Vaneck Long Muni Etf Total Debt
| MLN Etf | USD 17.78 0.02 0.11% |
VanEck Long Muni fundamentals help investors to digest information that contributes to VanEck Long'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 Long'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 Long etf.
VanEck |
VanEck Long Muni ETF Total Debt Analysis
VanEck Long's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
| Competition |
Based on the latest financial disclosure, VanEck Long Muni has a Total Debt 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 Muni National Long (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Did you try this?
Run Bollinger Bands Now
Bollinger BandsUse Bollinger Bands indicator to analyze target price for a given investing horizon |
| All Next | Launch Module |
VanEck Fundamentals
| Number Of Employees | 13 | |||
| Beta | 1.54 | |||
| Total Asset | 209.07 M | |||
| One Year Return | 1.80 % | |||
| Three Year Return | (1.80) % | |||
| Five Year Return | (0.80) % | |||
| Ten Year Return | 1.60 % | |||
| Net Asset | 209.07 M | |||
| Last Dividend Paid | 0.0368 |
About VanEck Long Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VanEck Long Muni's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VanEck Long using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VanEck Long Muni 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 Long
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 Long 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 Long will appreciate offsetting losses from the drop in the long position's value.Moving together with VanEck Etf
| 0.74 | TFI | SPDR Nuveen Bloomberg Sell-off Trend | PairCorr |
| 0.78 | PZA | Invesco National AMT | PairCorr |
| 0.84 | BAB | Invesco Taxable Municipal | PairCorr |
| 0.97 | MMIN | IQ MacKay Municipal | PairCorr |
The ability to find closely correlated positions to VanEck Long 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 Long 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 Long - 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 Long Muni to buy it.
The correlation of VanEck Long 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 Long moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VanEck Long Muni 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 Long 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 Long Piotroski F Score and VanEck Long Altman Z Score analysis. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of VanEck Long Muni 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 Long's value that differs from its market value or its book value, called intrinsic value, which is VanEck Long'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 Long's market value can be influenced by many factors that don't directly affect VanEck Long'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 Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Long'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.