VanEck TRON (Netherlands) Price on October 27, 2023
| VTRX Etf | 21.81 2.79 14.67% |
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 TRON stands at 21.81, as last reported on the 2nd of December, with the highest price reaching 21.81 and the lowest price hitting 21.41 during the day. VanEck TRON appears to be very steady, given 3 months investment horizon. VanEck TRON ETN owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the etf had a 0.22% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for VanEck TRON ETN, which you can use to evaluate the volatility of the etf. Please review VanEck TRON's Coefficient Of Variation of 695.4, semi deviation of 0.6896, and Risk Adjusted Performance of 0.1167 to confirm if our risk estimates are consistent with your expectations.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VanEck |
Sharpe Ratio = 0.2176
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Estimated Market Risk
| 2.24 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average VanEck TRON is performing at about 17% 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 TRON by adding it to a well-diversified portfolio.
VanEck TRON Valuation on October 27, 2023
It is possible to determine the worth of VanEck TRON on a given historical date. On October 27, 2023 VanEck was worth 10.1 at the beginning of the trading date compared to the closed value of 10.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck TRON etf. Still, in general, we apply an absolute valuation method to find VanEck TRON'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 TRON where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck TRON's related companies.
| Open | High | Low | Close | Volume | |
| 10.09 | 10.09 | 9.97 | 9.97 | 1.00 | |
10/27/2023 | 10.10 | 10.14 | 10.10 | 10.14 | 1.00 |
| 10.20 | 10.29 | 10.20 | 10.29 | 1.00 |
| Backtest VanEck TRON | | | VanEck TRON History | Previous | Next |
VanEck TRON Trading Date Momentum on October 27, 2023
| On October 30 2023 VanEck TRON ETN was traded for 10.29 at the closing time. The highest price during the trading period was 10.29 and the lowest recorded bid was listed for 10.20 . There was no trading activity during the period 1.0. Lack of trading volume on October 30, 2023 contributed to the next trading day price appreciation. The trading price change to the next closing price was 1.48% . The trading price change to the current price is 3.94% . |
Price Boundaries
VanEck TRON Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
VanEck TRON ETN 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 TRON December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck TRON 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 TRON shares will generate the highest return on investment. By undertsting and applying VanEck TRON etf market strength indicators, traders can identify VanEck TRON ETN entry and exit signals to maximize returns
VanEck TRON Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck TRON'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.