VanEck ETF Financials
| CLOI Etf | USD 53.12 0.01 0.02% |
Net Expense Ratio 0.004 |
VanEck |
The data published in VanEck ETF's official financial statements typically reflect VanEck ETF'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 ETF's quantitative information. For example, before you start analyzing numbers published by VanEck accountants, it's essential to understand VanEck ETF's liquidity, profitability, and earnings quality within the context of the VanEck space in which it operates.
VanEck ETF Etf Summary
VanEck ETF competes with Janus Detroit, Janus Detroit, BlackRock AAA, VanEck Investment, and Invesco Variable. The fund is an actively managed exchange-traded fund that normally invests at least 80 percent of its total assets in investment grade-rated debt tranches of collateralized loan obligations of any maturity. Vaneck ETF is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US92189H7483 |
| CUSIP | 92189H748 |
| Region | Global |
| Investment Issuer | Van Eck |
| Etf Family | VanEck |
| Fund Category | Corporate |
| Portfolio Concentration | Investment Grade |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
VanEck Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VanEck ETF's current stock value. Our valuation model uses many indicators to compare VanEck ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VanEck ETF competition to find correlations between indicators driving VanEck ETF's intrinsic value. More Info.VanEck ETF Trust is second largest ETF in one year return as compared to similar ETFs. It is fifth largest ETF in net asset as compared to similar ETFs making up about 2,995,181 of Net Asset per One Year Return. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the VanEck ETF's earnings, one of the primary drivers of an investment's value.VanEck ETF Trust Systematic Risk
VanEck ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. VanEck ETF 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on VanEck ETF Trust correlated with the market. If Beta is less than 0 VanEck ETF generally moves in the opposite direction as compared to the market. If VanEck ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VanEck ETF Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VanEck ETF is generally in the same direction as the market. If Beta > 1 VanEck ETF moves generally in the same direction as, but more than the movement of the benchmark.
About VanEck ETF Financials
What exactly are VanEck ETF Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include VanEck ETF's income statement, its balance sheet, and the statement of cash flows. Potential VanEck ETF investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although VanEck ETF investors may use each financial statement separately, they are all related. The changes in VanEck ETF's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on VanEck ETF's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.VanEck ETF Thematic Clasifications
VanEck ETF Trust is part of several thematic ideas from Corporate ETFs to Investment Grade 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 ETF November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of VanEck ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of VanEck ETF Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of VanEck ETF Trust 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 ETF's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.0758 | |||
| Information Ratio | (1.49) | |||
| Maximum Drawdown | 0.4401 | |||
| Value At Risk | (0.09) | |||
| Potential Upside | 0.0956 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of VanEck ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is VanEck ETF'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 ETF's market value can be influenced by many factors that don't directly affect VanEck ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck ETF'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.