Virtus LifeSci Financials

BBP Etf  USD 63.14  0.86  1.34%   
Financial data analysis helps to confirm if markets are presently mispricing Virtus LifeSci. We have analyzed twelve available drivers for Virtus LifeSci Biotech, which can be compared to its competition. The etf experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Virtus LifeSci to be traded at $61.25 in 90 days. Key indicators impacting Virtus LifeSci's financial strength include:
Net Expense Ratio
0.0079
3 y Sharp Ratio
0.1
  
The data published in Virtus LifeSci's official financial statements typically reflect Virtus LifeSci's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Virtus LifeSci's quantitative information. For example, before you start analyzing numbers published by Virtus accountants, it's essential to understand Virtus LifeSci's liquidity, profitability, and earnings quality within the context of the Virtus space in which it operates.
Please note, the imprecision that can be found in Virtus LifeSci's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Virtus LifeSci Biotech. Check Virtus LifeSci's Beneish M Score to see the likelihood of Virtus LifeSci's management manipulating its earnings.

Virtus LifeSci Etf Summary

Virtus LifeSci competes with Invesco DWA, Invesco DWA, Invesco DWA, and Invesco DWA. 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.
InstrumentUSA Etf View All
ExchangeNYSE ARCA Exchange
ISINUS26923G2021
CUSIP26923G202
RegionNorth America
Investment IssuerVirtus
Etf FamilyVirtus
Fund CategorySector
Portfolio ConcentrationHealth Care
BenchmarkDow Jones Industrial
PhoneNA
CurrencyUSD - US Dollar

Virtus LifeSci Key Financial Ratios

Virtus LifeSci's financial ratios allow both analysts and investors to convert raw data from Virtus LifeSci's financial statements into concise, actionable information that can be used to evaluate the performance of Virtus LifeSci over time and compare it to other companies across industries.

Virtus Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Virtus LifeSci's current stock value. Our valuation model uses many indicators to compare Virtus LifeSci value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Virtus LifeSci competition to find correlations between indicators driving Virtus LifeSci's intrinsic value. More Info.
Virtus LifeSci Biotech is the top ETF in price to earning as compared to similar ETFs. It also is the top ETF in price to book as compared to similar ETFs fabricating about  0.09  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Virtus LifeSci Biotech is roughly  10.86 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Virtus LifeSci by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Virtus LifeSci Biotech Systematic Risk

Virtus LifeSci's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Virtus LifeSci volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fifty with a total number of output elements of eleven. The Beta measures systematic risk based on how returns on Virtus LifeSci Biotech correlated with the market. If Beta is less than 0 Virtus LifeSci generally moves in the opposite direction as compared to the market. If Virtus LifeSci Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Virtus LifeSci Biotech is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Virtus LifeSci is generally in the same direction as the market. If Beta > 1 Virtus LifeSci moves generally in the same direction as, but more than the movement of the benchmark.

Steps to analyze company Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Virtus LifeSci is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Virtus has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Virtus LifeSci's financials are consistent with your investment objective using the following steps:
  • Review Virtus LifeSci's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Virtus LifeSci's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Virtus LifeSci's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Virtus LifeSci's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Virtus LifeSci Thematic Clasifications

Virtus LifeSci Biotech is part of several thematic ideas from Health Care ETFs to Sector ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas

Virtus LifeSci July 24, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Virtus LifeSci help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Virtus LifeSci Biotech. We use our internally-developed statistical techniques to arrive at the intrinsic value of Virtus LifeSci Biotech based on widely used predictive technical indicators. In general, we focus on analyzing Virtus Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Virtus LifeSci's daily price indicators and compare them against related drivers.

Additional Information and Resources on Investing in Virtus Etf

When determining whether Virtus LifeSci Biotech is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Virtus Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Virtus Lifesci Biotech Etf. Highlighted below are key reports to facilitate an investment decision about Virtus Lifesci Biotech Etf:
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 closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.