Virtus Newfleet Competition

Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Virtus Newfleet's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Virtus Newfleet in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
10.0510.2210.39
Details
Intrinsic
Valuation
LowReal ValueHigh
10.1410.3110.48
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Virtus Newfleet. Your research has to be compared to or analyzed against Virtus Newfleet's peers to derive any actionable benefits. When done correctly, Virtus Newfleet's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Virtus Newfleet Tax-.

Virtus Newfleet Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Virtus Newfleet and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Virtus and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Virtus Newfleet Tax- does not affect the price movement of the other competitor.
VWITX
AFTEX
TEAFX
AFTFX
TEBCX
TFEBX
VTEAX
BNMLX
MDNLX
VWITX
1.01.01.01.01.01.00.990.99
VWITX
AFTEX
1.01.01.01.01.01.01.01.0
AFTEX
TEAFX
1.01.01.01.01.01.01.01.0
TEAFX
AFTFX
1.01.01.01.01.01.01.01.0
AFTFX
TEBCX
1.01.01.01.01.01.01.01.0
TEBCX
TFEBX
1.01.01.01.01.01.01.01.0
TFEBX
VTEAX
1.01.01.01.01.01.01.00.99
VTEAX
BNMLX
0.991.01.01.01.01.01.01.0
BNMLX
MDNLX
0.991.01.01.01.01.00.991.0
MDNLX
VWITX
AFTEX
TEAFX
AFTFX
TEBCX
TFEBX
VTEAX
BNMLX
MDNLX
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Virtus Newfleet Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Virtus Newfleet stock performing well and Virtus Newfleet Mutual Fund doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Virtus Newfleet's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
VWITX 0.12 (0.11)  0.00  4.97  0.00 (0.09)  0.00  0.21 (0.43)  0.81 
AFTEX 0.14 (0.13)  0.00  6.96  0.00 (0.21)  0.00  0.16 (0.41)  1.04 
TEAFX 0.14 (0.13)  0.00  6.96  0.00 (0.21)  0.00  0.16 (0.41)  1.04 
AFTFX 0.13 (0.14)  0.00  8.65  0.00 (0.22)  0.00  0.16 (0.41)  0.96 
TEBCX 0.13 (0.14)  0.00  7.21  0.00 (0.24)  0.00  0.16 (0.41)  0.88 
TFEBX 0.14 (0.13)  0.00  6.39  0.00 (0.20)  0.00  0.23 (0.41)  0.96 
VTEAX 0.13 (0.12)  0.00  23.24  0.00 (0.15)  0.00  0.15 (0.43)  0.83 
BNMLX 0.16 (0.16)  0.00 (45.72)  0.00 (0.32)  0.00  0.10 (0.49)  1.04 
MDNLX 0.15 (0.16)  0.00  12.26  0.00 (0.33)  0.00  0.19 (0.46)  1.05 

Virtus Newfleet Competitive Analysis

The better you understand Virtus Newfleet competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Virtus Newfleet's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Virtus Newfleet's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
PXCZXVWITXAFTEXTEAFXAFTFXTEBCXTFEBXVTEAXBNMLXMDNLX
 0.29 
 10.22 
Virtus
 0.30 
 13.30 
Vanguard
 0.50 
 12.11 
American
 0.50 
 12.11 
American
 0.50 
 12.11 
American
 0.50 
 12.11 
American
 0.50 
 12.11 
Tax-Exempt
 0.05 
 19.74 
Vanguard
 0.60 
 9.99 
Blackrock
 0.60 
 9.99 
Blackrock
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Stock Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cash Position Weight
Three Year Return
Net Asset
Minimum Initial Investment
Five Year Return
One Year Return
Last Dividend Paid
Bond Positions Weight
Ten Year Return
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Virtus Newfleet Competition Performance Charts

Complement your Virtus Newfleet position

In addition to having Virtus Newfleet in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Marijuana Thematic Idea Now

Marijuana
Marijuana Theme
Small and mid-cap equities that are involved in production and delivery of Marijuana products. This theme is designed for investors that are willing to accept higher levels of market risk inherited by Marijuana production in the United States. The Marijuana theme has 42 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Marijuana Theme or any other thematic opportunities.
View All  Next Launch Marijuana
Please check Virtus Newfleet Correlation with its peers. Note that the Virtus Newfleet Tax- information on this page should be used as a complementary analysis to other Virtus Newfleet'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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Virtus Mutual Fund analysis

When running Virtus Newfleet Tax- price analysis, check to measure Virtus Newfleet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Virtus Newfleet is operating at the current time. Most of Virtus Newfleet's value examination focuses on studying past and present price action to predict the probability of Virtus Newfleet's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Virtus Newfleet's price. Additionally, you may evaluate how the addition of Virtus Newfleet to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Please note, there is a significant difference between Virtus Newfleet's value and its price as these two are different measures arrived at by different means. Investors typically determine Virtus Newfleet value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus Newfleet'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.
PXCZX -  USA Fund  

USD 10.22  0.03  0.29%

Virtus Newfleet Tax- competes with Vanguard Intermediate, American Fds, American Fds, American Fds, and American Fds; as well as few others. The fund is listed under Muni National Interm category and is part of Virtus family. Analyzing Virtus Newfleet competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Virtus Newfleet to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Virtus Newfleet competition on your existing holdings. Please check Virtus Newfleet Correlation with its peers.
  
Refresh