VanEck Environmental Financials
| EVX Etf | USD 188.59 0.98 0.52% |
Net Expense Ratio 0.0055 | 3 y Sharp Ratio 0.17 |
VanEck |
The data published in VanEck Environmental's official financial statements typically reflect VanEck Environmental'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 Environmental's quantitative information. For example, before you start analyzing numbers published by VanEck accountants, it's essential to understand VanEck Environmental's liquidity, profitability, and earnings quality within the context of the VanEck space in which it operates.
Please note, the imprecision that can be found in VanEck Environmental's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of VanEck Environmental Services. Check VanEck Environmental's Beneish M Score to see the likelihood of VanEck Environmental's management manipulating its earnings.
VanEck Environmental Etf Summary
VanEck Environmental competes with VanEck UraniumNuclear, IShares Global, Invesco Global, Invesco DWA, and VanEck Gaming. The fund normally invests at least 80 percent of its total assets in common stocks and ADRs of companies involved in the environmental services industry. Vaneck Environmental is traded on NYSEARCA Exchange in the United States.VanEck Environmental Key Financial Ratios
VanEck Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VanEck Environmental's current stock value. Our valuation model uses many indicators to compare VanEck Environmental value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VanEck Environmental competition to find correlations between indicators driving VanEck Environmental's intrinsic value. More Info.VanEck Environmental Services is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for VanEck Environmental Services is roughly 9.86 . 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 Environmental's earnings, one of the primary drivers of an investment's value.VanEck Environmental Systematic Risk
VanEck Environmental's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. VanEck Environmental 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on VanEck Environmental correlated with the market. If Beta is less than 0 VanEck Environmental generally moves in the opposite direction as compared to the market. If VanEck Environmental Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VanEck Environmental is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VanEck Environmental is generally in the same direction as the market. If Beta > 1 VanEck Environmental moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as VanEck Environmental is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of VanEck has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if VanEck Environmental's financials are consistent with your investment objective using the following steps:- Review VanEck Environmental's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand VanEck Environmental's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare VanEck Environmental's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if VanEck Environmental's stock is overvalued or undervalued.
VanEck Environmental Thematic Clasifications
VanEck Environmental Services is part of several thematic ideas from Theme ETFs to Strategy 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 Environmental November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of VanEck Environmental help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of VanEck Environmental Services. We use our internally-developed statistical techniques to arrive at the intrinsic value of VanEck Environmental Services 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 Environmental's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.12 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 4.85 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 1.58 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in VanEck Environmental Services. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of VanEck Environmental 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 Environmental's value that differs from its market value or its book value, called intrinsic value, which is VanEck Environmental'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 Environmental's market value can be influenced by many factors that don't directly affect VanEck Environmental'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 Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Environmental'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.