Virtus Alternatives Diversifier Fund Price on October 30, 2024
| PDPAX Fund | USD 15.14 0.01 0.07% |
Below is the normalized historical share price chart for Virtus Alternatives Diversifier extending back to December 01, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Virtus Alternatives stands at 15.14, as last reported on the 26th of November, with the highest price reaching 15.14 and the lowest price hitting 15.14 during the day.
If you're considering investing in Virtus Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Virtus Mutual Fund to be very steady. Virtus Alternatives owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Virtus Alternatives Diversifier, which you can use to evaluate the volatility of the fund. Please validate Virtus Alternatives' Coefficient Of Variation of 654.96, semi deviation of 0.1599, and Risk Adjusted Performance of 0.112 to confirm if the risk estimate we provide is consistent with the expected return of 0.0654%.
Virtus Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Virtus |
Sharpe Ratio = 0.1367
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Estimated Market Risk
| 0.48 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Virtus Alternatives is performing at about 10% 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 Alternatives by adding it to a well-diversified portfolio.
Virtus Alternatives Valuation on October 30, 2024
It is possible to determine the worth of Virtus Alternatives on a given historical date. On October 30, 2024 Virtus was worth 14.77 at the beginning of the trading date compared to the closed value of 14.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Virtus Alternatives mutual fund. Still, in general, we apply an absolute valuation method to find Virtus Alternatives' 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 Alternatives where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Virtus Alternatives' related companies.
| Open | High | Low | Close | Volume | |
| 14.76 | 14.76 | 14.76 | 14.76 | 1.00 | |
10/30/2024 | 14.77 | 14.77 | 14.77 | 14.77 | 1.00 |
| 14.70 | 14.70 | 14.70 | 14.70 | 1.00 |
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Virtus Alternatives Trading Date Momentum on October 30, 2024
| On October 31 2024 Virtus Alternatives Diversifier was traded for 14.70 at the closing time. The highest daily price throughout the period was 14.70 and the lowest price was 14.70 . There was no trading activity during the period 1.0. Lack of trading volume on 10/31/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.47% . The trading price change to current closing price is 0.88% . |
Virtus Alternatives Fundamentals Correlations and Trends
By evaluating Virtus Alternatives' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Virtus Alternatives' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Virtus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Virtus Alternatives Mutual Fund history
Virtus Alternatives 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 Alternatives 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 Alternatives stock prices may prove useful in developing a viable investing in Virtus Alternatives
The fund seeks to achieve its objective by investing its assets in a mix of underlying affiliated and unaffiliated mutual funds and exchange-traded funds . Under normal circumstances, it will invest at least 80 percent of its net assets in underlying funds which substantially invest directly and indirectly in real assets. Real assets are broadly defined by the fund and include global real estate natural resources commodities global infrastructure energy midstream MLPs, General Partners and C-corporations that own midstream oil and natural gas assets etc. The fund is non-diversified.
Virtus Alternatives Mutual Fund Technical Analysis
Virtus Alternatives technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Virtus Alternatives Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Virtus Alternatives Diversifier cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 Alternatives November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Virtus Alternatives mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Virtus Alternatives shares will generate the highest return on investment. By undertsting and applying Virtus Alternatives mutual fund market strength indicators, traders can identify Virtus Alternatives Diversifier entry and exit signals to maximize returns
Virtus Alternatives Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Virtus Alternatives' price direction in advance. Along with the technical and fundamental analysis of Virtus Mutual Fund 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 | 0.112 | |||
| Jensen Alpha | 0.051 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.4477 |
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| Volume Indicators |
Other Information on Investing in Virtus Mutual Fund
Virtus Alternatives 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 Alternatives security.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |