Virtus Global Financial Statements From 2010 to 2024
| ZTR Fund | USD 6.23 0.04 0.65% |
Market Capitalization 469.3 M |
Check Virtus Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virtus Global'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 Global Valuation or Volatility modules.
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Virtus Global Dividend Fund Year To Date Return Analysis
Virtus Global's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Virtus Global Year To Date Return | 17.53 % |
Most of Virtus Global's fundamental indicators, such as Year To Date Return, 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 Global Dividend is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
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As per the company's disclosures, Virtus Global Dividend has a Year To Date Return of 17.5279%. This is much higher than that of the Financial family and significantly higher than that of the Closed-End Fund - Equity category. The year to date return for all United States funds is notably lower than that of the firm.
Virtus Global Dividend Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Virtus Global's current stock value. Our valuation model uses many indicators to compare Virtus Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Virtus Global competition to find correlations between indicators driving Virtus Global's intrinsic value. More Info.Virtus Global Dividend is presently regarded as number one fund in price to earning among similar funds. It also is presently regarded as number one fund in price to book among similar funds fabricating about 0.01 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Virtus Global Dividend is roughly 67.32 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Virtus Global by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Virtus Global Financial Statements
Virtus Global shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Virtus Global investors may analyze each financial statement separately, they are all interrelated. The changes in Virtus Global's assets and liabilities, for example, are also reflected in the revenues and expenses on on Virtus Global's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Virtus Global Dividend Income Fund Inc. is a closed-ended balanced mutual fund launched by Virtus Investment Partners, Inc. The fund is co-managed by Virtus Investment Advisers, Inc., Kayne Anderson Rudnick Investment Management LLC and Newfleet Asset Management, LLC. It invests in the public equity and fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in reasonably priced growth stocks of large cap companies and investment grade bonds issued by companies and governments. The fund is actively managed. It benchmarks the performance of its portfolio against a composite index comprised of 60 percent Russell Developed Large Cap Index and 40 percent Bloomberg Barclays U.S. Aggregate Bond Index. The fund was formerly known as The Zweig Total Return Fund, Inc. Virtus Global Dividend Income Fund Inc. was formed on September 30, 1988 and is domiciled in the United States.
Pair Trading with Virtus Global
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 Global 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 Global will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Virtus Global 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 Global 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 Global - 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 Global Dividend to buy it.
The correlation of Virtus Global 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 Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Virtus Global Dividend 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 Global 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.Other Information on Investing in Virtus Fund
Virtus Global financial ratios help investors to determine whether Virtus 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 Global security.
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