Virtus Tactical Allocation Fund Market Value
| NAINX Fund | USD 10.65 0.02 0.19% |
| Symbol | Virtus |
Virtus Tactical 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Virtus Tactical's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Virtus Tactical.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Virtus Tactical on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Virtus Tactical Allocation or generate 0.0% return on investment in Virtus Tactical over 30 days. Virtus Tactical is related to or competes with Putnman Retirement, Tiaa Cref, American Funds, Multimanager Lifestyle, Dimensional Retirement, Moderately Aggressive, and Jp Morgan. The fund invests in U.S. equity, non-U.S More
Virtus Tactical Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Virtus Tactical's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Virtus Tactical Allocation upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 11.8 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 0.9796 |
Virtus Tactical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virtus Tactical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Virtus Tactical's standard deviation. In reality, there are many statistical measures that can use Virtus Tactical historical prices to predict the future Virtus Tactical's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (9.08) |
Virtus Tactical Allo Backtested Returns
Virtus Tactical Allo owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the fund had a -0.12% return per unit of risk over the last 3 months. Virtus Tactical Allocation exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Virtus Tactical's Variance of 2.08, coefficient of variation of (888.59), and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide. The entity has a beta of 0.019, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Virtus Tactical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Virtus Tactical is expected to be smaller as well.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Virtus Tactical Allocation has insignificant reverse predictability. Overlapping area represents the amount of predictability between Virtus Tactical time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Virtus Tactical Allo price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Virtus Tactical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Virtus Tactical Allo lagged returns against current returns
Autocorrelation, which is Virtus Tactical mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Virtus Tactical's mutual fund expected returns. We can calculate the autocorrelation of Virtus Tactical returns to help us make a trade decision. For example, suppose you find that Virtus Tactical has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Virtus Tactical regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Virtus Tactical mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Virtus Tactical mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Virtus Tactical mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Virtus Tactical Lagged Returns
When evaluating Virtus Tactical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Virtus Tactical mutual fund have on its future price. Virtus Tactical autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Virtus Tactical autocorrelation shows the relationship between Virtus Tactical mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Virtus Tactical Allocation.
Regressed Prices |
| Timeline |
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in Virtus Mutual Fund
Virtus Tactical 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 Tactical security.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |