What is the impact of Code Virtualizer on the speed performance of a protected program?

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What is the impact of Code Virtualizer on the speed performance of a protected program?

When you virtualize a specific routine, the x86 original opcodes are converted into high complex "imaginary" code, which is emulated via an embedded Virtual Machine. The Virtual Machine runs your code much slower, so, you have to avoid putting protection macros in those critical functions in your application or routines which require lots of CPU code.

 

In the Virtual Machine panel, you can see some "stats" about how fast is each VM compared with the rest of VMs.