Virtus Nfj Large Cap Fund Market Value
| VAAGX Fund | USD 29.69 0.23 0.78% |
| Symbol | Virtus |
Virtus Nfj '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 Nfj'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 Nfj.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Virtus Nfj on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Virtus Nfj Large Cap or generate 0.0% return on investment in Virtus Nfj over 720 days. Virtus Nfj is related to or competes with Rational Special, Qs Us, Ips Strategic, Center Coast, Eic Value, and T Rowe. The fund normally invests at least 80 percent of its net assets in common stocks and other equity securities of companie... More
Virtus Nfj 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 Nfj'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 Nfj Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6071 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.29 | |||
| Value At Risk | (0.94) | |||
| Potential Upside | 1.11 |
Virtus Nfj Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virtus Nfj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Virtus Nfj's standard deviation. In reality, there are many statistical measures that can use Virtus Nfj historical prices to predict the future Virtus Nfj's volatility.| Risk Adjusted Performance | 0.1005 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.1011 |
Virtus Nfj Large Backtested Returns
At this stage we consider Virtus Mutual Fund to be very steady. Virtus Nfj Large owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Virtus Nfj Large Cap, which you can use to evaluate the volatility of the fund. Please validate Virtus Nfj's Coefficient Of Variation of 753.59, semi deviation of 0.4412, and Risk Adjusted Performance of 0.1005 to confirm if the risk estimate we provide is consistent with the expected return of 0.0717%. The entity has a beta of 0.79, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Virtus Nfj's returns are expected to increase less than the market. However, during the bear market, the loss of holding Virtus Nfj is expected to be smaller as well.
Auto-correlation | 0.14 |
Insignificant predictability
Virtus Nfj Large Cap has insignificant predictability. Overlapping area represents the amount of predictability between Virtus Nfj time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th 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 Nfj Large price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Virtus Nfj price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 1.62 |
Virtus Nfj Large lagged returns against current returns
Autocorrelation, which is Virtus Nfj 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 Nfj's mutual fund expected returns. We can calculate the autocorrelation of Virtus Nfj returns to help us make a trade decision. For example, suppose you find that Virtus Nfj 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 Nfj 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 Nfj mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Virtus Nfj 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 Nfj mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Virtus Nfj Lagged Returns
When evaluating Virtus Nfj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Virtus Nfj mutual fund have on its future price. Virtus Nfj 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 Nfj autocorrelation shows the relationship between Virtus Nfj mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Virtus Nfj Large Cap.
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 Nfj 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 Nfj security.
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