Virtus Rampart Enhanced Fund Market Value
PXIIX Fund | USD 19.95 0.06 0.30% |
Symbol | Virtus |
Virtus Rampart '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 Rampart'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 Rampart.
01/29/2024 |
| 03/29/2024 |
If you would invest 0.00 in Virtus Rampart on January 29, 2024 and sell it all today you would earn a total of 0.00 from holding Virtus Rampart Enhanced or generate 0.0% return on investment in Virtus Rampart over 60 days. Virtus Rampart is related to or competes with Dodge Cox, American Funds, American Funds, American Mutual, American Mutual, American Mutual, and Vanguard Value. The fund invests in a diversified portfolio of primarily mature high-quality U.S More
Virtus Rampart 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 Rampart'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 Rampart Enhanced upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.648 | |||
Information Ratio | (0.09) | |||
Maximum Drawdown | 3.42 | |||
Value At Risk | (0.94) | |||
Potential Upside | 0.847 |
Virtus Rampart Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virtus Rampart's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Virtus Rampart's standard deviation. In reality, there are many statistical measures that can use Virtus Rampart historical prices to predict the future Virtus Rampart's volatility.Risk Adjusted Performance | 0.0764 | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | (0.08) | |||
Treynor Ratio | 0.0784 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Virtus Rampart'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 Rampart Enhanced Backtested Returns
We consider Virtus Rampart very steady. Virtus Rampart Enhanced owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Virtus Rampart Enhanced, which you can use to evaluate the volatility of the fund. Please validate Virtus Rampart's Risk Adjusted Performance of 0.0764, semi deviation of 0.4912, and Coefficient Of Variation of 733.77 to confirm if the risk estimate we provide is consistent with the expected return of 0.0733%. The entity has a beta of 0.91, which indicates possible diversification benefits within a given portfolio. Virtus Rampart returns are very sensitive to returns on the market. As the market goes up or down, Virtus Rampart is expected to follow.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Virtus Rampart Enhanced has insignificant reverse predictability. Overlapping area represents the amount of predictability between Virtus Rampart time series from 29th of January 2024 to 28th of February 2024 and 28th of February 2024 to 29th of March 2024. 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 Rampart Enhanced price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Virtus Rampart price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.14 | |
Spearman Rank Test | 0.01 | |
Residual Average | 0.0 | |
Price Variance | 0.04 |
Virtus Rampart Enhanced lagged returns against current returns
Autocorrelation, which is Virtus Rampart 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 Rampart's mutual fund expected returns. We can calculate the autocorrelation of Virtus Rampart returns to help us make a trade decision. For example, suppose you find that Virtus Rampart 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 Rampart 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 Rampart mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Virtus Rampart 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 Rampart mutual fund over time.
Current vs Lagged Prices |
Timeline |
Virtus Rampart Lagged Returns
When evaluating Virtus Rampart's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Virtus Rampart mutual fund have on its future price. Virtus Rampart 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 Rampart autocorrelation shows the relationship between Virtus Rampart mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Virtus Rampart Enhanced.
Regressed Prices |
Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Virtus Rampart in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Virtus Rampart's short interest history, or implied volatility extrapolated from Virtus Rampart options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Virtus Rampart Enhanced using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Virtus Rampart Correlation, Virtus Rampart Volatility and Virtus Rampart Alpha and Beta module to complement your research on Virtus Rampart. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Virtus Mutual Fund analysis
When running Virtus Rampart's price analysis, check to measure Virtus Rampart's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Virtus Rampart is operating at the current time. Most of Virtus Rampart's value examination focuses on studying past and present price action to predict the probability of Virtus Rampart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virtus Rampart's price. Additionally, you may evaluate how the addition of Virtus Rampart to your portfolios can decrease your overall portfolio volatility.
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