VanEck Short Competition
| SMB Etf | USD 17.42 0.02 0.11% |
VanEck Short vs First Trust Correlation
Almost no diversification
The correlation between VanEck Short Muni and FUMB is 0.93 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding VanEck Short Muni and FUMB in the same portfolio, assuming nothing else is changed.
Moving together with VanEck Etf
| 0.94 | SUB | iShares Short Term | PairCorr |
| 0.91 | SHM | SPDR Nuveen Bloomberg | PairCorr |
| 0.95 | JMST | JPMorgan Ultra Short | PairCorr |
| 0.93 | MEAR | iShares Short Maturity | PairCorr |
| 0.91 | FSMB | First Trust Short | PairCorr |
Moving against VanEck Etf
VanEck Short Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between VanEck Short 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 Short Muni does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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VanEck Short Constituents Risk-Adjusted Indicators
There is a big difference between VanEck Etf performing well and VanEck Short 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 Short'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| STOT | 0.05 | 0.01 | (1.16) | 0.58 | 0.00 | 0.11 | 0.25 | |||
| SHYD | 0.11 | 0.01 | (0.47) | 0.51 | 0.00 | 0.22 | 0.57 | |||
| VIXY | 2.47 | 0.00 | 0.00 | 0.08 | 0.00 | 6.24 | 20.38 | |||
| SVXY | 1.19 | 0.08 | 0.00 | (1.04) | 1.79 | 2.70 | 9.53 | |||
| TZA | 2.85 | (0.05) | 0.00 | 0.09 | 0.00 | 5.42 | 16.49 | |||
| QID | 1.60 | 0.17 | 0.05 | 9.38 | 1.64 | 4.09 | 9.90 | |||
| GUSH | 2.68 | 0.36 | 0.11 | 0.51 | 2.89 | 5.88 | 13.96 | |||
| FTSD | 0.06 | 0.01 | (1.21) | 0.64 | 0.00 | 0.12 | 0.34 | |||
| AAPU | 1.55 | 0.03 | (0.02) | (1.42) | 1.95 | 4.39 | 11.33 | |||
| FUMB | 0.04 | 0.01 | (0.88) | 0.70 | 0.00 | 0.10 | 0.45 |
VanEck Short Competitive Analysis
The better you understand VanEck Short competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, VanEck Short'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 Short'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 Short Competition Performance Charts
Five steps to successful analysis of VanEck Short Competition
VanEck Short'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 Short Muni in relation to its competition. VanEck Short's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of VanEck Short 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 Short's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to VanEck Short Muni, 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 Short position
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Check out VanEck Short Correlation with its peers. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
VanEck Short Muni's market price often diverges from its book value, the accounting figure shown on VanEck's balance sheet. Smart investors calculate VanEck Short's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since VanEck Short's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between VanEck Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Short'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.