VanEck Australian (Australia) Price on November 18, 2024
PLUS Etf | 16.78 0.06 0.36% |
Below is the normalized historical share price chart for VanEck Australian Corporate extending back to May 09, 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 Australian stands at 16.78, as last reported on the 2nd of December, with the highest price reaching 16.85 and the lowest price hitting 16.78 during the day.
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. Currently, VanEck Australian Corporate is very steady. VanEck Australian owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0275, which indicates the etf had a 0.0275% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for VanEck Australian Corporate, which you can use to evaluate the volatility of the etf. Please validate VanEck Australian's Risk Adjusted Performance of 0.0078, coefficient of variation of 2569.07, and Semi Deviation of 0.2239 to confirm if the risk estimate we provide is consistent with the expected return of 0.0067%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 16.6715 | 50 Day MA 16.7726 | Inception Date 2017-05-09 | Beta 0.61 |
VanEck |
Sharpe Ratio = 0.0275
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | PLUS |
Estimated Market Risk
0.24 actual daily | 2 98% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average VanEck Australian is performing at about 2% 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 Australian by adding it to a well-diversified portfolio.
VanEck Australian Main Headline on 18th of November 2024
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VanEck Australian Valuation on November 18, 2024
It is possible to determine the worth of VanEck Australian on a given historical date. On November 18, 2024 VanEck was worth 16.7 at the beginning of the trading date compared to the closed value of 16.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Australian etf. Still, in general, we apply an absolute valuation method to find VanEck Australian'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 Australian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Australian's related companies.
Open | High | Low | Close | Volume | |
16.68 | 16.68 | 16.62 | 16.68 | 13,793 | |
11/18/2024 | 16.70 | 16.71 | 16.67 | 16.70 | 20,073 |
16.73 | 16.76 | 16.72 | 16.73 | 23,881 |
Backtest VanEck Australian | | | VanEck Australian History | | | VanEck Australian Valuation | Previous | Next |
VanEck Australian Trading Date Momentum on November 18, 2024
On November 19 2024 VanEck Australian Corporate was traded for 16.73 at the closing time. The highest price during the trading period was 16.76 and the lowest recorded bid was listed for 16.72 . The volume for the day was 23.9 K. This history from November 19, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.18% . The trading price change to the current price is 0.72% . |
About VanEck Australian Etf history
VanEck Australian 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 Australian 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 Australian stock prices may prove useful in developing a viable investing in VanEck Australian
VanEck Australian Etf Technical Analysis
VanEck Australian 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 Australian Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
VanEck Australian Corporate cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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 Australian December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Australian 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 Australian shares will generate the highest return on investment. By undertsting and applying VanEck Australian etf market strength indicators, traders can identify VanEck Australian Corporate entry and exit signals to maximize returns
VanEck Australian Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Australian'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 | 0.0078 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.44) | |||
Treynor Ratio | (0.11) |
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Other Information on Investing in VanEck Etf
VanEck Australian financial ratios help investors to determine whether VanEck Etf 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 Australian security.