Vaneck Cef Municipal Etf Fundamentals
| XMPT Etf | USD 22.41 0.04 0.18% |
VanEck CEF Municipal fundamentals help investors to digest information that contributes to VanEck CEF'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 CEF'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 CEF etf.
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VanEck CEF Municipal ETF Price To Earning Analysis
VanEck CEF'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 CEF Price To Earning | 8.32 X |
Most of VanEck CEF'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 CEF Municipal 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 CEF Municipal has a Price To Earning of 8.32 times. This is 204.76% higher than that of the VanEck family and significantly higher than that of the High Yield Muni category. The price to earning for all United States etfs is 164.13% lower than that of the firm.
VanEck CEF Municipal Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VanEck CEF's current stock value. Our valuation model uses many indicators to compare VanEck CEF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VanEck CEF competition to find correlations between indicators driving VanEck CEF's intrinsic value. More Info.VanEck CEF Municipal is rated first in price to earning as compared to similar ETFs. It is rated first in price to book as compared to similar ETFs fabricating about 0.96 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for VanEck CEF Municipal is roughly 1.04 . Comparative valuation analysis is a catch-all technique that is used if you cannot value VanEck CEF by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Did you try this?
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Fund Asset Allocation for VanEck CEF
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in stocks and bonds.Asset allocation divides VanEck CEF'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 | 8.32 X | |||
| Price To Book | 7.98 X | |||
| Price To Sales | 1.01 X | |||
| Number Of Employees | 185 | |||
| Beta | 2.22 | |||
| Total Asset | 134.91 M | |||
| One Year Return | 16.00 % | |||
| Three Year Return | (4.30) % | |||
| Five Year Return | 0.20 % | |||
| Ten Year Return | 3.10 % | |||
| Net Asset | 134.91 M | |||
| Last Dividend Paid | 0.0966 | |||
| Equity Positions Weight | 0.52 % | |||
| Bond Positions Weight | 4.16 % |
About VanEck CEF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VanEck CEF Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VanEck CEF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VanEck CEF Municipal 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 fund normally invests at least 80 percent of its total assets in investments the income from which is exempt from U.S. federal income tax . Vaneck CEF is traded on BATS Exchange in the United States.
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Check out VanEck CEF Piotroski F Score and VanEck CEF Altman Z Score analysis. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of VanEck CEF Municipal 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 CEF's value that differs from its market value or its book value, called intrinsic value, which is VanEck CEF'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 CEF's market value can be influenced by many factors that don't directly affect VanEck CEF'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 CEF's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck CEF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck CEF'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.