VanEck Low Financials
| SMOG Etf | USD 100.62 0.46 0.46% |
Net Expense Ratio 0.0061 | 3 y Sharp Ratio (0.62) |
VanEck |
The data published in VanEck Low's official financial statements typically reflect VanEck Low'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 Low's quantitative information. For example, before you start analyzing numbers published by VanEck accountants, it's essential to understand VanEck Low's liquidity, profitability, and earnings quality within the context of the VanEck space in which it operates.
VanEck Low Etf Summary
VanEck Low competes with SPDR Kensho, Global X, IShares Genomics, Morningstar Unconstrained, and High-yield Municipal. The fund normally invests at least 80 percent of its total assets in stocks of low carbon energy companies. Vaneck Low is traded on NYSEARCA Exchange in the United States.VanEck Low Key Financial Ratios
VanEck Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VanEck Low's current stock value. Our valuation model uses many indicators to compare VanEck Low value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VanEck Low competition to find correlations between indicators driving VanEck Low's intrinsic value. More Info.VanEck Low Carbon is rated third largest ETF in beta as compared to similar ETFs. It is presently regarded as number one ETF in one year return as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value VanEck Low 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 Low Carbon Systematic Risk
VanEck Low's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. VanEck Low 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 Low Carbon correlated with the market. If Beta is less than 0 VanEck Low generally moves in the opposite direction as compared to the market. If VanEck Low Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VanEck Low Carbon is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VanEck Low is generally in the same direction as the market. If Beta > 1 VanEck Low moves generally in the same direction as, but more than the movement of the benchmark.
About VanEck Low Financials
What exactly are VanEck Low 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 Low's income statement, its balance sheet, and the statement of cash flows. Potential VanEck Low investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although VanEck Low investors may use each financial statement separately, they are all related. The changes in VanEck Low's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on VanEck Low'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 Low Thematic Clasifications
VanEck Low Carbon 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 Low November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of VanEck Low help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of VanEck Low Carbon. We use our internally-developed statistical techniques to arrive at the intrinsic value of VanEck Low Carbon 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 Low's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.58 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 7.72 | |||
| Value At Risk | (2.35) | |||
| Potential Upside | 1.92 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VanEck Low Carbon. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of VanEck Low Carbon 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 Low's value that differs from its market value or its book value, called intrinsic value, which is VanEck Low'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 Low's market value can be influenced by many factors that don't directly affect VanEck Low'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 Low's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Low is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Low'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.