Virtus Multi Strategy Target Fund Price on November 21, 2024
| VMSAX Fund | USD 18.24 0.09 0.50% |
If you're considering investing in Virtus Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Virtus Multi-strategy stands at 18.24, as last reported on the 27th of November, with the highest price reaching 18.24 and the lowest price hitting 18.24 during the day. At this stage we consider Virtus Mutual Fund to be very steady. Virtus Multi Strategy owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0862, which indicates the fund had a 0.0862% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Virtus Multi Strategy Target, which you can use to evaluate the volatility of the fund. Please validate Virtus Multi-strategy's Coefficient Of Variation of 1188.82, semi deviation of 0.064, and Risk Adjusted Performance of 0.0294 to confirm if the risk estimate we provide is consistent with the expected return of 0.015%.
Virtus Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Virtus |
Sharpe Ratio = 0.0862
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| Negative Returns | VMSAX |
Estimated Market Risk
| 0.17 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Virtus Multi-strategy is performing at about 6% 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 Multi-strategy by adding it to a well-diversified portfolio.
Virtus Multi-strategy Valuation on November 21, 2024
It is possible to determine the worth of Virtus Multi-strategy on a given historical date. On November 21, 2024 Virtus was worth 18.15 at the beginning of the trading date compared to the closed value of 18.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Virtus Multi-strategy mutual fund. Still, in general, we apply an absolute valuation method to find Virtus Multi-strategy'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 Multi-strategy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Virtus Multi-strategy's related companies.
| Open | High | Low | Close | Volume | |
| 18.14 | 18.14 | 18.14 | 18.14 | 1.00 | |
11/21/2024 | 18.15 | 18.15 | 18.15 | 18.15 | 1.00 |
| 18.15 | 18.15 | 18.15 | 18.15 | 1.00 |
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Virtus Multi-strategy Trading Date Momentum on November 21, 2024
| On November 22 2024 Virtus Multi Strategy Target was traded for 18.15 at the closing time. The highest daily price throughout the period was 18.15 and the lowest price was 18.15 . There was no trading activity during the period 1.0. Lack of trading volume on 11/22/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.50% . |
Virtus Multi Strategy Fundamentals Correlations and Trends
By evaluating Virtus Multi-strategy'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 Multi-strategy'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 Multi-strategy Mutual Fund history
Virtus Multi-strategy 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 Multi Strategy 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 Multi-strategy stock prices may prove useful in developing a viable investing in Virtus Multi-strategy
The fund invests in a variety of fixed income securities that are high-quality, medium-quality, and lower quality bonds across several fixed income sectors. Under normal circumstances, it will invest at least 80 percent of its assets in bonds, which include fixed income securities such as corporate bonds emerging market bonds and U.S. Treasury obligations and other U.S. government and agency securities. All bonds purchased by the fund will have a maturity of 90 days or more at the time of their issuance.
Virtus Multi-strategy Mutual Fund Technical Analysis
Virtus Multi-strategy 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 Multi-strategy Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Virtus Multi Strategy Target 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 Multi-strategy November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Virtus Multi-strategy 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 Multi-strategy shares will generate the highest return on investment. By undertsting and applying Virtus Multi-strategy mutual fund market strength indicators, traders can identify Virtus Multi Strategy Target entry and exit signals to maximize returns
Virtus Multi-strategy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Virtus Multi-strategy'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 | 0.0294 | |||
| Jensen Alpha | 3.0E-4 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.69) | |||
| Treynor Ratio | 0.1305 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Virtus Mutual Fund
Virtus Multi-strategy 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 Multi-strategy security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |