Virtus Kar Mid Cap Fund Market Value
| VMCCX Fund | USD 54.35 0.41 0.76% |
| Symbol | VIRTUS |
Virtus Kar '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 Kar'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 Kar.
| 11/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Virtus Kar on November 29, 2023 and sell it all today you would earn a total of 0.00 from holding Virtus Kar Mid Cap or generate 0.0% return on investment in Virtus Kar over 360 days. Virtus Kar is related to or competes with Virtus Kar, Boston Trust, Virtus Kar, Virtus Kar, and Dow 2x. Under normal circumstances, the fund invests at least 80 percent of its assets in equity securities of medium market cap... More
Virtus Kar 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 Kar'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 Kar Mid Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8368 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.85 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 1.38 |
Virtus Kar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virtus Kar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Virtus Kar's standard deviation. In reality, there are many statistical measures that can use Virtus Kar historical prices to predict the future Virtus Kar's volatility.| Risk Adjusted Performance | 0.0777 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0811 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Virtus Kar'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 Kar Mid Backtested Returns
At this stage we consider VIRTUS Mutual Fund to be very steady. Virtus Kar Mid 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 Kar Mid Cap, which you can use to evaluate the volatility of the fund. Please validate Virtus Kar's Risk Adjusted Performance of 0.0777, semi deviation of 0.71, and Coefficient Of Variation of 993.12 to confirm if the risk estimate we provide is consistent with the expected return of 0.0928%. The entity has a beta of 0.92, which indicates possible diversification benefits within a given portfolio. Virtus Kar returns are very sensitive to returns on the market. As the market goes up or down, Virtus Kar is expected to follow.
Auto-correlation | 0.49 |
Average predictability
Virtus Kar Mid Cap has average predictability. Overlapping area represents the amount of predictability between Virtus Kar time series from 29th of November 2023 to 27th of May 2024 and 27th of May 2024 to 23rd 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 Kar Mid price movement. The serial correlation of 0.49 indicates that about 49.0% of current Virtus Kar price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 2.84 |
Virtus Kar Mid lagged returns against current returns
Autocorrelation, which is Virtus Kar 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 Kar's mutual fund expected returns. We can calculate the autocorrelation of Virtus Kar returns to help us make a trade decision. For example, suppose you find that Virtus Kar 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 Kar 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 Kar mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Virtus Kar 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 Kar mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Virtus Kar Lagged Returns
When evaluating Virtus Kar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Virtus Kar mutual fund have on its future price. Virtus Kar 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 Kar autocorrelation shows the relationship between Virtus Kar mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Virtus Kar Mid 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 Kar 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 Kar security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |