Virtus Bond Fund Price on December 9, 2024
| SAVYX Fund | USD 10.25 0.04 0.39% |
Below is the normalized historical share price chart for Virtus Bond Fund extending back to December 10, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Virtus Bond stands at 10.25, as last reported on the 13th of December 2024, with the highest price reaching 10.25 and the lowest price hitting 10.25 during the day.
If you're considering investing in Virtus Mutual Fund, it is important to understand the factors that can impact its price. Virtus Bond Fund owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the fund had a -0.11% return per unit of risk over the last 3 months. Virtus Bond Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Virtus Bond's Risk Adjusted Performance of (0.08), coefficient of variation of (1,163), and Variance of 0.0722 to confirm the risk estimate we provide.
Virtus Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Virtus |
Sharpe Ratio = -0.1057
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Estimated Market Risk
| 0.27 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Virtus Bond is not performing at its full potential. However, 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 Bond by adding Virtus Bond to a well-diversified portfolio.
Virtus Bond Valuation on December 9, 2024
It is possible to determine the worth of Virtus Bond on a given historical date. On December 9, 2024 Virtus was worth 10.32 at the beginning of the trading date compared to the closed value of 10.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Virtus Bond mutual fund. Still, in general, we apply an absolute valuation method to find Virtus Bond's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Virtus Bond where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Virtus Bond's related companies.
| Open | High | Low | Close | Volume | |
| 10.35 | 10.35 | 10.35 | 10.35 | 1.00 | |
12/09/2024 | 10.32 | 10.32 | 10.32 | 10.32 | 1.00 |
| 10.31 | 10.31 | 10.31 | 10.31 | 1.00 |
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Virtus Bond Trading Date Momentum on December 9, 2024
| On December 10 2024 Virtus Bond Fund was traded for 10.31 at the closing time. The highest daily price throughout the period was 10.31 and the lowest price was 10.31 . There was no trading activity during the period 1.0. Lack of trading volume on 12/10/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.10% . The trading price change to current closing price is 0.68% . |
Virtus Bond Fund Fundamentals Correlations and Trends
By evaluating Virtus Bond's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Virtus Bond's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Virtus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Virtus Bond Mutual Fund history
Virtus Bond investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Virtus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Virtus Bond Fund will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Virtus Bond stock prices may prove useful in developing a viable investing in Virtus Bond
The fund seeks to generate high total return from both current income and capital appreciation by investing primarily in intermediate-term debt securities across 14 fixed income sectors. It seeks to achieve its objective by applying a time-tested approach of active sector rotation, extensive credit research and disciplined risk management designed to capitalize on opportunities across undervalued areas of the fixed income markets.
Virtus Bond Mutual Fund Technical Analysis
Virtus Bond technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Virtus Bond Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Virtus Bond Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Virtus Bond December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Virtus Bond mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Virtus Bond shares will generate the highest return on investment. By undertsting and applying Virtus Bond mutual fund market strength indicators, traders can identify Virtus Bond Fund entry and exit signals to maximize returns
Virtus Bond Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Virtus Bond's price direction in advance. Along with the technical and fundamental analysis of Virtus Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Virtus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (8.71) |
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Other Information on Investing in Virtus Mutual Fund
Virtus Bond 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 Bond security.
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