Virtus High Yield Fund Manager Performance Evaluation

PHCIX Fund  USD 3.84  0.01  0.26%   
The entity has a beta of 0.0991, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Virtus High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Virtus High is expected to be smaller as well.

Risk-Adjusted Performance

Soft

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Virtus High Yield are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Virtus High is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Expense Ratio Date28th of January 2025
Expense Ratio0.7000
  

Virtus High Relative Risk vs. Return Landscape

If you would invest  382.00  in Virtus High Yield on November 6, 2025 and sell it today you would earn a total of  2.00  from holding Virtus High Yield or generate 0.52% return on investment over 90 days. Virtus High Yield is currently producing 0.0087% returns and takes up 0.1716% volatility of returns over 90 trading days. Put another way, 1% 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  
Assuming the 90 days horizon Virtus High is expected to generate 9.61 times less return on investment than the market. But when comparing it to its historical volatility, the company is 4.38 times less risky than the market. It trades about 0.05 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.11 of returns per unit of risk over similar time horizon.

Virtus High Current Valuation

Undervalued
Today
3.84
Please note that Virtus High's price fluctuation is out of control at this time. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. Virtus High Yield current Real Value cannot be determined due to lack of data. The regular price of Virtus High Yield is $3.84. We determine the value of Virtus High Yield 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 High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Virtus Mutual Fund. However, Virtus High's 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  3.84 Real  0.0 Hype  0.0 Naive  3.82
The intrinsic value of Virtus High's 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 High's 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.
0.00
Real Value
0.17
Upside
Estimating the potential upside or downside of Virtus High Yield 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 High more accurately as focusing exclusively on Virtus High's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.843.853.86
Details
Hype
Prediction
LowEstimatedHigh
0.000.000.17
Details
Naive
Forecast
LowNext ValueHigh
3.653.823.99
Details
Below is the normalized historical share price chart for Virtus High Yield extending back to August 09, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Virtus High stands at 3.84, as last reported on the 4th of February, with the highest price reaching 3.84 and the lowest price hitting 3.84 during the day.
 
Yuan Drop
 
Covid
 
Interest Hikes

Virtus High Target Price Odds to finish over Current Price

The tendency of Virtus Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 3.84 90 days 3.84 
about 26.98
Based on a normal probability distribution, the odds of Virtus High to move above the current price in 90 days from now is about 26.98 (This Virtus High Yield probability density function shows the probability of Virtus Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Virtus High has a beta of 0.0991 indicating as returns on the market go up, Virtus High average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Virtus High Yield will be expected to be much smaller as well. Additionally Virtus High Yield has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   Virtus High Price Density   
       Price  

Predictive Modules for Virtus High

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Virtus High Yield. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
0.000.000.17
Details
Intrinsic
Valuation
LowRealHigh
0.000.000.17
Details
Naive
Forecast
LowNextHigh
3.653.823.99
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.843.853.86
Details

Virtus High Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Virtus High is not an exception. The market had few large corrections towards the Virtus High's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Virtus High Yield, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Virtus High within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.0062
β
Beta against Dow Jones0.1
σ
Overall volatility
0.02
Ir
Information ratio -0.22

Virtus High Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Virtus High for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Virtus High Yield can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund maintains about 8.17% of its assets in cash

Virtus High Fundamentals Growth

Virtus Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Virtus High, and Virtus High 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.

About Virtus High Performance

Evaluating Virtus High's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Virtus High 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 High 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 normally invests at least 80 percent of its assets in high yield fixed income securities. It is appropriate for investors seeking diversification and the potential rewards associated with investing in high-yield fixed income securities. High-yield fixed income securities are those that are rated below investment grade. The subadviser attempts to maintain the duration of the fund at a level similar to that of its style benchmark, the Bloomberg U.S. High-Yield 2 percent Issuer Capped Bond Index.

Things to note about Virtus High Yield performance evaluation

Checking the ongoing alerts about Virtus High for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Virtus High Yield 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 8.17% of its assets in cash
Evaluating Virtus High's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Virtus High's mutual fund performance include:
  • Analyzing Virtus High's 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 High's stock is overvalued or undervalued compared to its peers.
  • Examining Virtus High's 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 High's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Virtus High's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Virtus High's mutual fund. These opinions can provide insight into Virtus High's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Virtus High's mutual fund performance is not an exact science, and many factors can impact Virtus High's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Virtus Mutual Fund

Virtus High 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 High security.
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