VanEck Africa Competition

Etfs . USA . 
Etf . VanEck Africa Index
AFK Etf  USD 16.18  0.11  0.68%   
VanEck Africa Index competes with IShares MSCI, HUMANA, SCOR PK, Barloworld, and Morningstar Unconstrained; as well as few others. Analyzing VanEck Africa competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of VanEck Africa to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out VanEck Africa Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of VanEck Africa competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
14.6316.1817.73
Details
Intrinsic
Valuation
LowRealHigh
14.6816.2317.78
Details
Naive
Forecast
LowNextHigh
14.4115.9617.51
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.5115.9616.41
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as VanEck Africa. Your research has to be compared to or analyzed against VanEck Africa's peers to derive any actionable benefits. When done correctly, VanEck Africa's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in VanEck Africa Index.

VanEck Africa Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between VanEck Africa and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of VanEck and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of VanEck Africa Index does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
MSTSX
+ 0.87
EWH
LBHIX
+ 0.69
MSTSX
LBHIX
+ 0.66
EWH
LBHIX
+ 0.59
ABHYX
LBHIX
+ 0.45
SCRYY
ABHYX
+ 0.39
EWH
  
High negative correlations   
LBHIX
- 0.62
444859BR2
MSTSX
- 0.55
444859BR2
444859BR2
- 0.52
EWH
BRRAY
- 0.5
EWH
MSTSX
- 0.49
BRRAY
SCRYY
- 0.42
444859BR2

VanEck Africa Constituents Risk-Adjusted Indicators

There is a big difference between VanEck Etf performing well and VanEck Africa ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze VanEck Africa's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

