VanEck Africa Financials
| AFK Etf | USD 16.76 0.37 2.26% |
Net Expense Ratio 0.0098 | 3 y Sharp Ratio (0.44) |
VanEck |
The data published in VanEck Africa's official financial statements typically reflect VanEck Africa's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving VanEck Africa's quantitative information. For example, before you start analyzing numbers published by VanEck accountants, it's essential to understand VanEck Africa's liquidity, profitability, and earnings quality within the context of the VanEck space in which it operates.
VanEck Africa Etf Summary
VanEck Africa competes with IShares MSCI, IShares MSCI, IShares MSCI, and IShares MSCI. The fund normallyinvests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Africa is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US92189F8665 |
| CUSIP | 92189F866 57060U787 |
| Region | Middle East & Africa |
| Investment Issuer | Van Eck |
| Etf Family | VanEck |
| Fund Category | Broad Equity |
| Portfolio Concentration | Emerging Markets |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
VanEck Africa Key Financial Ratios
VanEck Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VanEck Africa's current stock value. Our valuation model uses many indicators to compare VanEck Africa value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VanEck Africa competition to find correlations between indicators driving VanEck Africa's intrinsic value. More Info.VanEck Africa Index is fifth largest ETF in price to earning as compared to similar ETFs. It is fourth largest ETF in price to book as compared to similar ETFs fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for VanEck Africa Index is roughly 8.43 . Comparative valuation analysis is a catch-all technique that is used if you cannot value VanEck Africa by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.VanEck Africa Index Systematic Risk
VanEck Africa's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. VanEck Africa volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourty-five with a total number of output elements of sixteen. The Beta measures systematic risk based on how returns on VanEck Africa Index correlated with the market. If Beta is less than 0 VanEck Africa generally moves in the opposite direction as compared to the market. If VanEck Africa Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VanEck Africa Index is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VanEck Africa is generally in the same direction as the market. If Beta > 1 VanEck Africa moves generally in the same direction as, but more than the movement of the benchmark.
VanEck Africa Thematic Clasifications
VanEck Africa Index is part of several thematic ideas from Broad Equity ETFs to Emerging Markets ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasVanEck Africa January 31, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of VanEck Africa help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of VanEck Africa Index. We use our internally-developed statistical techniques to arrive at the intrinsic value of VanEck Africa Index based on widely used predictive technical indicators. In general, we focus on analyzing VanEck Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build VanEck Africa's daily price indicators and compare them against related drivers.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 6.15 | |||
| Value At Risk | (2.47) | |||
| Potential Upside | 1.71 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck Africa Index. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.
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.