Vaneck Natural Resources Etf Price To Earning
| HAP Etf | USD 50.83 0.15 0.30% |
VanEck Natural Resources fundamentals help investors to digest information that contributes to VanEck Natural'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 Natural'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 Natural etf.
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VanEck Natural Resources ETF Price To Earning Analysis
VanEck Natural's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current VanEck Natural Price To Earning | 20.82 X |
Most of VanEck Natural's fundamental indicators, such as Price To Earning, 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 Natural Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, VanEck Natural Resources has a Price To Earning of 20.82 times. This is much higher than that of the VanEck family and significantly higher than that of the Natural Resources category. The price to earning for all United States etfs is notably lower than that of the firm.
VanEck Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VanEck Natural's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of VanEck Natural could also be used in its relative valuation, which is a method of valuing VanEck Natural by comparing valuation metrics of similar companies.VanEck Natural is currently under evaluation in price to earning as compared to similar ETFs.
Fund Asset Allocation for VanEck Natural
The fund invests 100.12% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides VanEck Natural'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 | 20.82 X | |||
| Price To Book | 1.60 X | |||
| Price To Sales | 0.93 X | |||
| Number Of Employees | 119 | |||
| Beta | 0.92 | |||
| Total Asset | 116.97 M | |||
| One Year Return | 8.70 % | |||
| Three Year Return | 5.20 % | |||
| Five Year Return | 10.00 % | |||
| Ten Year Return | 5.90 % | |||
| Net Asset | 116.97 M | |||
| Last Dividend Paid | 1.0 | |||
| Equity Positions Weight | 100.12 % |
About VanEck Natural Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VanEck Natural Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VanEck Natural using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VanEck Natural Resources 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 Natural
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 Natural 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 Natural will appreciate offsetting losses from the drop in the long position's value.Moving together with VanEck Etf
| 0.62 | EV | Mast Global Battery | PairCorr |
| 0.85 | XLB | Materials Select Sector | PairCorr |
| 0.69 | VAW | Vanguard Materials Index | PairCorr |
The ability to find closely correlated positions to VanEck Natural 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 Natural 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 Natural - 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 Natural Resources to buy it.
The correlation of VanEck Natural 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 Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VanEck Natural Resources 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 Natural 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 Natural Piotroski F Score and VanEck Natural Altman Z Score analysis. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of VanEck Natural Resources 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 Natural's value that differs from its market value or its book value, called intrinsic value, which is VanEck Natural'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 Natural's market value can be influenced by many factors that don't directly affect VanEck Natural'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 Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Natural'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.