Vaneck Etf Trust Etf Price on December 5, 2024
MOTE Etf | USD 29.84 0.05 0.17% |
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 ETF stands at 29.84, as last reported on the 11th of December 2024, with the highest price reaching 29.84 and the lowest price hitting 29.79 during the day. At this point, VanEck ETF is very steady. VanEck ETF Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the etf had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for VanEck ETF Trust, which you can use to evaluate the volatility of the etf. Please validate VanEck ETF's Semi Deviation of 0.4402, coefficient of variation of 605.38, and Risk Adjusted Performance of 0.1177 to confirm if the risk estimate we provide is consistent with the expected return of 0.0988%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VanEck |
Sharpe Ratio = 0.1562
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Estimated Market Risk
0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average VanEck ETF is performing at about 12% 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 ETF by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 67.8 K |
VanEck ETF Valuation on December 5, 2024
It is possible to determine the worth of VanEck ETF on a given historical date. On December 5, 2024 VanEck was worth 30.02 at the beginning of the trading date compared to the closed value of 29.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck ETF etf. Still, in general, we apply an absolute valuation method to find VanEck ETF'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 ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck ETF's related companies.
Open | High | Low | Close | Volume | |
30.02 | 30.02 | 30.02 | 30.02 | 100.00 | |
12/05/2024 | 30.02 | 30.02 | 29.88 | 29.88 | 200.00 |
29.98 | 29.98 | 29.98 | 29.98 | 200.00 |
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VanEck ETF Trading Date Momentum on December 5, 2024
On December 06 2024 VanEck ETF Trust was traded for 29.98 at the closing time. The top price for the day was 29.98 and the lowest listed price was 29.98 . The trading volume for the day was 200. The trading history from December 6, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.33% . The trading price change against the current closing price is 0.30% . |
VanEck ETF Trust Fundamentals Correlations and Trends
By evaluating VanEck ETF'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 ETF'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 ETF Etf history
VanEck ETF 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 ETF Trust 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 ETF stock prices may prove useful in developing a viable investing in VanEck ETF
VanEck ETF Etf Technical Analysis
VanEck ETF 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 ETF Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
VanEck ETF Trust 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 ETF December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck ETF 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 ETF shares will generate the highest return on investment. By undertsting and applying VanEck ETF etf market strength indicators, traders can identify VanEck ETF Trust entry and exit signals to maximize returns
VanEck ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck ETF'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 | 0.1177 | |||
Jensen Alpha | 0.0835 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 1.13 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in VanEck ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
The market value of VanEck ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is VanEck ETF'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 ETF's market value can be influenced by many factors that don't directly affect VanEck ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck ETF'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.