Virtus Dividend Interest Fund Market Value
| NFJ Fund | USD 12.85 0.24 1.90% |
| Symbol | Virtus |
Virtus Dividend 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Virtus Dividend's fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Virtus Dividend.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Virtus Dividend on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Virtus Dividend Interest or generate 0.0% return on investment in Virtus Dividend over 90 days. Virtus Dividend is related to or competes with Munivest Fund, Pgim Global, Blackrock Floating, Allianzgi Convertible, Eaton Vance, Allianzgi Equity, and Eaton Vance. AllianzGI NFJ Dividend, Interest Premium Strategy Fund is a closed ended equity mutual fund launched and managed by Alli... More
Virtus Dividend Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Virtus Dividend's fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Virtus Dividend Interest upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6512 | |||
| Information Ratio | 0.1844 | |||
| Maximum Drawdown | 3.24 | |||
| Value At Risk | (0.79) | |||
| Potential Upside | 1.38 |
Virtus Dividend Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virtus Dividend's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Virtus Dividend's standard deviation. In reality, there are many statistical measures that can use Virtus Dividend historical prices to predict the future Virtus Dividend's volatility.| Risk Adjusted Performance | 0.3634 | |||
| Jensen Alpha | 0.2474 | |||
| Total Risk Alpha | 0.1607 | |||
| Sortino Ratio | 0.1909 | |||
| Treynor Ratio | 4.35 |
Virtus Dividend Interest Backtested Returns
Virtus Dividend appears to be very steady, given 3 months investment horizon. Virtus Dividend Interest owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.39, which indicates the fund had a 0.39 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Virtus Dividend Interest, which you can use to evaluate the volatility of the fund. Please review Virtus Dividend's Downside Deviation of 0.6512, risk adjusted performance of 0.3634, and Standard Deviation of 0.6742 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.0587, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Virtus Dividend's returns are expected to increase less than the market. However, during the bear market, the loss of holding Virtus Dividend is expected to be smaller as well.
Auto-correlation | 0.83 |
Very good predictability
Virtus Dividend Interest has very good predictability. Overlapping area represents the amount of predictability between Virtus Dividend time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Virtus Dividend Interest price movement. The serial correlation of 0.83 indicates that around 83.0% of current Virtus Dividend price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Virtus Dividend Interest lagged returns against current returns
Autocorrelation, which is Virtus Dividend fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Virtus Dividend's fund expected returns. We can calculate the autocorrelation of Virtus Dividend returns to help us make a trade decision. For example, suppose you find that Virtus Dividend has exhibited high autocorrelation historically, and you observe that the fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Virtus Dividend regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Virtus Dividend fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Virtus Dividend fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Virtus Dividend fund over time.
Current vs Lagged Prices |
| Timeline |
Virtus Dividend Lagged Returns
When evaluating Virtus Dividend's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Virtus Dividend fund have on its future price. Virtus Dividend autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Virtus Dividend autocorrelation shows the relationship between Virtus Dividend fund current value and its past values and can show if there is a momentum factor associated with investing in Virtus Dividend Interest.
Regressed Prices |
| Timeline |
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Virtus Dividend financial ratios help investors to determine whether Virtus 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 Dividend security.
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