Virtus Kar Competition

PSTAX Fund

USD 23.84 0.14 0.58%

Virtus Kar Capital competes with Invesco Technology, Science Technology, Allianzgi Technology, Global Technology, and Technology Ultrasector; as well as few others. The fund is listed under Large Growth category and is part of Virtus family. Analyzing Virtus Kar competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Virtus Kar to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Virtus Kar Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Virtus Kar competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
22.92	23.84	24.76

Details

Intrinsic

Valuation

Low	Real	High
23.01	23.93	24.85

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Virtus Kar. Your research has to be compared to or analyzed against Virtus Kar's peers to derive any actionable benefits. When done correctly, Virtus Kar's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Virtus Kar Capital.

Virtus Kar Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Virtus Kar and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Virtus and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Virtus Kar Capital does not affect the price movement of the other competitor.

	ITYYX	USTCX	RCGTX	JGLTX	TEPIX	JATIX
ITYYX		0.99	0.98	0.96	0.91	0.96	ITYYX
USTCX	0.99		0.98	0.97	0.93	0.97	USTCX
RCGTX	0.98	0.98		0.99	0.96	0.99	RCGTX
JGLTX	0.96	0.97	0.99		0.98	1.0	JGLTX
TEPIX	0.91	0.93	0.96	0.98		0.98	TEPIX
JATIX	0.96	0.97	0.99	1.0	0.98		JATIX
	ITYYX	USTCX	RCGTX	JGLTX	TEPIX	JATIX

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Risk-Adjusted Indicators

There is a big difference between Virtus Mutual Fund performing well and Virtus Kar Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Virtus Kar's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
ITYYX	0.95	0.07	0.06	0.17	1.29	(0.97)	2.50	(2.43)	6.05
USTCX	0.90	0.04	0.03	0.15	1.22	(0.86)	2.39	(2.53)	6.28
RCGTX	0.96	0.01	0.01	0.12	1.50	(0.90)	1.81	(2.50)	6.58
JGLTX	0.89	(0.04)	(0.03)	0.07	1.36	(0.85)	1.87	(2.61)	5.92
TEPIX	1.47	(0.11)	(0.01)	0.05	2.20	(1.43)	2.84	(3.72)	9.83
JATIX	0.89	(0.04)	(0.03)	0.07	1.33	(0.85)	1.88	(2.56)	5.86

Unable to evaluate fundamental data of [ITYYX, USTCX, RCGTX, JGLTX, TEPIX, JATIX] at this time. Please try again later

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Virtus Kar Competitive Analysis

