Vaneck Cmci Commodity Etf Beta
| CMCI Etf | USD 25.02 0.05 0.20% |
VanEck CMCI Commodity fundamentals help investors to digest information that contributes to VanEck CMCI'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 CMCI'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 CMCI etf.
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VanEck CMCI Commodity ETF Beta Analysis
VanEck CMCI's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current VanEck CMCI Beta | 7.47 |
Most of VanEck CMCI's fundamental indicators, such as Beta, 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 CMCI Commodity is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, VanEck CMCI Commodity has a Beta of 7.4732. This is much higher than that of the Food Products family and significantly higher than that of the Commodities Broad Basket category. The beta for all United States etfs is notably lower than that of the firm.
VanEck Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VanEck CMCI's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of VanEck CMCI could also be used in its relative valuation, which is a method of valuing VanEck CMCI by comparing valuation metrics of similar companies.VanEck CMCI is currently under evaluation in beta as compared to similar ETFs.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, VanEck CMCI will likely underperform.
VanEck Fundamentals
| Return On Equity | 0.19 | |||
| Return On Asset | 0.0827 | |||
| Profit Margin | 0.16 % | |||
| Operating Margin | 0.26 % | |||
| Shares Outstanding | 53.1 M | |||
| Shares Owned By Insiders | 22.57 % | |||
| Price To Book | 0.01 X | |||
| Price To Sales | 0.01 X | |||
| Revenue | 119.82 M | |||
| Gross Profit | 45.55 M | |||
| EBITDA | 47.35 M | |||
| Net Income | 22.16 M | |||
| Cash And Equivalents | 46.14 M | |||
| Cash Per Share | 0.87 X | |||
| Total Debt | 446.9 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 45.06 X | |||
| Book Value Per Share | 2.28 X | |||
| Cash Flow From Operations | 47.95 M | |||
| Earnings Per Share | 0.38 X | |||
| Beta | 7.47 | |||
| Market Capitalization | 2.81 K | |||
| Total Asset | 245.61 M | |||
| Working Capital | 84.71 M | |||
| Current Asset | 66 M | |||
| Current Liabilities | 2 M | |||
| Annual Yield | 0.02 % | |||
| One Year Return | 1.90 % | |||
| Net Asset | 245.61 M |
About VanEck CMCI Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VanEck CMCI Commodity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VanEck CMCI using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VanEck CMCI Commodity 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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When determining whether VanEck CMCI Commodity offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck CMCI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vaneck Cmci Commodity Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Cmci Commodity Etf:Check out VanEck CMCI Piotroski F Score and VanEck CMCI Altman Z Score analysis. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of VanEck CMCI Commodity 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 CMCI's value that differs from its market value or its book value, called intrinsic value, which is VanEck CMCI'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 CMCI's market value can be influenced by many factors that don't directly affect VanEck CMCI'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 CMCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck CMCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck CMCI'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.