Vaneck Morningstar Wide Fund Price on November 23, 2024
MWMIX Fund | USD 36.68 0.43 1.16% |
Below is the normalized historical share price chart for Vaneck Morningstar Wide extending back to November 07, 2017. 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 Morningstar stands at 36.68, as last reported on the 24th of November, with the highest price reaching 36.68 and the lowest price hitting 36.68 during the day.
If you're considering investing in Vaneck Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Vaneck Mutual Fund to be very steady. Vaneck Morningstar Wide owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0582, which indicates the fund had a 0.0582% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Vaneck Morningstar Wide, which you can use to evaluate the volatility of the fund. Please validate Vaneck Morningstar's Risk Adjusted Performance of 0.061, coefficient of variation of 1217.81, and Semi Deviation of 0.5902 to confirm if the risk estimate we provide is consistent with the expected return of 0.0382%.
Vaneck Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Vaneck |
Sharpe Ratio = 0.0582
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Estimated Market Risk
0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Vaneck Morningstar is performing at about 4% 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.
Vaneck Morningstar Valuation on November 23, 2024
It is possible to determine the worth of Vaneck Morningstar on a given historical date. On November 23, 2024 Vaneck was worth 36.68 at the beginning of the trading date compared to the closed value of 36.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vaneck Morningstar mutual fund. 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 | |
37.11 | 37.11 | 37.11 | 37.11 | 1.00 | |
11/24/2024 | 36.68 | 36.68 | 36.68 | 36.68 | 0.00 |
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Vaneck Morningstar Trading Date Momentum on November 23, 2024
On November 24 2024 Vaneck Morningstar Wide was traded for 36.68 at the closing time. The highest daily price throughout the period was 36.68 and the lowest price was 36.68 . There was no trading activity during the period 0.0. Lack of trading volume on 11/24/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
Vaneck Morningstar Wide Fundamentals Correlations and Trends
By evaluating Vaneck Morningstar'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 Morningstar'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 Morningstar Mutual Fund 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
Under normal conditions, the fund invests at least 80 percent of its net assets in securities that comprise the index. The index is comprised of securities issued by companies that Morningstar, Inc. determines to have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors .
Vaneck Morningstar Mutual Fund Technical Analysis
Vaneck Morningstar technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Vaneck Morningstar Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Vaneck Morningstar Wide cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Vaneck Morningstar mutual fund 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 mutual fund 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 Mutual Fund 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 | 0.061 | |||
Jensen Alpha | 0.0449 | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | (0.12) | |||
Treynor Ratio | (2.03) |
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Volume Indicators |
Other Information on Investing in Vaneck Mutual Fund
Vaneck Morningstar financial ratios help investors to determine whether Vaneck Mutual Fund 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 Morningstar security.
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