Virtus Global Multi Sector Fund Price on April 12, 2024
| XVGIX Fund | USD 8.50 0.05 0.59% |
Below is the normalized historical share price chart for Virtus Global Multi Sector extending back to February 24, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Virtus Global stands at 8.50, as last reported on the 17th of May 2024, with the highest price reaching 8.50 and the lowest price hitting 8.50 during the day.
If you're considering investing in Virtus Mutual Fund, it is important to understand the factors that can impact its price. Virtus Global Multi owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.016, which indicates the fund had a -0.016% return per unit of risk over the last 3 months. Virtus Global Multi Sector exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Virtus Global's Risk Adjusted Performance of (0.02), variance of 0.1768, and Coefficient Of Variation of (4,298) to confirm the risk estimate we provide.
Virtus Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Virtus |
Sharpe Ratio = -0.016
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| Negative Returns | XVGIX |
Estimated Market Risk
| 0.42 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Virtus Global is not performing at its full potential. However, 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 Global by adding Virtus Global to a well-diversified portfolio.
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Virtus Global Valuation on April 12, 2024
It is possible to determine the worth of Virtus Global on a given historical date. On April 12, 2024 Virtus was worth 8.45 at the beginning of the trading date compared to the closed value of 8.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Virtus Global mutual fund. Still, in general, we apply an absolute valuation method to find Virtus Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Virtus Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Virtus Global's related companies.
| Open | High | Low | Close | Volume | |
| 8.45 | 8.45 | 8.45 | 8.45 | 1.00 | |
04/12/2024 | 8.45 | 8.45 | 8.45 | 8.45 | 1.00 |
| 8.38 | 8.38 | 8.38 | 8.38 | 1.00 |
| Backtest Virtus Global | | | Virtus Global History | Previous | Next |
Virtus Global Trading Date Momentum on April 12, 2024
| On April 15 2024 Virtus Global Multi Sector was traded for 8.38 at the closing time. The highest daily price throughout the period was 8.38 and the lowest price was 8.38 . There was no trading activity during the period 1.0. Lack of trading volume on 04/15/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.83% . The trading price change to current closing price is 0.71% . |
About Virtus Global Mutual Fund history
Virtus Global 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 Global Multi 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 Global stock prices may prove useful in developing a viable investing in Virtus Global
Virtus Global Mutual Fund Technical Analysis
Virtus Global technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Virtus Global Period Price Range
Low | April 12, 2024
| High |
8.45 | 8.45 |
Virtus Global May 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Virtus Global mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Virtus Global shares will generate the highest return on investment. By undertsting and applying Virtus Global mutual fund market strength indicators, traders can identify Virtus Global Multi Sector entry and exit signals to maximize returns
Virtus Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Virtus Global's price direction in advance. Along with the technical and fundamental analysis of Virtus Mutual Fund 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 | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.21) |
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| Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Virtus Global Multi Sector. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Please note, there is a significant difference between Virtus Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus Global'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.