Virtus One Year Return

PXCZX -  USA Fund  

USD 11.21  0.01  0.09%

Virtus Newfleet Tax-Exempt fundamentals help investors to digest information that contributes to Virtus Newfleet's financial success or failures. It also enables traders to predict the movement of Virtus Mutual Fund. This fundamental analysis module provides a way for investors to measures Virtus Newfleet's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Virtus Newfleet mutual fund. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Virtus One Year Return 

 
Refresh

Virtus One Year Return Analysis

Virtus Newfleet's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
One Year Return 
 = 
(Mean of Monthly Returns - 1) 
X  
100% 
More About One Year Return | All Equity Analysis

Current Virtus Newfleet One Year Return

    
  2.03 %  
Most of Virtus Newfleet's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Virtus Newfleet Tax-Exempt is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Compare to competition

Virtus Newfleet One Year Return Component Assessment

Based on the recorded statements, Virtus Newfleet Tax-Exempt has an One Year Return of 2.03%. This is 77.57% lower than that of the Virtus family and significantly higher than that of the Muni National Interm category. The one year return for all United States funds is notably lower than that of the firm.

Virtus One Year Return Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Virtus Newfleet's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Virtus Newfleet could also be used in its relative valuation, which is a method of valuing Virtus Newfleet by comparing valuation metrics of similar companies.
Virtus Newfleet is currently under evaluation in one year return among similar funds.

Fund Asset Allocation for Virtus Newfleet

The fund consists of 98.66% investments in fixed income securities, with the rest of funds allocated in cash.
 Value 
      Instrument Type 

Virtus Fundamentals

About Virtus Newfleet Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Virtus Newfleet Tax-Exempt's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Virtus Newfleet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Virtus Newfleet Tax-Exempt based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
The investment seeks a high level of current income that is exempt from federal income tax. Virtus Newfleet is traded on NASDAQ Exchange in the United States.

Virtus Newfleet Investors Sentiment

The influence of Virtus Newfleet's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Virtus. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Virtus Newfleet in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Virtus Newfleet's short interest history, or implied volatility extrapolated from Virtus Newfleet options trading.

Current Sentiment - PXCZX

Virtus Newfleet Tax- Investor Sentiment

Macroaxis portfolio users are evenly split in their perspective on investing in Virtus Newfleet Tax-Exempt. What is your outlook on investing in Virtus Newfleet Tax-Exempt? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

Currently Active Assets on Macroaxis

Please check Virtus Newfleet Piotroski F Score and Virtus Newfleet Altman Z Score analysis. 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Virtus Mutual Fund analysis

When running Virtus Newfleet Tax- price analysis, check to measure Virtus Newfleet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Virtus Newfleet is operating at the current time. Most of Virtus Newfleet's value examination focuses on studying past and present price action to predict the probability of Virtus Newfleet's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Virtus Newfleet's price. Additionally, you may evaluate how the addition of Virtus Newfleet to your portfolios can decrease your overall portfolio volatility.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
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.