Virtus Etf Trust Etf Performance
| SEIX Etf | USD 23.91 0.01 0.04% |
The entity has a beta of 0.0053, which indicates not very significant fluctuations relative to the market. 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
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Compared to the overall equity markets, risk-adjusted returns on investments in Virtus ETF Trust are ranked lower than 45 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong forward indicators, Virtus ETF is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | 0.50 |
Virtus |
Virtus ETF Relative Risk vs. Return Landscape
If you would invest 2,337 in Virtus ETF Trust on August 24, 2024 and sell it today you would earn a total of 54.00 from holding Virtus ETF Trust or generate 2.31% return on investment over 90 days. Virtus ETF Trust is currently generating 0.0363% in daily expected returns and assumes 0.0622% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than Virtus, and 99% of all 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 = 0.5833
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Based on monthly moving average Virtus ETF is performing at about 45% 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.
Virtus ETF Fundamentals Growth
Virtus Etf prices reflect investors' perceptions of the future prospects and financial health of Virtus ETF, and Virtus ETF 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 Etf performance.
| Total Asset | 90.82 M | |||
About Virtus ETF Performance
Evaluating Virtus ETF's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. 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. Please also refer to our technical analysis and fundamental analysis pages.
The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing, under normal market circumstances, at least 80 percent of its net assets in a combination of first- and second-lien senior floating rate loans. Virtus Seix is traded on NYSEARCA Exchange in the United States.| Virtus is showing solid risk-adjusted performance over 90 days | |
| The fund maintains all of the assets in different exotic instruments |
Check out World Market Map 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 more information on how to buy Virtus Etf please use our How to Invest in Virtus ETF guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.