Virtus Reaves is selling for under 69.49 as of the 28th of November 2024; that is 0.86 percent decrease since the beginning of the trading day. The etf's lowest day price was 69.3. Virtus Reaves has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Virtus Reaves Utilities are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund invests not less than 80 percent of its net assets in equity securities of companies in the Utility Sector . Virtus Reaves is traded on NYSEARCA Exchange in the United States. More on Virtus Reaves Utilities
Virtus Reaves Utilities [UTES] is traded in USA and was established 2015-09-23. The fund is listed under Utilities category and is part of Virtus family. The entity is thematically classified as Sector ETFs. Virtus Reaves Utilities at this time have 43.18 M in net assets. , while the total return for the last 3 years was 18.9%.
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The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Virtus Reaves. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Virtus Reaves Utilities is a strong investment it is important to analyze Virtus Reaves' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Virtus Reaves' future performance. For an informed investment choice regarding Virtus Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virtus Reaves Utilities. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income.
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The market value of Virtus Reaves Utilities is measured differently than its book value, which is the value of Virtus that is recorded on the company's balance sheet. Investors also form their own opinion of Virtus Reaves' value that differs from its market value or its book value, called intrinsic value, which is Virtus Reaves' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Virtus Reaves' market value can be influenced by many factors that don't directly affect Virtus Reaves' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Virtus Reaves' value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus Reaves is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus Reaves' 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.