Virtus Etf Trust Etf Performance
| KMID Etf | 26.14 0.06 0.23% |
The entity has a beta of 0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Virtus ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Virtus ETF is expected to be smaller as well.
Risk-Adjusted Performance
13 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Virtus ETF Trust are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of rather uncertain forward indicators, Virtus ETF exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Virtus |
Virtus ETF Relative Risk vs. Return Landscape
If you would invest 0.00 in Virtus ETF Trust on August 30, 2024 and sell it today you would earn a total of 2,614 from holding Virtus ETF Trust or generate 9.223372036854776E16% return on investment over 90 days. Virtus ETF Trust is currently generating 31.3837% in daily expected returns and assumes 176.7541% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Virtus, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Virtus ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virtus ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Virtus ETF Trust, and traders can use it to determine the average amount a Virtus ETF's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1776
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 176.75 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Virtus ETF is performing at about 13% 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.
About Virtus ETF Performance
By analyzing Virtus ETF's fundamental ratios, stakeholders can gain valuable insights into Virtus ETF's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Virtus ETF has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Virtus ETF has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Virtus ETF is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Virtus ETF Trust is way too risky over 90 days horizon | |
| Virtus ETF Trust appears to be risky and price may revert if volatility continues |
Check out Correlation Analysis 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 gross domestic product. For information on how to trade Virtus Etf refer to our How to Trade Virtus Etf guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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.