VanEck Video Financials
| ESPO Etf | USD 82.87 0.53 0.64% |
Net Expense Ratio 0.0056 | 3 y Sharp Ratio 0.14 |
VanEck |
The data published in VanEck Video's official financial statements typically reflect VanEck Video'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 Video's quantitative information. For example, before you start analyzing numbers published by VanEck accountants, it's essential to understand VanEck Video's liquidity, profitability, and earnings quality within the context of the VanEck space in which it operates.
VanEck Video Etf Summary
VanEck Video competes with Vanguard Industrials, Vanguard Materials, Vanguard Consumer, Vanguard Consumer, and Vanguard Utilities. The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Video is traded on NYSEARCA Exchange in the United States.VanEck Video Key Financial Ratios
VanEck Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VanEck Video's current stock value. Our valuation model uses many indicators to compare VanEck Video value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VanEck Video competition to find correlations between indicators driving VanEck Video's intrinsic value. More Info.VanEck Video Gaming is one of the top ETFs in beta as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs reporting about 41.64 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 Video's earnings, one of the primary drivers of an investment's value.VanEck Video Gaming Systematic Risk
VanEck Video's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. VanEck Video 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on VanEck Video Gaming correlated with the market. If Beta is less than 0 VanEck Video generally moves in the opposite direction as compared to the market. If VanEck Video Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VanEck Video Gaming is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VanEck Video is generally in the same direction as the market. If Beta > 1 VanEck Video moves generally in the same direction as, but more than the movement of the benchmark.
VanEck Video Thematic Clasifications
VanEck Video Gaming is part of several thematic ideas from Theme ETFs to Online Gaming. 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 Video November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of VanEck Video help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of VanEck Video Gaming. We use our internally-developed statistical techniques to arrive at the intrinsic value of VanEck Video Gaming 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 Video's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.21 | |||
| Information Ratio | 0.0973 | |||
| Maximum Drawdown | 7.62 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 1.96 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in VanEck Video Gaming. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. 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 Video Gaming 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 Video's value that differs from its market value or its book value, called intrinsic value, which is VanEck Video'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 Video's market value can be influenced by many factors that don't directly affect VanEck Video'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 Video's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Video is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Video'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.