VanEck Energy Financials
| EINC Etf | USD 98.16 3.07 3.03% |
Net Expense Ratio 0.0046 | 3 y Sharp Ratio 0.87 |
VanEck |
The data published in VanEck Energy's official financial statements typically reflect VanEck Energy'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 Energy's quantitative information. For example, before you start analyzing numbers published by VanEck accountants, it's essential to understand VanEck Energy's liquidity, profitability, and earnings quality within the context of the VanEck space in which it operates.
Please note, the presentation of VanEck Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, VanEck Energy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of VanEck Energy's management manipulating its earnings.
VanEck Energy Etf Summary
VanEck Energy competes with Alerian Energy, Tortoise North, VanEck Oil, and Global X. The fund will normally invest at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Energy is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US92189H8705 |
| CUSIP | 301505103 92189F288 92189H870 57061R247 92189F551 |
| Region | North America |
| Investment Issuer | Van Eck |
| Etf Family | VanEck |
| Fund Category | Sector |
| Portfolio Concentration | Energy |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
VanEck Energy Key Financial Ratios
VanEck Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VanEck Energy's current stock value. Our valuation model uses many indicators to compare VanEck Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VanEck Energy competition to find correlations between indicators driving VanEck Energy's intrinsic value. More Info.VanEck Energy Income is rated # 4 ETF in beta as compared to similar ETFs. It is rated # 3 ETF in one year return as compared to similar ETFs reporting about 62.37 of One Year Return per Beta. 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 Energy's earnings, one of the primary drivers of an investment's value.VanEck Energy Income Systematic Risk
VanEck Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. VanEck Energy 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on VanEck Energy Income correlated with the market. If Beta is less than 0 VanEck Energy generally moves in the opposite direction as compared to the market. If VanEck Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VanEck Energy Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VanEck Energy is generally in the same direction as the market. If Beta > 1 VanEck Energy moves generally in the same direction as, but more than the movement of the benchmark.
About VanEck Energy Financials
What exactly are VanEck Energy 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 Energy's income statement, its balance sheet, and the statement of cash flows. Potential VanEck Energy investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although VanEck Energy investors may use each financial statement separately, they are all related. The changes in VanEck Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on VanEck Energy'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 Energy Thematic Clasifications
VanEck Energy Income is part of several thematic ideas from Sector ETFs to Energy 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 Energy November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of VanEck Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of VanEck Energy Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of VanEck Energy Income 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 Energy's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9562 | |||
| Information Ratio | 0.1362 | |||
| Maximum Drawdown | 3.6 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 1.75 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in VanEck Energy Income. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of VanEck Energy Income 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 Energy's value that differs from its market value or its book value, called intrinsic value, which is VanEck Energy'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 Energy's market value can be influenced by many factors that don't directly affect VanEck Energy'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 Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Energy'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.