Virtus Multi Strategy Target Fund Probability of Future Mutual Fund Price Finishing Over 17.72
| VMSAX Fund | USD 17.81 0.03 0.17% |
Virtus |
Virtus Multi-strategy Target Price Odds to finish over 17.72
The tendency of Virtus Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 17.72 in 90 days |
| 17.81 | 90 days | 17.72 | about 17.97 |
Based on a normal probability distribution, the odds of Virtus Multi-strategy to stay above $ 17.72 in 90 days from now is about 17.97 (This Virtus Multi Strategy Target probability density function shows the probability of Virtus Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Virtus Multi Strategy price to stay between $ 17.72 and its current price of $17.81 at the end of the 90-day period is about 13.19 .
Assuming the 90 days horizon Virtus Multi-strategy has a beta of 0.0533. This entails as returns on the market go up, Virtus Multi-strategy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Virtus Multi Strategy Target will be expected to be much smaller as well. Additionally Virtus Multi Strategy Target has an alpha of 0.0164, implying that it can generate a 0.0164 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Virtus Multi-strategy Price Density |
| Price |
Predictive Modules for Virtus Multi-strategy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Virtus Multi Strategy. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Virtus Multi-strategy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Virtus Multi-strategy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Virtus Multi-strategy is not an exception. The market had few large corrections towards the Virtus Multi-strategy's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Virtus Multi Strategy Target, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Virtus Multi-strategy within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.02 | |
β | Beta against NYSE Composite | 0.05 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | 0.03 |
Virtus Multi-strategy Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Virtus Multi-strategy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Virtus Multi Strategy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund keeps about 91.93% of its net assets in cash |
Virtus Multi-strategy Technical Analysis
Virtus Multi-strategy's future price can be derived by breaking down and analyzing its technical indicators over time. Virtus Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Virtus Multi Strategy Target. In general, you should focus on analyzing Virtus Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Virtus Multi-strategy Predictive Forecast Models
Virtus Multi-strategy's time-series forecasting models is one of many Virtus Multi-strategy's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Virtus Multi-strategy's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Virtus Multi Strategy
Checking the ongoing alerts about Virtus Multi-strategy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Virtus Multi Strategy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund keeps about 91.93% of its net assets in cash |
Other Information on Investing in Virtus Mutual Fund
Virtus Multi-strategy 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 Multi-strategy security.
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