Virtus Global Multi Sector Fund Technical Analysis
| XVGIX Fund | USD 8.45 0.04 0.47% |
As of the 16th of April 2024, Virtus Global has the Risk Adjusted Performance of (0.06), variance of 0.163, and Coefficient Of Variation of (1,166). Our technical analysis interface makes it possible for you to check existing technical drivers of Virtus Global Multi, as well as the relationship between them. In other words, you can use this information to find out if the fund will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to collect and analyze data for thirteen technical drivers for Virtus Global Multi Sector, which can be compared to its competition. Please validate Virtus Global Multi market risk adjusted performance and treynor ratio to decide if Virtus Global is priced more or less accurately, providing market reflects its prevalent price of 8.45 per share.
Virtus Global 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 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.
Virtus Global Multi Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Global Multi volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Virtus Global Multi Trend Analysis
Use this graph to draw trend lines for Virtus Global Multi Sector. You can use it to identify possible trend reversals for Virtus Global 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 Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Virtus Global Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Virtus Global Multi Sector applied against its price change over selected period. The best fit line has a slop of 0.0005 , which may suggest that Virtus Global Multi Sector market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Virtus Global price change compared to its average price change.About Virtus Global 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 Global Multi Sector 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 Global Multi Sector based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Virtus Global Multi price pattern first instead of the macroeconomic environment surrounding Virtus Global Multi. By analyzing Virtus Global'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 Global'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 Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
Virtus Global April 16, 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 | (4.16) | |||
| Mean Deviation | 0.2811 | |||
| Coefficient Of Variation | (1,166) | |||
| Standard Deviation | 0.4037 | |||
| Variance | 0.163 | |||
| Information Ratio | (0.24) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (4.17) | |||
| Maximum Drawdown | 2.32 | |||
| Value At Risk | (0.70) | |||
| Potential Upside | 0.4614 | |||
| Skewness | (1.77) | |||
| Kurtosis | 4.78 |
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.