Virtus High Financials
| PHCIX Fund | USD 3.90 0.01 0.26% |
VIRTUS |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Virtus High Fund Summary
Virtus High competes with Vanguard High-yield, Vanguard High-yield, Blackrock, Blackrock High, and Blackrock. The fund normally invests at least 80 percent of its assets in high yield fixed income securities. It is appropriate for investors seeking diversification and the potential rewards associated with investing in high-yield fixed income securities. High-yield fixed income securities are those that are rated below investment grade. The subadviser attempts to maintain the duration of the fund at a level similar to that of its style benchmark, the Bloomberg U.S. High-Yield 2 percent Issuer Capped Bond Index.Specialization | High Yield Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | 101 Munson Street |
| Mutual Fund Family | Virtus |
| Mutual Fund Category | High Yield Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 800 243 1574 |
| Currency | USD - US Dollar |
Virtus High Key Financial Ratios
VIRTUS Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Virtus High's current stock value. Our valuation model uses many indicators to compare Virtus High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Virtus High competition to find correlations between indicators driving Virtus High's intrinsic value. More Info.Virtus High Yield 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 0.80 of Price To Sales per Price To Book. The ratio of Price To Book to Price To Sales for Virtus High Yield is roughly 1.24 . 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 High's earnings, one of the primary drivers of an investment's value.Virtus High Yield Systematic Risk
Virtus High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Virtus High 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Virtus High Yield correlated with the market. If Beta is less than 0 Virtus High generally moves in the opposite direction as compared to the market. If Virtus High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Virtus High Yield is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Virtus High is generally in the same direction as the market. If Beta > 1 Virtus High moves generally in the same direction as, but more than the movement of the benchmark.
Virtus High December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Virtus High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Virtus High Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of Virtus High Yield based on widely used predictive technical indicators. In general, we focus on analyzing VIRTUS Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Virtus High's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.268 | |||
| Information Ratio | (0.46) | |||
| Maximum Drawdown | 1.04 | |||
| Value At Risk | (0.26) | |||
| Potential Upside | 0.2618 |
Other Information on Investing in VIRTUS Mutual Fund
Virtus High 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 High security.
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