Virtus Convertible Fund Analysis
| VAADX Fund | USD 34.30 0.24 0.69% |
Virtus Convertible is undervalued with Real Value of 37.65 and Hype Value of 34.3. The main objective of Virtus Convertible fund analysis is to determine its intrinsic value, which is an estimate of what Virtus Convertible is worth, separate from its market price. There are two main types of Virtus Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Virtus Convertible. On the other hand, technical analysis, focuses on the price and volume data of Virtus Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Virtus Convertible mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
Virtus |
Virtus Convertible Investment Alerts
| Virtus Convertible generated a negative expected return over the last 90 days | |
| The fund keeps most of the net assets in exotic instruments. |
Virtus Convertible Thematic Classifications
In addition to having Virtus Convertible mutual fund in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Convertibles FundsFunds investing in convertibles debt instruments |
Top Virtus Convertible Mutual Fund Constituents
Technical Drivers
As of the 23rd of March, Virtus Convertible has the Risk Adjusted Performance of (0.10), variance of 0.6749, and Coefficient Of Variation of (880.52). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Virtus Convertible, as well as the relationship between them.Virtus Convertible Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Virtus Convertible middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Virtus Convertible. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Virtus Convertible Predictive Daily Indicators
Virtus Convertible intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Virtus Convertible mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 34.3 | |||
| Day Typical Price | 34.3 | |||
| Price Action Indicator | (0.12) | |||
| Period Momentum Indicator | (0.24) | |||
| Relative Strength Index | 42.83 |
Virtus Convertible Forecast Models
Virtus Convertible's time-series forecasting models are one of many Virtus Convertible's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Virtus Convertible's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Virtus Mutual Fund Analysis
Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Virtus Convertible prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Virtus shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Virtus Convertible. By using and applying Virtus Mutual Fund analysis, traders can create a robust methodology for identifying Virtus entry and exit points for their positions.
The fund seeks to achieve its objective by normally investing at least 80 percent of its net assets in convertible securities. Convertible securities include, but are not limited to, corporate bonds, debentures, notes or preferred stocks and their hybrids that can be converted into equity securities or other securities that provide an opportunity for equity participation.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding Virtus Convertible to your portfolios without increasing risk or reducing expected return.Did you try this?
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Other Information on Investing in Virtus Mutual Fund
Virtus Convertible 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 Convertible security.
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