VRTS Stock | | | USD 239.40 4.92 2.10% |
Virtus Investment financial indicator trend analysis is much more than just breaking down Virtus Investment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Virtus Investment is a good investment. Please check the relationship between Virtus Investment Depreciation And Amortization and its Ebitda accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Virtus Investment Partners,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Depreciation And Amortization vs Ebitda
Depreciation And Amortization vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Virtus Investment Depreciation And Amortization account and
Ebitda. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Virtus Investment's Depreciation And Amortization and Ebitda is 0.59. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Ebitda in the same time period over historical financial statements of Virtus Investment Partners,, assuming nothing else is changed. The correlation between historical values of Virtus Investment's Depreciation And Amortization and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Virtus Investment Partners, are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Depreciation And Amortization i.e., Virtus Investment's Depreciation And Amortization and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Ebitda
Most indicators from Virtus Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Virtus Investment current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Virtus Investment Partners,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Virtus Investment's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.11 in 2024, whereas
Selling General Administrative is likely to drop slightly above 70.2
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 69.6M | 93.4M | 23.4M | 31.0M | Depreciation And Amortization | 50.8M | 64.2M | 68.4M | 71.9M |
Virtus Investment fundamental ratios Correlations
Click cells to compare fundamentals
Virtus Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Virtus Investment fundamental ratios Accounts
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Additional Tools for Virtus Stock Analysis
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predict the probability of Virtus Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virtus Investment's price. Additionally, you may evaluate how the addition of Virtus Investment to your portfolios can decrease your overall portfolio volatility.