VanEck Africa Competitive Analysis

The better you understand VanEck Africa competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, VanEck Africa's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across VanEck Africa's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
AFK EWH 444859BR2 SCRYY AQUI BRRAY MSTSX ABHYX LBHIX
 0.68 
 16.18 
VanEck
 1.74 
 16.94 
IShares
 0.35 
 80.35 
HUMANA
 1.19 
 2.50 
SCOR
 0.00 
 0.01 
Aquagold
 0.00 
 4.23 
Barloworld
 0.43 
 11.73 
Morningstar
 0.11 
 8.96 
High-yield
 0.24 
 4.25 
Thrivent
Market Volatility
(90 Days Market Risk)
Very steady
Not too volatile
Very steady
Risky
Very steady
Relatively risky
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Insignificant
Very Weak
OK
Very Weak
Very Weak
Insignificant
Insignificant
Good
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Below Average
Below Average
Average
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Over Valued
Under Valued
Fairly Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Hold
Sell
Cautious Hold
Strong Sell
Strong Sell
Hold
Strong Hold
Strong Sell
Strong Sell
Current Ratio
N/A
1.0
N/A
9.99
N/A
1.49
N/A
N/A
N/A
Net Asset
43.36 M
652.7 M
N/A
51.52 B
3.19 K
54.41 B
116.1 M
672.37 M
674.44 M
Profit Margin
N/A
380.78
N/A
-0.0209
N/A
0.0519
N/A
N/A
N/A
EBITDA
N/A
N/A
N/A
1.23 B
(727.69 K)
2.77 B
N/A
N/A
N/A
Price To Book
1.53
1.09
N/A
0.67
N/A
0.99
N/A
N/A
1.58
Operating Margin
N/A
83.59
N/A
-0.0092
N/A
0.1
N/A
N/A
N/A
Current Valuation
N/A
1.53 B
N/A
4.75 B
912.76 K
1.11 B
N/A
N/A
N/A
Five Year Return
-1.0
-3.4
N/A
4.83
N/A
3.98
8.6
1.69
3.31
Retained Earnings
N/A
N/A
N/A
(645.5 M)
(4.18 M)
13.37 B
N/A
N/A
N/A
Current Asset
N/A
N/A
N/A
N/A
N/A
25.84 B
N/A
N/A
N/A
One Year Return
19.6
0.2
N/A
N/A
N/A
N/A
19.87
11.13
11.68
Beta
1.01
0.72
N/A
1.25
7.05
0.63
N/A
N/A
N/A
Equity Positions Weight
95.96
99.79
N/A
N/A
N/A
N/A
61.63
N/A
0.07
Number Of Employees
118
14
N/A
3.59 K
7
36
1
1
1
Cash Position Weight
N/A
N/A
N/A
N/A
N/A
N/A
14.28
0.1
6.56
Shares Outstanding
N/A
88.58 M
N/A
1.78 B
965.83 K
185.7 M
N/A
N/A
N/A
Three Year Return
-5.0
-8.5
N/A
N/A
N/A
N/A
7.0
-0.63
2.59
Cash Flow From Operations
N/A
N/A
N/A
2.41 B
(218.19 K)
1.89 B
N/A
N/A
N/A
Annual Yield
N/A
N/A
N/A
0.0789
N/A
0.0543
0.021
0.0041
0.0617
Total Debt
N/A
N/A
N/A
3.05 B
N/A
8.64 B
N/A
N/A
N/A
Return On Equity
N/A
9.26
N/A
-0.0574
N/A
0.0588
N/A
N/A
N/A
Bond Positions Weight
N/A
N/A
N/A
N/A
N/A
N/A
22.72
2.0
92.23
Z Score
N/A
N/A
N/A
0.6
N/A
N/A
N/A
N/A
N/A
Holdings Turnover
N/A
N/A
N/A
N/A
N/A
N/A
269.0
N/A
N/A
Return On Asset
N/A
1.25
N/A
-0.002
-5.5
0.047
N/A
N/A
N/A
Book Value Per Share
N/A
21.08
N/A
3.04
-1.18
99.76
N/A
N/A
N/A
Minimum Initial Investment
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
2 K
Current Liabilities
N/A
N/A
N/A
N/A
794 K
13.9 B
N/A
N/A
N/A
Total Asset
43.36 M
652.7 M
N/A
51.52 B
3.19 K
54.41 B
215.11 M
243.16 M
347.66 M
Last Dividend Paid
1.29
0.41
N/A
N/A
N/A
4.6
N/A
0.03
0.02
Debt To Equity
N/A
N/A
N/A
0.43
N/A
0.68
N/A
N/A
N/A
Target Price
N/A
N/A
N/A
N/A
N/A
7.68
N/A
N/A
N/A
Market Capitalization
N/A
1.69 B
N/A
4.35 B
96.58 K
955.54 M
50.36 M
N/A
N/A
Price To Earning
12.9
7.04
N/A
12.21
-0.22
9.18
N/A
N/A
35.48
Price To Earnings To Growth
N/A
N/A
N/A
0.28
N/A
N/A
N/A
N/A
N/A
Price To Sales
2.06
48.87
N/A
0.2
N/A
0.0285
N/A
N/A
1.23
Net Income
N/A
158.87 M
N/A
456 M
(627.79 K)
2.04 B
N/A
N/A
N/A
Earnings Per Share
N/A
1.99
N/A
0.25
-0.63
0.35
N/A
N/A
N/A
Revenue
N/A
41.72 M
N/A
16.03 B
N/A
39.38 B
N/A
N/A
N/A
Year To Date Return
N/A
N/A
N/A
N/A
N/A
N/A
13.69
6.09
6.69
Ten Year Return
-2.7
0.5
N/A
N/A
N/A
N/A
N/A
4.84
6.0
Working Capital
N/A
N/A
N/A
N/A
(794 K)
11.95 B
N/A
N/A
N/A
Cash And Equivalents
N/A
1.37 M
N/A
3.52 B
1.15 K
5.11 B
N/A
N/A
N/A
Cash Per Share
N/A
0.02
N/A
1.97
N/A
25.52
N/A
N/A
N/A
Gross Profit
N/A
44.36 M
N/A
(853 M)
(143.88 K)
5.12 B
N/A
N/A
N/A
Day Typical Price
16.12
16.93
80.35
2.5
0.006
4.23
11.73
8.96
4.25
Accumulation Distribution
0.0111
0.0071
N/A
0.0506
N/A
N/A
N/A
N/A
N/A
Market Facilitation Index
0.18
0.12
N/A
0.13
N/A
N/A
N/A
N/A
