Virtus Alternatives Diversifier Fund Manager Performance Evaluation
| PDPAX Fund | USD 15.07 0.12 0.80% |
The entity has a beta of 0.0509, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Virtus Alternatives' returns are expected to increase less than the market. However, during the bear market, the loss of holding Virtus Alternatives is expected to be smaller as well.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Virtus Alternatives Diversifier are ranked lower than 7 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Virtus Alternatives is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 27th of January 2023 | |
| Expense Ratio | 1.3000 |
Virtus |
Virtus Alternatives Relative Risk vs. Return Landscape
If you would invest 1,462 in Virtus Alternatives Diversifier on August 24, 2024 and sell it today you would earn a total of 45.00 from holding Virtus Alternatives Diversifier or generate 3.08% return on investment over 90 days. Virtus Alternatives Diversifier is currently producing 0.0485% returns and takes up 0.4827% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than Virtus, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Virtus Alternatives Current Valuation
Fairly Valued
Today
Please note that Virtus Alternatives' price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Virtus Alternatives has a current Real Value of $14.92 per share. The regular price of the fund is $15.07. We determine the value of Virtus Alternatives from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Virtus Alternatives is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Virtus Mutual Fund. However, Virtus Alternatives' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 15.07 | Real 14.92 | Hype 14.97 | Naive 14.99 |
The intrinsic value of Virtus Alternatives' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Virtus Alternatives' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Virtus Alternatives Diversifier helps investors to forecast how Virtus mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Virtus Alternatives more accurately as focusing exclusively on Virtus Alternatives' fundamentals will not take into account other important factors: Virtus Alternatives Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virtus Alternatives' investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Virtus Alternatives Diversifier, and traders can use it to determine the average amount a Virtus Alternatives' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1005
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PDPAX |
Estimated Market Risk
| 0.48 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Virtus Alternatives is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Virtus Alternatives by adding it to a well-diversified portfolio.
Virtus Alternatives Fundamentals Growth
Virtus Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Virtus Alternatives, and Virtus Alternatives fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Virtus Mutual Fund performance.
| Price To Earning | 22.49 X | |||
| Price To Book | 1.74 X | |||
| Price To Sales | 2.22 X | |||
| Total Asset | 10.9 M | |||
About Virtus Alternatives Performance
Evaluating Virtus Alternatives' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Virtus Alternatives has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Virtus Alternatives has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund seeks to achieve its objective by investing its assets in a mix of underlying affiliated and unaffiliated mutual funds and exchange-traded funds . Under normal circumstances, it will invest at least 80 percent of its net assets in underlying funds which substantially invest directly and indirectly in real assets. Real assets are broadly defined by the fund and include global real estate natural resources commodities global infrastructure energy midstream MLPs, General Partners and C-corporations that own midstream oil and natural gas assets etc. The fund is non-diversified.Things to note about Virtus Alternatives performance evaluation
Checking the ongoing alerts about Virtus Alternatives for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Virtus Alternatives help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 9.63% of its assets in cash |
- Analyzing Virtus Alternatives' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Virtus Alternatives' stock is overvalued or undervalued compared to its peers.
- Examining Virtus Alternatives' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Virtus Alternatives' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Virtus Alternatives' management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Virtus Alternatives' mutual fund. These opinions can provide insight into Virtus Alternatives' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Virtus Mutual Fund
Virtus Alternatives 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 Alternatives security.
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