Vaneck Merk Gold Etf Price on May 6, 2024
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 0.0978, which indicates the etf had a 0.0978% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for VanEck Merk Gold, which you can use to evaluate the volatility of the etf. Please validate VanEck Merk's Risk Adjusted Performance of 0.0734, semi deviation of 1.04, and Coefficient Of Variation of 1022.82 to confirm if the risk estimate we provide is consistent with the expected return of 0.0977%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VanEck |
Sharpe Ratio = 0.0978
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Estimated Market Risk
| 1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average VanEck Merk is performing at about 7% 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
VanEck Merk Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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VanEck Merk December 11, 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 | 0.0734 | |||
| Jensen Alpha | 0.1174 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.34) |
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Check out Your Equity Center to better understand how to build diversified portfolios. 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Other Tools for VanEck Etf
When running VanEck Merk's price analysis, check to measure VanEck Merk's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VanEck Merk is operating at the current time. Most of VanEck Merk's value examination focuses on studying past and present price action to predict the probability of VanEck Merk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VanEck Merk's price. Additionally, you may evaluate how the addition of VanEck Merk to your portfolios can decrease your overall portfolio volatility.
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