VanEck IBoxx (Netherlands) Price on November 14, 2024
TCBT Etf | EUR 17.39 0.06 0.35% |
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. As of today, the current price of VanEck IBoxx stands at 17.39, as last reported on the 29th of November, with the highest price reaching 17.39 and the lowest price hitting 17.35 during the day. Currently, VanEck iBoxx EUR is very steady. VanEck iBoxx EUR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the etf had a 0.19% return per unit of risk over the last 3 months. We have found thirty technical indicators for VanEck iBoxx EUR, which you can use to evaluate the volatility of the etf. Please validate VanEck IBoxx's Coefficient Of Variation of 586.84, semi deviation of 0.0581, and Risk Adjusted Performance of 0.1057 to confirm if the risk estimate we provide is consistent with the expected return of 0.0416%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VanEck |
Sharpe Ratio = 0.1898
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Estimated Market Risk
0.22 actual daily | 1 99% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average VanEck IBoxx is performing at about 14% 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 IBoxx by adding it to a well-diversified portfolio.
VanEck IBoxx Valuation on November 14, 2024
It is possible to determine the worth of VanEck IBoxx on a given historical date. On November 14, 2024 VanEck was worth 17.15 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 IBoxx etf. Still, in general, we apply an absolute valuation method to find VanEck IBoxx'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 IBoxx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck IBoxx's related companies.
Open | High | Low | Close | Volume | |
17.16 | 17.16 | 17.12 | 17.13 | 1,515 | |
11/14/2024 | 17.15 | 17.18 | 17.15 | 17.17 | 8,741 |
17.16 | 17.16 | 17.14 | 17.15 | 1,878 |
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VanEck IBoxx Trading Date Momentum on November 14, 2024
On November 15 2024 VanEck iBoxx EUR was traded for 17.15 at the closing time. The highest price during the trading period was 17.16 and the lowest recorded bid was listed for 17.14 . The volume for the day was 1.9 K. This history from November 15, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.12% . The trading price change to the current price is 0.23% . |
VanEck iBoxx EUR Fundamentals Correlations and Trends
By evaluating VanEck IBoxx'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 IBoxx'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 IBoxx Etf history
VanEck IBoxx 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 iBoxx EUR 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 IBoxx stock prices may prove useful in developing a viable investing in VanEck IBoxx
The aim of the VanEck Vectors iBoxx EUR Corporates UCITS ETF is to follow the Markit iBoxx EUR Liquid Corporates Index as closely as possible. VanEck EUR is traded on Amsterdam Stock Exchange in Netherlands.
VanEck IBoxx Etf Technical Analysis
VanEck IBoxx 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 IBoxx Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
VanEck iBoxx EUR cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Amsterdam. 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 IBoxx November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck IBoxx 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 IBoxx shares will generate the highest return on investment. By undertsting and applying VanEck IBoxx etf market strength indicators, traders can identify VanEck iBoxx EUR entry and exit signals to maximize returns
VanEck IBoxx Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck IBoxx'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 | 0.1057 | |||
Jensen Alpha | 0.0215 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.39) | |||
Treynor Ratio | 0.5303 |
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Other Information on Investing in VanEck Etf
VanEck IBoxx 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 IBoxx security.