Vaneck Morningstar Durable Etf Price on October 24, 2024
DURA Etf | USD 35.09 0.10 0.29% |
Below is the normalized historical share price chart for VanEck Morningstar Durable extending back to October 31, 2018. 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 Morningstar stands at 35.09, as last reported on the 1st of December, with the highest price reaching 35.09 and the lowest price hitting 35.01 during the day.
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. At this point, VanEck Morningstar is very steady. VanEck Morningstar owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0839, which indicates the etf had a 0.0839% return per unit of risk over the last 3 months. We have found thirty technical indicators for VanEck Morningstar Durable, which you can use to evaluate the volatility of the etf. Please validate VanEck Morningstar's Semi Deviation of 0.4317, risk adjusted performance of 0.0713, and Coefficient Of Variation of 1003.8 to confirm if the risk estimate we provide is consistent with the expected return of 0.0433%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 14 | 200 Day MA 32.7908 | 1 y Volatility 8.69 | 50 Day MA 34.5904 | Inception Date 2018-10-30 |
VanEck |
Sharpe Ratio = 0.0839
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Negative Returns | DURA |
Estimated Market Risk
0.52 actual daily | 4 96% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average VanEck Morningstar is performing at about 6% 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 Morningstar by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 108.2 K |
VanEck Morningstar Valuation on October 24, 2024
It is possible to determine the worth of VanEck Morningstar on a given historical date. On October 24, 2024 VanEck was worth 34.58 at the beginning of the trading date compared to the closed value of 34.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Morningstar etf. Still, in general, we apply an absolute valuation method to find VanEck Morningstar'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 Morningstar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Morningstar's related companies.
Open | High | Low | Close | Volume | |
34.53 | 34.64 | 34.51 | 34.64 | 892.00 | |
10/24/2024 | 34.58 | 34.62 | 34.57 | 34.62 | 1,669 |
34.67 | 34.67 | 34.35 | 34.35 | 16,886 |
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VanEck Morningstar Trading Date Momentum on October 24, 2024
On October 25 2024 VanEck Morningstar Durable was traded for 34.35 at the closing time. The top price for the day was 34.67 and the lowest listed price was 34.35 . The trading volume for the day was 16.9 K. The trading history from October 25, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.78% . The trading price change against the current closing price is 1.04% . |
VanEck Morningstar Fundamentals Correlations and Trends
By evaluating VanEck Morningstar'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 Morningstar'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 Morningstar Etf history
VanEck Morningstar 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 Morningstar 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 Morningstar stock prices may prove useful in developing a viable investing in VanEck Morningstar
VanEck Morningstar Etf Technical Analysis
VanEck Morningstar 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 Morningstar Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
VanEck Morningstar Durable 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 Morningstar December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Morningstar 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 Morningstar shares will generate the highest return on investment. By undertsting and applying VanEck Morningstar etf market strength indicators, traders can identify VanEck Morningstar Durable entry and exit signals to maximize returns
VanEck Morningstar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Morningstar'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 | 0.0713 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.17) | |||
Treynor Ratio | 0.0856 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in VanEck Morningstar Durable. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of VanEck Morningstar 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 Morningstar's value that differs from its market value or its book value, called intrinsic value, which is VanEck Morningstar'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 Morningstar's market value can be influenced by many factors that don't directly affect VanEck Morningstar'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 Morningstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Morningstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Morningstar'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.