Vaneck Morningstar Wide Etf One Year Return
| MOAT Etf | 129.52 2.00 1.57% |
VanEck Morningstar Wide fundamentals help investors to digest information that contributes to VanEck Morningstar'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 Morningstar'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 Morningstar etf.
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VanEck Morningstar Wide ETF One Year Return Analysis
VanEck Morningstar's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current VanEck Morningstar One Year Return | 22.90 % |
Most of VanEck Morningstar's fundamental indicators, such as One Year Return, 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 Morningstar Wide is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
| Competition |
Based on the recorded statements, VanEck Morningstar Wide has an One Year Return of 22.9%. This is much higher than that of the family and significantly higher than that of the Equity North America category. The one year return for all Australia etfs is notably lower than that of the firm.
VanEck One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VanEck Morningstar's direct or indirect competition against its One Year 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 Morningstar could also be used in its relative valuation, which is a method of valuing VanEck Morningstar by comparing valuation metrics of similar companies.VanEck Morningstar is currently under evaluation in one year return as compared to similar ETFs.
VanEck Fundamentals
| Beta | 0.89 | |||
| One Year Return | 22.90 % | |||
| Three Year Return | 9.60 % | |||
| Five Year Return | 13.40 % |
About VanEck Morningstar Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VanEck Morningstar Wide's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VanEck Morningstar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VanEck Morningstar Wide 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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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Morningstar Wide. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.