Virtus Seix Government Fund Market Value
| SSAGX Fund | USD 9.88 0.00 0.00% |
| Symbol | Virtus |
Virtus Seix 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Virtus Seix's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Virtus Seix.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Virtus Seix on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Virtus Seix Government or generate 0.0% return on investment in Virtus Seix over 30 days. Virtus Seix is related to or competes with Virtus Global, Allianzgi Mid, Virtus Select, and Virtus Rampart. The fund invests at least 80 percent of its net assets in short duration U.S More
Virtus Seix Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Virtus Seix's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Virtus Seix Government upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1095 | |||
| Information Ratio | (1.00) | |||
| Maximum Drawdown | 0.5104 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.1018 |
Virtus Seix Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virtus Seix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Virtus Seix's standard deviation. In reality, there are many statistical measures that can use Virtus Seix historical prices to predict the future Virtus Seix's volatility.| Risk Adjusted Performance | 0.0411 | |||
| Jensen Alpha | 0.0052 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.87) | |||
| Treynor Ratio | (0.31) |
Virtus Seix Government Backtested Returns
At this stage we consider Virtus Mutual Fund to be very steady. Virtus Seix Government owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the fund had a 0.15% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Virtus Seix Government, which you can use to evaluate the volatility of the fund. Please validate Virtus Seix's Standard Deviation of 0.0959, risk adjusted performance of 0.0411, and Downside Deviation of 0.1095 to confirm if the risk estimate we provide is consistent with the expected return of 0.0146%. The entity has a beta of -0.0125, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Virtus Seix are expected to decrease at a much lower rate. During the bear market, Virtus Seix is likely to outperform the market.
Auto-correlation | -0.29 |
Weak reverse predictability
Virtus Seix Government has weak reverse predictability. Overlapping area represents the amount of predictability between Virtus Seix time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Virtus Seix Government price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Virtus Seix price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Virtus Seix Government lagged returns against current returns
Autocorrelation, which is Virtus Seix mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Virtus Seix's mutual fund expected returns. We can calculate the autocorrelation of Virtus Seix returns to help us make a trade decision. For example, suppose you find that Virtus Seix has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Virtus Seix regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Virtus Seix mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Virtus Seix mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Virtus Seix mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Virtus Seix Lagged Returns
When evaluating Virtus Seix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Virtus Seix mutual fund have on its future price. Virtus Seix autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Virtus Seix autocorrelation shows the relationship between Virtus Seix mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Virtus Seix Government.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Virtus Mutual Fund
Virtus Seix 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 Seix security.
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