Virtus Real Estate Fund Market Value
| VRREX Fund | USD 18.11 0.45 2.42% |
| Symbol | Virtus |
Virtus Real '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 Real'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 Real.
| 12/14/2024 |
| 01/13/2025 |
If you would invest 0.00 in Virtus Real on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Virtus Real Estate or generate 0.0% return on investment in Virtus Real over 30 days. Virtus Real is related to or competes with Siit Us, Dws Equity, Quantitative Longshort, Artisan Select, Us Vector, Greenspring Fund, and Rbc China. The fund normally invests at least 80 percent of its assets in publicly-traded REITs and companies that are principally ... More
Virtus Real 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 Real'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 Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 9.0 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 1.34 |
Virtus Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virtus Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Virtus Real's standard deviation. In reality, there are many statistical measures that can use Virtus Real historical prices to predict the future Virtus Real's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (1.57) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Virtus Real'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 Real Estate Backtested Returns
Virtus Real Estate owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the fund had a -0.17% return per unit of risk over the last 3 months. Virtus Real Estate exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Virtus Real's Risk Adjusted Performance of (0.13), coefficient of variation of (604.28), and Variance of 2.0 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 Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Virtus Real is expected to be smaller as well.
Auto-correlation | 0.31 |
Below average predictability
Virtus Real Estate has below average predictability. Overlapping area represents the amount of predictability between Virtus Real time series from 14th of December 2024 to 29th of December 2024 and 29th of December 2024 to 13th of January 2025. 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 Real Estate price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Virtus Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Virtus Real Estate lagged returns against current returns
Autocorrelation, which is Virtus Real 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 Real's mutual fund expected returns. We can calculate the autocorrelation of Virtus Real returns to help us make a trade decision. For example, suppose you find that Virtus Real 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 Real 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 Real mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Virtus Real 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 Real mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Virtus Real Lagged Returns
When evaluating Virtus Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Virtus Real mutual fund have on its future price. Virtus Real 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 Real autocorrelation shows the relationship between Virtus Real mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Virtus Real Estate.
Regressed Prices |
| Timeline |
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Other Information on Investing in Virtus Mutual Fund
Virtus Real 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 Real security.
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