Vaneck Morningstar Wide Etf Price on November 29, 2024
| MVAL Etf | 34.39 0.17 0.50% |
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 Morningstar stands at 34.39, as last reported on the 2nd of December, with the highest price reaching 34.39 and the lowest price hitting 34.35 during the day. As of now, VanEck Etf is very steady. VanEck Morningstar Wide owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the etf had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for VanEck Morningstar Wide, which you can use to evaluate the volatility of the etf. Please validate VanEck Morningstar's Semi Deviation of 0.4514, coefficient of variation of 716.88, and Risk Adjusted Performance of 0.1032 to confirm if the risk estimate we provide is consistent with the expected return of 0.0794%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VanEck |
Sharpe Ratio = 0.141
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Estimated Market Risk
| 0.56 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average VanEck Morningstar is performing at about 11% 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 Morningstar by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 61.3 K |
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VanEck Morningstar Valuation on November 29, 2024
It is possible to determine the worth of VanEck Morningstar on a given historical date. On November 29, 2024 VanEck was worth 34.35 at the beginning of the trading date compared to the closed value of 34.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Morningstar etf. Still, in general, we apply an absolute valuation method to find VanEck Morningstar'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 Morningstar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Morningstar's related companies.
| Open | High | Low | Close | Volume | |
| 34.22 | 34.22 | 34.22 | 34.22 | 1.00 | |
11/29/2024 | 34.35 | 34.39 | 34.35 | 34.39 | 209.00 |
| 34.35 | 34.39 | 34.35 | 34.39 | 0.00 |
| Backtest VanEck Morningstar | | | VanEck Morningstar History | | | VanEck Morningstar Valuation | Previous | Next |
VanEck Morningstar Trading Date Momentum on November 29, 2024
| On December 02 2024 VanEck Morningstar Wide was traded for 34.39 at the closing time. The top price for the day was 34.39 and the lowest listed price was 34.35 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.12% . |
About VanEck Morningstar Etf history
VanEck Morningstar 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 Morningstar Wide 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 Morningstar stock prices may prove useful in developing a viable investing in VanEck Morningstar
VanEck Morningstar Etf Technical Analysis
VanEck Morningstar 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 Morningstar Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
VanEck Morningstar Wide 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 Morningstar December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Morningstar 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 Morningstar shares will generate the highest return on investment. By undertsting and applying VanEck Morningstar etf market strength indicators, traders can identify VanEck Morningstar Wide entry and exit signals to maximize returns
VanEck Morningstar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Morningstar'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 | 0.1032 | |||
| Jensen Alpha | 0.0025 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.1324 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Morningstar Wide. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of VanEck Morningstar Wide 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 Morningstar's value that differs from its market value or its book value, called intrinsic value, which is VanEck Morningstar'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 Morningstar's market value can be influenced by many factors that don't directly affect VanEck Morningstar'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 Morningstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Morningstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Morningstar'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.