Virtus Reaves Utilities Etf Price on September 27, 2024
| UTES Etf | USD 69.83 0.34 0.49% |
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 69.83, as last reported on the 30th of November, with the highest price reaching 70.05 and the lowest price hitting 69.70 during the day.
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 0.25, which indicates the etf had a 0.25% 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' Risk Adjusted Performance of 0.1782, semi deviation of 1.05, and Coefficient Of Variation of 441.08 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.
3 y Volatility 19.02 | 200 Day MA 54.9802 | 1 y Volatility 18.39 | 50 Day MA 64.947 | Inception Date 2015-09-23 |
Virtus |
Sharpe Ratio = 0.2497
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Estimated Market Risk
| 1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Virtus Reaves is performing at about 19% 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 32.8 K |
Virtus Reaves Valuation on September 27, 2024
It is possible to determine the worth of Virtus Reaves on a given historical date. On September 27, 2024 Virtus was worth 63.47 at the beginning of the trading date compared to the closed value of 63.75. 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 | |
| 64.49 | 64.60 | 62.83 | 63.02 | 158,912 | |
09/27/2024 | 63.47 | 63.97 | 63.31 | 63.75 | 81,043 |
| 64.02 | 64.07 | 63.23 | 63.96 | 102,100 |
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Virtus Reaves Trading Date Momentum on September 27, 2024
| On September 30 2024 Virtus Reaves Utilities was traded for 63.96 at the closing time. The top price for the day was 64.07 and the lowest listed price was 63.23 . The trading volume for the day was 102.1 K. The trading history from September 30, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 0.33% . The trading price change against the current closing price is 4.30% . |
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.
Price Boundaries
Virtus Reaves Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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 November 30, 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.
| Risk Adjusted Performance | 0.1782 | |||
| Jensen Alpha | 0.2657 | |||
| Total Risk Alpha | 0.0789 | |||
| Sortino Ratio | 0.1497 | |||
| Treynor Ratio | 0.679 |
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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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.