Virtus Reaves Utilities Etf Price on July 10, 2024

UTES Etf  USD 65.81  0.41  0.63%   
Below is the normalized historical share price chart for Virtus Reaves Utilities extending back to September 24, 2015. 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 Reaves stands at 65.81, as last reported on the 11th of December 2024, with the highest price reaching 65.81 and the lowest price hitting 65.40 during the day.
3 y Volatility
19.41
200 Day MA
55.7187
1 y Volatility
18.98
50 Day MA
65.6754
Inception Date
2015-09-23
 
Yuan Drop
 
Covid
If you're considering investing in Virtus Etf, it is important to understand the factors that can impact its price. Virtus Reaves appears to be very steady, given 3 months investment horizon. Virtus Reaves Utilities owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the etf had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Virtus Reaves Utilities, which you can use to evaluate the volatility of the etf. Please review Virtus Reaves' Coefficient Of Variation of 628.98, risk adjusted performance of 0.1202, and Semi Deviation of 1.21 to confirm if our risk estimates are consistent with your expectations.
  
Virtus Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1411

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Estimated Market Risk

 1.56
  actual daily
13
87% of assets are more volatile

Expected Return

 0.22
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average Virtus Reaves is performing at about 11% 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 Reaves by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
35.4 K

Virtus Reaves Valuation on July 10, 2024

It is possible to determine the worth of Virtus Reaves on a given historical date. On July 10, 2024 Virtus was worth 52.89 at the beginning of the trading date compared to the closed value of 53.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Virtus Reaves etf. Still, in general, we apply an absolute valuation method to find Virtus Reaves' 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 Reaves where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Virtus Reaves' related companies.
 Open High Low Close Volume
  52.48    53.43    52.48    52.79    65,007  
07/10/2024
  52.89    53.45    52.45    53.40    29,265  
  53.86    54.28    53.86    54.18    108,862  
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Open Value
52.89
53.4
Closing Value
57.56
Upside

Virtus Reaves Trading Date Momentum on July 10, 2024

On July 11 2024 Virtus Reaves Utilities was traded for  54.18  at the closing time. The top price for the day was 54.28  and the lowest listed price was  53.86 . The trading volume for the day was 108.9 K. The trading history from July 11, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 1.46% . The trading price change against the current closing price is 1.65% .

Virtus Reaves Utilities Fundamentals Correlations and Trends

By evaluating Virtus Reaves' 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 Reaves' 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 Reaves Etf history

Virtus Reaves 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 Reaves Utilities 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 Reaves stock prices may prove useful in developing a viable investing in Virtus Reaves

Virtus Reaves Etf Technical Analysis

Virtus Reaves 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.
A focus of Virtus Reaves technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Virtus Reaves trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Virtus Reaves Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

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Virtus Reaves Utilities 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 Reaves December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Virtus Reaves 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 Reaves shares will generate the highest return on investment. By undertsting and applying Virtus Reaves etf market strength indicators, traders can identify Virtus Reaves Utilities entry and exit signals to maximize returns

Virtus Reaves Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Virtus Reaves' 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.
When determining whether Virtus Reaves Utilities is a strong investment it is important to analyze Virtus Reaves' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Virtus Reaves' future performance. For an informed investment choice regarding Virtus Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virtus Reaves Utilities. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of Virtus Reaves Utilities 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 Reaves' value that differs from its market value or its book value, called intrinsic value, which is Virtus Reaves' 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 Reaves' market value can be influenced by many factors that don't directly affect Virtus Reaves' 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 Reaves' value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus Reaves is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus Reaves' 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.