Virtus WMC Financial Statements From 2010 to 2024
| VWID Etf | USD 27.64 0.03 0.11% |
Check Virtus WMC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virtus WMC's main balance sheet or income statement drivers, such as , as well as many indicators such as . Virtus financial statements analysis is a perfect complement when working with Virtus WMC Valuation or Volatility modules.
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Virtus WMC International ETF Beta Analysis
Virtus WMC's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Virtus WMC Beta | 0.89 |
Most of Virtus WMC's fundamental indicators, such as Beta, 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 WMC International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Virtus WMC International has a Beta of 0.89. This is much higher than that of the Virtus family and significantly higher than that of the Foreign Large Value category. The beta for all United States etfs is notably lower than that of the firm.
About Virtus WMC Financial Statements
Virtus WMC stakeholders use historical fundamental indicators, such as Virtus WMC's revenue or net income, to determine how well the company is positioned to perform in the future. Although Virtus WMC investors may analyze each financial statement separately, they are all interrelated. For example, changes in Virtus WMC's assets and liabilities are reflected in the revenues and expenses on Virtus WMC's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Virtus WMC International. Please read more on our technical analysis and fundamental analysis pages.
The fund is an actively managed exchange-traded fund that seeks to achieve its objective by investing in equity securities that sub-adviser, believes will generate a higher dividend yield than is generally provided by equity markets in developed ex-U.S. countries, as measured by the MSCI World ex USA Index, over a full market cycle within a framework that attempts to manage portfolio risk. Virtus Wmc is traded on BATS Exchange in the United States.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Virtus WMC International is a strong investment it is important to analyze Virtus WMC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Virtus WMC's future performance. For an informed investment choice regarding Virtus Etf, refer to the following important reports:Check out the analysis of Virtus WMC Correlation against competitors. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of Virtus WMC International 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 WMC's value that differs from its market value or its book value, called intrinsic value, which is Virtus WMC'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 WMC's market value can be influenced by many factors that don't directly affect Virtus WMC'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 WMC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus WMC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus WMC'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.