Vaneck Merk Gold Etf Fundamentals
| OUNZ Etf | USD 25.45 0.06 0.24% |
VanEck Merk Gold fundamentals help investors to digest information that contributes to VanEck Merk'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 Merk'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 Merk etf.
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VanEck Merk Gold ETF Beta Analysis
VanEck Merk'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 Merk Beta | 0.14 |
Most of VanEck Merk'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 Merk Gold 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.
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In accordance with the recently published financial statements, VanEck Merk Gold has a Beta of 0.14. This is much higher than that of the Merk Funds family and significantly higher than that of the Commodities Focused 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 Merk'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 Merk could also be used in its relative valuation, which is a method of valuing VanEck Merk by comparing valuation metrics of similar companies.VanEck Merk is currently under evaluation in beta as compared to similar ETFs.
As returns on the market increase, VanEck Merk's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Merk is expected to be smaller as well.
VanEck Fundamentals
| Number Of Employees | 292 | |||
| Beta | 0.14 | |||
| Total Asset | 595.56 M | |||
| One Year Return | 28.80 % | |||
| Three Year Return | 13.50 % | |||
| Five Year Return | 12.30 % | |||
| Ten Year Return | 8.10 % | |||
| Net Asset | 595.56 M |
About VanEck Merk Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VanEck Merk Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VanEck Merk using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VanEck Merk Gold 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.The investment seeks to provide investors with an opportunity to invest in gold through the shares and be able to take delivery of physical gold in exchange for those shares. Vaneck Merk is traded on NYSEArca Exchange in the United States.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether VanEck Merk Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck Merk'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 Merk Gold Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Merk Gold Etf:Check out VanEck Merk Piotroski F Score and VanEck Merk Altman Z Score analysis. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of VanEck Merk Gold 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 Merk's value that differs from its market value or its book value, called intrinsic value, which is VanEck Merk'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 Merk's market value can be influenced by many factors that don't directly affect VanEck Merk'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 Merk's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Merk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Merk'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.