Virtus Emerging Markets Fund Manager Performance Evaluation
| PICEX Fund | USD 6.29 0.04 0.64% |
The entity has a beta of 0.77, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Virtus Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Virtus Emerging is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Virtus Emerging Markets has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong technical and fundamental indicators, Virtus Emerging is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 27th of January 2023 | |
| Expense Ratio | 2.2300 |
Virtus |
Virtus Emerging Relative Risk vs. Return Landscape
If you would invest 656.00 in Virtus Emerging Markets on January 25, 2024 and sell it today you would lose (27.00) from holding Virtus Emerging Markets or give up 4.12% of portfolio value over 90 days. Virtus Emerging Markets is currently producing negative expected returns and takes up 0.8713% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Virtus, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Virtus Emerging Current Valuation
Fairly Valued
Today
Please note that Virtus Emerging's price fluctuation is not too volatile at this time. At this time, the fund appears to be fairly valued. Virtus Emerging Markets has a current Real Value of $6.29 per share. The regular price of the fund is $6.29. We determine the value of Virtus Emerging Markets from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Our valuation method for Virtus Emerging Markets is useful when determining the fair value of the Virtus mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Virtus Emerging. Since Virtus Emerging is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Virtus Mutual Fund. However, Virtus Emerging's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 6.29 | Real 6.29 | Hype 6.25 |
The real value of Virtus Mutual Fund, also known as its intrinsic value, is the underlying worth of Virtus Emerging Markets Mutual Fund, which is reflected in its stock price. It is based on Virtus Emerging's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Virtus Emerging's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Virtus Emerging's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Virtus Emerging Markets helps investors to forecast how Virtus mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Virtus Emerging more accurately as focusing exclusively on Virtus Emerging's fundamentals will not take into account other important factors: Virtus Emerging Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virtus Emerging's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Virtus Emerging Markets, and traders can use it to determine the average amount a Virtus Emerging's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0722
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| Negative Returns | PICEX |
Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Virtus Emerging 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 Emerging by adding Virtus Emerging to a well-diversified portfolio.
Virtus Emerging Fundamentals Growth
Virtus Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Virtus Emerging, and Virtus Emerging fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Virtus Mutual Fund performance.
| Price To Earning | 23.06 X | |||
| Price To Book | 4.29 X | |||
| Price To Sales | 3.54 X | |||
| Total Asset | 20.76 M | |||
About Virtus Emerging Performance
To evaluate Virtus Emerging Markets Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Virtus Emerging generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Virtus Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Virtus Emerging Markets market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Virtus's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund offers investors exposure to emerging economies through well-established companies. Under normal circumstances, it invests at least 80 percent of its assets in equity securities or equity-linked instruments of issuers located in emerging markets countries such issuers may be of any capitalization. Emerging markets countries generally include every nation in the world except the U.S., Canada, Japan, Australia, New Zealand and most nations located in Western Europe.Things to note about Virtus Emerging Markets performance evaluation
Checking the ongoing alerts about Virtus Emerging for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Virtus Emerging Markets help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Virtus Emerging generated a negative expected return over the last 90 days | |
| Virtus Emerging Markets generated five year return of -6.0% | |
| This fund maintains 97.72% of its assets in stocks |
- Analyzing Virtus Emerging's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Virtus Emerging's stock is overvalued or undervalued compared to its peers.
- Examining Virtus Emerging's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Virtus Emerging's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Virtus Emerging's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Virtus Emerging's mutual fund. These opinions can provide insight into Virtus Emerging's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Virtus Emerging Markets. 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 Emerging Markets information on this page should be used as a complementary analysis to other Virtus Emerging'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.