VanEck FTSE (Australia) Price on October 23, 2024

IFRA Etf   22.78  0.10  0.44%   
Below is the normalized historical share price chart for VanEck FTSE Global extending back to April 29, 2016. 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 FTSE stands at 22.78, as last reported on the 27th of November, with the highest price reaching 23.02 and the lowest price hitting 22.67 during the day.
200 Day MA
20.8571
50 Day MA
22.1886
Inception Date
2016-04-29
Beta
1
 
Covid
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. Currently, VanEck FTSE Global is very steady. VanEck FTSE Global 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. We have found twenty-nine technical indicators for VanEck FTSE Global, which you can use to evaluate the volatility of the etf. Please validate VanEck FTSE's Risk Adjusted Performance of 0.0884, coefficient of variation of 852.34, and Semi Deviation of 0.5045 to confirm if the risk estimate we provide is consistent with the expected return of 0.0874%.
  
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.128

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Estimated Market Risk

 0.68
  actual daily
6
94% of assets are more volatile

Expected Return

 0.09
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average VanEck FTSE is performing at about 10% 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 FTSE by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
AUD 35377

VanEck FTSE Valuation on October 23, 2024

It is possible to determine the worth of VanEck FTSE on a given historical date. On October 23, 2024 VanEck was worth 22.57 at the beginning of the trading date compared to the closed value of 22.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck FTSE etf. Still, in general, we apply an absolute valuation method to find VanEck FTSE'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 FTSE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck FTSE's related companies.
 Open High Low Close Volume
  22.53    22.53    22.31    22.31    49,245  
10/23/2024
  22.57    22.57    22.26    22.27    185,874  
  22.31    22.41    22.31    22.41    160,774  
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Open Value
22.57
22.27
Closing Value
24.62
Upside

VanEck FTSE Trading Date Momentum on October 23, 2024

On October 24 2024 VanEck FTSE Global was traded for  22.41  at the closing time. The highest price during the trading period was 22.41  and the lowest recorded bid was listed for  22.31 . The volume for the day was 160.8 K. This history from October 24, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.63% . The trading price change to the current price is 1.75% .

VanEck FTSE Global Fundamentals Correlations and Trends

By evaluating VanEck FTSE'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 FTSE'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 FTSE Etf history

VanEck FTSE 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 FTSE Global 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 FTSE stock prices may prove useful in developing a viable investing in VanEck FTSE

VanEck FTSE Etf Technical Analysis

VanEck FTSE 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.
A focus of VanEck FTSE technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of VanEck FTSE trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

VanEck FTSE Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

VanEck FTSE Global cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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 FTSE November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how VanEck FTSE 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 FTSE shares will generate the highest return on investment. By undertsting and applying VanEck FTSE etf market strength indicators, traders can identify VanEck FTSE Global entry and exit signals to maximize returns

VanEck FTSE Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for VanEck FTSE'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.

Other Information on Investing in VanEck Etf

VanEck FTSE financial ratios help investors to determine whether VanEck Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in VanEck with respect to the benefits of owning VanEck FTSE security.