Virtus Etf Forecast - Daily Balance Of Power
| BLHY Etf | USD 21.98 0.83 3.92% |
Virtus Etf Forecast is based on your current time horizon.
Virtus |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (1.00) | (1.00) |
| Check Virtus Volatility | Backtest Virtus | Trend Details |
Virtus Trading Date Momentum
| On June 05 2023 Virtus was traded for 20.59 at the closing time. The top price for the day was 21.02 and the lowest listed price was 20.59 . The trading volume for the day was 1.7 K. The trading history from June 5, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.19% . The trading price change against the current closing price is 1.02% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Virtus Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Virtus etf to make a market-neutral strategy. Peer analysis of Virtus could also be used in its relative valuation, which is a method of valuing Virtus by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Virtus Market Strength Events
Market strength indicators help investors to evaluate how Virtus etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Virtus shares will generate the highest return on investment. By undertsting and applying Virtus etf market strength indicators, traders can identify Virtus entry and exit signals to maximize returns.
Virtus Risk Indicators
The analysis of Virtus' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Virtus' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting virtus etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.1984 | |||
| Semi Deviation | 0.1338 | |||
| Standard Deviation | 0.2654 | |||
| Variance | 0.0704 | |||
| Downside Variance | 0.0705 | |||
| Semi Variance | 0.0179 | |||
| Expected Short fall | (0.23) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Virtus offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Virtus' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Virtus Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Virtus Etf:Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Virtus 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' value that differs from its market value or its book value, called intrinsic value, which is Virtus' 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' market value can be influenced by many factors that don't directly affect Virtus' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus' 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.