Virtus Allianzgi Health Fund Price on December 17, 2020
| AAAEX Fund | USD 30.07 0.16 0.53% |
If you're considering investing in Virtus Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Virtus Allianzgi stands at 30.07, as last reported on the 23rd of April, with the highest price reaching 30.07 and the lowest price hitting 30.07 during the day. We consider Virtus Allianzgi very steady. Virtus Allianzgi Health owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0317, which indicates the fund had a 0.0317% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Virtus Allianzgi Health, which you can use to evaluate the volatility of the fund. Please validate Virtus Allianzgi's Semi Deviation of 0.7173, risk adjusted performance of 0.022, and Coefficient Of Variation of 3094.8 to confirm if the risk estimate we provide is consistent with the expected return of 0.0253%.
Virtus Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Virtus |
Sharpe Ratio = 0.0317
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Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Virtus Allianzgi is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Virtus Allianzgi by adding it to a well-diversified portfolio.
Virtus Allianzgi Valuation on December 17, 2020
It is possible to determine the worth of Virtus Allianzgi on a given historical date. On December 17, 2020 Virtus was worth 34.74 at the beginning of the trading date compared to the closed value of 31.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Virtus Allianzgi mutual fund. Still, in general, we apply an absolute valuation method to find Virtus Allianzgi's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Virtus Allianzgi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Virtus Allianzgi's related companies.
| Open | High | Low | Close | Volume | |
04/07/2022 | 34.74 | 34.74 | 31.78 | 31.78 | 1.00 |
| 34.86 | 34.86 | 31.89 | 31.89 | 1.00 |
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Virtus Allianzgi Trading Date Momentum on December 17, 2020
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Virtus Allianzgi Health Fundamentals Correlations and Trends
By evaluating Virtus Allianzgi's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Virtus Allianzgi's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Virtus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Virtus Allianzgi Mutual Fund history
Virtus Allianzgi investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Virtus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Virtus Allianzgi Health will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Virtus Allianzgi stock prices may prove useful in developing a viable investing in Virtus Allianzgi
The fund seeks to achieve its objective by normally investing at least 80 percent of its net assets in health sciences-related companies. The portfolio manager considers health sciences-related companies to include companies that design, manufacture or sell products or services used for or in connection with healthcare, medicine or life sciences. The fund will invest primarily in common stocks and other equity securities.
Virtus Allianzgi Mutual Fund Technical Analysis
Virtus Allianzgi technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Virtus Allianzgi Period Price Range
Low | April 7, 2022
| High |
34.74 | 31.78 |
Virtus Allianzgi April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Virtus Allianzgi mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Virtus Allianzgi shares will generate the highest return on investment. By undertsting and applying Virtus Allianzgi mutual fund market strength indicators, traders can identify Virtus Allianzgi Health entry and exit signals to maximize returns
Virtus Allianzgi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Virtus Allianzgi's price direction in advance. Along with the technical and fundamental analysis of Virtus Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Virtus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.022 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0162 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Virtus Allianzgi Health. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Virtus Allianzgi Health information on this page should be used as a complementary analysis to other Virtus Allianzgi'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 the FinTech Suite module to use AI to screen and filter profitable investment opportunities.