VanEck AMX Financials
| TMX Etf | EUR 86.70 0.69 0.80% |
VanEck |
The data published in VanEck AMX's official financial statements typically reflect VanEck AMX'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 AMX's quantitative information. For example, before you start analyzing numbers published by VanEck accountants, it's essential to understand VanEck AMX's liquidity, profitability, and earnings quality within the context of the Think ETF Asset Management BV space in which it operates.
Please note, the imprecision that can be found in VanEck AMX's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of VanEck AMX UCITS. Check VanEck AMX's Beneish M Score to see the likelihood of VanEck AMX's management manipulating its earnings.
VanEck AMX Etf Summary
VanEck AMX competes with IShares Core, Pershing Square, ASML Holding, and Koninklijke Philips. The investment seeks to track the price and yield performance, before fees and expense, of the AMX index. THINK AMX is traded on Amsterdam Stock Exchange in Netherlands.| Instrument | Netherlands Etf |
| Exchange | Euronext Amsterdam |
| ISIN | NL0009272756 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Think ETF Asset Management BV |
| Benchmark | Dow Jones Industrial |
| Currency | EUR - Euro |
You should never invest in VanEck AMX without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of VanEck Etf, because this is throwing your money away. Analyzing the key information contained in VanEck AMX's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
VanEck AMX Key Financial Ratios
There are many critical financial ratios that VanEck AMX's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that VanEck AMX UCITS reports annually and quarterly.VanEck Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VanEck AMX's current stock value. Our valuation model uses many indicators to compare VanEck AMX value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VanEck AMX competition to find correlations between indicators driving VanEck AMX's intrinsic value. More Info.VanEck AMX UCITS is rated third largest ETF in one year return as compared to similar ETFs. It also is rated third largest ETF in three year return as compared to similar ETFs reporting about 2.31 of Three Year Return per One Year Return. 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 AMX's earnings, one of the primary drivers of an investment's value.VanEck AMX UCITS Systematic Risk
VanEck AMX's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. VanEck AMX 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on VanEck AMX UCITS correlated with the market. If Beta is less than 0 VanEck AMX generally moves in the opposite direction as compared to the market. If VanEck AMX Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VanEck AMX UCITS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VanEck AMX is generally in the same direction as the market. If Beta > 1 VanEck AMX moves generally in the same direction as, but more than the movement of the benchmark.
VanEck AMX December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of VanEck AMX help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of VanEck AMX UCITS. We use our internally-developed statistical techniques to arrive at the intrinsic value of VanEck AMX UCITS 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 AMX's daily price indicators and compare them against related drivers.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 3.63 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 1.51 |
Other Information on Investing in VanEck Etf
VanEck AMX financial ratios help investors to determine whether VanEck Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in VanEck with respect to the benefits of owning VanEck AMX security.