating Rate | PairCorr |
0.65 | RSFLX | Victory Floating Rate | PairCorr |
0.99 | RSIFX | Victory Rs Science | PairCorr |
0.61 | RSINX | Victory Rs Investors | PairCorr |
0.61 | RSIYX | Victory Rs Investors | PairCorr |
0.98 | RSMOX | Victory Rs Mid | PairCorr |
0.92 | RSPFX | Victory Rs Partners | PairCorr |
0.87 | RSNRX | Victory Global Natural | PairCorr |
0.87 | RSNYX | Victory Global Natural | PairCorr |
0.92 | RSPYX | Victory Rs Partners | PairCorr |
Moving against Victory Mutual Fund
Related Correlations Analysis
0.81 | 1.0 | 0.71 | 0.82 | 0.93 | CREMX | ||
0.81 | 0.79 | 0.95 | 1.0 | 0.93 | RRSCX | ||
1.0 | 0.79 | 0.67 | 0.8 | 0.92 | PNDIX | ||
0.71 | 0.95 | 0.67 | 0.96 | 0.85 | IREIX | ||
0.82 | 1.0 | 0.8 | 0.96 | 0.94 | PREAX | ||
0.93 | 0.93 | 0.92 | 0.85 | 0.94 | FIKMX | ||
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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 | ||
---|---|---|---|---|---|---|---|---|---|---|
CREMX | 0.02 | 0.02 | 0.00 | 17.97 | 0.00 | 0.08 | 0.16 | |||
RRSCX | 0.52 | 0.04 | (0.04) | 0.23 | 0.63 | 1.36 | 3.70 | |||
PNDIX | 0.04 | 0.02 | 0.00 | 10.47 | 0.00 | 0.10 | 0.20 | |||
IREIX | 0.63 | 0.03 | (0.03) | 0.19 | 0.83 | 1.53 | 4.76 | |||
PREAX | 0.54 | 0.05 | (0.03) | 0.24 | 0.67 | 1.38 | 3.55 | |||
FIKMX | 0.19 | 0.03 | (0.23) | 0.35 | 0.04 | 0.42 | 1.35 |