Virtus Convertible Fund Momentum Indicators Average Directional Movement Index Rating

VAADX Fund  USD 32.38  0.17  0.52%   
Virtus Convertible momentum indicators tool provides the execution environment for running the Average Directional Movement Index Rating indicator and other technical functions against Virtus Convertible. Virtus Convertible value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index Rating indicator function is designed to identify and follow existing trends. Momentum indicators of Virtus Convertible are pattern recognition functions that provide distinct formation on Virtus Convertible potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was fourty with a total number of output elements of twenty-one. The Average Directional Movement Index Rating (ADXR) is equal to the current ADX plus the ADX from (N) bars ago divided by 2. It is the average of the two ADX values. The ADXR of Virtus Convertible is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret Virtus Convertible ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.

Virtus Convertible Technical Analysis Modules

Most technical analysis of Virtus Convertible help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Virtus from various momentum indicators to cycle indicators. When you analyze Virtus charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Virtus Convertible Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Virtus Convertible. We use our internally-developed statistical techniques to arrive at the intrinsic value of Virtus Convertible based on widely used predictive technical indicators. In general, we focus on analyzing Virtus Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Virtus Convertible's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Virtus Convertible's intrinsic value. In addition to deriving basic predictive indicators for Virtus Convertible, we also check how macroeconomic factors affect Virtus Convertible price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Virtus Convertible's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
31.7932.3832.97
Details
Intrinsic
Valuation
LowRealHigh
31.6432.2332.82
Details
Naive
Forecast
LowNextHigh
32.2532.8533.44
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
32.2232.4932.76
Details

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Other Information on Investing in Virtus Mutual Fund

Virtus Convertible financial ratios help investors to determine whether Virtus Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Virtus with respect to the benefits of owning Virtus Convertible security.
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