Virtus Global Opportunities Fund Quote

Virtus Global is trading at 16.49 as of the 29th of March 2024; that is No Change since the beginning of the trading day. The fund's open price was 16.49. Equity ratings for Virtus Global Opportunities are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.

Virtus Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Virtus Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Virtus Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationVirtus Funds, Large Growth Funds, World Large-Stock Growth Funds, World Large-Stock Growth, Virtus (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date27th of January 2023
Fiscal Year EndSeptember
Virtus Global Opportunities [WWOIX] is traded in USA and was established 29th of March 2024. Virtus Global is listed under Virtus category by Fama And French industry classification. The fund is listed under World Large-Stock Growth category and is part of Virtus family. This fund at this time has accumulated 269.04 M in net assets with no minimum investment requirementsVirtus Global Opport is currently producing year-to-date (YTD) return of 5.5% with the current yeild of 0.0%, while the total return for the last 3 years was 4.78%.
Check Virtus Global Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Virtus Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Virtus Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Virtus Global Opportunities Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Virtus Global Opportunities Mutual Fund Constituents

NKENike IncStockConsumer Discretionary
PMPhilip Morris InternationalStockConsumer Staples
AMZNAmazon IncStockConsumer Discretionary
BABAAlibaba Group HoldingStockConsumer Discretionary
CMECME GroupStockFinancials
GOOGAlphabet Class CStockCommunication Services
KOThe Coca ColaStockConsumer Staples
More Details

Virtus Global Target Price Odds Analysis

Based on a normal probability distribution, the odds of Virtus Global jumping above the current price in 90 days from now is about 7.17%. The Virtus Global Opportunities probability density function shows the probability of Virtus Global mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Virtus Global Opportunities has a beta of -0.0035. This entails as returns on benchmark increase, returns on holding Virtus Global are expected to decrease at a much lower rate. During the bear market, however, Virtus Global Opportunities is likely to outperform the market. Additionally, virtus Global Opportunities has an alpha of 0.1068, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 16.49HorizonTargetOdds Above 16.49
92.68%90 days
 16.49 
7.17%
Based on a normal probability distribution, the odds of Virtus Global to move above the current price in 90 days from now is about 7.17 (This Virtus Global Opportunities probability density function shows the probability of Virtus Mutual Fund to fall within a particular range of prices over 90 days) .

Virtus Global Opport Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Virtus Global market risk premium is the additional return an investor will receive from holding Virtus Global long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Virtus Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Virtus Global's alpha and beta are two of the key measurements used to evaluate Virtus Global's performance over the market, the standard measures of volatility play an important role as well.

Virtus Global Against Markets

Picking the right benchmark for Virtus Global mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Virtus Global mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Virtus Global is critical whether you are bullish or bearish towards Virtus Global Opportunities at a given time. Please also check how Virtus Global's historical prices are related to one of the top price index indicators.

Virtus Global Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Virtus Global mutual fund to make a market-neutral strategy. Peer analysis of Virtus Global could also be used in its relative valuation, which is a method of valuing Virtus Global by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

How to buy Virtus Mutual Fund?

Before investing in Virtus Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Virtus Global. To buy Virtus Global fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Virtus Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Virtus Global fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Virtus Global Opportunities fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Virtus Global Opportunities fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Virtus Global Opportunities, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Virtus Global Opportunities?

The danger of trading Virtus Global Opportunities is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Virtus Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Virtus Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Virtus Global Opport is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Virtus Mutual Fund analysis

When running Virtus Global's price analysis, check to measure Virtus Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Virtus Global is operating at the current time. Most of Virtus Global's value examination focuses on studying past and present price action to predict the probability of Virtus Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virtus Global's price. Additionally, you may evaluate how the addition of Virtus Global to your portfolios can decrease your overall portfolio volatility.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Stocks Directory
Find actively traded stocks across global markets
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Fundamental Analysis
View fundamental data based on most recent published financial statements
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Please note, there is a significant difference between Virtus Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus Global'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.