Virtus Etf Trust Etf Performance
| VEMY Etf | 27.57 0.11 0.40% |
The entity has a beta of 0.18, 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
12 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 12 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong primary 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
1 | When Moves Investors should Listen - Stock Traders Daily | 09/24/2024 |
Virtus |
Virtus ETF Relative Risk vs. Return Landscape
If you would invest 2,666 in Virtus ETF Trust on August 28, 2024 and sell it today you would earn a total of 91.00 from holding Virtus ETF Trust or generate 3.41% return on investment over 90 days. Virtus ETF Trust is currently generating 0.0539% in daily expected returns and assumes 0.3376% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% 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 = 0.1595
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| Cash | VEMY | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.34 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Virtus ETF is performing at about 12% 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
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.
Virtus ETF is entity of United States. It is traded as Etf on NYSE ARCA exchange.