Vaneck Cmci Commodity Etf Price on December 3, 2024
| CMCI Etf | USD 21.60 3.81 14.99% |
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 CMCI stands at 21.60, as last reported on the 11th of December 2024, with the highest price reaching 21.60 and the lowest price hitting 21.60 during the day. VanEck CMCI Commodity owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0751, which indicates the etf had a -0.0751% return per unit of risk over the last 3 months. VanEck CMCI Commodity exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck CMCI's Semi Deviation of 0.7558, coefficient of variation of 924.59, and Risk Adjusted Performance of 0.0797 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.
VanEck |
Sharpe Ratio = -0.0751
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| Negative Returns | CMCI |
Estimated Market Risk
| 2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VanEck CMCI 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 CMCI by adding VanEck CMCI to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
VanEck CMCI Valuation on December 3, 2024
It is possible to determine the worth of VanEck CMCI on a given historical date. On December 3, 2024 VanEck was worth 25.22 at the beginning of the trading date compared to the closed value of 25.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck CMCI etf. Still, in general, we apply an absolute valuation method to find VanEck CMCI'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 CMCI where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck CMCI's related companies.
| Open | High | Low | Close | Volume | |
| 24.98 | 25.10 | 24.92 | 25.10 | 2,851 | |
12/03/2024 | 25.22 | 25.22 | 25.22 | 25.22 | 100.00 |
| 25.07 | 25.28 | 25.07 | 25.18 | 400.00 |
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VanEck CMCI Trading Date Momentum on December 3, 2024
| On December 04 2024 VanEck CMCI Commodity was traded for 25.18 at the closing time. The top price for the day was 25.28 and the lowest listed price was 25.07 . The trading volume for the day was 400. The trading history from December 4, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.16% . The trading price change against the current closing price is 0.75% . |
VanEck CMCI Commodity Fundamentals Correlations and Trends
By evaluating VanEck CMCI'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 CMCI'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 CMCI Etf history
VanEck CMCI 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 CMCI Commodity 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 CMCI stock prices may prove useful in developing a viable investing in VanEck CMCI
China Modern Agricultural Information, Inc. produces and distributes raw fresh milk to manufacturing and distribution companies of dairy products in China. It is also involved in the processing and sale of organic fertilizers and assisting farmers with their fresh milk sale efforts. China Modern is traded on OTC Exchange in the United States.
VanEck CMCI Etf Technical Analysis
VanEck CMCI 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 CMCI Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
VanEck CMCI Commodity cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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 CMCI December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck CMCI 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 CMCI shares will generate the highest return on investment. By undertsting and applying VanEck CMCI etf market strength indicators, traders can identify VanEck CMCI Commodity entry and exit signals to maximize returns
VanEck CMCI Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck CMCI'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 | 0.0797 | |||
| Jensen Alpha | 0.1127 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.31) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck CMCI Commodity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of VanEck CMCI Commodity 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 CMCI's value that differs from its market value or its book value, called intrinsic value, which is VanEck CMCI'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 CMCI's market value can be influenced by many factors that don't directly affect VanEck CMCI'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 CMCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck CMCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck CMCI'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.