Virtus Mutual Fund Financials

We advise to exercise Virtus Newfleet fundamental analysis to find out if markets are presently mispricing the entity. In other words this technique allows you to confirm available indicators of Virtus Newfleet Tax- as well as the relationship between them. We were able to analyze twelve available drivers for Virtus Newfleet Tax-Exempt, which can be compared to its competition. Please use Virtus Newfleet three year return, as well as the relationship between the net asset and cash position weight to make a decision on whether Virtus Newfleet Tax- is priced fairly.
With this module, you can analyze Virtus financials for your investing period. You should be able to track the changes in Virtus Newfleet individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Virtus Newfleet Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Virtus Newfleet's financial statements are interrelated, with each one affecting the others. For example, an increase in Virtus Newfleet's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 1
Virtus Newfleet Tax-Exempt has less than 1 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Virtus Newfleet mutual fund is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Virtus Newfleet's official financial statements usually reflect Virtus Newfleet's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Virtus Newfleet Tax-. For example, before you start analyzing numbers published by Virtus accountants, it's critical to develop an understanding of what Virtus Newfleet's liquidity, profitability, and earnings quality are in the context of the Virtus space in which it operates.
Please note that past performance is not an indicator of the future performance of Virtus Newfleet, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost. .

Virtus Newfleet Company Summary

Virtus Newfleet competes with Verizon Communications. The investment seeks a high level of current income that is exempt from federal income tax. Virtus Newfleet is traded on NASDAQ Exchange in the United States.
InstrumentUSA Mutual Fund View All
ExchangeNASDAQ Exchange
Business Address101 Munson Street
Mutual Fund FamilyVirtus
Mutual Fund CategoryMuni National Interm
Phone800 243 1574
CurrencyUSD - US Dollar
You should never invest in Virtus Newfleet without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Virtus Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Virtus Newfleet's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Virtus Newfleet Key Financial Ratios

Generally speaking, Virtus Newfleet's financial ratios allow both analysts and investors to convert raw data from Virtus Newfleet's financial statements into concise, actionable information that can be used to evaluate the performance of Virtus Newfleet over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Virtus Newfleet Tax- reports annually and quarterly.

Virtus Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Virtus Newfleet's current stock value. Our valuation model uses many indicators to compare Virtus Newfleet value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Virtus Newfleet competition to find correlations between indicators driving Virtus Newfleet's intrinsic value. More Info.
Virtus Newfleet Tax-Exempt is rated top fund in net asset among similar funds. It is rated top fund in ten year return among similar funds . The ratio of Net Asset to Ten Year Return for Virtus Newfleet Tax-Exempt is about  35,903,346 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Virtus Newfleet by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Virtus Newfleet's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Virtus Newfleet's earnings, one of the primary drivers of an investment's value.

Virtus Newfleet Tax- Systematic Risk

Virtus Newfleet's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Virtus Newfleet 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 five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on Virtus Newfleet Tax- correlated with the market. If Beta is less than 0 Virtus Newfleet generally moves in the opposite direction as compared to the market. If Virtus Newfleet Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Virtus Newfleet Tax- is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Virtus Newfleet is generally in the same direction as the market. If Beta > 1 Virtus Newfleet moves generally in the same direction as, but more than the movement of the benchmark.

About Virtus Newfleet Financials

What exactly are Virtus Newfleet Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Virtus Newfleet's income statement, its balance sheet, and the statement of cash flows. Potential Virtus Newfleet investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Virtus Newfleet investors may use each financial statement separately, they are all related. The changes in Virtus Newfleet's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Virtus Newfleet's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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 that you should keep in mind 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 year after year 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 Newfleet 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 try and figure out 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 net revenue of Virtus grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown 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.
Virtus Newfleet Tax-Exempt is rated top fund in net asset among similar funds. Total Asset Under Management (AUM) of Muni National Interm category is currently estimated at about 193.16 Million. Virtus Newfleet totals roughly 96.58 Million in net asset claiming about 50% of funds under Muni National Interm category.

Virtus Newfleet July 2, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Virtus Newfleet help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Virtus Newfleet Tax-Exempt. We use our internally-developed statistical techniques to arrive at the intrinsic value of Virtus Newfleet Tax-Exempt based on widely used predictive technical indicators. In general, we focus on analyzing Virtus Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Virtus Newfleet's daily price indicators and compare them against related drivers.
Information Ratio0.5579
Maximum Drawdown1.84
Value At Risk(0.47)
Potential Upside0.2924
Please check Your Equity Center. 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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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.
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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.