VanEck Oil Financials
| CRAK Etf | USD 28.68 0.27 0.93% |
VanEck |
The data published in VanEck Oil's official financial statements typically reflect VanEck Oil'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 Oil's quantitative information. For example, before you start analyzing numbers published by VanEck accountants, it's essential to understand VanEck Oil's liquidity, profitability, and earnings quality within the context of the VanEck space in which it operates.
VanEck Oil Etf Summary
VanEck Oil competes with IShares MSCI, First Trust, Invesco SP, and Alerian Energy. The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Oil is traded on NYSEARCA Exchange in the United States.VanEck Oil Key Financial Ratios
VanEck Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VanEck Oil's current stock value. Our valuation model uses many indicators to compare VanEck Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VanEck Oil competition to find correlations between indicators driving VanEck Oil's intrinsic value. More Info.VanEck Oil Refiners is fifth largest ETF in price to earning as compared to similar ETFs. It is second largest ETF in price to book as compared to similar ETFs fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for VanEck Oil Refiners is roughly 8.77 . Comparative valuation analysis is a catch-all technique that is used if you cannot value VanEck Oil 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 Oil Refiners Systematic Risk
VanEck Oil's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. VanEck Oil 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 Oil Refiners correlated with the market. If Beta is less than 0 VanEck Oil generally moves in the opposite direction as compared to the market. If VanEck Oil Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VanEck Oil Refiners is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VanEck Oil is generally in the same direction as the market. If Beta > 1 VanEck Oil moves generally in the same direction as, but more than the movement of the benchmark.
VanEck Oil Thematic Clasifications
VanEck Oil Refiners is part of several thematic ideas from Energy ETFs to Sector 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 Oil February 7, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of VanEck Oil help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of VanEck Oil Refiners. We use our internally-developed statistical techniques to arrive at the intrinsic value of VanEck Oil Refiners 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 Oil's daily price indicators and compare them against related drivers.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 4.33 | |||
| Value At Risk | (1.73) | |||
| Potential Upside | 1.64 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck Oil Refiners. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of VanEck Oil Refiners 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 Oil's value that differs from its market value or its book value, called intrinsic value, which is VanEck Oil'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 Oil's market value can be influenced by many factors that don't directly affect VanEck Oil'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 Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Oil'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.