Virtus Lifesci Biotech Etf Price on January 3, 2018
| BBC Etf | USD 26.38 0.74 2.73% |
If you're considering investing in Virtus Etf, it is important to understand the factors that can impact its price. As of today, the current price of Virtus LifeSci stands at 26.38, as last reported on the 16th of April 2024, with the highest price reaching 26.91 and the lowest price hitting 26.31 during the day. We consider Virtus LifeSci very steady. Virtus LifeSci Biotech owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0689, which indicates the etf had a 0.0689% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Virtus LifeSci Biotech, which you can use to evaluate the volatility of the etf. Please validate Virtus LifeSci's Coefficient Of Variation of 1451.9, semi deviation of 2.03, and Risk Adjusted Performance of 0.0503 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
Virtus Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Virtus |
Sharpe Ratio = 0.0689
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | BBC | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.19 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Virtus LifeSci is performing at about 5% 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 LifeSci by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
| LTC | Litecoin | |
| STETH | Staked Ether | |
| LINK | Chainlink |
About Virtus LifeSci Etf history
Virtus LifeSci investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Virtus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Virtus LifeSci Biotech will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Virtus LifeSci stock prices may prove useful in developing a viable investing in Virtus LifeSci
Under normal market conditions, the fund will invest not less than 80 percent of its assets in component securities of the index. Virtus Lifesci is traded on NYSEARCA Exchange in the United States.
Virtus LifeSci Etf Technical Analysis
Virtus LifeSci technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Virtus LifeSci Period Price Range
Virtus LifeSci April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Virtus LifeSci etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Virtus LifeSci shares will generate the highest return on investment. By undertsting and applying Virtus LifeSci etf market strength indicators, traders can identify Virtus LifeSci Biotech entry and exit signals to maximize returns
Virtus LifeSci Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Virtus LifeSci's price direction in advance. Along with the technical and fundamental analysis of Virtus Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Virtus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0503 | |||
| Jensen Alpha | 0.141 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0397 | |||
| Treynor Ratio | (28.72) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Virtus LifeSci Biotech. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Virtus LifeSci Biotech information on this page should be used as a complementary analysis to other Virtus LifeSci's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Virtus LifeSci Biotech 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 LifeSci's value that differs from its market value or its book value, called intrinsic value, which is Virtus LifeSci'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 LifeSci's market value can be influenced by many factors that don't directly affect Virtus LifeSci'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 LifeSci's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus LifeSci is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus LifeSci'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.