Virtus Westchester Credit Fund Probability of Future Mutual Fund Price Finishing Under 11.94
| WCFRX Fund | USD 11.94 0.02 0.17% |
Virtus |
Virtus Westchester Target Price Odds to finish below 11.94
The tendency of Virtus Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move below current price in 90 days |
| 11.94 | 90 days | 11.94 | about 98.0 |
Based on a normal probability distribution, the odds of Virtus Westchester to move below current price in 90 days from now is about 98.0 (This Virtus Westchester Credit probability density function shows the probability of Virtus Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Virtus Westchester has a beta of 0.0193. This entails as returns on the market go up, Virtus Westchester average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Virtus Westchester Credit will be expected to be much smaller as well. Additionally Virtus Westchester Credit has an alpha of 0.0159, implying that it can generate a 0.0159 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Virtus Westchester Price Density |
| Price |
Predictive Modules for Virtus Westchester
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Virtus Westchester Credit. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Virtus Westchester Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Virtus Westchester is not an exception. The market had few large corrections towards the Virtus Westchester's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Virtus Westchester Credit, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Virtus Westchester within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -1.38 |
Virtus Westchester Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Virtus Westchester for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Virtus Westchester Credit can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund keeps about 5.63% of its net assets in cash |
Virtus Westchester Technical Analysis
Virtus Westchester's future price can be derived by breaking down and analyzing its technical indicators over time. Virtus Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Virtus Westchester Credit. In general, you should focus on analyzing Virtus Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Virtus Westchester Predictive Forecast Models
Virtus Westchester's time-series forecasting models is one of many Virtus Westchester's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Virtus Westchester's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Virtus Westchester Credit
Checking the ongoing alerts about Virtus Westchester for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Virtus Westchester Credit help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund keeps about 5.63% of its net assets in cash |
Other Information on Investing in Virtus Mutual Fund
Virtus Westchester 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 Westchester security.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |