Vaneck Vietnam Etf Probability of Future Etf Price Finishing Over 11.38
| VNM Etf | USD 11.59 0.04 0.34% |
VanEck |
VanEck Vietnam Target Price Odds to finish over 11.38
The tendency of VanEck Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 11.38 in 90 days |
| 11.59 | 90 days | 11.38 | close to 99 |
Based on a normal probability distribution, the odds of VanEck Vietnam to stay above $ 11.38 in 90 days from now is close to 99 (This VanEck Vietnam ETF probability density function shows the probability of VanEck Etf to fall within a particular range of prices over 90 days) . Probability of VanEck Vietnam ETF price to stay between $ 11.38 and its current price of $11.59 at the end of the 90-day period is roughly 2.72 .
Considering the 90-day investment horizon VanEck Vietnam has a beta of 0.6. This entails as returns on the market go up, VanEck Vietnam average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding VanEck Vietnam ETF will be expected to be much smaller as well. Additionally VanEck Vietnam ETF has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. VanEck Vietnam Price Density |
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Predictive Modules for VanEck Vietnam
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as VanEck Vietnam ETF. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.VanEck Vietnam Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. VanEck Vietnam is not an exception. The market had few large corrections towards the VanEck Vietnam's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold VanEck Vietnam ETF, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of VanEck Vietnam within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | 0.60 | |
σ | Overall volatility | 0.38 | |
Ir | Information ratio | -0.25 |
VanEck Vietnam Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of VanEck Vietnam for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for VanEck Vietnam ETF can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| VanEck Vietnam ETF generated a negative expected return over the last 90 days | |
| Latest headline from gurufocus.com: Vietnams Economic Vulnerability Amid Possible Trump Tariff Threat | |
| This fund generated-4.0 ten year return of -4.0% | |
| VanEck Vietnam keeps 99.54% of its net assets in stocks |
VanEck Vietnam Technical Analysis
VanEck Vietnam's future price can be derived by breaking down and analyzing its technical indicators over time. VanEck Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of VanEck Vietnam ETF. In general, you should focus on analyzing VanEck Etf price patterns and their correlations with different microeconomic environments and drivers.
VanEck Vietnam Predictive Forecast Models
VanEck Vietnam's time-series forecasting models is one of many VanEck Vietnam's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary VanEck Vietnam's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about VanEck Vietnam ETF
Checking the ongoing alerts about VanEck Vietnam for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for VanEck Vietnam ETF help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| VanEck Vietnam ETF generated a negative expected return over the last 90 days | |
| Latest headline from gurufocus.com: Vietnams Economic Vulnerability Amid Possible Trump Tariff Threat | |
| This fund generated-4.0 ten year return of -4.0% | |
| VanEck Vietnam keeps 99.54% of its net assets in stocks |
Check out VanEck Vietnam Backtesting, Portfolio Optimization, VanEck Vietnam Correlation, VanEck Vietnam Hype Analysis, VanEck Vietnam Volatility, VanEck Vietnam History as well as VanEck Vietnam Performance. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of VanEck Vietnam 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 Vietnam's value that differs from its market value or its book value, called intrinsic value, which is VanEck Vietnam'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 Vietnam's market value can be influenced by many factors that don't directly affect VanEck Vietnam'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 Vietnam's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Vietnam is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Vietnam'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.