VanEck CEF Financials
| XMPT Etf | USD 22.37 0.11 0.49% |
Net Expense Ratio 0.0182 | 3 y Sharp Ratio (0.39) |
VanEck |
The data published in VanEck CEF's official financial statements typically reflect VanEck CEF'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 CEF's quantitative information. For example, before you start analyzing numbers published by VanEck accountants, it's essential to understand VanEck CEF'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 CEF's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of VanEck CEF Municipal. Check VanEck CEF's Beneish M Score to see the likelihood of VanEck CEF's management manipulating its earnings.
VanEck CEF Etf Summary
VanEck CEF competes with SPDR Nuveen, VanEck High, VanEck Short, VanEck Long. The fund normally invests at least 80 percent of its total assets in investments the income from which is exempt from U.S. federal income tax . Vaneck CEF is traded on BATS Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| ISIN | US92189F4607 |
| CUSIP | 92189F460 57060U332 |
| Region | North America |
| Investment Issuer | Van Eck |
| Etf Family | VanEck |
| Fund Category | Municipals |
| Portfolio Concentration | Broad Municipals |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
VanEck CEF Key Financial Ratios
VanEck Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VanEck CEF's current stock value. Our valuation model uses many indicators to compare VanEck CEF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VanEck CEF competition to find correlations between indicators driving VanEck CEF's intrinsic value. More Info.VanEck CEF Municipal is rated second in price to earning as compared to similar ETFs. It is rated second in price to book as compared to similar ETFs fabricating about 0.96 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for VanEck CEF Municipal is roughly 1.04 . Comparative valuation analysis is a catch-all technique that is used if you cannot value VanEck CEF 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 CEF Municipal Systematic Risk
VanEck CEF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. VanEck CEF 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 CEF Municipal correlated with the market. If Beta is less than 0 VanEck CEF generally moves in the opposite direction as compared to the market. If VanEck CEF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VanEck CEF Municipal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VanEck CEF is generally in the same direction as the market. If Beta > 1 VanEck CEF 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 CEF 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 CEF's financials are consistent with your investment objective using the following steps:- Review VanEck CEF'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 CEF'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 CEF'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 CEF's stock is overvalued or undervalued.
VanEck CEF Thematic Clasifications
VanEck CEF Municipal is part of several thematic ideas from Municipals ETFs to Broad Municipals 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 CEF November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of VanEck CEF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of VanEck CEF Municipal. We use our internally-developed statistical techniques to arrive at the intrinsic value of VanEck CEF Municipal 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 CEF's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.523 | |||
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 2.07 | |||
| Value At Risk | (0.83) | |||
| Potential Upside | 0.7499 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in VanEck CEF Municipal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of VanEck CEF Municipal 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 CEF's value that differs from its market value or its book value, called intrinsic value, which is VanEck CEF'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 CEF's market value can be influenced by many factors that don't directly affect VanEck CEF'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 CEF's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck CEF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck CEF'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.