VanEck TRON (Netherlands) Price on November 28, 2024
| VTRX Etf | 29.74 10.72 56.36% |
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 29.74, as last reported on the 4th of December, with the highest price reaching 29.74 and the lowest price hitting 22.46 during the day. VanEck TRON is not too volatile given 3 months investment horizon. VanEck TRON ETN owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the etf had a 0.16% return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-four different technical indicators, which can help you to evaluate if expected returns of 1.14% are justified by taking the suggested risk. Use VanEck TRON ETN Variance of 49.48, risk adjusted performance of 0.1295, and Coefficient Of Variation of 632.81 to evaluate company specific risk that cannot be diversified away.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VanEck |
Sharpe Ratio = 0.1612
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Estimated Market Risk
| 7.08 actual daily | 63 63% of assets are less volatile |
Expected Return
| 1.14 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average VanEck TRON is performing at about 12% 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 November 28, 2024
It is possible to determine the worth of VanEck TRON on a given historical date. On November 28, 2024 VanEck was worth 19.02 at the beginning of the trading date compared to the closed value of 19.02. 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 | |
| 19.02 | 19.02 | 19.02 | 19.02 | 1.00 | |
11/28/2024 | 19.02 | 19.02 | 19.02 | 19.02 | 1.00 |
| 19.02 | 19.02 | 19.02 | 19.02 | 1.00 |
| Backtest VanEck TRON | | | VanEck TRON History | Previous | Next |
VanEck TRON Trading Date Momentum on November 28, 2024
| On November 29 2024 VanEck TRON ETN was traded for 19.02 at the closing time. The highest price during the trading period was 19.02 and the lowest recorded bid was listed for 19.02 . There was no trading activity during the period 1.0. Lack of trading volume on November 29, 2024 did not result in any price rise and fall. The trading price change to the current price is 18.09% . |
Price Boundaries
VanEck TRON Period Price Range
Low | December 4, 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 4, 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.