Virtus Convertible Fund Price History

VAADX Fund  USD 32.34  0.01  0.03%   
If you're considering investing in Virtus Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Virtus Convertible stands at 32.34, as last reported on the 1st of June, with the highest price reaching 32.34 and the lowest price hitting 32.34 during the day. We consider Virtus Convertible very steady. Virtus Convertible owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0339, which indicates the fund had a 0.0339% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Virtus Convertible, which you can use to evaluate the volatility of the fund. Please validate Virtus Convertible's Risk Adjusted Performance of 0.0376, semi deviation of 0.5815, and Coefficient Of Variation of 1643.66 to confirm if the risk estimate we provide is consistent with the expected return of 0.0206%.
  
Virtus Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0339

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Estimated Market Risk

 0.61
  actual daily
5
95% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Virtus Convertible is performing at about 2% 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 Convertible by adding it to a well-diversified portfolio.

Virtus Convertible Mutual Fund Price History Chart

There are several ways to analyze Virtus Convertible Fund price data. The simplest method is using a basic Virtus candlestick price chart, which shows Virtus Convertible price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMay 20, 202432.72
Lowest PriceApril 19, 202430.87

Virtus Convertible June 1, 2024 Mutual Fund Price Synopsis

Various analyses of Virtus Convertible's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Virtus Mutual Fund. It can be used to describe the percentage change in the price of Virtus Convertible from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Virtus Mutual Fund.
Virtus Convertible Price Action Indicator 0.01 
Virtus Convertible Price Rate Of Daily Change 1.00 

Virtus Convertible June 1, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Virtus Convertible Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Virtus Convertible intraday prices and daily technical indicators to check the level of noise trading in Virtus Convertible Fund and then apply it to test your longer-term investment strategies against Virtus.

Virtus Mutual Fund Price History Data

The price series of Virtus Convertible for the period between Sun, Mar 3, 2024 and Sat, Jun 1, 2024 has a statistical range of 1.85 with a coefficient of variation of 1.39. The daily prices for the period are distributed with arithmetic mean of 32.0. The median price for the last 90 days is 32.1.
OpenHighLowCloseVolume
05/31/2024 32.34  32.34  32.34  32.34  1.00 
05/30/2024 32.33  32.33  32.33  32.33  1.00 
05/29/2024 32.42  32.42  32.42  32.42  1.00 
05/28/2024 32.59  32.59  32.59  32.59  1.00 
05/24/2024 32.56  32.56  32.56  32.56  1.00 
05/23/2024 32.31  32.31  32.31  32.31  1.00 
05/22/2024 32.60  32.60  32.60  32.60  1.00 
05/21/2024 32.68  32.68  32.68  32.68  1.00 
05/20/2024 32.72  32.72  32.72  32.72  1.00 
05/17/2024 32.56  32.56  32.56  32.56  1.00 
05/16/2024 32.55  32.55  32.55  32.55  1.00 
05/15/2024 32.68  32.68  32.68  32.68  1.00 
05/14/2024 32.32  32.32  32.32  32.32  1.00 
05/13/2024 32.14  32.14  32.14  32.14  1.00 
05/10/2024 32.15  32.15  32.15  32.15  1.00 
05/09/2024 32.16  32.16  32.16  32.16  1.00 
05/08/2024 32.13  32.13  32.13  32.13  1.00 
05/07/2024 32.14  32.14  32.14  32.14  1.00 
05/06/2024 32.22  32.22  32.22  32.22  1.00 
05/03/2024 31.90  31.90  31.90  31.90  1.00 
05/02/2024 31.66  31.66  31.66  31.66  1.00 
05/01/2024 31.37  31.37  31.37  31.37  1.00 
04/30/2024 31.38  31.38  31.38  31.38  1.00 
04/29/2024 31.67  31.67  31.67  31.67  1.00 
04/26/2024 31.58  31.58  31.58  31.58  1.00 
04/25/2024 31.44  31.44  31.44  31.44  1.00 
04/24/2024 31.43  31.43  31.43  31.43  1.00 
04/23/2024 31.44  31.44  31.44  31.44  1.00 
04/22/2024 31.10  31.10  31.10  31.10  1.00 
04/19/2024 30.87  30.87  30.87  30.87  1.00 
04/18/2024 31.02  31.02  31.02  31.02  1.00 
04/17/2024 31.10  31.10  31.10  31.10  1.00 
04/16/2024 31.24  31.24  31.24  31.24  1.00 
04/15/2024 31.32  31.32  31.32  31.32  1.00 
04/12/2024 32.10  32.10  32.10  32.10  1.00 
04/11/2024 32.10  32.10  32.10  32.10  1.00 
04/10/2024 31.99  31.99  31.99  31.99  1.00 
04/09/2024 32.25  32.25  32.25  32.25  1.00 
04/08/2024 32.24  32.24  32.24  32.24  1.00 
04/05/2024 32.13  32.13  32.13  32.13  1.00 
04/04/2024 31.96  31.96  31.96  31.96  1.00 
04/03/2024 32.15  32.15  32.15  32.15  1.00 
04/02/2024 32.10  32.10  32.10  32.10  1.00 
04/01/2024 32.41  32.41  32.41  32.41  1.00 
03/28/2024 32.51  32.51  32.51  32.51  1.00 
03/27/2024 32.55  32.55  32.55  32.55  1.00 
03/26/2024 32.37  32.37  32.37  32.37  1.00 
03/25/2024 32.34  32.34  32.34  32.34  1.00 
03/22/2024 32.25  32.25  32.25  32.25  1.00 
03/21/2024 32.33  32.33  32.33  32.33  1.00 
03/20/2024 32.23  32.23  32.10  32.10  1.00 
03/19/2024 31.91  31.91  31.79  31.79  1.00 
03/18/2024 31.89  31.89  31.77  31.77  1.00 
03/15/2024 31.93  31.93  31.81  31.81  1.00 
03/14/2024 32.02  32.02  31.89  31.89  1.00 
03/13/2024 32.27  32.27  32.14  32.14  1.00 
03/12/2024 32.16  32.16  32.03  32.03  1.00 
03/11/2024 32.07  32.07  31.94  31.94  1.00 
03/08/2024 32.14  32.14  32.01  32.01  1.00 
03/07/2024 32.09  32.09  31.96  31.96  1.00 
03/06/2024 31.90  31.90  31.78  31.78  1.00 

About Virtus Convertible Mutual Fund history

Virtus Convertible 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 Convertible 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 Convertible stock prices may prove useful in developing a viable investing in Virtus Convertible
The fund seeks to achieve its objective by normally investing at least 80 percent of its net assets in convertible securities. Convertible securities include, but are not limited to, corporate bonds, debentures, notes or preferred stocks and their hybrids that can be converted into equity securities or other securities that provide an opportunity for equity participation.

Virtus Convertible Mutual Fund Technical Analysis

Virtus Convertible 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.
A focus of Virtus Convertible technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Virtus Convertible trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Virtus Convertible Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Virtus Convertible'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.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virtus Convertible. 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 unemployment.
Note that the Virtus Convertible information on this page should be used as a complementary analysis to other Virtus Convertible'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 the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Please note, there is a significant difference between Virtus Convertible's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus Convertible is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus Convertible'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.