VanEck ChiNext Etf Forecast - Daily Balance Of Power
| CNXT Etf | USD 28.04 0.42 1.48% |
VanEck Etf Forecast is based on your current time horizon.
VanEck |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.83) | (0.93) |
| Check VanEck ChiNext Volatility | Backtest VanEck ChiNext | Trend Details |
VanEck ChiNext Trading Date Momentum
| On June 24 2024 VanEck ChiNext ETF was traded for 22.18 at the closing time. The top price for the day was 22.22 and the lowest listed price was 22.07 . The trading volume for the day was 3 K. The trading history from June 24, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.81% . The trading price change against the current closing price is 2.19% . |
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.
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Other Forecasting Options for VanEck ChiNext
For every potential investor in VanEck, whether a beginner or expert, VanEck ChiNext'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 ChiNext's price trends.VanEck ChiNext 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 ChiNext etf to make a market-neutral strategy. Peer analysis of VanEck ChiNext could also be used in its relative valuation, which is a method of valuing VanEck ChiNext by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
VanEck ChiNext 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 ChiNext'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 ChiNext's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
VanEck ChiNext Market Strength Events
Market strength indicators help investors to evaluate how VanEck ChiNext 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 ChiNext shares will generate the highest return on investment. By undertsting and applying VanEck ChiNext etf market strength indicators, traders can identify VanEck ChiNext ETF entry and exit signals to maximize returns.
| Accumulation Distribution | 103.4 | |||
| Daily Balance Of Power | (1.83) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 28.14 | |||
| Day Typical Price | 28.1 | |||
| Price Action Indicator | (0.31) | |||
| Period Momentum Indicator | (0.42) |
VanEck ChiNext Risk Indicators
The analysis of VanEck ChiNext'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 ChiNext'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 | 3.73 | |||
| Semi Deviation | 4.28 | |||
| Standard Deviation | 5.8 | |||
| Variance | 33.64 | |||
| Downside Variance | 22.76 | |||
| Semi Variance | 18.29 | |||
| Expected Short fall | (4.85) |
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.
Thematic Opportunities
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Check out Historical Fundamental Analysis of VanEck ChiNext to cross-verify your projections. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of VanEck ChiNext 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 ChiNext's value that differs from its market value or its book value, called intrinsic value, which is VanEck ChiNext'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 ChiNext's market value can be influenced by many factors that don't directly affect VanEck ChiNext'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 ChiNext's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck ChiNext is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck ChiNext'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.