Virtus High Yield Fund Manager Performance Evaluation
| PHCHX Fund | USD 3.89 0.01 0.26% |
The entity has a beta of 0.0367, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Virtus High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Virtus High is expected to be smaller as well.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Virtus High Yield are ranked lower than 8 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical indicators, Virtus High is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 27th of January 2023 | |
| Expense Ratio | 0.9500 |
Virtus |
Virtus High Relative Risk vs. Return Landscape
If you would invest 384.00 in Virtus High Yield on September 14, 2024 and sell it today you would earn a total of 5.00 from holding Virtus High Yield or generate 1.3% return on investment over 90 days. Virtus High Yield is currently producing 0.0204% returns and takes up 0.1803% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Virtus, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Virtus High Current Valuation
Overvalued
Today
Please note that Virtus High's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Virtus High Yield has a current Real Value of $3.57 per share. The regular price of the fund is $3.89. We determine the value of Virtus High Yield from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Virtus High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Virtus Mutual Fund. However, Virtus High's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 3.89 | Real 3.57 | Hype 3.89 | Naive 3.9 |
The intrinsic value of Virtus High's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Virtus High's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Virtus High Yield helps investors to forecast how Virtus mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Virtus High more accurately as focusing exclusively on Virtus High's fundamentals will not take into account other important factors: Virtus High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virtus High's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Virtus High Yield, and traders can use it to determine the average amount a Virtus High'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 = 0.113
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PHCHX |
Estimated Market Risk
| 0.18 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Virtus High is performing at about 8% 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 High by adding it to a well-diversified portfolio.
Virtus High Fundamentals Growth
Virtus Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Virtus High, and Virtus High 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 Mutual Fund performance.
| Price To Book | 0.41 X | ||||
| Price To Sales | 0.51 X | ||||
| Total Asset | 36.01 M | ||||
About Virtus High Performance
Evaluating Virtus High's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Virtus High 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 High 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.
The fund normally invests at least 80 percent of its assets in high yield fixed income securities. It is appropriate for investors seeking diversification and the potential rewards associated with investing in high-yield fixed income securities. High-yield fixed income securities are those that are rated below investment grade. The subadviser attempts to maintain the duration of the fund at a level similar to that of its style benchmark, the Bloomberg U.S. High-Yield 2 percent Issuer Capped Bond Index.Things to note about Virtus High Yield performance evaluation
Checking the ongoing alerts about Virtus High for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Virtus High Yield help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 95.22% of its assets in bonds |
- Analyzing Virtus High's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Virtus High's stock is overvalued or undervalued compared to its peers.
- Examining Virtus High's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Virtus High's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Virtus High's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Virtus High's mutual fund. These opinions can provide insight into Virtus High's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Virtus Mutual Fund
Virtus High 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 High security.
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