Virtus Global Multi Etf Price on March 28, 2024
VGI Etf | USD 7.95 0.04 0.51% |
Below is the normalized historical share price chart for Virtus Global Multi extending back to February 24, 2012. 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 Global stands at 7.95, as last reported on the 26th of November, with the highest price reaching 7.99 and the lowest price hitting 7.93 during the day.
If you're considering investing in Virtus Etf, it is important to understand the factors that can impact its price. Virtus Global is very steady at the moment. Virtus Global Multi owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the etf had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Virtus Global Multi, which you can use to evaluate the volatility of the etf. Please validate Virtus Global's Semi Deviation of 0.2423, coefficient of variation of 710.89, and Risk Adjusted Performance of 0.1015 to confirm if the risk estimate we provide is consistent with the expected return of 0.0622%.
Virtus Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Virtus |
Sharpe Ratio = 0.1309
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Estimated Market Risk
0.48 actual daily | 4 96% of assets are more volatile |
Expected Return
0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Virtus Global 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 Global by adding it to a well-diversified portfolio.
Market Capitalization 109.1 M |
Virtus Global Valuation on March 28, 2024
It is possible to determine the worth of Virtus Global on a given historical date. On March 28, 2024 Virtus was worth 7.03 at the beginning of the trading date compared to the closed value of 7.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Virtus Global etf. Still, in general, we apply an absolute valuation method to find Virtus Global'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 Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Virtus Global's related companies.
Open | High | Low | Close | Volume | |
7.00 | 7.01 | 6.97 | 7.01 | 43,737 | |
03/28/2024 | 7.03 | 7.05 | 7.00 | 7.05 | 58,107 |
7.09 | 7.09 | 6.98 | 7.00 | 94,582 |
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Virtus Global Trading Date Momentum on March 28, 2024
On April 01 2024 Virtus Global Multi was traded for 7.00 at the closing time. Highest Virtus Global's price during the trading hours was 7.09 and the lowest price during the day was 6.98 . The net volume was 94.6 K. The overall trading history on the 1st of April contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.71% . The trading price change to current price is 0.57% . |
Virtus Global Multi Fundamentals Correlations and Trends
By evaluating Virtus Global'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 Global'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 Global Etf history
Virtus Global 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 Global Multi 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 Global stock prices may prove useful in developing a viable investing in Virtus Global
Virtus Global Multi-Sector Income Fund is a closed ended fixed income mutual fund launched by Virtus Investment Partners, Inc. The fund is co-managed by Virtus Investment Advisers, Inc. and Newfleet Asset Management, LLC. It invests in fixed income markets across the globe. The fund invests in both investment grade and high yield debt instruments issued by the government, corporate, bank loans, mortgage-backed securities, asset-backed securities, taxable municipal bonds, and tax-exempt municipal bonds. It invests in securities with average duration which varies within three years of the duration of the Barclays Global Aggregate Bond Index. The fund employs fundamental analysis with a top-down and bottom-up stock picking approach while focusing on factors such as yield and spreads, supply and demand, investment environment, sector fundamentals, assessment of credit risk, company management, issue structure, technical market conditions, and valuations to create its portfolio. It seeks to benchmark the performance of its portfolio against the Barclays Global Aggregate Bond Index. The fund was formerly known as Virtus-Newfleet Global Multi-Sector Income Fund. Virtus Global Multi-Sector Income Fund was formed on February 23, 2012 and is domiciled in the United States.
Virtus Global Etf Technical Analysis
Virtus Global 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 Global Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Virtus Global Multi cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 Global November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Virtus Global 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 Global shares will generate the highest return on investment. By undertsting and applying Virtus Global etf market strength indicators, traders can identify Virtus Global Multi entry and exit signals to maximize returns
Virtus Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Virtus Global'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 | 0.1015 | |||
Jensen Alpha | 0.0501 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.17) | |||
Treynor Ratio | 1.2 |
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Other Information on Investing in Virtus Etf
Virtus Global financial ratios help investors to determine whether Virtus Etf 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 Global security.