Virtus Etf Trust Etf Fundamentals
| SEIX Etf | USD 23.72 0.05 0.21% |
Virtus ETF Trust fundamentals help investors to digest information that contributes to Virtus ETF's financial success or failures. It also enables traders to predict the movement of Virtus Etf. The fundamental analysis module provides a way to measure Virtus ETF's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Virtus ETF etf.
Virtus |
Virtus ETF Trust ETF Beta Analysis
Virtus ETF's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Virtus ETF Beta | 0.17 |
Most of Virtus ETF's fundamental indicators, such as Beta, 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 ETF Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Virtus ETF Trust has a Beta of 0.17. This is much higher than that of the Virtus family and significantly higher than that of the Bank Loan category. The beta for all United States etfs is notably lower than that of the firm.
Virtus Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Virtus ETF's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Virtus ETF could also be used in its relative valuation, which is a method of valuing Virtus ETF by comparing valuation metrics of similar companies.Virtus ETF is currently under evaluation in beta as compared to similar ETFs.
As returns on the market increase, Virtus ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Virtus ETF is expected to be smaller as well.
Virtus Fundamentals
| Number Of Employees | 594 | |||
| Beta | 0.17 | |||
| Total Asset | 90.82 M | |||
| One Year Return | 5.60 % | |||
| Three Year Return | 6.80 % | |||
| Five Year Return | 6.70 % | |||
| Net Asset | 90.82 M | |||
| Last Dividend Paid | 0.055 |
About Virtus ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Virtus ETF Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Virtus ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Virtus ETF Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing, under normal market circumstances, at least 80 percent of its net assets in a combination of first- and second-lien senior floating rate loans. Virtus Seix is traded on NYSEARCA Exchange in the United States.
Also Currently Popular
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.When determining whether Virtus ETF Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Virtus ETF's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Virtus Etf Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Virtus Etf Trust Etf:Check out Virtus ETF Piotroski F Score and Virtus ETF Altman Z Score analysis. For more information on how to buy Virtus Etf please use our How to Invest in Virtus ETF guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of Virtus ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Virtus ETF's 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 ETF's market value can be influenced by many factors that don't directly affect Virtus ETF's 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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus ETF's 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.