Vaneck Etf Trust Etf Net Asset
| SMOT Etf | USD 36.84 0.47 1.29% |
VanEck ETF Trust fundamentals help investors to digest information that contributes to VanEck ETF'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 ETF'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 ETF etf.
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VanEck ETF Trust ETF Net Asset Analysis
VanEck ETF's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, VanEck ETF Trust has a Net Asset of 0.0. This is 100.0% lower than that of the VanEck family and about the same as Mid-Cap Blend (which currently averages 0.0) category. The net asset for all United States etfs is 100.0% higher than that of the company.
VanEck Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VanEck ETF's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of VanEck ETF could also be used in its relative valuation, which is a method of valuing VanEck ETF by comparing valuation metrics of similar companies.VanEck ETF is currently under evaluation in net asset as compared to similar ETFs.
About VanEck ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VanEck ETF Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VanEck ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VanEck ETF Trust 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 VanEck ETF Piotroski F Score and VanEck ETF Altman Z Score analysis. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of VanEck ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is VanEck ETF'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 ETF's market value can be influenced by many factors that don't directly affect VanEck ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck ETF'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.