Vident International Equity Etf Price on September 3, 2024
| VIDI Etf | USD 25.83 0.11 0.42% |
Below is the normalized historical share price chart for Vident International Equity extending back to October 30, 2013. 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 International stands at 25.83, as last reported on the 26th of November, with the highest price reaching 25.89 and the lowest price hitting 25.77 during the day.
If you're considering investing in Vident Etf, it is important to understand the factors that can impact its price. Vident International is very steady at the moment. Vident International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0244, which indicates the etf had a 0.0244% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Vident International Equity, which you can use to evaluate the volatility of the etf. Please validate Vident International's Semi Deviation of 1.03, coefficient of variation of 13829.54, and Risk Adjusted Performance of 0.0078 to confirm if the risk estimate we provide is consistent with the expected return of 0.0242%.
Vident Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 17.8 | 200 Day MA 25.4027 | 1 y Volatility 13.62 | 50 Day MA 26.3226 | Inception Date 2013-10-29 |
Vident |
Sharpe Ratio = 0.0244
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Estimated Market Risk
| 0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Vident International is performing at about 1% 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 Vident International by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 9.6 K |
Vident International Valuation on September 3, 2024
It is possible to determine the worth of Vident International on a given historical date. On September 3, 2024 Vident was worth 25.47 at the beginning of the trading date compared to the closed value of 25.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vident International etf. Still, in general, we apply an absolute valuation method to find Vident International'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 International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vident International's related companies.
| Open | High | Low | Close | Volume | |
| 25.77 | 25.77 | 25.63 | 25.77 | 6,220 | |
09/03/2024 | 25.47 | 25.47 | 25.30 | 25.30 | 27,313 |
| 25.27 | 25.37 | 25.27 | 25.35 | 8,560 |
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Vident International Trading Date Momentum on September 3, 2024
| On September 04 2024 Vident International Equity was traded for 25.35 at the closing time. The top price for the day was 25.37 and the lowest listed price was 25.27 . The trading volume for the day was 8.6 K. The trading history from September 4, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 0.20% . The trading price change against the current closing price is 0.67% . |
Vident International Fundamentals Correlations and Trends
By evaluating Vident International'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 International'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 International Etf history
Vident International 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 International 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 International stock prices may prove useful in developing a viable investing in Vident International
Under normal circumstances, at least 80 percent of the funds total assets will be invested in the component securities of the index and depositary receipts representing such component securities. Vident Intl is traded on NYSEARCA Exchange in the United States.
Vident International Etf Technical Analysis
Vident International 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 International Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Vident International Equity 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 International November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Vident International 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 International shares will generate the highest return on investment. By undertsting and applying Vident International etf market strength indicators, traders can identify Vident International Equity entry and exit signals to maximize returns
Vident International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Vident International'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 | 0.0078 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (0.01) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vident International Equity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of Vident International 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 International's value that differs from its market value or its book value, called intrinsic value, which is Vident International'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 International's market value can be influenced by many factors that don't directly affect Vident International'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 International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vident International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vident International'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.