Vaneck Cef Municipal Etf Performance
| XMPT Etf | USD 22.48 0.07 0.31% |
The entity has a beta of 0.0292, which indicates not very significant fluctuations relative to the market. As returns on the market increase, VanEck CEF's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck CEF is expected to be smaller as well.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in VanEck CEF Municipal are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, VanEck CEF is not utilizing all of its potentials. The recent stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| In Threey Sharp Ratio | -0.39 |
VanEck |
VanEck CEF Relative Risk vs. Return Landscape
If you would invest 2,230 in VanEck CEF Municipal on August 29, 2024 and sell it today you would earn a total of 18.00 from holding VanEck CEF Municipal or generate 0.81% return on investment over 90 days. VanEck CEF Municipal is currently generating 0.0139% in daily expected returns and assumes 0.477% 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 CEF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck CEF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VanEck CEF Municipal, and traders can use it to determine the average amount a VanEck CEF'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 = 0.0291
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| Negative Returns | XMPT |
Estimated Market Risk
| 0.48 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average VanEck CEF is performing at about 2% 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.
VanEck CEF Fundamentals Growth
VanEck Etf prices reflect investors' perceptions of the future prospects and financial health of VanEck CEF, and VanEck CEF 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 | 8.32 X | |||
| Price To Book | 7.98 X | |||
| Price To Sales | 1.01 X | |||
| Total Asset | 134.91 M | |||
About VanEck CEF Performance
Assessing VanEck CEF's fundamental ratios provides investors with valuable insights into VanEck CEF's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the VanEck CEF is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
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.| The fund created three year return of -4.0% | |
| VanEck CEF Municipal keeps most of the net assets in exotic instruments. |
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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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.