Vaneck Cef Municipal Etf Price on March 27, 2024
| XMPT Etf | USD 22.90 0.14 0.62% |
Below is the normalized historical share price chart for VanEck CEF Municipal extending back to July 13, 2011. 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 VanEck CEF stands at 22.90, as last reported on the 30th of November, with the highest price reaching 22.92 and the lowest price hitting 22.72 during the day.
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. Currently, VanEck CEF Municipal is very steady. VanEck CEF Municipal owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0921, which indicates the etf had a 0.0921% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for VanEck CEF Municipal, which you can use to evaluate the volatility of the etf. Please validate VanEck CEF's Semi Deviation of 0.453, risk adjusted performance of 0.0698, and Coefficient Of Variation of 1017.81 to confirm if the risk estimate we provide is consistent with the expected return of 0.0462%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 17.27 | 200 Day MA 21.9897 | 1 y Volatility 13.86 | 50 Day MA 22.6626 | Inception Date 2011-07-12 |
VanEck |
Sharpe Ratio = 0.0921
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| Negative Returns | XMPT |
Estimated Market Risk
| 0.5 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average VanEck CEF is performing at about 7% 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 CEF by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 34.4 K | Market Capitalisation {Big=0, Small=0, Mega=0, Medium=0.38314, Micro=0} |
VanEck CEF Valuation on March 27, 2024
It is possible to determine the worth of VanEck CEF on a given historical date. On March 27, 2024 VanEck was worth 20.85 at the beginning of the trading date compared to the closed value of 20.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck CEF etf. Still, in general, we apply an absolute valuation method to find VanEck CEF'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 CEF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck CEF's related companies.
| Open | High | Low | Close | Volume | |
| 20.82 | 20.83 | 20.76 | 20.76 | 23,188 | |
03/27/2024 | 20.85 | 20.85 | 20.78 | 20.82 | 53,902 |
| 20.83 | 20.93 | 20.78 | 20.89 | 17,542 |
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VanEck CEF Trading Date Momentum on March 27, 2024
| On March 28 2024 VanEck CEF Municipal was traded for 20.89 at the closing time. The top price for the day was 20.93 and the lowest listed price was 20.78 . The trading volume for the day was 17.5 K. The trading history from March 28, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 0.34% . The trading price change against the current closing price is 1.68% . |
VanEck CEF Municipal Fundamentals Correlations and Trends
By evaluating VanEck CEF'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 CEF'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 CEF Etf history
VanEck CEF 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 CEF Municipal 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 CEF stock prices may prove useful in developing a viable investing in VanEck CEF
The fund normally invests at least 80 percent of its total assets in investments the income from which is exempt from U.S. federal income tax . Vaneck CEF is traded on BATS Exchange in the United States.
VanEck CEF Etf Technical Analysis
VanEck CEF 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 CEF Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
VanEck CEF Municipal cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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.
VanEck CEF November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck CEF 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 CEF shares will generate the highest return on investment. By undertsting and applying VanEck CEF etf market strength indicators, traders can identify VanEck CEF Municipal entry and exit signals to maximize returns
VanEck CEF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck CEF'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 | 0.0698 | |||
| Jensen Alpha | 0.0369 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | 2.4 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in VanEck CEF Municipal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of VanEck CEF Municipal is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck CEF's value that differs from its market value or its book value, called intrinsic value, which is VanEck CEF'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 VanEck CEF's market value can be influenced by many factors that don't directly affect VanEck CEF'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 VanEck CEF's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck CEF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck CEF'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.