Virtus Convertible Financials
| VAADX Fund | USD 36.86 0.33 0.90% |
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 Convertible Fund Summary
Virtus Convertible competes with Conservative Balanced, Pgim Conservative, Blackrock Conservative, Pimco Diversified, and Lord Abbett. The fund seeks to achieve its objective by normally investing at least 80 percent of its net assets in convertible securities. Convertible securities include, but are not limited to, corporate bonds, debentures, notes or preferred stocks and their hybrids that can be converted into equity securities or other securities that provide an opportunity for equity participation.| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Virtus Strategy Trust |
| Mutual Fund Family | Virtus |
| Mutual Fund Category | Convertibles |
| Benchmark | Dow Jones Industrial |
| Currency | USD - US Dollar |
Virtus Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Virtus Convertible's current stock value. Our valuation model uses many indicators to compare Virtus Convertible value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Virtus Convertible competition to find correlations between indicators driving Virtus Convertible's intrinsic value. More Info.Virtus Convertible is presently regarded as number one fund in net asset among similar funds. It also is presently regarded as number one fund in cash position weight among similar funds . The ratio of Net Asset to Cash Position Weight for Virtus Convertible is about 371,308,017 . 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 Convertible's earnings, one of the primary drivers of an investment's value.Virtus Convertible Systematic Risk
Virtus Convertible's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Virtus Convertible 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Virtus Convertible correlated with the market. If Beta is less than 0 Virtus Convertible generally moves in the opposite direction as compared to the market. If Virtus Convertible Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Virtus Convertible is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Virtus Convertible is generally in the same direction as the market. If Beta > 1 Virtus Convertible moves generally in the same direction as, but more than the movement of the benchmark.
Virtus Convertible Thematic Clasifications
Virtus Convertible is part of Convertibles Funds investing theme. 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. Funds investing in convertibles debt instruments. Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date
This theme covers Funds investing in convertibles debt instruments. Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. Get More Thematic Ideas
Virtus Convertible is presently regarded as number one fund in net asset among similar funds. Total Asset Under Management (AUM) of Convertibles category is currently estimated at about 7.15 Billion. Virtus Convertible totals roughly 1.76 Billion in net asset claiming about 25% of funds in Convertibles category.| Convertibles Funds | View |
Virtus Convertible November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Virtus Convertible help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Virtus Convertible. We use our internally-developed statistical techniques to arrive at the intrinsic value of Virtus Convertible 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 Convertible's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5434 | |||
| Information Ratio | 0.0678 | |||
| Maximum Drawdown | 2.53 | |||
| Value At Risk | (0.84) | |||
| Potential Upside | 1.12 |
Other Information on Investing in Virtus Mutual Fund
Virtus Convertible 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 Convertible security.
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