Vaneck Indonesia Index Etf Price on October 24, 2024
| IDX Etf | USD 16.24 0.04 0.25% |
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 Indonesia stands at 16.24, as last reported on the 28th of November, with the highest price reaching 16.27 and the lowest price hitting 16.21 during the day. VanEck Indonesia Index owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the etf had a -0.13% return per unit of risk over the last 3 months. VanEck Indonesia Index exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck Indonesia's Coefficient Of Variation of (766.76), risk adjusted performance of (0.1), and Variance of 1.32 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.
VanEck |
Sharpe Ratio = -0.1304
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | IDX |
Estimated Market Risk
| 1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VanEck Indonesia 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 Indonesia by adding VanEck Indonesia to a well-diversified portfolio.
VanEck Indonesia Valuation on October 24, 2024
It is possible to determine the worth of VanEck Indonesia on a given historical date. On October 24, 2024 VanEck was worth 17.86 at the beginning of the trading date compared to the closed value of 17.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Indonesia etf. Still, in general, we apply an absolute valuation method to find VanEck Indonesia'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 Indonesia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Indonesia's related companies.
| Open | High | Low | Close | Volume | |
| 17.94 | 17.94 | 17.83 | 17.90 | 67,785 | |
10/24/2024 | 17.86 | 17.86 | 17.70 | 17.76 | 72,138 |
| 17.68 | 17.68 | 17.51 | 17.62 | 87,828 |
| Backtest VanEck Indonesia | | | VanEck Indonesia History | | | VanEck Indonesia Valuation | Previous | Next |
VanEck Indonesia Trading Date Momentum on October 24, 2024
| On October 25 2024 VanEck Indonesia Index was traded for 17.62 at the closing time. Highest VanEck Indonesia's price during the trading hours was 17.68 and the lowest price during the day was 17.51 . The net volume was 87.8 K. The overall trading history on the 25th of October contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.79% . The trading price change to current price is 4.79% . |
VanEck Indonesia Index Fundamentals Correlations and Trends
By evaluating VanEck Indonesia'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 Indonesia'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 Indonesia Etf history
VanEck Indonesia 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 Indonesia Index 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 Indonesia stock prices may prove useful in developing a viable investing in VanEck Indonesia
VanEck Indonesia Etf Technical Analysis
VanEck Indonesia 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 Indonesia Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
VanEck Indonesia Index 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 Indonesia November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Indonesia 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 Indonesia shares will generate the highest return on investment. By undertsting and applying VanEck Indonesia etf market strength indicators, traders can identify VanEck Indonesia Index entry and exit signals to maximize returns
VanEck Indonesia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Indonesia'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 | (0.1) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | 0.6893 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Indonesia Index. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of VanEck Indonesia Index 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 Indonesia's value that differs from its market value or its book value, called intrinsic value, which is VanEck Indonesia'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 Indonesia's market value can be influenced by many factors that don't directly affect VanEck Indonesia'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 Indonesia's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Indonesia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Indonesia'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.