Virtus Convertible Financial Statements From 2010 to 2025
| VAADX Fund | USD 34.11 0.44 1.31% |
Check Virtus Convertible financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virtus Convertible's main balance sheet or income statement drivers, such as , as well as many indicators such as . Virtus financial statements analysis is a perfect complement when working with Virtus Convertible Valuation or Volatility modules.
Virtus |
Virtus Convertible Mutual Fund Net Asset Analysis
Virtus Convertible's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Virtus Convertible Net Asset | 1.76 B |
Most of Virtus Convertible's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Virtus Convertible is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Virtus Convertible has a Net Asset of 1.76 B. This is much higher than that of the Virtus family and significantly higher than that of the Convertibles category. The net asset for all United States funds is notably lower than that of the firm.
Virtus Convertible Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Virtus Convertible's current stock value. Our valuation model uses many indicators to compare Virtus Convertible value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Virtus Convertible competition to find correlations between indicators driving Virtus Convertible's intrinsic value. More Info.Virtus Convertible is presently regarded as number one fund in net asset among similar funds. It also is presently regarded as number one fund in cash position weight among similar funds . The ratio of Net Asset to Cash Position Weight for Virtus Convertible is about 371,308,017 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Virtus Convertible's earnings, one of the primary drivers of an investment's value.About Virtus Convertible Financial Statements
Virtus Convertible investors use historical fundamental indicators, such as Virtus Convertible's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Virtus Convertible. Please read more on our technical analysis and fundamental analysis pages.
The fund seeks to achieve its objective by normally investing at least 80 percent of its net assets in convertible securities. Convertible securities include, but are not limited to, corporate bonds, debentures, notes or preferred stocks and their hybrids that can be converted into equity securities or other securities that provide an opportunity for equity participation.
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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 Virtus Mutual Fund
Virtus Convertible financial ratios help investors to determine whether Virtus 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 Virtus with respect to the benefits of owning Virtus Convertible security.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
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