Vaneck Merk Gold Etf Price on March 22, 2023
| OUNZ Etf | USD 25.68 0.23 0.90% |
Below is the normalized historical share price chart for VanEck Merk Gold extending back to May 19, 2014. 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 Merk stands at 25.68, as last reported on the 1st of December, with the highest price reaching 25.68 and the lowest price hitting 25.59 during the day.
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. At this stage we consider VanEck Etf to be very steady. VanEck Merk Gold owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the etf had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for VanEck Merk Gold, which you can use to evaluate the volatility of the etf. Please validate VanEck Merk's Coefficient Of Variation of 1050.56, semi deviation of 0.9987, and Risk Adjusted Performance of 0.075 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 13.38 | 200 Day MA 23.4124 | 1 y Volatility 11.25 | 50 Day MA 25.7612 | Inception Date 2014-05-16 |
VanEck |
Sharpe Ratio = 0.1071
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Estimated Market Risk
| 1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average VanEck Merk is performing at about 8% 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 Merk by adding it to a well-diversified portfolio.
VanEck Merk Valuation on March 22, 2023
It is possible to determine the worth of VanEck Merk on a given historical date. On March 22, 2023 VanEck was worth 18.82 at the beginning of the trading date compared to the closed value of 19.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Merk etf. Still, in general, we apply an absolute valuation method to find VanEck Merk'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 Merk where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Merk's related companies.
| Open | High | Low | Close | Volume | |
| 19.05 | 19.05 | 18.76 | 18.80 | 4,227,700 | |
03/22/2023 | 18.82 | 19.17 | 18.80 | 19.13 | 3,389,883 |
| 19.18 | 19.41 | 19.15 | 19.36 | 3,211,600 |
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VanEck Merk Trading Date Momentum on March 22, 2023
| On March 23 2023 VanEck Merk Gold was traded for 19.36 at the closing time. The top price for the day was 19.41 and the lowest listed price was 19.15 . The trading volume for the day was 3.2 M. The trading history from March 23, 2023 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 1.20% . The trading price change against the current closing price is 0.26% . |
VanEck Merk Gold Fundamentals Correlations and Trends
By evaluating VanEck Merk'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 Merk'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 Merk Etf history
VanEck Merk 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 Merk Gold 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 Merk stock prices may prove useful in developing a viable investing in VanEck Merk
The investment seeks to provide investors with an opportunity to invest in gold through the shares and be able to take delivery of physical gold in exchange for those shares. Vaneck Merk is traded on NYSEArca Exchange in the United States.
VanEck Merk Etf Technical Analysis
VanEck Merk 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 Merk Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
VanEck Merk Gold 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 Merk December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Merk 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 Merk shares will generate the highest return on investment. By undertsting and applying VanEck Merk etf market strength indicators, traders can identify VanEck Merk Gold entry and exit signals to maximize returns
VanEck Merk Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Merk'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 | 0.075 | |||
| Jensen Alpha | 0.1052 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.51) |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in VanEck Merk Gold. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of VanEck Merk Gold 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 Merk's value that differs from its market value or its book value, called intrinsic value, which is VanEck Merk'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 Merk's market value can be influenced by many factors that don't directly affect VanEck Merk'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 Merk's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Merk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Merk'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.