Technical Data - Stock Traders Daily
| VSHY Etf | 22.02 0.04 0.18% |
Slightly above 55% of Virtus ETF's investor base is interested to short. The current sentiment regarding investing in Virtus ETF Trust etf implies that many traders are impartial. Virtus ETF's investing sentiment can be driven by a variety of factors including economic data, Virtus ETF's earnings reports, geopolitical events, and overall market trends.
Virtus |
Technical Data Stock Traders Daily
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Virtus ETF Fundamental Analysis
We analyze Virtus ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Virtus ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Virtus ETF based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Virtus ETF is currently under evaluation in beta as compared to similar ETFs. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Virtus ETF Trust Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Virtus ETF etf to make a market-neutral strategy. Peer analysis of Virtus ETF could also be used in its relative valuation, which is a method of valuing Virtus ETF by comparing valuation metrics with similar companies.
Peers
Virtus ETF Related Equities
| VCLT | Vanguard Long | 0.82 | ||||
| VCEB | Vanguard ESG | 0.60 | ||||
| MBBB | VanEck Vectors | 0.51 | ||||
| VCIT | Vanguard Intermediate | 0.44 | ||||
| MYCK | MYCK | 0.37 | ||||
| XB | BondBloxx ETF | 0.30 | ||||
| VCSH | Vanguard Short | 0.18 | ||||
| VEMY | Virtus ETF | 0.18 | ||||
| MYCF | MYCF | 0.08 |
Check out Virtus ETF Hype Analysis, Virtus ETF Correlation and Virtus ETF Performance. 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.