Vaneck Cmci Commodity Etf Profile

CMCI Etf  USD 25.02  0.05  0.20%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 9

 
High
 
Low
Low
VanEck CMCI is trading at 25.02 as of the 1st of December 2024. This is a 0.20 percent increase since the beginning of the trading day. The etf's open price was 24.97. VanEck CMCI has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for VanEck CMCI Commodity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of December 2022 and ending today, the 1st of December 2024. Click here to learn more.
China Modern Agricultural Information, Inc. produces and distributes raw fresh milk to manufacturing and distribution companies of dairy products in China. It is also involved in the processing and sale of organic fertilizers and assisting farmers with their fresh milk sale efforts. The company has 53.1 M outstanding shares. More on VanEck CMCI Commodity

Moving together with VanEck Etf

  0.96PDBC Invesco Optimum YieldPairCorr
  0.97FTGC First Trust GlobalPairCorr
  0.96DBC Invesco DB CommodityPairCorr
  0.93COMT iShares GSCI CommodityPairCorr
  0.94GSG iShares SP GSCIPairCorr
  0.97DJP iPath Bloomberg CommodityPairCorr

VanEck Etf Highlights

CEO DirectorYouliang Wang
Thematic Ideas
(View all Themes)
Business ConcentrationBroad Commodities ETFs, Strategy ETFs, Commodities Broad Basket, Food Products, Food, Beverage & Tobacco, Consumer Staples (View all Sectors)
IssuerVan Eck
Inception Date2023-08-21
BenchmarkUBS Constant Maturity Commodity Total Return Index
Entity TypeRegulated Investment Company
Asset Under Management2.5 Million
Asset TypeCommodities
CategoryStrategy
FocusBroad Commodities
Market ConcentrationBlended Development
RegionGlobal
AdministratorVan Eck Associates Corporation
AdvisorVan Eck Absolute Return Advisers Corporation
CustodianState Street Bank and Trust Company
DistributorVan Eck Securities Corporation
Portfolio ManagerRoland Morris, Gregory Krenzer
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Dec
ExchangeCboe BZX Exchange, Inc.
Number of Constituents12.0
Market MakerJane Street
Total Expense0.76
Management Fee0.65
Country NameUSA
CodeCMCI
Updated At30th of November 2024
Returns Y T D4.29
NameVanEck CMCI Commodity Strategy ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01J1GXTN5
TypeETF
1y Volatility8.29
VanEck CMCI Commodity [CMCI] is traded in USA and was established null. The fund is listed under Commodities Broad Basket category and is part of Food Products family. The entity is thematically classified as Broad Commodities ETFs. VanEck CMCI Commodity currently have 245.61 M in assets under management (AUM). with the current yeild of 0.02%, while the total return for the last year was 1.9%. VanEck CMCI Commodity currently holds about 46.14 M in cash with 47.95 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.87.
Check VanEck CMCI Probability Of Bankruptcy

Top VanEck CMCI Commodity Etf Constituents

CMCAXCm Modity IndexMutual FundCommodities Broad Basket
TRPXXShort Term Investment TrustMoney Market FundUS Money Market Fund
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VanEck CMCI Commodity Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck CMCI. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

VanEck CMCI Against Markets

When determining whether VanEck CMCI Commodity offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck CMCI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vaneck Cmci Commodity Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Cmci Commodity Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck CMCI Commodity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of VanEck CMCI Commodity 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 CMCI's value that differs from its market value or its book value, called intrinsic value, which is VanEck CMCI'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 CMCI's market value can be influenced by many factors that don't directly affect VanEck CMCI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck CMCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck CMCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck CMCI'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.