Virtus Bond Financial Statements From 2010 to 2024
| SAVAX Fund | USD 10.03 0.01 0.1% |
Check Virtus Bond financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virtus Bond'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 Bond Valuation or Volatility modules.
Virtus |
Virtus Bond Fund Mutual Fund Price To Book Analysis
Virtus Bond'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 Bond Price To Book | 0.42 X |
Most of Virtus Bond'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 Bond Fund 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 Bond Fund 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 Intermediate Core-Plus Bond category. The price to book for all United States funds is notably lower than that of the firm.
Virtus Bond Fund Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Virtus Bond's current stock value. Our valuation model uses many indicators to compare Virtus Bond value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Virtus Bond competition to find correlations between indicators driving Virtus Bond's intrinsic value. More Info.Virtus Bond Fund 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 Bond's earnings, one of the primary drivers of an investment's value.About Virtus Bond Financial Statements
Virtus Bond investors use historical fundamental indicators, such as Virtus Bond'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 Bond. Please read more on our technical analysis and fundamental analysis pages.
The fund seeks to generate high total return from both current income and capital appreciation by investing primarily in intermediate-term debt securities across 14 fixed income sectors. It seeks to achieve its objective by applying a time-tested approach of active sector rotation, extensive credit research and disciplined risk management designed to capitalize on opportunities across undervalued areas of the fixed income markets.
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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 Bond 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 Bond security.
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