Virtus Etf Trust Etf Price on August 28, 2024
SEIX Etf | USD 23.91 0.01 0.04% |
Below is the normalized historical share price chart for Virtus ETF Trust extending back to April 25, 2019. 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 ETF stands at 23.91, as last reported on the 22nd of November, with the highest price reaching 23.92 and the lowest price hitting 23.89 during the day.
If you're considering investing in Virtus Etf, it is important to understand the factors that can impact its price. At this stage we consider Virtus Etf to be very steady. Virtus ETF Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.58, which indicates the etf had a 0.58% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Virtus ETF Trust, which you can use to evaluate the volatility of the etf. Please validate Virtus ETF's Standard Deviation of 0.0862, risk adjusted performance of 0.1691, and Downside Deviation of 0.1543 to confirm if the risk estimate we provide is consistent with the expected return of 0.0363%.
Virtus Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 3.83 | 200 Day MA 23.9221 | 1 y Volatility 1.45 | 50 Day MA 23.9008 | Inception Date 2019-04-23 |
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Sharpe Ratio = 0.5833
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Based on monthly moving average Virtus ETF is performing at about 45% 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 No Data |
Virtus ETF Valuation on August 28, 2024
It is possible to determine the worth of Virtus ETF on a given historical date. On August 28, 2024 Virtus was worth 23.39 at the beginning of the trading date compared to the closed value of 23.38. 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 | |
23.37 | 23.38 | 23.36 | 23.38 | 45,300 | |
08/28/2024 | 23.39 | 23.39 | 23.37 | 23.38 | 57,100 |
23.39 | 23.39 | 23.37 | 23.38 | 37,800 |
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Virtus ETF Trading Date Momentum on August 28, 2024
On August 29 2024 Virtus ETF Trust was traded for 23.38 at the closing time. The top price for the day was 23.39 and the lowest listed price was 23.37 . The trading volume for the day was 37.8 K. The trading history from August 29, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.34% . |
Virtus ETF Trust Fundamentals Correlations and Trends
By evaluating Virtus ETF's 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 ETF's 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 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
The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing, under normal market circumstances, at least 80 percent of its net assets in a combination of first- and second-lien senior floating rate loans. Virtus Seix is traded on NYSEARCA Exchange in the United States.
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 22, 2024
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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 22, 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 | 0.1691 | |||
Jensen Alpha | 0.0177 | |||
Total Risk Alpha | 0.0084 | |||
Sortino Ratio | (0.44) | |||
Treynor Ratio | 3.43 |
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Check out World Market Map 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 more information on how to buy Virtus Etf please use our How to Invest in Virtus ETF guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.