The better you understand Virtus Kar competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Virtus Kar's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Virtus Kar's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	PSTAX	ITYYX	USTCX	RCGTX	JGLTX	TEPIX	JATIX
	0.58 23.84 Virtus	1.41 72.89 Invesco	0.69 28.72 Science	1.46 13.51 ALLIANZGI	1.07 21.22 Global	2.08 40.08 Technology	1.06 70.71 JANUS
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Good	Good	OK	OK	Modest	Insignificant	Modest
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Buy	Strong Hold	Hold	Hold	Cautious Hold	Hold	Cautious Hold
Net Asset	551.35 M	1.03 B	1.51 B	2.51 B	482.63 M	79.29 M	4.94 B
Minimum Initial Investment	N/A	1 K	N/A	N/A	N/A	N/A	N/A
Price To Book	6.16 X	3.93 X	3.78 X	4.20 X	4.05 X	3.83 X	4.09 X
Five Year Return	14.92 %	16.25 %	11.01 %	18.77 %	19.46 %	26.95 %	19.61 %
One Year Return	39.91 %	44.27 %	47.10 %	41.10 %	40.57 %	34.82 %	40.68 %
Last Dividend Paid	N/A	N/A	N/A	N/A	0.05	N/A	0.08
Price To Earning	29.34 X	1.57 X	24.25 X	25.35 X	1.60 X	2.02 X	26.76 X
Price To Sales	3.96 X	2.90 X	2.31 X	3.37 X	3.16 X	2.89 X	3.16 X
Cash Position Weight	1.91 %	0.33 %	2.73 %	5.99 %	2.76 %	19.11 %	0.14 %
Equity Positions Weight	98.10 %	99.67 %	97.27 %	94.01 %	97.02 %	76.66 %	98.81 %
Three Year Return	2.93 %	4.80 %	(0.52) %	6.22 %	8.36 %	6.14 %	8.18 %
Year To Date Return	31.60 %	36.09 %	31.26 %	33.63 %	33.79 %	27.01 %	33.97 %
Ten Year Return	14.67 %	14.64 %	17.85 %	17.31 %	18.83 %	23.02 %	18.70 %
Daily Balance Of Power	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)
Day Typical Price	23.84	72.89	28.72	13.51	21.22	40.08	70.71
Period Momentum Indicator	(0.14)	(1.04)	(0.20)	(0.20)	(0.23)	(0.85)	(0.76)
Rate Of Daily Change	0.99	0.99	0.99	0.99	0.99	0.98	0.99
Day Median Price	23.84	72.89	28.72	13.51	21.22	40.08	70.71
Price Action Indicator	(0.07)	(0.52)	(0.10)	(0.10)	(0.12)	(0.43)	(0.38)
Coefficient Of Variation	575.66	630.0	745.21	936.52	1519.66	2291.97	1511.29
Mean Deviation	0.6732	0.9508	0.8974	0.9634	0.8864	1.47	0.8863
Jensen Alpha	0.0452	0.0692	0.037	0.005	(0.04)	(0.11)	(0.04)
Total Risk Alpha	0.0114	0.0012	(0.03)	(0.07)	(0.12)	(0.23)	(0.12)
Sortino Ratio	0.0338	0.0587	0.0301	0.0132	(0.03)	(0.01)	(0.03)
Downside Variance	1.11	2.45	2.46	3.36	2.23	5.48	2.22
Standard Deviation	0.9262	1.37	1.29	1.4	1.27	2.08	1.27
Kurtosis	0.941	1.84	1.52	1.67	2.16	1.81	2.26
Potential Upside	1.59	2.5	2.39	1.81	1.87	2.84	1.88
Treynor Ratio	0.1647	0.1732	0.1494	0.1197	0.0726	0.0483	0.0729
Maximum Drawdown	4.64	6.05	6.28	6.58	5.92	9.83	5.86
Variance	0.8578	1.87	1.65	1.96	1.61	4.32	1.6
Market Risk Adjusted Performance	0.1747	0.1832	0.1594	0.1297	0.0826	0.0583	0.0829
Risk Adjusted Performance	0.1348	0.126	0.1069	0.0863	0.0544	0.0397	0.0546
Skewness	(0.55)	(0.57)	(0.55)	(0.72)	(0.79)	(0.61)	(0.80)
Semi Deviation	0.8108	1.29	1.22	1.5	1.36	2.2	1.33
Information Ratio	0.0383	0.0671	0.0367	0.0172	(0.03)	(0.02)	(0.03)
Value At Risk	(1.70)	(2.43)	(2.53)	(2.50)	(2.61)	(3.72)	(2.56)
Expected Short fall	(0.71)	(0.97)	(0.86)	(0.90)	(0.85)	(1.43)	(0.85)
Downside Deviation	1.05	1.56	1.57	1.83	1.49	2.34	1.49
Semi Variance	0.6573	1.66	1.49	2.25	1.85	4.86	1.78

Virtus Kar Competition Performance Charts

Five steps to successful analysis of Virtus Kar Competition

Virtus Kar's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Virtus Kar Capital in relation to its competition. Virtus Kar's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Virtus Kar in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Virtus Kar's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Virtus Kar Capital, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Virtus Kar position

In addition to having Virtus Kar 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.

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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 Plastics Theme or any other thematic opportunities.

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Other Information on Investing in Virtus Mutual Fund

Virtus Kar 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 Kar security.

	Equity Valuation Check real value of public entities based on technical and fundamental data
	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
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