Virtus Multi Sector Intermediate Fund Market Value

NAMFX Fund  USD 9.12  0.01  0.11%   
Virtus Multi-sector's market value is the price at which a share of Virtus Multi-sector trades on a public exchange. It measures the collective expectations of Virtus Multi Sector Intermediate investors about its performance. Virtus Multi-sector is trading at 9.12 as of the 14th of March 2025; that is 0.11% down since the beginning of the trading day. The fund's open price was 9.13.
With this module, you can estimate the performance of a buy and hold strategy of Virtus Multi Sector Intermediate and determine expected loss or profit from investing in Virtus Multi-sector over a given investment horizon. Check out Virtus Multi-sector Correlation, Virtus Multi-sector Volatility and Virtus Multi-sector Alpha and Beta module to complement your research on Virtus Multi-sector.
Symbol

Please note, there is a significant difference between Virtus Multi-sector's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus Multi-sector is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus Multi-sector'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.

Virtus Multi-sector '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 Multi-sector'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 Multi-sector.
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12/14/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/14/2025
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If you would invest  0.00  in Virtus Multi-sector on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Virtus Multi Sector Intermediate or generate 0.0% return on investment in Virtus Multi-sector over 90 days. Virtus Multi-sector is related to or competes with Pnc Balanced, Dodge Cox, Oppenheimer Global, Morgan Stanley, Nuveen Nwq, Balanced Allocation, and Growth Allocation. The investment seeks to maximize current income while preserving capital More

Virtus Multi-sector 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 Multi-sector'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 Multi Sector Intermediate upside and downside potential and time the market with a certain degree of confidence.

Virtus Multi-sector Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Virtus Multi-sector's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Virtus Multi-sector's standard deviation. In reality, there are many statistical measures that can use Virtus Multi-sector historical prices to predict the future Virtus Multi-sector's volatility.
Hype
Prediction
LowEstimatedHigh
8.919.129.33
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Intrinsic
Valuation
LowRealHigh
8.909.119.32
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Virtus Multi-sector. Your research has to be compared to or analyzed against Virtus Multi-sector's peers to derive any actionable benefits. When done correctly, Virtus Multi-sector's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Virtus Multi Sector.

Virtus Multi Sector Backtested Returns

At this stage we consider Virtus Mutual Fund to be very steady. Virtus Multi Sector owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0733, which indicates the fund had a 0.0733 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Virtus Multi Sector Intermediate, which you can use to evaluate the volatility of the fund. Please validate Virtus Multi-sector's Semi Deviation of 0.0811, risk adjusted performance of 0.031, and Coefficient Of Variation of 1364.95 to confirm if the risk estimate we provide is consistent with the expected return of 0.0151%. The entity has a beta of 0.064, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Virtus Multi-sector's returns are expected to increase less than the market. However, during the bear market, the loss of holding Virtus Multi-sector is expected to be smaller as well.

Auto-correlation

    
  0.30  

Below average predictability

Virtus Multi Sector Intermediate has below average predictability. Overlapping area represents the amount of predictability between Virtus Multi-sector time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th of March 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 Multi Sector price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Virtus Multi-sector price fluctuation can be explain by its past prices.
Correlation Coefficient0.3
Spearman Rank Test0.29
Residual Average0.0
Price Variance0.0

Virtus Multi Sector lagged returns against current returns

Autocorrelation, which is Virtus Multi-sector 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 Multi-sector's mutual fund expected returns. We can calculate the autocorrelation of Virtus Multi-sector returns to help us make a trade decision. For example, suppose you find that Virtus Multi-sector 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 Multi-sector 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 Multi-sector mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Virtus Multi-sector 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 Multi-sector mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Virtus Multi-sector Lagged Returns

When evaluating Virtus Multi-sector's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Virtus Multi-sector mutual fund have on its future price. Virtus Multi-sector 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 Multi-sector autocorrelation shows the relationship between Virtus Multi-sector mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Virtus Multi Sector Intermediate.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Virtus Mutual Fund

Virtus Multi-sector 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 Multi-sector security.
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