Virtus Etf Trust Etf Performance
| JOET Etf | USD 38.77 0.54 1.41% |
The entity has a beta of 0.73, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Virtus ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Virtus ETF is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Virtus ETF Trust has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable technical and fundamental indicators, Virtus ETF is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | On The My Stocks Page - Stock Traders Daily | 02/06/2025 |
| In Threey Sharp Ratio | 0.44 |
Virtus |
Virtus ETF Relative Risk vs. Return Landscape
If you would invest 4,028 in Virtus ETF Trust on December 2, 2024 and sell it today you would lose (151.00) from holding Virtus ETF Trust or give up 3.75% of portfolio value over 90 days. Virtus ETF Trust is currently does not generate positive expected returns and assumes 1.035% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% 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 ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virtus ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Virtus ETF Trust, and traders can use it to determine the average amount a Virtus ETF's 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 = -0.0554
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | JOET |
Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Virtus ETF 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 ETF by adding Virtus ETF to a well-diversified portfolio.
Virtus ETF Fundamentals Growth
Virtus Etf prices reflect investors' perceptions of the future prospects and financial health of Virtus ETF, and Virtus ETF 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 | 79.87 M | |||
About Virtus ETF Performance
Assessing Virtus ETF's fundamental ratios provides investors with valuable insights into Virtus ETF's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Virtus ETF is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. 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 assets in component securities of the index. Virtus Terranova is traded on NASDAQ Exchange in the United States.| Virtus ETF Trust generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: On The My Stocks Page - Stock Traders Daily | |
| The fund retains 98.74% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Virtus ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Virtus Etf please use our How to Invest in Virtus ETF guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of Virtus ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Virtus ETF'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 ETF's market value can be influenced by many factors that don't directly affect Virtus ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus ETF'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.