Virtus Kar Small Cap Fund Market Value

VSCRX Fund  USD 62.97  0.50  0.79%   
Virtus Kar's market value is the price at which a share of Virtus Kar trades on a public exchange. It measures the collective expectations of Virtus Kar Small Cap investors about its performance. Virtus Kar is trading at 62.97 as of the 15th of December 2024; that is 0.79% down since the beginning of the trading day. The fund's open price was 63.47.
With this module, you can estimate the performance of a buy and hold strategy of Virtus Kar Small Cap and determine expected loss or profit from investing in Virtus Kar over a given investment horizon. Check out Virtus Kar Correlation, Virtus Kar Volatility and Virtus Kar Alpha and Beta module to complement your research on Virtus Kar.
Symbol

Please note, there is a significant difference between Virtus Kar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus Kar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus Kar'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 Kar '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 Kar'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 Kar.
0.00
11/15/2024
No Change 0.00  0.0 
In 30 days
12/15/2024
0.00
If you would invest  0.00  in Virtus Kar on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Virtus Kar Small Cap or generate 0.0% return on investment in Virtus Kar over 30 days. Virtus Kar is related to or competes with Virtus Kar, Virtus Kar, Virtus Kar, Virtus Kar. Under normal circumstances, the fund invests at least 80 percent of its assets in common stocks of small market capitali... More

Virtus Kar 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 Kar'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 Kar Small Cap upside and downside potential and time the market with a certain degree of confidence.

Virtus Kar Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Virtus Kar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Virtus Kar's standard deviation. In reality, there are many statistical measures that can use Virtus Kar historical prices to predict the future Virtus Kar's volatility.
Hype
Prediction
LowEstimatedHigh
61.9862.9763.96
Details
Intrinsic
Valuation
LowRealHigh
56.6764.7765.76
Details
Naive
Forecast
LowNextHigh
61.1962.1863.17
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
60.6863.2265.76
Details

Virtus Kar Small Backtested Returns

At this stage we consider Virtus Mutual Fund to be very steady. Virtus Kar Small 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 Kar Small Cap, which you can use to evaluate the volatility of the fund. Please validate Virtus Kar's Coefficient Of Variation of 650.21, semi deviation of 0.4602, and Risk Adjusted Performance of 0.1143 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. The entity has a beta of 1.22, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Virtus Kar will likely underperform.

Auto-correlation

    
  -0.72  

Almost perfect reverse predictability

Virtus Kar Small Cap has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Virtus Kar time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th of December 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 Kar Small price movement. The serial correlation of -0.72 indicates that around 72.0% of current Virtus Kar price fluctuation can be explain by its past prices.
Correlation Coefficient-0.72
Spearman Rank Test-0.78
Residual Average0.0
Price Variance0.18

Virtus Kar Small lagged returns against current returns

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

Virtus Kar Lagged Returns

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