Virtus Lifesci Biotech Etf Performance
| BBP Etf | USD 64.26 0.18 0.28% |
The entity has a beta of 0.72, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Virtus LifeSci's returns are expected to increase less than the market. However, during the bear market, the loss of holding Virtus LifeSci is expected to be smaller as well.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Virtus LifeSci Biotech are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. Even with relatively unsteady fundamental drivers, Virtus LifeSci reported solid returns over the last few months and may actually be approaching a breakup point. ...more
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| In Threey Sharp Ratio | 0.10 |
Virtus |
Virtus LifeSci Relative Risk vs. Return Landscape
If you would invest 5,345 in Virtus LifeSci Biotech on April 27, 2024 and sell it today you would earn a total of 1,081 from holding Virtus LifeSci Biotech or generate 20.22% return on investment over 90 days. Virtus LifeSci Biotech is generating 0.305% of daily returns assuming volatility of 1.235% on return distribution over 90 days investment horizon. In other words, 10% of etfs are less volatile than Virtus, and above 94% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Virtus LifeSci Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virtus LifeSci's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Virtus LifeSci Biotech, and traders can use it to determine the average amount a Virtus LifeSci'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 = 0.247
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Estimated Market Risk
| 1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Virtus LifeSci is performing at about 19% 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 LifeSci by adding it to a well-diversified portfolio.
Virtus LifeSci Fundamentals Growth
Virtus Etf prices reflect investors' perceptions of the future prospects and financial health of Virtus LifeSci, and Virtus LifeSci 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 Etf performance.
| Price To Earning | 18.03 X | |||
| Price To Book | 1.66 X | |||
| Price To Sales | 5.60 X | |||
| Total Asset | 15.87 M | |||
About Virtus LifeSci Performance
Assessing Virtus LifeSci's fundamental ratios provides investors with valuable insights into Virtus LifeSci's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Virtus LifeSci is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal market conditions, the fund will invest not less than 80 percent of its assets in component securities of the index. Virtus Lifesci is traded on NYSEARCA Exchange in the United States.| The fund holds 98.73% of its assets under management (AUM) in equities |
Additional Information and Resources on Investing in Virtus Etf
When determining whether Virtus LifeSci Biotech is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Virtus Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Virtus Lifesci Biotech Etf. Highlighted below are key reports to facilitate an investment decision about Virtus Lifesci Biotech Etf:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Virtus LifeSci Biotech. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of Virtus LifeSci Biotech is measured differently than its book value, which is the value of Virtus that is recorded on the company's balance sheet. Investors also form their own opinion of Virtus LifeSci's value that differs from its market value or its book value, called intrinsic value, which is Virtus LifeSci's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Virtus LifeSci's market value can be influenced by many factors that don't directly affect Virtus LifeSci's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Virtus LifeSci's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus LifeSci is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus LifeSci'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.