Virtus Mutual Fund Buy Hold or Sell Recommendation

PXCZX -  USA Fund  

USD 11.37  0.01  0.09%

Assuming the 90 days horizon and your typical level of risk aversion, our recommendation regarding Virtus Newfleet Tax-Exempt is 'Cautious Hold'. Macroaxis provides Virtus Newfleet buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PXCZX positions. The advice algorithm takes into account all of Virtus Newfleet's available fundamental, technical, and predictive indicators you will find on this site.

Virtus Advice 

 
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The advice is provided from Virtus Newfleet's buy-and-hold perspective. Please check Virtus Newfleet 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. We conduct extensive research on individual funds such as Virtus and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Virtus Newfleet Tax-Exempt.

Execute Virtus Newfleet 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 Newfleet Tax-Exempt. Macroaxis does not own or have any residual interests in Virtus Newfleet Tax-Exempt or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Virtus Newfleet's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Virtus NewfleetBuy Virtus Newfleet
Cautious Hold

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Very SmallDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Virtus Newfleet Tax-Exempt has a Mean Deviation of 0.054, Standard Deviation of 0.0754 and Variance of 0.0057
Our advice tool can cross-verify current analyst consensus on Virtus Newfleet and to analyze the entity potential to grow in the current economic cycle. Please use Virtus Newfleet Tax- three year return, as well as the relationship between the net asset and cash position weight to make buy, hold, or sell decision on Virtus Newfleet.

Virtus Newfleet Trading Alerts and Improvement Suggestions

Virtus Newfleet Tax- generated a negative expected return over the last 90 days
Virtus Newfleet Tax- is unlikely to experience financial distress in the next 2 years
The fund maintains about 98.6% of its assets in bonds

Virtus Newfleet Returns Distribution Density

The distribution of Virtus Newfleet's historical returns is an attempt to chart the future uncertainty of Virtus Newfleet's future price movements. The chart of the probability distribution of Virtus Newfleet stock daily returns describes the distribution of returns around its average expected value. We use Virtus Newfleet Tax-Exempt price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Virtus Newfleet returns is essential to provide solid investment advice for Virtus Newfleet stock.
Mean Return-0.01Value At Risk-0.09
Potential Upside0.09Standard Deviation0.08
 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 Newfleet 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 Newfleet 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 Newfleet 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 Newfleet stock's price will be affected by overall stock 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 stock'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 DOW
-0.02
β
Beta against DOW-0.02
σ
Overall volatility
0.08
Ir
Information ratio 0.22

Virtus Newfleet Volatility Alert

Virtus Newfleet Tax-Exempt exhibits very low volatility with skewness of -0.18 and kurtosis of 1.46. However, we advise investors to further study Virtus Newfleet Tax-Exempt technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Virtus Newfleet's mutual fund risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Virtus Newfleet'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 stocks as prices fall.

Virtus Newfleet Implied Volatility

Virtus Newfleet's implied volatility exposes the market's sentiment of Virtus Newfleet Tax-Exempt stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Virtus Newfleet's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Virtus Newfleet stock will not fluctuate a lot when Virtus Newfleet's options are near their expiration.

Virtus Newfleet Fundamentals Vs Peers

Comparing Virtus Newfleet'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 Newfleet's direct or indirect competition across all of the common fundamentals between Virtus Newfleet and the related equities. This way, we can detect undervalued stocks with similar characteristics as Virtus Newfleet or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Virtus Newfleet's fundamental indicators could also be used in its relative valuation, which is a method of valuing Virtus Newfleet by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Virtus Newfleet to competition
FundamentalsVirtus NewfleetPeer Average
One Year Return2.03 %4.15 %
Three Year Return2.04 %3.60 %
Five Year Return2.01 %3.24 %
Ten Year Return2.69 %1.79 %
Net Asset107.57 M4.11 B
Minimum Initial Investment2.5 K976.16 K
Last Dividend Paid0.010.65
Cash Position Weight1.40 %10.61 %
Bond Positions Weight98.60 %11.24 %

About Virtus Newfleet Buy or Sell Advice

When is the right time to buy or sell Virtus Newfleet Tax-Exempt? 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 stock 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. Although Virtus Newfleet investors may find it confusing at the beginning, 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 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 Consumer Goods Thematic Idea Now

Consumer Goods
Consumer Goods Theme
Fama and French focuses on testing asset pricing under different economic assumptions. Consumer Goods theme has 61 constituents.
View All  Next Launch Consumer Goods
Please check Virtus Newfleet 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. 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 CEO Directory module to screen CEOs from public companies around the world.

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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.