Virtus Newfleet Multi Sector Etf Price History

NFLT Etf  USD 22.84  0.01  0.04%   
Below is the normalized historical share price chart for Virtus Newfleet Multi Sector extending back to August 11, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Virtus Newfleet stands at 22.84, as last reported on the 12th of December 2024, with the highest price reaching 22.89 and the lowest price hitting 22.77 during the day.
3 y Volatility
6.31
200 Day MA
22.574
1 y Volatility
4.43
50 Day MA
22.7824
Inception Date
2015-08-10
 
Yuan Drop
 
Covid
If you're considering investing in Virtus Etf, it is important to understand the factors that can impact its price. Currently, Virtus Newfleet Multi Sector is very steady. Virtus Newfleet Multi owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0207, which indicates the etf had a 0.0207% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Virtus Newfleet Multi Sector, which you can use to evaluate the volatility of the etf. Please validate Virtus Newfleet's Risk Adjusted Performance of 0.0147, coefficient of variation of 2115.06, and Semi Deviation of 0.206 to confirm if the risk estimate we provide is consistent with the expected return of 0.0052%.
  
Virtus Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0207

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Estimated Market Risk

 0.25
  actual daily
2
98% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Virtus Newfleet is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Virtus Newfleet by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
1.7 K
Market Capitalisation
{Big=0, Small=0, Mega=0, Medium=0, Micro=0.00501}

Virtus Newfleet Etf Price History Chart

There are several ways to analyze Virtus Newfleet Multi Sector Etf price data. The simplest method is using a basic Virtus candlestick price chart, which shows Virtus Newfleet price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceDecember 9, 202422.9
Lowest PriceNovember 6, 202422.47

Virtus Newfleet December 12, 2024 Etf Price Synopsis

Various analyses of Virtus Newfleet's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Virtus Etf. It can be used to describe the percentage change in the price of Virtus Newfleet from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Virtus Etf.
Virtus Newfleet Price Rate Of Daily Change 1.00 
Virtus Newfleet Price Daily Balance Of Power(0.08)

Virtus Newfleet December 12, 2024 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in Virtus Newfleet Multi Sector Etf price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Virtus Newfleet intraday prices and daily technical indicators to check the level of noise trading in Virtus Newfleet Multi Sector Etf and then apply it to test your longer-term investment strategies against Virtus.

