Virtus Multi Sector Short Fund Manager Performance Evaluation
| PIMSX Fund | USD 4.53 0.01 0.22% |
The entity has a beta of -0.0086, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Virtus Multi-sector are expected to decrease at a much lower rate. During the bear market, Virtus Multi-sector is likely to outperform the market.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Virtus Multi Sector Short are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Virtus Multi-sector is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 27th of January 2023 | |
| Expense Ratio | 0.6500 |
Virtus |
Virtus Multi-sector Relative Risk vs. Return Landscape
If you would invest 449.00 in Virtus Multi Sector Short on August 29, 2024 and sell it today you would earn a total of 4.00 from holding Virtus Multi Sector Short or generate 0.89% return on investment over 90 days. Virtus Multi Sector Short is currently producing 0.0142% returns and takes up 0.1632% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Virtus, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Virtus Multi-sector Current Valuation
Overvalued
Today
Please note that Virtus Multi-sector's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Virtus Multi Sector has a current Real Value of $4.17 per share. The regular price of the fund is $4.53. We determine the value of Virtus Multi Sector from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Virtus Multi-sector is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Virtus Mutual Fund. However, Virtus Multi-sector's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 4.53 | Real 4.17 | Hype 4.53 | Naive 4.52 |
The intrinsic value of Virtus Multi-sector's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Virtus Multi-sector's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Virtus Multi Sector Short helps investors to forecast how Virtus mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Virtus Multi-sector more accurately as focusing exclusively on Virtus Multi-sector's fundamentals will not take into account other important factors: Virtus Multi-sector Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virtus Multi-sector's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Virtus Multi Sector Short, and traders can use it to determine the average amount a Virtus Multi-sector'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 = 0.087
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PIMSX |
Estimated Market Risk
| 0.16 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 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-sector 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-sector by adding it to a well-diversified portfolio.
Virtus Multi-sector Fundamentals Growth
Virtus Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Virtus Multi-sector, and Virtus Multi-sector fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Virtus Mutual Fund performance.
| Price To Book | 0.42 X | |||
| Price To Sales | 28.20 X | |||
| Total Asset | 3.69 B | |||
About Virtus Multi-sector Performance
Evaluating Virtus Multi-sector's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Virtus Multi-sector 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 Multi-sector has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund seeks current income with an emphasis on maintaining low volatility and overall short duration by investing primarily in higher quality, more liquid securities across 14 bond market sectors. It invests at least 80 percent of its assets in bonds, which are fixed income debt obligations of various types of issuers. The fund invests in a diversified portfolio of primarily short-term fixed income securities having an expected dollar-weighted average maturity of three years or less.Things to note about Virtus Multi Sector performance evaluation
Checking the ongoing alerts about Virtus Multi-sector for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Virtus Multi Sector help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 96.09% of its assets in bonds |
- Analyzing Virtus Multi-sector's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Virtus Multi-sector's stock is overvalued or undervalued compared to its peers.
- Examining Virtus Multi-sector's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Virtus Multi-sector's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Virtus Multi-sector's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Virtus Multi-sector's mutual fund. These opinions can provide insight into Virtus Multi-sector's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Virtus Mutual Fund
Virtus Multi-sector 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-sector security.
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