Virtus Multi-sector Financial Statements From 2010 to 2024
PMSTX Fund | USD 4.59 0.01 0.22% |
Check Virtus Multi-sector financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virtus Multi-sector's main balance sheet or income statement drivers, such as , as well as many indicators such as . VIRTUS financial statements analysis is a perfect complement when working with Virtus Multi-sector Valuation or Volatility modules.
VIRTUS |
Virtus Multi Sector Short Mutual Fund Price To Book Analysis
Virtus Multi-sector's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Virtus Multi-sector Price To Book | 0.42 X |
Most of Virtus Multi-sector's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Virtus Multi Sector Short is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition |
Based on the latest financial disclosure, Virtus Multi Sector Short has a Price To Book of 0.42 times. This is 78.89% lower than that of the Virtus family and significantly higher than that of the Short-Term Bond category. The price to book for all United States funds is notably lower than that of the firm.
Virtus Multi Sector Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Virtus Multi-sector's current stock value. Our valuation model uses many indicators to compare Virtus Multi-sector value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Virtus Multi-sector competition to find correlations between indicators driving Virtus Multi-sector's intrinsic value. More Info.Virtus Multi Sector Short is rated top fund in price to book among similar funds. It also is rated top fund in price to sales among similar funds fabricating about 67.14 of Price To Sales per Price To Book. 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 Multi-sector's earnings, one of the primary drivers of an investment's value.About Virtus Multi-sector Financial Statements
Virtus Multi-sector investors use historical fundamental indicators, such as Virtus Multi-sector's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Virtus Multi-sector. Please read more on our technical analysis and fundamental analysis pages.
The fund seeks current income with an emphasis on maintaining low volatility and overall short duration by investing primarily in higher quality, more liquid securities across 14 bond market sectors. It invests at least 80 percent of its assets in bonds, which are fixed income debt obligations of various types of issuers. The fund invests in a diversified portfolio of primarily short-term fixed income securities having an expected dollar-weighted average maturity of three years or less.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in VIRTUS Mutual Fund
Virtus Multi-sector 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 Multi-sector security.
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