Virtus Total Asset

PXCZX -  USA Fund  

USD 10.22  0.03  0.29%

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.
  
Refresh

Virtus Total Asset Analysis

Virtus Newfleet's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Total Asset 
 = 
Tangible Assets 
Intangible Assets 
More About Total Asset | All Equity Analysis

Current Virtus Newfleet Total Asset

    
  96.58 M  
Most of Virtus Newfleet's fundamental indicators, such as Total Asset, 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.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Compare to competition

Virtus Newfleet Total Asset Component Assessment

Based on the latest financial disclosure, Virtus Newfleet Tax-Exempt has a Total Asset of 96.58 M. This is much higher than that of the Virtus family and significantly higher than that of the Muni National Interm category. The total asset for all United States funds is notably lower than that of the firm.

Virtus Total Asset 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 Total Asset 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 total asset among similar funds.

Fund Asset Allocation for Virtus Newfleet

The fund consists of 96.75% 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
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.