Virtus ETF Financials
| KMID Etf | 25.60 0.23 0.89% |
Virtus |
The data published in Virtus ETF's official financial statements typically reflect Virtus ETF's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Virtus ETF's quantitative information. For example, before you start analyzing numbers published by Virtus accountants, it's essential to understand Virtus ETF's liquidity, profitability, and earnings quality within the context of the Mid-Cap Blend space in which it operates.
Please note, the presentation of Virtus ETF's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Virtus ETF's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Virtus ETF's management manipulating its earnings.
Virtus ETF Etf Summary
Virtus ETF competes with JPMorgan Fundamental, Vanguard Mid, SPDR SP, SPDR SP, and Direxion Daily. Virtus ETF is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| CUSIP | 92790A868 |
| Region | North America |
| Investment Issuer | Virtus |
| Fund Category | Size and Style |
| Portfolio Concentration | Mid Cap |
| Benchmark | Dow Jones Industrial |
Virtus ETF Trust Systematic Risk
Virtus ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Virtus ETF volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of twenty-seven. The Beta measures systematic risk based on how returns on Virtus ETF Trust correlated with the market. If Beta is less than 0 Virtus ETF generally moves in the opposite direction as compared to the market. If Virtus ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Virtus ETF Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Virtus ETF is generally in the same direction as the market. If Beta > 1 Virtus ETF moves generally in the same direction as, but more than the movement of the benchmark.
About Virtus ETF Financials
What exactly are Virtus ETF Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Virtus ETF's income statement, its balance sheet, and the statement of cash flows. Potential Virtus ETF investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Virtus ETF investors may use each financial statement separately, they are all related. The changes in Virtus ETF's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Virtus ETF's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Virtus ETF Thematic Clasifications
Virtus ETF Trust is part of several thematic ideas from Mid Cap ETFs to Size And Style ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasVirtus ETF November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Virtus ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Virtus ETF Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of Virtus ETF Trust based on widely used predictive technical indicators. In general, we focus on analyzing Virtus Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Virtus ETF's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6196 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 3.61 | |||
| Value At Risk | (0.92) | |||
| Potential Upside | 1.55 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Virtus ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Virtus Etf refer to our How to Trade Virtus Etf guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of Virtus ETF Trust is measured differently than its book value, which is the value of Virtus that is recorded on the company's balance sheet. Investors also form their own opinion of Virtus ETF's value that differs from its market value or its book value, called intrinsic value, which is Virtus ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Virtus ETF's market value can be influenced by many factors that don't directly affect Virtus ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Virtus ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.