Virtus Global Real Fund Market Value
| VGSCX Fund | USD 34.39 0.54 1.55% |
| Symbol | Virtus |
Virtus Global '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 Global'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 Global.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Virtus Global on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Virtus Global Real or generate 0.0% return on investment in Virtus Global over 180 days. Virtus Global is related to or competes with Virtus Global, Virtus Global, Virtus Global, Real Estate, and Virtus Kar. The fund provides global exposure to the real estate securities market, focusing on owners and operators with recurring ... More
Virtus Global 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 Global'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 Global Real upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7718 | |||
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 3.35 | |||
| Value At Risk | (1.37) | |||
| Potential Upside | 1.09 |
Virtus Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virtus Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Virtus Global's standard deviation. In reality, there are many statistical measures that can use Virtus Global historical prices to predict the future Virtus Global's volatility.| Risk Adjusted Performance | 0.0201 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | 0.0609 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Virtus Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Virtus Global Real Backtested Returns
Virtus Global Real owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0029, which indicates the fund had a -0.0029% return per unit of risk over the last 3 months. Virtus Global Real exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Virtus Global's Risk Adjusted Performance of 0.0201, semi deviation of 0.7344, and Coefficient Of Variation of 3714.05 to confirm the risk estimate we provide. The entity has a beta of 0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Virtus Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Virtus Global is expected to be smaller as well.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Virtus Global Real has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Virtus Global time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd of December 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 Global Real price movement. The serial correlation of -0.76 indicates that around 76.0% of current Virtus Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
Virtus Global Real lagged returns against current returns
Autocorrelation, which is Virtus Global 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 Global's mutual fund expected returns. We can calculate the autocorrelation of Virtus Global returns to help us make a trade decision. For example, suppose you find that Virtus Global 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 Global 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 Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Virtus Global 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 Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Virtus Global Lagged Returns
When evaluating Virtus Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Virtus Global mutual fund have on its future price. Virtus Global 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 Global autocorrelation shows the relationship between Virtus Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Virtus Global Real.
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 Global 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 Global security.
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