Vident Core Bond Etf Price on May 16, 2024
| VBND Etf | USD 43.42 0.01 0.02% |
Below is the normalized historical share price chart for Vident Core Bond extending back to October 16, 2014. 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 Vident Core stands at 43.42, as last reported on the 22nd of November, with the highest price reaching 43.57 and the lowest price hitting 43.30 during the day.
If you're considering investing in Vident Etf, it is important to understand the factors that can impact its price. Vident Core Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0893, which indicates the etf had a -0.0893% return per unit of risk over the last 3 months. Vident Core Bond exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vident Core's Risk Adjusted Performance of (0.08), variance of 0.0906, and Coefficient Of Variation of (1,213) to confirm the risk estimate we provide.
Vident Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 7.52 | 200 Day MA 43.7463 | 1 y Volatility 7.38 | 50 Day MA 44.2148 | Inception Date 2014-10-15 |
Vident |
Sharpe Ratio = -0.0893
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Estimated Market Risk
| 0.3 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Vident Core is not performing at its full potential. However, 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 Vident Core by adding Vident Core to a well-diversified portfolio.
Vident Core Valuation on May 16, 2024
It is possible to determine the worth of Vident Core on a given historical date. On May 16, 2024 Vident was worth 42.93 at the beginning of the trading date compared to the closed value of 42.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vident Core etf. Still, in general, we apply an absolute valuation method to find Vident Core'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 Vident Core where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vident Core's related companies.
| Open | High | Low | Close | Volume | |
| 42.34 | 42.47 | 42.33 | 42.47 | 17,367 | |
05/16/2024 | 42.93 | 42.93 | 42.38 | 42.46 | 31,439 |
| 42.28 | 42.28 | 42.24 | 42.28 | 2,063 |
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Vident Core Trading Date Momentum on May 16, 2024
| On May 17 2024 Vident Core Bond was traded for 42.28 at the closing time. The top price for the day was 42.28 and the lowest listed price was 42.24 . The trading volume for the day was 2.1 K. The trading history from May 17, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.42% . The trading price change against the current closing price is 0.94% . |
Vident Core Bond Fundamentals Correlations and Trends
By evaluating Vident Core'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 Vident Core's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Vident financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Vident Core Etf history
Vident Core 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 Vident is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vident Core Bond 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 Vident Core stock prices may prove useful in developing a viable investing in Vident Core
Under normal circumstances, at least 80 percent of the funds total assets will be invested in the component securities of the index and TBA securities representing such component securities. Vident Core is traded on NYSEARCA Exchange in the United States.
Vident Core Etf Technical Analysis
Vident Core 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
Vident Core Period Price Range
Low | November 22, 2024
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0.00 | 0.00 |
Vident Core Bond 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.
Vident Core November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Vident Core etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Vident Core shares will generate the highest return on investment. By undertsting and applying Vident Core etf market strength indicators, traders can identify Vident Core Bond entry and exit signals to maximize returns
Vident Core Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Vident Core's price direction in advance. Along with the technical and fundamental analysis of Vident Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Vident 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 | (0.08) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.6218 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vident Core Bond. 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of Vident Core Bond is measured differently than its book value, which is the value of Vident that is recorded on the company's balance sheet. Investors also form their own opinion of Vident Core's value that differs from its market value or its book value, called intrinsic value, which is Vident Core'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 Vident Core's market value can be influenced by many factors that don't directly affect Vident Core'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 Vident Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vident Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vident Core'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.