VanEck Biotech Etf Forecast - Daily Balance Of Power
| BBH Etf | USD 167.03 1.59 0.96% |
VanEck Etf Forecast is based on your current time horizon. We recommend always using this module together with an analysis of VanEck Biotech's historical fundamentals, such as revenue growth or operating cash flow patterns.
VanEck |
Open Interest Against 2024-12-20 VanEck Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast VanEck Biotech's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in VanEck Biotech's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for VanEck Biotech stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current VanEck Biotech's open interest, investors have to compare it to VanEck Biotech's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of VanEck Biotech is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in VanEck. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.99) | 0.527 |
| Check VanEck Biotech Volatility | Backtest VanEck Biotech | Trend Details |
VanEck Biotech Trading Date Momentum
| On October 21 2024 VanEck Biotech ETF was traded for 175.13 at the closing time. Highest VanEck Biotech's price during the trading hours was 177.02 and the lowest price during the day was 174.98 . The net volume was 3.7 K. The overall trading history on the 21st of October contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.26% . The trading price change to current price is 1.48% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare VanEck Biotech to competition |
Other Forecasting Options for VanEck Biotech
For every potential investor in VanEck, whether a beginner or expert, VanEck Biotech's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. VanEck Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in VanEck. Basic forecasting techniques help filter out the noise by identifying VanEck Biotech's price trends.VanEck Biotech Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with VanEck Biotech etf to make a market-neutral strategy. Peer analysis of VanEck Biotech could also be used in its relative valuation, which is a method of valuing VanEck Biotech by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
VanEck Biotech ETF Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of VanEck Biotech's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of VanEck Biotech's current price.| Cycle Indicators | ||
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| Momentum Indicators | ||
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| Volume Indicators |
VanEck Biotech Market Strength Events
Market strength indicators help investors to evaluate how VanEck Biotech etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VanEck Biotech shares will generate the highest return on investment. By undertsting and applying VanEck Biotech etf market strength indicators, traders can identify VanEck Biotech ETF entry and exit signals to maximize returns.
VanEck Biotech Risk Indicators
The analysis of VanEck Biotech's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in VanEck Biotech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vaneck etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.7652 | |||
| Standard Deviation | 1.05 | |||
| Variance | 1.11 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether VanEck Biotech ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck Biotech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vaneck Biotech Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Biotech Etf:Check out Historical Fundamental Analysis of VanEck Biotech to cross-verify your projections. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of VanEck Biotech 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 Biotech's value that differs from its market value or its book value, called intrinsic value, which is VanEck Biotech'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 Biotech's market value can be influenced by many factors that don't directly affect VanEck Biotech'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 Biotech's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Biotech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Biotech'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.