Vaneck Gaming Etf Buy Hold or Sell Recommendation
| BJK Etf | USD 44.00 0.41 0.94% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding VanEck Gaming ETF is 'Strong Sell'. The recommendation algorithm takes into account all of VanEck Gaming's available fundamental, technical, and predictive indicators you will find on this site.
Check out VanEck Gaming Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as VanEck and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards VanEck Gaming 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 inflation.
VanEck |
Execute VanEck Gaming Buy or Sell Advice
The VanEck recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on VanEck Gaming ETF. Macroaxis does not own or have any residual interests in VanEck Gaming ETF or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute VanEck Gaming's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
VanEck Gaming Trading Alerts and Improvement Suggestions
| The fund generated three year return of -1.0% | |
| VanEck Gaming ETF holds 98.46% of its assets under management (AUM) in equities |
VanEck Gaming Returns Distribution Density
The distribution of VanEck Gaming's historical returns is an attempt to chart the uncertainty of VanEck Gaming's future price movements. The chart of the probability distribution of VanEck Gaming daily returns describes the distribution of returns around its average expected value. We use VanEck Gaming ETF price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of VanEck Gaming returns is essential to provide solid investment advice for VanEck Gaming.
| Mean Return | 0.11 | Value At Risk | -1.97 | Potential Upside | 1.43 | Standard Deviation | 1.08 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of VanEck Gaming historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
VanEck Gaming Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to VanEck Gaming or VanEck sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that VanEck Gaming's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a VanEck etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 1.08 | |
Ir | Information ratio | -0.02 |
VanEck Gaming Volatility Alert
VanEck Gaming ETF has relatively low volatility with skewness of -0.26 and kurtosis of 1.17. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure VanEck Gaming's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact VanEck Gaming's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.VanEck Gaming Fundamentals Vs Peers
Comparing VanEck Gaming's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze VanEck Gaming's direct or indirect competition across all of the common fundamentals between VanEck Gaming and the related equities. This way, we can detect undervalued stocks with similar characteristics as VanEck Gaming or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of VanEck Gaming's fundamental indicators could also be used in its relative valuation, which is a method of valuing VanEck Gaming by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare VanEck Gaming to competition |
| Fundamentals | VanEck Gaming | Peer Average |
| Price To Earning | 21.16 X | 3.15 X |
| Price To Book | 2.71 X | 0.39 X |
| Price To Sales | 2.32 X | 0.33 X |
| Beta | 1.14 | |
| One Year Return | 11.10 % | (0.97) % |
| Three Year Return | (0.90) % | 3.23 % |
| Five Year Return | 3.10 % | 1.12 % |
| Ten Year Return | 2.30 % | 1.20 % |
| Net Asset | 60.56 M | 2.29 B |
| Last Dividend Paid | 1.23 | 0.14 |
| Equity Positions Weight | 98.46 % | 52.82 % |
VanEck Gaming Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as VanEck . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About VanEck Gaming Buy or Sell Advice
When is the right time to buy or sell VanEck Gaming ETF? Buying financial instruments such as VanEck Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out VanEck Gaming Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of VanEck Gaming 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 Gaming's value that differs from its market value or its book value, called intrinsic value, which is VanEck Gaming'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 Gaming's market value can be influenced by many factors that don't directly affect VanEck Gaming'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 Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Gaming'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.