N/A
Daily Balance Of Power
0.6111
(2.50)
(9,223,372,036,855)
(0.23)
0.0
0.0
9.2 T
9.2 T
9.2 T
Period Momentum Indicator
0.11
(0.30)
(0.28)
(0.03)
N/A
N/A
0.05
0.01
0.01
Rate Of Daily Change
1.01
0.98
1.0
0.99
1.0
1.0
1.0
1.0
1.0
Day Median Price
16.09
16.92
80.35
2.51
0.006
4.23
11.73
8.96
4.25
Price Action Indicator
0.14
(0.13)
(0.14)
(0.02)
N/A
N/A
0.025
0.005
0.005
Relative Strength Index
52.23
55.81
63.7
57.11
N/A
54.14
60.67
40.52
69.23
Coefficient Of Variation
12615.87
1442.37
(5,956)
846.1
N/A
25169.77
1347.71
2046.85
583.8
Mean Deviation
1.28
1.39
1.31
2.13
N/A
1.27
0.477
0.1662
0.1099
Jensen Alpha
(0.08)
0.0748
(0.16)
0.294
N/A
(0.10)
(0.04)
0.0189
0.0139
Total Risk Alpha
(0.25)
(0.19)
(0.46)
(0.12)
N/A
(0.65)
(0.06)
(0.04)
(0.01)
Sortino Ratio
(0.07)
0.0032
N/A
0.0886
N/A
N/A
(0.13)
(0.25)
(0.41)
Downside Variance
2.93
4.68
N/A
5.66
N/A
N/A
0.4033
0.2181
0.0625
Standard Deviation
1.61
1.99
2.57
2.89
N/A
4.2
0.6268
0.2865
0.1689
Kurtosis
0.2497
3.52
5.86
1.47
N/A
11.15
0.1933
8.65
3.69
Potential Upside
2.56
3.15
5.93
5.61
N/A
N/A
1.21
0.3382
0.2381
Treynor Ratio
0.0041
0.2914
(0.06)
1.06
N/A
0.0074
0.0581
(0.03)
0.4574
Maximum Drawdown
8.17
12.79
16.62
12.99
N/A
34.02
2.8
1.91
0.9552
Variance
2.59
3.95
6.61
8.35
N/A
17.65
0.3929
0.0821
0.0285
Market Risk Adjusted Performance
0.0141
0.3014
(0.05)
1.07
N/A
0.0174
0.0681
(0.02)
0.4674
Risk Adjusted Performance
0.0113
0.0593
(0.01)
0.098
N/A
0.0112
0.0547
0.0207
0.096
Skewness
(0.06)
(0.57)
1.06
0.7885
N/A
0.4951
0.1197
(1.72)
1.16
Semi Deviation
1.63
1.98
N/A
2.03
N/A
N/A
0.5046
0.2597
0.0
Information Ratio
(0.07)
0.0035
(0.07)
0.0729
N/A
(0.03)
(0.13)
(0.41)
(0.60)
Value At Risk
(2.58)
(2.67)
(4.56)
(4.09)
N/A
(2.98)
(1.02)
(0.33)
(0.24)
Expected Short fall
(1.29)
(1.41)
N/A
(2.95)
N/A
N/A
(0.59)
(0.23)
(0.29)
Downside Deviation
1.71
2.16
N/A
2.38
N/A
N/A
0.635
0.467
0.25
Semi Variance
2.64
3.94
N/A
4.12
N/A
N/A
0.2546
0.0674
(0.02)

VanEck Africa Competition Performance Charts

Five steps to successful analysis of VanEck Africa Competition

VanEck Africa's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by VanEck Africa Index in relation to its competition. VanEck Africa's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of VanEck Africa in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact VanEck Africa's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to VanEck Africa Index, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your VanEck Africa position

In addition to having VanEck Africa 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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Books
Books Theme
Companies involved in publishing of books, newspapers, periodicals and other mass publications. The Books theme has 47 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 Books Theme or any other thematic opportunities.
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When determining whether VanEck Africa Index is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if VanEck Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Vaneck Africa Index Etf. Highlighted below are key reports to facilitate an investment decision about Vaneck Africa Index Etf:
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Check out VanEck Africa Correlation with its peers.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of VanEck Africa Index is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Africa's value that differs from its market value or its book value, called intrinsic value, which is VanEck Africa'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 VanEck Africa's market value can be influenced by many factors that don't directly affect VanEck Africa's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between VanEck Africa's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Africa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Africa'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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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