Virtus Bond Fund Technical Analysis
| SAVAX Fund | USD 10.14 0.03 0.30% |
As of the 1st of December, Virtus Bond has the Risk Adjusted Performance of (0.02), semi deviation of 0.2477, and Coefficient Of Variation of 77167.23. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Virtus Bond Fund, as well as the relationship between them.
Virtus Bond Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Virtus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VirtusVirtus |
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.
Virtus Bond Fund Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Virtus Bond Fund volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Virtus Bond Fund Trend Analysis
Use this graph to draw trend lines for Virtus Bond Fund. You can use it to identify possible trend reversals for Virtus Bond as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Virtus Bond price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Virtus Bond Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Virtus Bond Fund applied against its price change over selected period. The best fit line has a slop of 0.0049 , which may suggest that Virtus Bond Fund market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.92, which is the sum of squared deviations for the predicted Virtus Bond price change compared to its average price change.About Virtus Bond Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Virtus Bond Fund on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Virtus Bond Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Virtus Bond Fund price pattern first instead of the macroeconomic environment surrounding Virtus Bond Fund. By analyzing Virtus Bond's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Virtus Bond's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Virtus Bond specific price patterns or momentum indicators. Please read more on our technical analysis page.
Virtus Bond December 1, 2024 Technical Indicators
Most technical analysis of Virtus 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | 0.1912 | |||
| Mean Deviation | 0.1972 | |||
| Semi Deviation | 0.2477 | |||
| Downside Deviation | 0.3062 | |||
| Coefficient Of Variation | 77167.23 | |||
| Standard Deviation | 0.2631 | |||
| Variance | 0.0692 | |||
| Information Ratio | (0.52) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.45) | |||
| Treynor Ratio | 0.1812 | |||
| Maximum Drawdown | 0.9945 | |||
| Value At Risk | (0.50) | |||
| Potential Upside | 0.3949 | |||
| Downside Variance | 0.0938 | |||
| Semi Variance | 0.0613 | |||
| Expected Short fall | (0.24) | |||
| Skewness | (0.13) | |||
| Kurtosis | 0.2745 |
Virtus Bond Fund One Year Return
Based on the recorded statements, Virtus Bond Fund has an One Year Return of 8.8342%. This is 2.38% lower than that of the Virtus family and significantly higher than that of the Intermediate Core-Plus Bond category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.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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