Vaneck Preferred Securities Etf Performance
| PFXF Etf | USD 17.99 0.10 0.55% |
The entity has a beta of 0.22, which indicates not very significant fluctuations relative to the market. As returns on the market increase, VanEck Preferred's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Preferred is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in VanEck Preferred Securities are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable basic indicators, VanEck Preferred is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
1 | Investment Analysis - Stock Traders Daily | 09/05/2024 |
2 | Technical Data - Stock Traders Daily | 10/02/2024 |
| In Threey Sharp Ratio | -0.19 |
VanEck |
VanEck Preferred Relative Risk vs. Return Landscape
If you would invest 1,755 in VanEck Preferred Securities on August 29, 2024 and sell it today you would earn a total of 44.00 from holding VanEck Preferred Securities or generate 2.51% return on investment over 90 days. VanEck Preferred Securities is currently generating 0.0405% in daily expected returns and assumes 0.4983% risk (volatility on return distribution) over the 90 days horizon. In different words, 4% of etfs are less volatile than VanEck, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
VanEck Preferred Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Preferred's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VanEck Preferred Securities, and traders can use it to determine the average amount a VanEck Preferred's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0814
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PFXF |
Estimated Market Risk
| 0.5 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average VanEck Preferred is performing at about 6% 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 Preferred by adding it to a well-diversified portfolio.
VanEck Preferred Fundamentals Growth
VanEck Etf prices reflect investors' perceptions of the future prospects and financial health of VanEck Preferred, and VanEck Preferred fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on VanEck Etf performance.
| Price To Earning | 7.95 X | |||
| Price To Book | 1.46 X | |||
| Price To Sales | 1.29 X | |||
| Total Asset | 933.1 M | |||
About VanEck Preferred Performance
By analyzing VanEck Preferred's fundamental ratios, stakeholders can gain valuable insights into VanEck Preferred's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if VanEck Preferred has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if VanEck Preferred has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Prfd is traded on NYSEARCA Exchange in the United States.| The fund maintains most of the assets in different exotic instruments. |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in VanEck Preferred Securities. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of VanEck Preferred Sec 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 Preferred's value that differs from its market value or its book value, called intrinsic value, which is VanEck Preferred'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 Preferred's market value can be influenced by many factors that don't directly affect VanEck Preferred'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 Preferred's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Preferred is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Preferred'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.