Virtus Etf Performance
| BLHY Etf | USD 21.15 0.00 0.00% |
The entity has a beta of 0.009, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Virtus' returns are expected to increase less than the market. However, during the bear market, the loss of holding Virtus is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Virtus has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong technical indicators, Virtus is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | -0.07 |
Virtus |
Virtus Relative Risk vs. Return Landscape
If you would invest 2,115 in Virtus on October 9, 2024 and sell it today you would earn a total of 0.00 from holding Virtus or generate 0.0% return on investment over 90 days. Virtus is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than Virtus, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Virtus Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virtus' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Virtus, and traders can use it to determine the average amount a Virtus' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| BLHY |
Based on monthly moving average Virtus is not performing at its full potential. However, 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 by adding Virtus to a well-diversified portfolio.
Virtus Fundamentals Growth
Virtus Etf prices reflect investors' perceptions of the future prospects and financial health of Virtus, and Virtus fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Virtus Etf performance.
| Total Asset | 4.12 M | |||
About Virtus Performance
Evaluating Virtus' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Virtus has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Virtus has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal market conditions, the fund will invest not less than 80 percent of its net assets in a diversified portfolio of high yield bonds and other debt securities. Virtus Newfleet is traded on NYSEARCA Exchange in the United States.| Virtus is not yet fully synchronised with the market data | |
| The fund holds about 6.92% of its assets under management (AUM) in fixed income securities |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of Virtus 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' value that differs from its market value or its book value, called intrinsic value, which is Virtus' 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' market value can be influenced by many factors that don't directly affect Virtus' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus' 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.