Virtus High Yield Fund Price on November 14, 2024
| PGHCX Fund | USD 3.80 0.01 0.26% |
Below is the normalized historical share price chart for Virtus High Yield extending back to May 11, 2000. 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 High stands at 3.80, as last reported on the 16th of November 2024, with the highest price reaching 3.80 and the lowest price hitting 3.80 during the day.
If you're considering investing in Virtus Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Virtus Mutual Fund to be very steady. Virtus High Yield owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Virtus High Yield, which you can use to evaluate the volatility of the fund. Please validate Virtus High's Standard Deviation of 0.193, risk adjusted performance of 0.1296, and Downside Deviation of 0.2794 to confirm if the risk estimate we provide is consistent with the expected return of 0.0376%.
Virtus Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Virtus |
Sharpe Ratio = 0.1942
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Estimated Market Risk
| 0.19 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Virtus High is performing at about 15% of its full potential. 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 High by adding it to a well-diversified portfolio.
Virtus High Valuation on November 14, 2024
It is possible to determine the worth of Virtus High on a given historical date. On November 14, 2024 Virtus was worth 3.81 at the beginning of the trading date compared to the closed value of 3.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Virtus High mutual fund. Still, in general, we apply an absolute valuation method to find Virtus High'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 High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Virtus High's related companies.
| Open | High | Low | Close | Volume | |
| 3.81 | 3.81 | 3.81 | 3.81 | 1.00 | |
11/14/2024 | 3.81 | 3.81 | 3.81 | 3.81 | 1.00 |
| 3.80 | 3.80 | 3.80 | 3.80 | 1.00 |
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Virtus High Trading Date Momentum on November 14, 2024
| On November 15 2024 Virtus High Yield was traded for 3.80 at the closing time. The highest daily price throughout the period was 3.80 and the lowest price was 3.80 . There was no trading activity during the period 1.0. Lack of trading volume on 11/15/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.26% . The trading price change to current closing price is 0.26% . |
Virtus High Yield Fundamentals Correlations and Trends
By evaluating Virtus High'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 High'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 High Mutual Fund history
Virtus High 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 High Yield 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 High stock prices may prove useful in developing a viable investing in Virtus High
The fund normally invests at least 80 percent of its assets in high yield fixed income securities. It is appropriate for investors seeking diversification and the potential rewards associated with investing in high-yield fixed income securities. High-yield fixed income securities are those that are rated below investment grade. The subadviser attempts to maintain the duration of the fund at a level similar to that of its style benchmark, the Bloomberg U.S. High-Yield 2 percent Issuer Capped Bond Index.
Virtus High Mutual Fund Technical Analysis
Virtus High 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 High Period Price Range
Low | November 16, 2024
| High |
0.00 | 0.00 |
Virtus High Yield 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 High November 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Virtus High 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 High shares will generate the highest return on investment. By undertsting and applying Virtus High mutual fund market strength indicators, traders can identify Virtus High Yield entry and exit signals to maximize returns
Virtus High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Virtus High'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 | 0.1296 | |||
| Jensen Alpha | 0.0231 | |||
| Total Risk Alpha | 0.0058 | |||
| Sortino Ratio | (0.24) | |||
| Treynor Ratio | 0.3943 |
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Other Information on Investing in Virtus Mutual Fund
Virtus High 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 High security.
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