Vaneck Jp Morgan Etf Price on September 4, 2024
EMLC Etf | USD 23.72 0.04 0.17% |
Below is the normalized historical share price chart for VanEck JP Morgan extending back to July 23, 2010. 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 JP stands at 23.72, as last reported on the 22nd of November, with the highest price reaching 23.80 and the lowest price hitting 23.68 during the day.
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. VanEck JP Morgan owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the etf had a -0.12% return per unit of risk over the last 3 months. VanEck JP Morgan exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck JP's Coefficient Of Variation of (1,051), variance of 0.2768, and Risk Adjusted Performance of (0.08) 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 10.25 | 200 Day MA 24.405 | 1 y Volatility 9.8 | 50 Day MA 24.5302 | Inception Date 2010-07-22 |
VanEck |
Sharpe Ratio = -0.1219
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Estimated Market Risk
0.49 actual daily | 4 96% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VanEck JP 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 JP by adding VanEck JP to a well-diversified portfolio.
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VanEck JP Valuation on September 4, 2024
It is possible to determine the worth of VanEck JP on a given historical date. On September 4, 2024 VanEck was worth 24.35 at the beginning of the trading date compared to the closed value of 24.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck JP etf. Still, in general, we apply an absolute valuation method to find VanEck JP'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 JP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck JP's related companies.
Open | High | Low | Close | Volume | |
24.37 | 24.37 | 24.29 | 24.30 | 648,192 | |
09/04/2024 | 24.35 | 24.47 | 24.35 | 24.42 | 296,266 |
24.54 | 24.55 | 24.48 | 24.54 | 1,529,968 |
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VanEck JP Trading Date Momentum on September 4, 2024
On September 05 2024 VanEck JP Morgan was traded for 24.54 at the closing time. The top price for the day was 24.55 and the lowest listed price was 24.48 . The trading volume for the day was 1.5 M. The trading history from September 5, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.49% . The trading price change against the current closing price is 1.72% . |
VanEck JP Morgan Fundamentals Correlations and Trends
By evaluating VanEck JP'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 JP'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 JP Etf history
VanEck JP 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 JP Morgan 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 JP stock prices may prove useful in developing a viable investing in VanEck JP
VanEck JP Etf Technical Analysis
VanEck JP 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 JP Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
VanEck JP Morgan 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 JP November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck JP 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 JP shares will generate the highest return on investment. By undertsting and applying VanEck JP etf market strength indicators, traders can identify VanEck JP Morgan entry and exit signals to maximize returns
VanEck JP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck JP'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 | (0.08) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.12) | |||
Treynor Ratio | (3.71) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in VanEck JP Morgan. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of VanEck JP Morgan 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 JP's value that differs from its market value or its book value, called intrinsic value, which is VanEck JP'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 JP's market value can be influenced by many factors that don't directly affect VanEck JP'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 JP's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck JP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck JP'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.