Vaneck China Bond Etf Price on October 1, 2024
| CBON Etf | USD 22.11 0.04 0.18% |
Below is the normalized historical share price chart for VanEck China Bond extending back to November 11, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of VanEck China stands at 22.11, as last reported on the 28th of November, with the highest price reaching 22.12 and the lowest price hitting 22.10 during the day.
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. VanEck China Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.059, which indicates the etf had a -0.059% return per unit of risk over the last 3 months. VanEck China Bond exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck China's Variance of 0.1268, risk adjusted performance of (0.05), and Coefficient Of Variation of (2,259) to confirm the risk estimate we provide.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 5.94 | 200 Day MA 22.1041 | 1 y Volatility 4.11 | 50 Day MA 22.4127 | Inception Date 2014-11-10 |
VanEck |
Sharpe Ratio = -0.059
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| Negative Returns | CBON |
Estimated Market Risk
| 0.35 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VanEck China is not performing at its full potential. However, 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 China by adding VanEck China to a well-diversified portfolio.
Average Mkt Cap Mil 957.92283 | Market Capitalisation {Big=0, Small=0, Mega=0, Medium=4.0E-5, Micro=0} |
VanEck China Valuation on October 1, 2024
It is possible to determine the worth of VanEck China on a given historical date. On October 1, 2024 VanEck was worth 22.67 at the beginning of the trading date compared to the closed value of 22.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck China etf. Still, in general, we apply an absolute valuation method to find VanEck China'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 China where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck China's related companies.
| Open | High | Low | Close | Volume | |
| 22.78 | 22.78 | 22.73 | 22.73 | 5,229 | |
10/01/2024 | 22.67 | 22.67 | 22.60 | 22.63 | 4,144 |
| 22.65 | 22.66 | 22.61 | 22.61 | 1,574 |
| Backtest VanEck China | | | VanEck China History | | | VanEck China Valuation | Previous | Next |
VanEck China Trading Date Momentum on October 1, 2024
| On October 02 2024 VanEck China Bond was traded for 22.61 at the closing time. The top price for the day was 22.66 and the lowest listed price was 22.61 . The trading volume for the day was 1.6 K. The trading history from October 2, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.09% . The trading price change against the current closing price is 0.44% . |
VanEck China Bond Fundamentals Correlations and Trends
By evaluating VanEck China'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 China'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 China Etf history
VanEck China 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 China Bond 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 China stock prices may prove useful in developing a viable investing in VanEck China
VanEck China Etf Technical Analysis
VanEck China 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 China Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
VanEck China Bond cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 China November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck China 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 China shares will generate the highest return on investment. By undertsting and applying VanEck China etf market strength indicators, traders can identify VanEck China Bond entry and exit signals to maximize returns
VanEck China Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck China'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 | (0.05) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.235 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck China Bond. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of VanEck China Bond 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 China's value that differs from its market value or its book value, called intrinsic value, which is VanEck China'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 China's market value can be influenced by many factors that don't directly affect VanEck China'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 China's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck China'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.