Vaneck Short Muni Etf Price on November 5, 2024
| SMB Etf | USD 17.22 0.01 0.06% |
Below is the normalized historical share price chart for VanEck Short Muni extending back to February 26, 2008. 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 Short stands at 17.22, as last reported on the 29th of November, with the highest price reaching 17.23 and the lowest price hitting 17.20 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 Short is very steady. VanEck Short Muni owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0675, which indicates the etf had a 0.0675% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for VanEck Short Muni, which you can use to evaluate the volatility of the etf. Please validate VanEck Short's Risk Adjusted Performance of (0.01), semi deviation of 0.0715, and Coefficient Of Variation of 1516.9 to confirm if the risk estimate we provide is consistent with the expected return of 0.0073%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 3.49 | 200 Day MA 17.0878 | 1 y Volatility 2.71 | 50 Day MA 17.1992 | Inception Date 2008-02-22 |
VanEck |
Sharpe Ratio = 0.0675
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Based on monthly moving average VanEck Short is performing at about 5% 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 Short by adding it to a well-diversified portfolio.
VanEck Short Valuation on November 5, 2024
It is possible to determine the worth of VanEck Short on a given historical date. On November 5, 2024 VanEck was worth 17.13 at the beginning of the trading date compared to the closed value of 17.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Short etf. Still, in general, we apply an absolute valuation method to find VanEck Short'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 Short where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Short's related companies.
| Open | High | Low | Close | Volume | |
| 17.14 | 17.16 | 17.13 | 17.16 | 56,993 | |
11/05/2024 | 17.13 | 17.17 | 17.13 | 17.17 | 63,886 |
| 17.17 | 17.17 | 17.09 | 17.10 | 51,055 |
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VanEck Short Trading Date Momentum on November 5, 2024
| On November 06 2024 VanEck Short Muni was traded for 17.10 at the closing time. Highest VanEck Short's price during the trading hours was 17.17 and the lowest price during the day was 17.09 . The net volume was 51.1 K. The overall trading history on the 6th of November contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.41% . The trading price change to current price is 0.12% . |
VanEck Short Muni Fundamentals Correlations and Trends
By evaluating VanEck Short'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 Short'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 Short Etf history
VanEck Short 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 Short Muni 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 Short stock prices may prove useful in developing a viable investing in VanEck Short
VanEck Short Etf Technical Analysis
VanEck Short 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 Short Period Price Range
Low | November 29, 2024
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0.00 | 0.00 |
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VanEck Short November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Short 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 Short shares will generate the highest return on investment. By undertsting and applying VanEck Short etf market strength indicators, traders can identify VanEck Short Muni entry and exit signals to maximize returns
VanEck Short Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Short'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 | (0.01) | |||
| Jensen Alpha | 0.001 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.71) | |||
| Treynor Ratio | 0.0847 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VanEck Short Muni. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of VanEck Short Muni 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 Short's value that differs from its market value or its book value, called intrinsic value, which is VanEck Short'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 Short's market value can be influenced by many factors that don't directly affect VanEck Short'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 Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Short'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.