Virtus Tax Exempt Bond Fund Price on September 30, 2020
| PXCZX Fund | USD 10.23 0.01 0.1% |
Below is the normalized historical share price chart for Virtus Tax Exempt Bond extending back to June 27, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Virtus Tax-exempt stands at 10.23, as last reported on the 16th of April 2024, with the highest price reaching 10.23 and the lowest price hitting 10.23 during the day.
If you're considering investing in Virtus Mutual Fund, it is important to understand the factors that can impact its price. Virtus Tax Exempt owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0417, which indicates the fund had a -0.0417% return per unit of risk over the last 3 months. Virtus Tax Exempt Bond exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Virtus Tax-exempt's Coefficient Of Variation of (1,259), risk adjusted performance of (0.08), and Variance of 0.0217 to confirm the risk estimate we provide.
Virtus Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Virtus |
Sharpe Ratio = -0.0417
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| Negative Returns | PXCZX |
Estimated Market Risk
| 0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Virtus Tax-exempt is not performing at its full potential. However, 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 Tax-exempt by adding Virtus Tax-exempt to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
| LTC | Litecoin | |
| STETH | Staked Ether | |
| LINK | Chainlink |
About Virtus Tax-exempt Mutual Fund history
Virtus Tax-exempt 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 Tax Exempt 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 Tax-exempt stock prices may prove useful in developing a viable investing in Virtus Tax-exempt
The fund seeks to generate current income exempt from federal income taxes by investing in a diversified portfolio with municipal bonds of varying maturities. The management team focuses on higher quality tax-exempt municipal bonds, gauging the value of a security by issue type, credit quality, and bond structure. Under normal circumstances, as a matter of fundamental policy, it invests at least 80 percent of its assets in municipal bonds, the income from which is exempt from federal income taxes.
Virtus Tax-exempt Mutual Fund Technical Analysis
Virtus Tax-exempt 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 Tax-exempt Period Price Range
Virtus Tax-exempt April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Virtus Tax-exempt 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 Tax-exempt shares will generate the highest return on investment. By undertsting and applying Virtus Tax-exempt mutual fund market strength indicators, traders can identify Virtus Tax Exempt Bond entry and exit signals to maximize returns
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 10.23 | |||
| Day Typical Price | 10.23 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
Virtus Tax-exempt Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Virtus Tax-exempt'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 | (0.08) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.35) |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Virtus Tax Exempt Bond. 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 nation. Note that the Virtus Tax Exempt information on this page should be used as a complementary analysis to other Virtus Tax-exempt'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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.