Vaneck Africa Index Etf Year To Date Return
| AFK Etf | USD 16.18 0.11 0.68% |
VanEck Africa Index fundamentals help investors to digest information that contributes to VanEck Africa's financial success or failures. It also enables traders to predict the movement of VanEck Etf. The fundamental analysis module provides a way to measure VanEck Africa's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to VanEck Africa etf.
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VanEck Africa Index ETF Year To Date Return Analysis
VanEck Africa's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
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In accordance with the company's disclosures, VanEck Africa Index has a Year To Date Return of 0.0%. This indicator is about the same for the VanEck average (which is currently at 0.0) family and about the same as Miscellaneous Region (which currently averages 0.0) category. The year to date return for all United States etfs is 100.0% lower than that of the firm.
VanEck Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VanEck Africa's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of VanEck Africa could also be used in its relative valuation, which is a method of valuing VanEck Africa by comparing valuation metrics of similar companies.VanEck Africa is currently under evaluation in year to date return as compared to similar ETFs.
Fund Asset Allocation for VanEck Africa
The fund consists of 95.96% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides VanEck Africa's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
VanEck Fundamentals
| Price To Earning | 12.90 X | |||
| Price To Book | 1.53 X | |||
| Price To Sales | 2.06 X | |||
| Number Of Employees | 118 | |||
| Beta | 1.01 | |||
| Total Asset | 43.36 M | |||
| One Year Return | 19.60 % | |||
| Three Year Return | (5.00) % | |||
| Five Year Return | (1.00) % | |||
| Ten Year Return | (2.70) % | |||
| Net Asset | 43.36 M | |||
| Last Dividend Paid | 1.29 | |||
| Equity Positions Weight | 95.96 % |
About VanEck Africa Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VanEck Africa Index's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VanEck Africa using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VanEck Africa Index based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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The market value of VanEck Africa Index 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 Africa's value that differs from its market value or its book value, called intrinsic value, which is VanEck Africa'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 Africa's market value can be influenced by many factors that don't directly affect VanEck Africa'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 Africa's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Africa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Africa'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.