Virtus Etf Price History Data

The price series of Virtus Newfleet for the period between Fri, Sep 13, 2024 and Thu, Dec 12, 2024 has a statistical range of 0.43 with a coefficient of variation of 0.49. The daily prices for the period are spread out with arithmetic mean of 22.7. The median price for the last 90 days is 22.71. The company issued dividends to stockholders on 20th of August 2020.
OpenHighLowCloseVolume
12/12/2024
 22.85  22.89  22.77  22.84 
12/12/2024
 22.85  22.89  22.77  22.84 
12/10/2024 22.77  22.89  22.77  22.85  63,001 
12/09/2024 22.80  22.91  22.78  22.90  56,747 
12/06/2024 22.78  22.90  22.78  22.82  60,200 
12/05/2024 22.80  22.92  22.74  22.80  71,700 
12/04/2024 22.79  22.85  22.72  22.84  63,300 
12/03/2024 22.80  22.83  22.76  22.78  47,473 
12/02/2024 22.89  22.89  22.75  22.88  175,200 
11/29/2024 22.98  22.98  22.73  22.81  36,470 
11/27/2024 22.79  22.94  22.64  22.73  100,614 
11/26/2024 22.69  22.72  22.64  22.72  66,014 
11/25/2024 22.76  22.76  22.66  22.72  24,921 
11/22/2024 22.67  22.67  22.52  22.64  71,746 
11/21/2024 22.66  22.66  22.53  22.59  53,834 
11/20/2024 22.52  22.63  22.50  22.62  96,420 
11/19/2024 22.47  22.68  22.47  22.58  18,813 
11/18/2024 22.47  22.59  22.47  22.52  62,114 
11/15/2024 22.62  22.62  22.48  22.54  40,874 
11/14/2024 22.55  22.64  22.53  22.59  196,325 
11/13/2024 22.54  22.83  22.48  22.53  32,775 
11/12/2024 22.63  22.63  22.53  22.61  98,137 
11/11/2024 22.61  22.71  22.57  22.64  49,790 
11/08/2024 22.49  22.70  22.49  22.64  113,347 
11/07/2024 22.72  22.72  22.51  22.66  25,831 
11/06/2024 22.55  22.59  22.47  22.47  32,478 
11/05/2024 22.63  22.75  22.53  22.57  83,945 
11/04/2024 22.60  22.60  22.52  22.55  26,948 
11/01/2024 22.58  22.59  22.49  22.52  41,693 
10/31/2024 22.54  22.59  22.50  22.52  15,463 
10/30/2024 22.63  22.63  22.54  22.61  14,964 
10/29/2024 22.65  22.65  22.51  22.60  19,938 
10/28/2024 22.66  22.66  22.54  22.59  23,542 
10/25/2024 22.44  22.65  22.44  22.54  37,045 
10/24/2024 22.48  22.62  22.48  22.61  90,254 
10/23/2024 22.56  22.59  22.48  22.57  11,339 
10/22/2024 22.54  22.81  22.54  22.57  32,745 
10/21/2024 22.79  22.79  22.61  22.61  42,802 
10/18/2024 22.85  22.85  22.62  22.73  41,358 
10/17/2024 22.73  22.75  22.66  22.74  34,577 
10/16/2024 22.78  22.89  22.66  22.75  104,807 
10/15/2024 22.76  22.76  22.65  22.72  70,459 
10/14/2024 22.68  22.74  22.59  22.68  78,058 
10/11/2024 22.64  22.67  22.60  22.63  37,036 
10/10/2024 22.59  22.67  22.59  22.64  25,925 
10/09/2024 22.72  22.72  22.61  22.65  27,985 
10/08/2024 22.64  22.69  22.56  22.68  29,791 
10/07/2024 22.63  22.71  22.58  22.64  49,515 
10/04/2024 23.00  23.00  22.67  22.76  141,029 
10/03/2024 22.91  22.96  22.78  22.83  276,415 
10/02/2024 22.83  22.88  22.79  22.88  84,324 
10/01/2024 22.97  22.97  22.83  22.88  32,100 
09/30/2024 22.84  22.86  22.78  22.85  34,707 
09/27/2024 22.82  22.85  22.75  22.76  56,515 
09/26/2024 22.88  22.88  22.73  22.78  72,528 
09/25/2024 22.81  22.84  22.75  22.75  994,681 
09/24/2024 22.84  22.88  22.81  22.81  19,001 
09/23/2024 22.84  22.98  22.77  22.80  34,183 
09/20/2024 22.84  22.91  22.81  22.81  31,127 
09/19/2024 22.85  22.85  22.76  22.82  43,610 
09/18/2024 22.92  22.92  22.76  22.76  81,091 

About Virtus Newfleet Etf history

Virtus Newfleet investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Virtus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Virtus Newfleet Multi will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Virtus Newfleet stock prices may prove useful in developing a viable investing in Virtus Newfleet

Virtus Newfleet Etf Technical Analysis

Virtus Newfleet technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of Virtus Newfleet technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Virtus Newfleet trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Virtus Newfleet Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Virtus Newfleet's price direction in advance. Along with the technical and fundamental analysis of Virtus Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Virtus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Virtus Newfleet Multi is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Virtus Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Virtus Newfleet Multi Sector Etf. Highlighted below are key reports to facilitate an investment decision about Virtus Newfleet Multi Sector Etf:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Virtus Newfleet Multi Sector. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
The market value of Virtus Newfleet Multi 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 Newfleet's value that differs from its market value or its book value, called intrinsic value, which is Virtus Newfleet'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 Newfleet's market value can be influenced by many factors that don't directly affect Virtus Newfleet'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 Newfleet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus Newfleet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus Newfleet'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.