Vaneck Preferred Securities Etf Price on November 22, 2024
| PFXF Etf | USD 18.01 0.02 0.11% |
Below is the normalized historical share price chart for VanEck Preferred Securities extending back to July 17, 2012. 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 Preferred stands at 18.01, as last reported on the 2nd of December, with the highest price reaching 18.12 and the lowest price hitting 18.00 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 point, VanEck Preferred is very steady. VanEck Preferred Sec 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 Preferred Securities, which you can use to evaluate the volatility of the etf. Please validate VanEck Preferred's Coefficient Of Variation of 1052.44, semi deviation of 0.4906, and Risk Adjusted Performance of 0.067 to confirm if the risk estimate we provide is consistent with the expected return of 0.055%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 14.28 | 200 Day MA 17.6495 | 1 y Volatility 7.58 | 50 Day MA 18.1488 | Inception Date 2012-07-16 |
VanEck |
Sharpe Ratio = 0.1131
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Estimated Market Risk
| 0.49 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average VanEck Preferred 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 Preferred by adding it to a well-diversified portfolio.
VanEck Preferred Valuation on November 22, 2024
It is possible to determine the worth of VanEck Preferred on a given historical date. On November 22, 2024 VanEck was worth 18.03 at the beginning of the trading date compared to the closed value of 18.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Preferred etf. Still, in general, we apply an absolute valuation method to find VanEck Preferred'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 Preferred where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Preferred's related companies.
| Open | High | Low | Close | Volume | |
| 17.94 | 18.03 | 17.90 | 17.99 | 440,266 | |
11/22/2024 | 18.03 | 18.05 | 17.99 | 18.02 | 465,722 |
| 18.15 | 18.18 | 18.06 | 18.09 | 389,788 |
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VanEck Preferred Trading Date Momentum on November 22, 2024
| On November 25 2024 VanEck Preferred Securities was traded for 18.09 at the closing time. The top price for the day was 18.18 and the lowest listed price was 18.06 . The trading volume for the day was 389.8 K. The trading history from November 25, 2024 was a factor to the next trading day price rise. The trading delta at closing time against the next closing price was 0.39% . The trading price change against the current closing price is 0.17% . |
VanEck Preferred Sec Fundamentals Correlations and Trends
By evaluating VanEck Preferred'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 Preferred'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 Preferred Etf history
VanEck Preferred 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 Preferred Sec 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 Preferred stock prices may prove useful in developing a viable investing in VanEck Preferred
VanEck Preferred Etf Technical Analysis
VanEck Preferred 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 Preferred Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
VanEck Preferred Securities 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 Preferred December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Preferred 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 Preferred shares will generate the highest return on investment. By undertsting and applying VanEck Preferred etf market strength indicators, traders can identify VanEck Preferred Securities entry and exit signals to maximize returns
VanEck Preferred Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Preferred'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 | 0.067 | |||
| Jensen Alpha | 0.0083 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | 0.1651 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in VanEck Preferred Securities. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of VanEck Preferred Sec 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 Preferred's value that differs from its market value or its book value, called intrinsic value, which is VanEck Preferred'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 Preferred's market value can be influenced by many factors that don't directly affect VanEck Preferred'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 Preferred's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Preferred is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Preferred'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.