We consider Virtus Ceredex not too risky. Virtus Ceredex Large
owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.1545 which indicates Virtus Ceredex Large
had 0.1545% of return per unit of risk over the last 1 month. Our philosophy towards measuring volatility of a fund is to use all available market data together with fund specific technical indicators
that cannot be diversified away. We have found twenty technical indicators
for Virtus Ceredex Large Cap Value Equity C which you can use to evaluate future volatility of the fund. Please validate Virtus Ceredex Downside Deviation
of 0.3068, Standard Deviation
of 0.3761 and Risk Adjusted Performance
of 0.0756 to confirm if risk estimate we provide are consistent with the epected return of 0.0572%. The entity has beta of 0.8683 which indicates Virtus Ceredex returns are very sensitive to returns on the market. as market goes up or down, Virtus Ceredex is expected to follow.. Although it is extremely important to respect Virtus Ceredex Large
current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By inspecting Virtus Ceredex Large technical indicators
you can presently evaluate if the expected return of 0.0572% will be sustainable into the future.
|15 days auto-correlation|| 0.04 |
Virtually no predictability
Virtus Ceredex Large Cap Value Equity C has virtually no predictability. Overlapping area represents the amount of predictability between Virtus Ceredex time series from August 20, 2018 to September 4, 2018 and September 4, 2018 to September 19, 2018. 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 Ceredex Large price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Virtus Ceredex price fluctuation can be explain by its past prices.
|Spearman Rank Test||-0.02|