Virtus High Yield Fund Buy Hold or Sell Recommendation
| PHCIX Fund | USD 3.74 0.01 0.27% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Virtus High Yield is 'Cautious Hold'. Macroaxis provides Virtus High buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PHCIX positions. The advice algorithm takes into account all of Virtus High's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Virtus High's buy or sell advice are summarized below:
Real Value 3.75 | Hype Value 3.74 | Market Value 3.74 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Virtus High Yield given historical horizon and risk tolerance towards Virtus High. When Macroaxis issues a 'buy' or 'sell' recommendation for Virtus High Yield, the advice is generated through an automated system that utilizes algorithms and statistical models.
Virtus |
Execute Virtus High Buy or Sell Advice
The Virtus recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Virtus High Yield. Macroaxis does not own or have any residual interests in Virtus High Yield or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Virtus High's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
Virtus High Trading Alerts and Improvement Suggestions
| The fund maintains about 8.17% of its assets in cash |
Virtus High Returns Distribution Density
The distribution of Virtus High's historical returns is an attempt to chart the uncertainty of Virtus High's future price movements. The chart of the probability distribution of Virtus High daily returns describes the distribution of returns around its average expected value. We use Virtus High Yield price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Virtus High returns is essential to provide solid investment advice for Virtus High.
| Mean Return | 0.02 | Value At Risk | -0.53 | Potential Upside | 0.27 | Standard Deviation | 0.25 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Virtus High historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Virtus High Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Virtus High or Virtus sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Virtus High's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Virtus fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.0082 | |
β | Beta against NYSE Composite | 0.17 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | -0.31 |
Virtus High Volatility Alert
Virtus High Yield exhibits very low volatility with skewness of 0.0 and kurtosis of 1.43. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Virtus High's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Virtus High's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Virtus High Fundamentals Vs Peers
Comparing Virtus High's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Virtus High's direct or indirect competition across all of the common fundamentals between Virtus High and the related equities. This way, we can detect undervalued stocks with similar characteristics as Virtus High or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Virtus High's fundamental indicators could also be used in its relative valuation, which is a method of valuing Virtus High by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Virtus High to competition |
| Fundamentals | Virtus High | Peer Average |
| Price To Book | 4.64 X | 0.74 X |
| Price To Sales | 3.73 X | 0.61 X |
| Annual Yield | 0.01 % | 0.29 % |
| Year To Date Return | 0.43 % | 0.39 % |
| One Year Return | 9.17 % | 4.15 % |
| Three Year Return | 1.68 % | 3.60 % |
| Five Year Return | 4.08 % | 3.24 % |
| Ten Year Return | 5.91 % | 1.79 % |
| Net Asset | 45.77 M | 4.11 B |
| Last Dividend Paid | 0.02 | 0.65 |
| Cash Position Weight | 8.17 % | 10.61 % |
| Equity Positions Weight | 0.41 % | 63.90 % |
| Bond Positions Weight | 11.64 % | 11.24 % |
Virtus High Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Virtus . With many 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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 3.74 | |||
| Day Typical Price | 3.74 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 | |||
| Relative Strength Index | 78.52 |
About Virtus High Buy or Sell Advice
When is the right time to buy or sell Virtus High Yield? Buying financial instruments such as Virtus Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Virtus High 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 Disruptive Technologies Thematic Idea Now
Disruptive Technologies
New or established technology companies and funds across multiple sectors that are involved in development or marketing of products or services that experience disruptive trends and that are at the forefront of discussions on Wall Street. The Disruptive Technologies theme has 63 constituents at this time.
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 Disruptive Technologies Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Virtus High Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.