Virtus Westchester Five Year Return vs. Cash Position Weight
| WCFRX Fund | USD 11.98 0.01 0.08% |
For Virtus Westchester profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Virtus Westchester to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Virtus Westchester Credit utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Virtus Westchester's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Virtus Westchester Credit over time as well as its relative position and ranking within its peers.
Virtus |
Virtus Westchester Credit Cash Position Weight vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Virtus Westchester's current stock value. Our valuation model uses many indicators to compare Virtus Westchester value to that of its competitors to determine the firm's financial worth. Virtus Westchester Credit is presently regarded as number one fund in five year return among similar funds. It also is presently regarded as number one fund in cash position weight among similar funds creating about 0.83 of Cash Position Weight per Five Year Return. The ratio of Five Year Return to Cash Position Weight for Virtus Westchester Credit is roughly 1.20 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Virtus Westchester's earnings, one of the primary drivers of an investment's value.Virtus Cash Position Weight vs. Five Year Return
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Virtus Westchester |
| = | 6.75 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Virtus Westchester |
| = | 5.63 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Virtus Cash Position Weight Comparison
Virtus Westchester is currently under evaluation in cash position weight among similar funds.
Virtus Westchester Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Virtus Westchester, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Virtus Westchester will eventually generate negative long term returns. The profitability progress is the general direction of Virtus Westchester's change in net profit over the period of time. It can combine multiple indicators of Virtus Westchester, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund will invest principally in fixed income investments and other investments related to specific events or catalysts that the Adviser expects will cause material credit events or similar situations, such as capital structure arbitrage, mergers and acquisitions, spin-offs, credit restructurings, IPOs of debt, re-financings, debt maturities, asset monetizations, and other restructurings.
Virtus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Virtus Westchester. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Virtus Westchester position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Virtus Westchester's important profitability drivers and their relationship over time.
Use Virtus Westchester in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Virtus Westchester position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Virtus Westchester will appreciate offsetting losses from the drop in the long position's value.Virtus Westchester Pair Trading
Virtus Westchester Credit Pair Trading Analysis
The ability to find closely correlated positions to Virtus Westchester could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Virtus Westchester when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Virtus Westchester - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Virtus Westchester Credit to buy it.
The correlation of Virtus Westchester is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Virtus Westchester moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Virtus Westchester Credit moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Virtus Westchester can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Virtus Westchester position
In addition to having Virtus Westchester in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Baby Boomer Prospects Thematic Idea Now
Baby Boomer Prospects
Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 99 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Baby Boomer Prospects Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Virtus Mutual Fund
To fully project Virtus Westchester's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Virtus Westchester Credit at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Virtus Westchester's income statement, its balance sheet, and the statement of cash flows.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |