Virtus Convertible Valuation
| VAADX Fund | USD 36.86 0.33 0.90% |
At this time, the fund appears to be undervalued. Virtus Convertible has a current Real Value of $39.54 per share. The regular price of the fund is $36.86. We determine the value of Virtus Convertible 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.
Undervalued
Today
Please note that Virtus Convertible's price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Virtus Convertible has a current Real Value of $39.54 per share. The regular price of the fund is $36.86. We determine the value of Virtus Convertible 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 Convertible is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Virtus Mutual Fund. However, Virtus Convertible'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 36.86 | Real 39.54 | Hype 36.86 | Naive 36.89 |
The intrinsic value of Virtus Convertible'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 Convertible'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.
Estimating the potential upside or downside of Virtus Convertible 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 Convertible more accurately as focusing exclusively on Virtus Convertible's fundamentals will not take into account other important factors: About Virtus Convertible Valuation
Our relative valuation model uses a comparative analysis of Virtus Convertible. We calculate exposure to Virtus Convertible's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Virtus Convertible's related companies.The fund seeks to achieve its objective by normally investing at least 80 percent of its net assets in convertible securities. Convertible securities include, but are not limited to, corporate bonds, debentures, notes or preferred stocks and their hybrids that can be converted into equity securities or other securities that provide an opportunity for equity participation.
Other Information on Investing in Virtus Mutual Fund
Virtus Convertible 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 Convertible security.
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