Virtus ETF Financials
| SEIX Etf | USD 24.00 0.02 0.08% |
Net Expense Ratio 0.0062 | 3 y Sharp Ratio 0.5 |
Virtus |
The data published in Virtus ETF's official financial statements typically reflect Virtus ETF's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Virtus ETF's quantitative information. For example, before you start analyzing numbers published by Virtus accountants, it's essential to understand Virtus ETF's liquidity, profitability, and earnings quality within the context of the Virtus space in which it operates.
Please note, the imprecision that can be found in Virtus ETF's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Virtus ETF Trust. Check Virtus ETF's Beneish M Score to see the likelihood of Virtus ETF's management manipulating its earnings.
Virtus ETF Etf Summary
Virtus ETF competes with SPDR Blackstone, Janus Detroit, and Pacer Pacific. The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing, under normal market circumstances, at least 80 percent of its net assets in a combination of first- and second-lien senior floating rate loans. Virtus Seix is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US92790A4058 |
| CUSIP | 92790A405 |
| Region | North America |
| Investment Issuer | Virtus |
| Etf Family | Virtus |
| Fund Category | Corporate |
| Portfolio Concentration | Loans |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Virtus ETF Key Financial Ratios
Virtus Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Virtus ETF's current stock value. Our valuation model uses many indicators to compare Virtus ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Virtus ETF competition to find correlations between indicators driving Virtus ETF's intrinsic value. More Info.Virtus ETF Trust is rated fourth largest ETF in beta as compared to similar ETFs. It also is rated fourth largest ETF in one year return as compared to similar ETFs reporting about 50.00 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Virtus ETF's earnings, one of the primary drivers of an investment's value.Virtus ETF Trust Systematic Risk
Virtus ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Virtus ETF volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Virtus ETF Trust correlated with the market. If Beta is less than 0 Virtus ETF generally moves in the opposite direction as compared to the market. If Virtus ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Virtus ETF Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Virtus ETF is generally in the same direction as the market. If Beta > 1 Virtus ETF moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Virtus ETF is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Virtus has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Virtus ETF's financials are consistent with your investment objective using the following steps:- Review Virtus ETF's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Virtus ETF's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Virtus ETF's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Virtus ETF's stock is overvalued or undervalued.
Virtus ETF Thematic Clasifications
Virtus ETF Trust is part of Corporate ETFs investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA ETFs from Corporate clasification. ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs
This theme covers USA ETFs from Corporate clasification. ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. Get More Thematic Ideas
| Corporate ETFs | View |
Virtus ETF December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Virtus ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Virtus ETF Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of Virtus ETF Trust based on widely used predictive technical indicators. In general, we focus on analyzing Virtus Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Virtus ETF's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.0564 | |||
| Information Ratio | (1.59) | |||
| Maximum Drawdown | 0.2956 | |||
| Value At Risk | (0.04) | |||
| Potential Upside | 0.1684 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virtus ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Virtus Etf please use our How to Invest in Virtus ETF guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Virtus ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Virtus ETF'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 ETF's market value can be influenced by many factors that don't directly affect Virtus ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus ETF'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.