Van Eck Etf Price on June 24, 2024
| EFUT Etf | 19.63 0.00 0.00% |
If you're considering investing in Van Etf, it is important to understand the factors that can impact its price. As of today, the current price of Van Eck stands at 19.63, as last reported on the 27th of November, with the highest price reaching 19.63 and the lowest price hitting 19.63 during the day. Van Eck owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.23, which indicates the etf had a -0.23% return per unit of risk over the last 3 months. Van Eck exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Van Eck's Risk Adjusted Performance of (0.09), variance of 11.07, and Coefficient Of Variation of (798.10) to confirm the risk estimate we provide.
Van Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Van |
Sharpe Ratio = -0.2262
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Estimated Market Risk
| 2.24 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.51 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Van Eck 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 Van Eck by adding Van Eck to a well-diversified portfolio.
Van Eck Valuation on June 24, 2024
It is possible to determine the worth of Van Eck on a given historical date. On June 24, 2024 Van was worth 26.3 at the beginning of the trading date compared to the closed value of 26.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Van Eck etf. Still, in general, we apply an absolute valuation method to find Van Eck'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 Van Eck where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Van Eck's related companies.
| Open | High | Low | Close | Volume | |
| 27.23 | 27.59 | 27.17 | 27.59 | 13,637 | |
06/24/2024 | 26.30 | 26.34 | 25.92 | 26.03 | 29,921 |
| 26.54 | 26.95 | 26.54 | 26.83 | 18,988 |
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Van Eck Trading Date Momentum on June 24, 2024
| On June 25 2024 Van Eck was traded for 26.83 at the closing time. The top price for the day was 26.95 and the lowest listed price was 26.54 . The trading volume for the day was 19 K. The trading history from June 25, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 3.07% . The trading price change against the current closing price is 7.18% . |
About Van Eck Etf history
Van Eck 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 Van is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Van Eck 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 Van Eck stock prices may prove useful in developing a viable investing in Van Eck
Van Eck Etf Technical Analysis
Van Eck 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
Van Eck Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Van Eck 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.
Van Eck November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Van Eck etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Van Eck shares will generate the highest return on investment. By undertsting and applying Van Eck etf market strength indicators, traders can identify Van Eck entry and exit signals to maximize returns
Van Eck Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Van Eck's price direction in advance. Along with the technical and fundamental analysis of Van Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Van 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 | (0.09) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.94) | |||
| Treynor Ratio | 0.8421 |
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of Van Eck is measured differently than its book value, which is the value of Van that is recorded on the company's balance sheet. Investors also form their own opinion of Van Eck's value that differs from its market value or its book value, called intrinsic value, which is Van Eck'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 Van Eck's market value can be influenced by many factors that don't directly affect Van Eck'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 Van Eck's value and its price as these two are different measures arrived at by different means. Investors typically determine if Van Eck is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Van Eck'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.