Vaneck Green Bond Etf Price on August 12, 2024
| GRNB Etf | USD 24.08 0.06 0.25% |
Below is the normalized historical share price chart for VanEck Green Bond extending back to March 06, 2017. 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 Green stands at 24.08, as last reported on the 28th of November, with the highest price reaching 24.15 and the lowest price hitting 24.08 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 Green is very steady. VanEck Green Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.007, which indicates the etf had a 0.007% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for VanEck Green Bond, which you can use to evaluate the volatility of the etf. Please validate VanEck Green's Variance of 0.0469, coefficient of variation of (21,078), and Risk Adjusted Performance of (0.03) to confirm if the risk estimate we provide is consistent with the expected return of 0.0015%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 6.59 | 200 Day MA 23.8513 | 1 y Volatility 5.86 | 50 Day MA 24.1643 | Inception Date 2017-03-03 |
VanEck |
Sharpe Ratio = 0.007
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| Negative Returns | GRNB |
Estimated Market Risk
| 0.22 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VanEck Green 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 Green by adding VanEck Green to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
VanEck Green Valuation on August 12, 2024
It is possible to determine the worth of VanEck Green on a given historical date. On August 12, 2024 VanEck was worth 23.78 at the beginning of the trading date compared to the closed value of 23.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Green etf. Still, in general, we apply an absolute valuation method to find VanEck Green'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 Green where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Green's related companies.
| Open | High | Low | Close | Volume | |
| 23.85 | 23.85 | 23.81 | 23.82 | 4,997 | |
08/12/2024 | 23.78 | 23.91 | 23.78 | 23.86 | 27,402 |
| 23.92 | 23.95 | 23.90 | 23.93 | 9,737 |
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VanEck Green Trading Date Momentum on August 12, 2024
| On August 13 2024 VanEck Green Bond was traded for 23.93 at the closing time. The top price for the day was 23.95 and the lowest listed price was 23.90 . The trading volume for the day was 9.7 K. The trading history from August 13, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.29% . The trading price change against the current closing price is 0.84% . |
VanEck Green Bond Fundamentals Correlations and Trends
By evaluating VanEck Green'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 Green'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 Green Etf history
VanEck Green 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 Green Bond 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 Green stock prices may prove useful in developing a viable investing in VanEck Green
VanEck Green Etf Technical Analysis
VanEck Green 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 Green Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
VanEck Green Bond 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 Green November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Green 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 Green shares will generate the highest return on investment. By undertsting and applying VanEck Green etf market strength indicators, traders can identify VanEck Green Bond entry and exit signals to maximize returns
VanEck Green Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Green'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 | (0.03) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | 1.06 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Green Bond. 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of VanEck Green Bond 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 Green's value that differs from its market value or its book value, called intrinsic value, which is VanEck Green'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 Green's market value can be influenced by many factors that don't directly affect VanEck Green'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 Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Green'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.