VanEck Preferred Financials
| PFXF Etf | USD 17.99 0.10 0.55% |
Net Expense Ratio 0.0041 | 3 y Sharp Ratio (0.19) |
VanEck |
The data published in VanEck Preferred's official financial statements typically reflect VanEck Preferred'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 Preferred's quantitative information. For example, before you start analyzing numbers published by VanEck accountants, it's essential to understand VanEck Preferred's liquidity, profitability, and earnings quality within the context of the VanEck space in which it operates.
VanEck Preferred Etf Summary
VanEck Preferred competes with ETF Series, Morningstar Unconstrained, High-yield Municipal, Thrivent High, and Via Renewables. The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Prfd is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US92189F4292 |
| CUSIP | 92189F429 57061R791 |
| Region | Global |
| Investment Issuer | Van Eck |
| Etf Family | VanEck |
| Fund Category | Strategy |
| Portfolio Concentration | Preferred Stock |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
VanEck Preferred Key Financial Ratios
VanEck Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VanEck Preferred's current stock value. Our valuation model uses many indicators to compare VanEck Preferred value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VanEck Preferred competition to find correlations between indicators driving VanEck Preferred's intrinsic value. More Info.VanEck Preferred Securities is rated number one ETF in price to earning as compared to similar ETFs. It is regarded second largest ETF in price to book as compared to similar ETFs fabricating about 0.18 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for VanEck Preferred Securities is roughly 5.45 . Comparative valuation analysis is a catch-all technique that is used if you cannot value VanEck Preferred 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 Preferred Sec Systematic Risk
VanEck Preferred's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. VanEck Preferred 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 Preferred Sec correlated with the market. If Beta is less than 0 VanEck Preferred generally moves in the opposite direction as compared to the market. If VanEck Preferred Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VanEck Preferred Sec is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VanEck Preferred is generally in the same direction as the market. If Beta > 1 VanEck Preferred moves generally in the same direction as, but more than the movement of the benchmark.
About VanEck Preferred Financials
What exactly are VanEck Preferred 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 Preferred's income statement, its balance sheet, and the statement of cash flows. Potential VanEck Preferred investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although VanEck Preferred investors may use each financial statement separately, they are all related. The changes in VanEck Preferred's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on VanEck Preferred'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 Preferred Thematic Clasifications
VanEck Preferred Securities is part of several thematic ideas from Strategy ETFs to Preferred Stock 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 Preferred November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of VanEck Preferred help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of VanEck Preferred Securities. We use our internally-developed statistical techniques to arrive at the intrinsic value of VanEck Preferred Securities 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 Preferred's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5837 | |||
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 2.31 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 0.7218 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in VanEck Preferred Securities. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of VanEck Preferred Sec 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 Preferred's value that differs from its market value or its book value, called intrinsic value, which is VanEck Preferred'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 Preferred's market value can be influenced by many factors that don't directly affect VanEck Preferred'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 Preferred's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Preferred is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Preferred'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.