Virtus Real Asset Etf Technical Analysis
| VRAI Etf | USD 23.56 0.06 0.25% |
As of the 25th of April, Virtus Real has the Semi Deviation of 0.8294, risk adjusted performance of 0.06, and Coefficient Of Variation of 1086.15. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Virtus Real Asset, as well as the relationship between them. In other words, you can use this information to find out if the etf will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Virtus Real Asset, which can be compared to its competition. Please validate Virtus Real Asset jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Virtus Real is priced more or less accurately, providing market reflects its prevalent price of 23.56 per share.
Virtus Real Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Virtus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VirtusVirtus |
Virtus Real 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.
Virtus Real Asset Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Virtus Real Asset volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Virtus Real Asset Trend Analysis
Use this graph to draw trend lines for Virtus Real Asset. You can use it to identify possible trend reversals for Virtus Real as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Virtus Real price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Virtus Real Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Virtus Real Asset applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Virtus Real Asset will continue generating value for investors. It has 122 observation points and a regression sum of squares at 25.98, which is the sum of squared deviations for the predicted Virtus Real price change compared to its average price change.About Virtus Real Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Virtus Real Asset on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Virtus Real Asset based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Virtus Real Asset price pattern first instead of the macroeconomic environment surrounding Virtus Real Asset. By analyzing Virtus Real's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Virtus Real's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Virtus Real specific price patterns or momentum indicators. Please read more on our technical analysis page.
Virtus Real April 25, 2024 Technical Indicators
Most technical analysis of Virtus help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Virtus from various momentum indicators to cycle indicators. When you analyze Virtus charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.06 | |||
| Market Risk Adjusted Performance | 0.0747 | |||
| Mean Deviation | 0.6229 | |||
| Semi Deviation | 0.8294 | |||
| Downside Deviation | 0.9631 | |||
| Coefficient Of Variation | 1086.15 | |||
| Standard Deviation | 0.8373 | |||
| Variance | 0.701 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0647 | |||
| Maximum Drawdown | 4.44 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 1.29 | |||
| Downside Variance | 0.9275 | |||
| Semi Variance | 0.688 | |||
| Expected Short fall | (0.62) | |||
| Skewness | (0.29) | |||
| Kurtosis | 0.7173 |
Virtus Real Asset One Year Return
Based on the recorded statements, Virtus Real Asset has an One Year Return of 3.8%. This is 135.12% lower than that of the Virtus family and significantly higher than that of the Mid-Cap Value category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Virtus Real April 25, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Virtus stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.24 | ||
| Daily Balance Of Power | (6.00) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 23.57 | ||
| Day Typical Price | 23.56 | ||
| Price Action Indicator | (0.04) |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virtus Real Asset. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Virtus Real Asset information on this page should be used as a complementary analysis to other Virtus Real'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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of Virtus Real Asset 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 Real's value that differs from its market value or its book value, called intrinsic value, which is Virtus Real'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 Real's market value can be influenced by many factors that don't directly affect Virtus Real'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 Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus Real'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.