Vaneck Fallen Angel Etf Price on September 20, 2024
| ANGL Etf | USD 29.18 0.10 0.34% |
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. As of today, the current price of VanEck Fallen stands at 29.18, as last reported on the 29th of November, with the highest price reaching 29.20 and the lowest price hitting 29.12 during the day. As of now, VanEck Etf is very steady. VanEck Fallen Angel owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the etf had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for VanEck Fallen Angel, which you can use to evaluate the volatility of the etf. Please validate VanEck Fallen's Semi Deviation of 0.1413, risk adjusted performance of 0.0619, and Coefficient Of Variation of 913.6 to confirm if the risk estimate we provide is consistent with the expected return of 0.0305%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VanEck |
Sharpe Ratio = 0.1277
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| Negative Returns | ANGL |
Estimated Market Risk
| 0.24 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average VanEck Fallen is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of VanEck Fallen by adding it to a well-diversified portfolio.
VanEck Fallen Valuation on September 20, 2024
It is possible to determine the worth of VanEck Fallen on a given historical date. On September 20, 2024 VanEck was worth 29.08 at the beginning of the trading date compared to the closed value of 29.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Fallen etf. Still, in general, we apply an absolute valuation method to find VanEck Fallen's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of VanEck Fallen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Fallen's related companies.
| Open | High | Low | Close | Volume | |
| 29.17 | 29.17 | 29.08 | 29.11 | 1,042,599 | |
09/20/2024 | 29.08 | 29.11 | 29.00 | 29.08 | 427,636 |
| 29.08 | 29.10 | 29.03 | 29.07 | 510,694 |
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VanEck Fallen Trading Date Momentum on September 20, 2024
| On September 23 2024 VanEck Fallen Angel was traded for 29.07 at the closing time. The top price for the day was 29.10 and the lowest listed price was 29.03 . The trading volume for the day was 510.7 K. The trading history from September 23, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.03% . The trading price change against the current closing price is 0.17% . |
VanEck Fallen Angel Fundamentals Correlations and Trends
By evaluating VanEck Fallen's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among VanEck Fallen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. VanEck financial account trend analysis is a perfect complement when working with valuation or volatility modules.About VanEck Fallen Etf history
VanEck Fallen investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for VanEck is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in VanEck Fallen Angel will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing VanEck Fallen stock prices may prove useful in developing a viable investing in VanEck Fallen
VanEck Fallen Etf Technical Analysis
VanEck Fallen technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
VanEck Fallen Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
VanEck Fallen Angel cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
VanEck Fallen November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Fallen 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 Fallen shares will generate the highest return on investment. By undertsting and applying VanEck Fallen etf market strength indicators, traders can identify VanEck Fallen Angel entry and exit signals to maximize returns
VanEck Fallen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Fallen's price direction in advance. Along with the technical and fundamental analysis of VanEck Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of VanEck to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0619 | |||
| Jensen Alpha | 0.0157 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.41) | |||
| Treynor Ratio | 3.95 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck Fallen Angel. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of VanEck Fallen Angel 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 Fallen's value that differs from its market value or its book value, called intrinsic value, which is VanEck Fallen'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 Fallen's market value can be influenced by many factors that don't directly affect VanEck Fallen'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 Fallen's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Fallen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Fallen'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.