Virtus Newfleet Absmbs Etf Performance
| VABS Etf | USD 24.17 0.02 0.08% |
The entity has a beta of -0.0228, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Virtus Newfleet are expected to decrease at a much lower rate. During the bear market, Virtus Newfleet is likely to outperform the market.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Virtus Newfleet ABSMBS are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable fundamental drivers, Virtus Newfleet is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Long Term Trading Analysis for - Stock Traders Daily | 11/07/2024 |
| In Threey Sharp Ratio | -0.53 |
Virtus |
Virtus Newfleet Relative Risk vs. Return Landscape
If you would invest 2,391 in Virtus Newfleet ABSMBS on August 23, 2024 and sell it today you would earn a total of 26.00 from holding Virtus Newfleet ABSMBS or generate 1.09% return on investment over 90 days. Virtus Newfleet ABSMBS is currently generating 0.017% in daily expected returns and assumes 0.0972% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than Virtus, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Virtus Newfleet Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virtus Newfleet's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Virtus Newfleet ABSMBS, and traders can use it to determine the average amount a Virtus Newfleet's 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 = 0.1744
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| VABS |
Based on monthly moving average Virtus Newfleet is performing at about 13% 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 Newfleet by adding it to a well-diversified portfolio.
Virtus Newfleet Fundamentals Growth
Virtus Etf prices reflect investors' perceptions of the future prospects and financial health of Virtus Newfleet, and Virtus Newfleet 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 Etf performance.
| Total Asset | 12.68 M | |||
About Virtus Newfleet Performance
Assessing Virtus Newfleet's fundamental ratios provides investors with valuable insights into Virtus Newfleet's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Virtus Newfleet is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The funds sub-adviser, seeks to achieve its investment objective by investing in asset-backed securities and mortgage-backed securities , including commercial MBS and residential MBS. Virtus Newfleet is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Long Term Trading Analysis for - Stock Traders Daily | |
| The fund keeps most of the net assets in exotic instruments. |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virtus Newfleet ABSMBS. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of Virtus Newfleet ABSMBS is measured differently than its book value, which is the value of Virtus that is recorded on the company's balance sheet. Investors also form their own opinion of Virtus Newfleet's value that differs from its market value or its book value, called intrinsic value, which is Virtus Newfleet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Virtus Newfleet's market value can be influenced by many factors that don't directly affect Virtus Newfleet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Virtus Newfleet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus Newfleet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus Newfleet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.