VanEck Semiconductor Financials
| SMH Etf | USD 241.42 2.24 0.92% |
Net Expense Ratio 0.0035 | 3 y Sharp Ratio 0.63 |
VanEck |
The data published in VanEck Semiconductor's official financial statements typically reflect VanEck Semiconductor'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 Semiconductor's quantitative information. For example, before you start analyzing numbers published by VanEck accountants, it's essential to understand VanEck Semiconductor's liquidity, profitability, and earnings quality within the context of the VanEck space in which it operates.
VanEck Semiconductor Etf Summary
VanEck Semiconductor competes with IShares Semiconductor, Technology Select, Financial Select, Consumer Discretionary, and Industrial Select. The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Semiconductor is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| ISIN | US92189F6768 |
| CUSIP | 92189F676 57060U233 816636203 |
| Region | Global |
| Investment Issuer | Van Eck |
| Etf Family | VanEck |
| Fund Category | Sector |
| Portfolio Concentration | Information Technology |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
VanEck Semiconductor Key Financial Ratios
VanEck Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VanEck Semiconductor's current stock value. Our valuation model uses many indicators to compare VanEck Semiconductor value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VanEck Semiconductor competition to find correlations between indicators driving VanEck Semiconductor's intrinsic value. More Info.VanEck Semiconductor ETF is presently regarded as number one ETF in price to earning as compared to similar ETFs. It also is presently regarded as number one ETF in price to book as compared to similar ETFs fabricating about 0.19 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for VanEck Semiconductor ETF is roughly 5.23 . 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 Semiconductor's earnings, one of the primary drivers of an investment's value.VanEck Semiconductor ETF Systematic Risk
VanEck Semiconductor's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. VanEck Semiconductor 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 Semiconductor ETF correlated with the market. If Beta is less than 0 VanEck Semiconductor generally moves in the opposite direction as compared to the market. If VanEck Semiconductor Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VanEck Semiconductor ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VanEck Semiconductor is generally in the same direction as the market. If Beta > 1 VanEck Semiconductor moves generally in the same direction as, but more than the movement of the benchmark.
About VanEck Semiconductor Financials
What exactly are VanEck Semiconductor 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 Semiconductor's income statement, its balance sheet, and the statement of cash flows. Potential VanEck Semiconductor investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although VanEck Semiconductor investors may use each financial statement separately, they are all related. The changes in VanEck Semiconductor's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on VanEck Semiconductor'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 Semiconductor Thematic Clasifications
VanEck Semiconductor ETF is part of several thematic ideas from Sector ETFs to Information Technology 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 Semiconductor November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of VanEck Semiconductor help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of VanEck Semiconductor ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of VanEck Semiconductor ETF 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 Semiconductor's daily price indicators and compare them against related drivers.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 10.57 | |||
| Value At Risk | (3.59) | |||
| Potential Upside | 2.62 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VanEck Semiconductor ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of VanEck Semiconductor ETF 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 Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is VanEck Semiconductor'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 Semiconductor's market value can be influenced by many factors that don't directly affect VanEck Semiconductor'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 Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Semiconductor'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.