Virtus Etf Trust Etf Price on December 3, 2024
VEMY Etf | 27.84 0.02 0.07% |
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 27.84, as last reported on the 11th of December 2024, with the highest price reaching 27.85 and the lowest price hitting 27.84 during the day. At this stage we consider Virtus Etf to be very steady. Virtus ETF Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the etf had a 0.21% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Virtus ETF Trust, which you can use to evaluate the volatility of the etf. Please validate Virtus ETF's Downside Deviation of 0.2677, risk adjusted performance of 0.1338, and Standard Deviation of 0.2974 to confirm if the risk estimate we provide is consistent with the expected return of 0.0621%.
Virtus Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Virtus |
Sharpe Ratio = 0.2057
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Estimated Market Risk
0.3 actual daily | 2 98% of assets are more volatile |
Expected Return
0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Virtus ETF is performing at about 16% 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 |
Related Headline
Toroso Investments Headline on 11th of December 2024
Insider Trading by Cavalier Lynnette M Filed transaction by Toroso Investments Director . Insider Public Trading |
Virtus ETF Valuation on December 3, 2024
It is possible to determine the worth of Virtus ETF on a given historical date. On December 3, 2024 Virtus was worth 27.73 at the beginning of the trading date compared to the closed value of 27.69. 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 | |
27.64 | 27.67 | 27.64 | 27.65 | 1,097 | |
12/03/2024 | 27.73 | 27.74 | 27.69 | 27.69 | 2,032 |
27.72 | 27.80 | 27.72 | 27.79 | 10,144 |
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Virtus ETF Trading Date Momentum on December 3, 2024
On December 04 2024 Virtus ETF Trust was traded for 27.79 at the closing time. The top price for the day was 27.80 and the lowest listed price was 27.72 . The trading volume for the day was 10.1 K. The trading history from December 4, 2024 was a factor to the next trading day price jump. The trading price change against the next closing price was 0.36% . The trading price change against the current closing price is 0.58% . |
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 | December 11, 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 December 11, 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 | 0.1338 | |||
Jensen Alpha | 0.0346 | |||
Total Risk Alpha | 0.0038 | |||
Sortino Ratio | (0.24) | |||
Treynor Ratio | 0.3564 |
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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 population. For more information on how to buy Virtus Etf please use our How to Invest in Virtus ETF guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.