Virtus Select Mlp Fund Price on August 10, 2023
| VLPAX Fund | USD 17.64 0.06 0.34% |
Below is the normalized historical share price chart for Virtus Select Mlp extending back to September 09, 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 Select stands at 17.64, as last reported on the 29th of November, with the highest price reaching 17.64 and the lowest price hitting 17.64 during the day.
If you're considering investing in Virtus Mutual Fund, it is important to understand the factors that can impact its price. Virtus Select appears to be very steady, given 3 months investment horizon. Virtus Select Mlp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.33, which indicates the fund had a 0.33% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Virtus Select Mlp, which you can use to evaluate the volatility of the fund. Please review Virtus Select's Risk Adjusted Performance of 0.25, coefficient of variation of 307.47, and Semi Deviation of 0.3301 to confirm if our risk estimates are consistent with your expectations.
Virtus Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Virtus |
Sharpe Ratio = 0.3276
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Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.33 actual daily | 25 75% of assets perform better |
Based on monthly moving average Virtus Select is performing at about 25% 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 Select by adding it to a well-diversified portfolio.
Virtus Select Valuation on August 10, 2023
It is possible to determine the worth of Virtus Select on a given historical date. On August 10, 2023 Virtus was worth 11.35 at the beginning of the trading date compared to the closed value of 11.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Virtus Select mutual fund. Still, in general, we apply an absolute valuation method to find Virtus Select'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 Select where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Virtus Select's related companies.
| Open | High | Low | Close | Volume | |
| 11.37 | 11.37 | 11.37 | 11.37 | 1.00 | |
08/10/2023 | 11.35 | 11.35 | 11.35 | 11.35 | 1.00 |
| 11.45 | 11.45 | 11.45 | 11.45 | 1.00 |
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Virtus Select Trading Date Momentum on August 10, 2023
| On August 11 2023 Virtus Select Mlp was traded for 11.45 at the closing time. The highest daily price throughout the period was 11.45 and the lowest price was 11.45 . There was no trading activity during the period 1.0. Lack of trading volume on 08/11/2023 added to the next day price jump. The trading price change to closing price of the next trading day was 0.88% . The trading price change to current closing price is 0.70% . |
Virtus Select Mlp Fundamentals Correlations and Trends
By evaluating Virtus Select'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 Select'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 Select Mutual Fund history
Virtus Select 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 Select Mlp 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 Select stock prices may prove useful in developing a viable investing in Virtus Select
Under normal circumstances, the fund invests at least 80 percent of its assets in securities of master limited partnerships andor other equity securities in energy and energy-related industries. Its allocation to ETNs andor structured notes will vary over time, has generally been in the 0-3 percent range, and will not exceed 10 percent of assets. The fund is non-diversified.
Virtus Select Mutual Fund Technical Analysis
Virtus Select technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Virtus Select Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Virtus Select Mlp cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 Select November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Virtus Select mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Virtus Select shares will generate the highest return on investment. By undertsting and applying Virtus Select mutual fund market strength indicators, traders can identify Virtus Select Mlp entry and exit signals to maximize returns
Virtus Select Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Virtus Select's price direction in advance. Along with the technical and fundamental analysis of Virtus Mutual Fund 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 | 0.25 | |||
| Jensen Alpha | 0.2119 | |||
| Total Risk Alpha | 0.1354 | |||
| Sortino Ratio | 0.2035 | |||
| Treynor Ratio | 0.6157 |
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Other Information on Investing in Virtus Mutual Fund
Virtus Select financial ratios help investors to determine whether Virtus Mutual Fund 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 Select security.
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