Vaneck High Yield Etf Price on February 23, 2024
| HYD Etf | USD 52.57 0.09 0.17% |
Below is the normalized historical share price chart for VanEck High Yield extending back to February 05, 2009. 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 High stands at 52.57, as last reported on the 11th of December 2024, with the highest price reaching 52.67 and the lowest price hitting 52.51 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 High is very steady. VanEck High Yield owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0407, which indicates the etf had a 0.0407% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for VanEck High Yield, which you can use to evaluate the volatility of the etf. Please validate VanEck High's Coefficient Of Variation of 2036.05, risk adjusted performance of 0.0217, and Semi Deviation of 0.3409 to confirm if the risk estimate we provide is consistent with the expected return of 0.0126%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 8.99 | 200 Day MA 52.1061 | 1 y Volatility 3.64 | 50 Day MA 52.4612 | Inception Date 2009-02-04 |
VanEck |
Sharpe Ratio = 0.0407
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| Negative Returns | HYD |
Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average VanEck High is performing at about 3% 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 High by adding it to a well-diversified portfolio.
VanEck High Valuation on February 23, 2024
It is possible to determine the worth of VanEck High on a given historical date. On February 23, 2024 VanEck was worth 50.05 at the beginning of the trading date compared to the closed value of 50.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck High etf. Still, in general, we apply an absolute valuation method to find VanEck High'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 High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck High's related companies.
| Open | High | Low | Close | Volume | |
| 49.86 | 50.02 | 49.86 | 49.94 | 544,541 | |
02/23/2024 | 50.05 | 50.20 | 49.99 | 50.13 | 340,350 |
| 50.12 | 50.14 | 49.96 | 49.99 | 519,114 |
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VanEck High Trading Date Momentum on February 23, 2024
| On February 26 2024 VanEck High Yield was traded for 49.99 at the closing time. Highest VanEck High's price during the trading hours was 50.14 and the lowest price during the day was 49.96 . The net volume was 519.1 K. The overall trading history on the 26th of February contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.28% . The trading price change to current price is 0.12% . |
VanEck High Yield Fundamentals Correlations and Trends
By evaluating VanEck High'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 High'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 High Etf history
VanEck High 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 High Yield 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 High stock prices may prove useful in developing a viable investing in VanEck High
VanEck High Etf Technical Analysis
VanEck High 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 High Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
VanEck High Yield 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 High December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck High 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 High shares will generate the highest return on investment. By undertsting and applying VanEck High etf market strength indicators, traders can identify VanEck High Yield entry and exit signals to maximize returns
VanEck High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck High'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 | 0.0217 | |||
| Jensen Alpha | 0.0141 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | (0.06) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck High Yield. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of VanEck High Yield 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 High's value that differs from its market value or its book value, called intrinsic value, which is VanEck High'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 High's market value can be influenced by many factors that don't directly affect VanEck High'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 High's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck High'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.