VanEck Merk Competition
| OUNZ Etf | USD 47.53 0.02 0.04% |
VanEck Merk vs IShares Dynamic Correlation
Poor diversification
The correlation between VanEck Merk Gold and BDYN is 0.63 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding VanEck Merk Gold and BDYN in the same portfolio, assuming nothing else is changed.
Moving together with VanEck Etf
| 0.73 | GLD | SPDR Gold Shares | PairCorr |
| 0.73 | IAU | iShares Gold Trust | PairCorr |
| 0.95 | SLV | iShares Silver Trust | PairCorr |
| 0.73 | GLDM | SPDR Gold Mini | PairCorr |
| 1.0 | SGOL | abrdn Physical Gold | PairCorr |
Moving against VanEck Etf
VanEck Merk Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between VanEck Merk 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 Merk Gold does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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VanEck Merk Competition Risk-Adjusted Indicators
There is a big difference between VanEck Etf performing well and VanEck Merk 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 Merk'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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.55 | 0.02 | (0.01) | (0.47) | 1.62 | 3.43 | 13.36 | |||
| MSFT | 1.23 | (0.34) | 0.00 | 1.81 | 0.00 | 1.78 | 13.28 | |||
| UBER | 1.60 | (0.39) | 0.00 | (0.56) | 0.00 | 2.46 | 11.09 | |||
| F | 1.22 | 0.10 | 0.05 | 0.85 | 1.20 | 3.38 | 7.16 | |||
| T | 0.94 | 0.16 | 0.13 | 0.84 | 0.84 | 2.02 | 4.31 | |||
| A | 1.22 | (0.23) | 0.00 | (0.13) | 0.00 | 2.90 | 7.85 | |||
| CRM | 1.64 | (0.36) | 0.00 | 3.41 | 0.00 | 2.94 | 12.37 | |||
| JPM | 1.12 | 0.05 | 0.01 | (0.31) | 1.63 | 2.18 | 7.38 | |||
| MRK | 1.32 | 0.48 | 0.32 | 0.86 | 1.07 | 3.59 | 8.09 | |||
| XOM | 1.15 | 0.38 | 0.28 | 0.71 | 0.92 | 2.69 | 5.85 |
VanEck Merk Competitive Analysis
The better you understand VanEck Merk competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, VanEck Merk'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 Merk'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 |
VanEck Merk Competition Performance Charts
Five steps to successful analysis of VanEck Merk Competition
VanEck Merk'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 Merk Gold in relation to its competition. VanEck Merk's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of VanEck Merk 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 Merk's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to VanEck Merk Gold, 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.
Complement your VanEck Merk position
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Check out VanEck Merk Correlation with its peers. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Understanding VanEck Merk Gold requires distinguishing between market price and book value, where the latter reflects VanEck's accounting equity. The concept of intrinsic value - what VanEck Merk's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push VanEck Merk's price substantially above or below its fundamental value.
It's important to distinguish between VanEck Merk's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding VanEck Merk should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, VanEck Merk's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.