Virtus Global Financial Statements From 2010 to 2024
| VGI Etf | USD 7.94 0.01 0.13% |
Market Capitalization 109.1 M |
Check Virtus Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virtus Global'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 Global Valuation or Volatility modules.
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Virtus Global Multi ETF Price To Earning Analysis
Virtus Global's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Virtus Global Price To Earning | 38.20 X |
Most of Virtus Global's fundamental indicators, such as Price To Earning, 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 Global Multi is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Virtus Global Multi has a Price To Earning of 38.2 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to earning for all United States etfs is notably lower than that of the firm.
Virtus Global Multi Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Virtus Global's current stock value. Our valuation model uses many indicators to compare Virtus Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Virtus Global competition to find correlations between indicators driving Virtus Global's intrinsic value. More Info.Virtus Global Multi is rated fifth in price to earning as compared to similar ETFs. It is rated fifth in beta as compared to similar ETFs totaling about 0.01 of Beta per Price To Earning. The ratio of Price To Earning to Beta for Virtus Global Multi is roughly 95.50 . 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 Global's earnings, one of the primary drivers of an investment's value.About Virtus Global Financial Statements
Investors use fundamental indicators, such as Virtus Global's revenue or net income, to determine how well the company is positioned to perform in the future. Although Virtus Global's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Virtus Global Multi-Sector Income Fund is a closed ended fixed income mutual fund launched by Virtus Investment Partners, Inc. The fund is co-managed by Virtus Investment Advisers, Inc. and Newfleet Asset Management, LLC. It invests in fixed income markets across the globe. The fund invests in both investment grade and high yield debt instruments issued by the government, corporate, bank loans, mortgage-backed securities, asset-backed securities, taxable municipal bonds, and tax-exempt municipal bonds. It invests in securities with average duration which varies within three years of the duration of the Barclays Global Aggregate Bond Index. The fund employs fundamental analysis with a top-down and bottom-up stock picking approach while focusing on factors such as yield and spreads, supply and demand, investment environment, sector fundamentals, assessment of credit risk, company management, issue structure, technical market conditions, and valuations to create its portfolio. It seeks to benchmark the performance of its portfolio against the Barclays Global Aggregate Bond Index. The fund was formerly known as Virtus-Newfleet Global Multi-Sector Income Fund. Virtus Global Multi-Sector Income Fund was formed on February 23, 2012 and is domiciled in the United States.
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Other Information on Investing in Virtus Etf
Virtus Global financial ratios help investors to determine whether Virtus Etf 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 Global security.