VanEck Gold (Switzerland) Price on November 27, 2024
| GDX Etf | CHF 37.15 0.24 0.64% |
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 Gold stands at 37.15, as last reported on the 11th of December 2024, with the highest price reaching 37.66 and the lowest price hitting 37.09 during the day. At this stage we consider VanEck Etf to be very steady. VanEck Gold Miners owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0141, which indicates the etf had a 0.0141% return per unit of risk over the last 3 months. We have found thirty technical indicators for VanEck Gold Miners, which you can use to evaluate the volatility of the etf. Please validate VanEck Gold's Risk Adjusted Performance of 0.0552, coefficient of variation of 1477.06, and Semi Deviation of 1.9 to confirm if the risk estimate we provide is consistent with the expected return of 0.0256%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VanEck |
Sharpe Ratio = 0.0141
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| Negative Returns | GDX |
Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average VanEck Gold is performing at about 1% 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 Gold by adding it to a well-diversified portfolio.
VanEck Gold Valuation on November 27, 2024
It is possible to determine the worth of VanEck Gold on a given historical date. On November 27, 2024 VanEck was worth 37.0 at the beginning of the trading date compared to the closed value of 36.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Gold etf. Still, in general, we apply an absolute valuation method to find VanEck Gold'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 Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Gold's related companies.
| Open | High | Low | Close | Volume | |
| 36.15 | 36.71 | 36.15 | 36.58 | 5,487 | |
11/27/2024 | 37.00 | 37.00 | 36.99 | 36.99 | 341.00 |
| 36.50 | 36.90 | 36.50 | 36.67 | 1,685 |
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VanEck Gold Trading Date Momentum on November 27, 2024
| On November 28 2024 VanEck Gold Miners was traded for 36.67 at the closing time. The maximum traded price for the trading interval was 36.90 and the lowest daily price was 36.50 . The daily volume was recorded at 1.7 K. The volume of trading on 28th of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.87% . The trading price change to the closing price today is 0.70% . |
VanEck Gold Miners Fundamentals Correlations and Trends
By evaluating VanEck Gold'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 Gold'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 Gold Etf history
VanEck Gold 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 Gold Miners 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 Gold stock prices may prove useful in developing a viable investing in VanEck Gold
VanEck Gold Etf Technical Analysis
VanEck Gold 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 Gold Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
VanEck Gold Miners cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss 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 Gold December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Gold 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 Gold shares will generate the highest return on investment. By undertsting and applying VanEck Gold etf market strength indicators, traders can identify VanEck Gold Miners entry and exit signals to maximize returns
VanEck Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Gold'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 | 0.0552 | |||
| Jensen Alpha | 0.1393 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0033 | |||
| Treynor Ratio | (0.76) |
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Additional Information and Resources on Investing in VanEck Etf
When determining whether VanEck Gold Miners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vaneck Gold Miners Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Gold Miners Etf:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Gold Miners. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.