Virtus Rampart Enhanced Fund Market Value
| PDIAX Fund | USD 22.08 0.01 0.05% |
| Symbol | Virtus |
Virtus Rampart '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 Rampart'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 Rampart.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in Virtus Rampart on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding Virtus Rampart Enhanced or generate 0.0% return on investment in Virtus Rampart over 90 days. Virtus Rampart is related to or competes with Inflation-protected, Blrc Sgy, California Bond, Versatile Bond, Calamos Short-term, Oklahoma Municipal, and Transamerica Intermediate. The investment seeks capital appreciation and current income More
Virtus Rampart 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 Rampart'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 Rampart Enhanced upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4964 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 2.86 | |||
| Value At Risk | (0.79) | |||
| Potential Upside | 1.14 |
Virtus Rampart Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virtus Rampart's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Virtus Rampart's standard deviation. In reality, there are many statistical measures that can use Virtus Rampart historical prices to predict the future Virtus Rampart's volatility.| Risk Adjusted Performance | 0.0902 | |||
| Jensen Alpha | 0.0597 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 1.04 |
Virtus Rampart Enhanced Backtested Returns
At this stage we consider Virtus Mutual Fund to be very steady. Virtus Rampart Enhanced 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. We have found twenty-eight technical indicators for Virtus Rampart Enhanced, which you can use to evaluate the volatility of the fund. Please validate Virtus Rampart's Coefficient Of Variation of 831.77, semi deviation of 0.3829, and Risk Adjusted Performance of 0.0902 to confirm if the risk estimate we provide is consistent with the expected return of 0.0771%. The entity has a beta of 0.0643, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Virtus Rampart's returns are expected to increase less than the market. However, during the bear market, the loss of holding Virtus Rampart is expected to be smaller as well.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Virtus Rampart Enhanced has insignificant reverse predictability. Overlapping area represents the amount of predictability between Virtus Rampart time series from 31st of August 2024 to 15th of October 2024 and 15th of October 2024 to 29th of November 2024. 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 Rampart Enhanced price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Virtus Rampart price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Virtus Rampart Enhanced lagged returns against current returns
Autocorrelation, which is Virtus Rampart 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 Rampart's mutual fund expected returns. We can calculate the autocorrelation of Virtus Rampart returns to help us make a trade decision. For example, suppose you find that Virtus Rampart 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 Rampart 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 Rampart mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Virtus Rampart 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 Rampart mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Virtus Rampart Lagged Returns
When evaluating Virtus Rampart's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Virtus Rampart mutual fund have on its future price. Virtus Rampart 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 Rampart autocorrelation shows the relationship between Virtus Rampart mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Virtus Rampart Enhanced.
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.Other Information on Investing in Virtus Mutual Fund
Virtus Rampart 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 Rampart security.
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