Vaneck China Bond Etf Total Asset
| CBON Etf | USD 22.11 0.04 0.18% |
VanEck China Bond fundamentals help investors to digest information that contributes to VanEck China'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 China'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 China etf.
VanEck |
VanEck China Bond ETF Total Asset Analysis
VanEck China's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current VanEck China Total Asset | 95.11 M |
Most of VanEck China's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, VanEck China Bond is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
| Competition |
Based on the latest financial disclosure, VanEck China Bond has a Total Asset of 95.11 M. This is much higher than that of the VanEck family and significantly higher than that of the Emerging-Markets Local-Currency Bond category. The total asset for all United States etfs is notably lower than that of the firm.
VanEck Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VanEck China's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of VanEck China could also be used in its relative valuation, which is a method of valuing VanEck China by comparing valuation metrics of similar companies.VanEck China is currently under evaluation in total asset as compared to similar ETFs.
Fund Asset Allocation for VanEck China
The fund consists of 89.82% investments in fixed income securities, with the rest of funds allocated in various types of exotic instruments.Asset allocation divides VanEck China'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
| Number Of Employees | 335 | |||
| Beta | 0.56 | |||
| Total Asset | 95.11 M | |||
| One Year Return | 2.30 % | |||
| Three Year Return | (0.80) % | |||
| Five Year Return | 2.80 % | |||
| Ten Year Return | 1.70 % | |||
| Net Asset | 95.11 M | |||
| Last Dividend Paid | 0.052 | |||
| Bond Positions Weight | 89.82 % |
About VanEck China Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VanEck China Bond's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VanEck China using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VanEck China Bond 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.
Pair Trading with VanEck China
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VanEck China position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VanEck China will appreciate offsetting losses from the drop in the long position's value.Moving together with VanEck Etf
Moving against VanEck Etf
| 0.84 | FBGX | UBS | PairCorr |
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| 0.62 | TARK | AXS 2X Innovation | PairCorr |
| 0.56 | TFLR | T Rowe Price | PairCorr |
| 0.55 | SFYX | SoFi Next 500 | PairCorr |
The ability to find closely correlated positions to VanEck China could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VanEck China when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VanEck China - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VanEck China Bond to buy it.
The correlation of VanEck China is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VanEck China moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VanEck China Bond moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for VanEck China can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out VanEck China Piotroski F Score and VanEck China Altman Z Score analysis. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of VanEck China Bond 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 China's value that differs from its market value or its book value, called intrinsic value, which is VanEck China'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 China's market value can be influenced by many factors that don't directly affect VanEck China'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 China's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck China'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.