Virtus Etf Trust Etf Price on October 17, 2024
| KMID Etf | 25.83 0.23 0.90% |
If you're considering investing in Virtus Etf, it is important to understand the factors that can impact its price. As of today, the current price of Virtus ETF stands at 25.83, as last reported on the 25th of November, with the highest price reaching 25.85 and the lowest price hitting 25.74 during the day. Virtus ETF is out of control given 3 months investment horizon. Virtus ETF Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the etf had a 0.18% return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 33.44% are justified by taking the suggested risk. Use Virtus ETF Trust Coefficient Of Variation of 739.62, semi deviation of 0.4469, and Risk Adjusted Performance of 0.1039 to evaluate company specific risk that cannot be diversified away.
Virtus Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Virtus |
Sharpe Ratio = 0.1832
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Estimated Market Risk
| 182.56 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Virtus ETF is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Virtus ETF by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 24.9 K | Market Capitalisation {Big=0, Small=0, Mega=0, Medium=96.65718, Micro=0} |
Virtus ETF Valuation on October 17, 2024
It is possible to determine the worth of Virtus ETF on a given historical date. On October 17, 2024 Virtus was worth 25.12 at the beginning of the trading date compared to the closed value of 25.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Virtus ETF etf. Still, in general, we apply an absolute valuation method to find Virtus ETF's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Virtus ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Virtus ETF's related companies.
| Open | High | Low | Close | Volume | |
| 25.09 | 25.13 | 25.05 | 25.07 | 101,200 | |
10/17/2024 | 25.12 | 25.12 | 25.04 | 25.04 | 2,800 |
| 25.10 | 25.10 | 25.06 | 25.09 | 800.00 |
| Backtest Virtus ETF | | | Virtus ETF History | | | Virtus ETF Valuation | Previous | Next |
Virtus ETF Trading Date Momentum on October 17, 2024
| On October 18 2024 Virtus ETF Trust was traded for 25.09 at the closing time. The top price for the day was 25.10 and the lowest listed price was 25.06 . The trading volume for the day was 800. The trading history from October 18, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.20% . The trading price change against the current closing price is 1.20% . |
About Virtus ETF Etf history
Virtus ETF investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Virtus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Virtus ETF Trust will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Virtus ETF stock prices may prove useful in developing a viable investing in Virtus ETF
Virtus ETF Etf Technical Analysis
Virtus ETF technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Virtus ETF Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Virtus ETF Trust cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Virtus ETF November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Virtus ETF 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 ETF shares will generate the highest return on investment. By undertsting and applying Virtus ETF etf market strength indicators, traders can identify Virtus ETF Trust entry and exit signals to maximize returns
Virtus ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Virtus ETF's price direction in advance. Along with the technical and fundamental analysis of Virtus Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Virtus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1039 | |||
| Jensen Alpha | 0.0438 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.2222 |
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| Volume Indicators |
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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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.