Virtus Etf Buy Hold or Sell Recommendation

VABS
 Etf
  

USD 22.93  0.01  0.0436%   

Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Virtus Newfleet ABSMBS is 'Cautious Hold'. Macroaxis provides Virtus Newfleet buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding VABS positions. The advice algorithm takes into account all of Virtus Newfleet's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Virtus Newfleet's buy-and-hold perspective. Also, please take a look at Virtus Newfleet Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as Virtus and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Virtus Newfleet ABSMBS.

Execute Virtus Newfleet Buy or Sell Advice

The Virtus recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Virtus Newfleet ABSMBS. Macroaxis does not own or have any residual interests in Virtus Newfleet ABSMBS or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Virtus Newfleet's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Virtus NewfleetBuy Virtus Newfleet
Cautious Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details
For the selected time horizon Virtus Newfleet ABSMBS has a Mean Deviation of 0.1179, Standard Deviation of 0.1557 and Variance of 0.0243
Our trade recommendation module complements current analysts and expert consensus on Virtus Newfleet ABSMBS. It analyzes the etf potential to grow using all fundamental, technical, and market related data available at the time. Please validate Virtus Newfleet one year return to decide if your Virtus Newfleet buy or sell deciscion is justified.

Virtus Newfleet Trading Alerts and Improvement Suggestions

Virtus Newfleet generated a negative expected return over the last 90 days
On 30th of November 2022 Virtus Newfleet paid $ 0.0579 per share dividend to its current shareholders
The fund keeps most of the net assets in exotic instruments.

Virtus Newfleet Returns Distribution Density

The distribution of Virtus Newfleet's historical returns is an attempt to chart the uncertainty of Virtus Newfleet's future price movements. The chart of the probability distribution of Virtus Newfleet stock daily returns describes the distribution of returns around its average expected value. We use Virtus Newfleet ABSMBS price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Virtus Newfleet returns is essential to provide solid investment advice for Virtus Newfleet.
Mean Return-0.02Value At Risk-0.3
Potential Upside0.26Standard Deviation0.16
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Virtus Newfleet historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Virtus Newfleet Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Virtus Newfleet or Virtus sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Virtus Newfleet's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Virtus etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.04
β
Beta against NYSE Composite0.0475
σ
Overall volatility
0.16
Ir
Information ratio -0.58

Virtus Newfleet Volatility Alert

Virtus Newfleet ABSMBS exhibits very low volatility with skewness of 0.13 and kurtosis of 0.84. However, we advise investors to further study Virtus Newfleet ABSMBS technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Virtus Newfleet's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Virtus Newfleet's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Virtus Newfleet Fundamentals Vs Peers

Comparing Virtus Newfleet's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Virtus Newfleet's direct or indirect competition across all of the common fundamentals between Virtus Newfleet and the related equities. This way, we can detect undervalued stocks with similar characteristics as Virtus Newfleet or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Virtus Newfleet's fundamental indicators could also be used in its relative valuation, which is a method of valuing Virtus Newfleet by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Virtus Newfleet to competition
FundamentalsVirtus NewfleetPeer Average
One Year Return(6.05) %(0.97) %
Net Asset12.68 M2.29 B
Bond Positions Weight1.87 %8.16 %

About Virtus Newfleet Buy or Sell Advice

When is the right time to buy or sell Virtus Newfleet ABSMBS? Buying financial instruments such as Virtus Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Virtus Newfleet in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Cleaning Thematic Idea Now

Cleaning
Cleaning Theme
Compnanies producing and distributing cleaning products, supplies, and accessories. The Cleaning theme has 0 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cleaning Theme or any other thematic opportunities.
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Also, please take a look at Virtus Newfleet Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Virtus Newfleet ABSMBS information on this page should be used as a complementary analysis to other Virtus Newfleet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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The market value of Virtus Newfleet ABSMBS is measured differently than its book value, which is the value of Virtus that is recorded on the company's balance sheet. Investors also form their own opinion of Virtus Newfleet's value that differs from its market value or its book value, called intrinsic value, which is Virtus Newfleet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Virtus Newfleet's market value can be influenced by many factors that don't directly affect Virtus Newfleet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Virtus Newfleet's value and its price as these two are different measures arrived at by different means. Investors typically determine Virtus Newfleet value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus Newfleet'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.