VanEck Gaming ETF Stock Price Down 1.2
| BJK Etf | USD 44.49 0.12 0.27% |
About 54% of VanEck Gaming's investor base is interested to short. The current sentiment regarding investing in VanEck Gaming ETF etf implies that many traders are impartial. VanEck Gaming's investing sentiment shows overall attitude of investors towards VanEck Gaming ETF.
VanEck |
VanEck Gaming ETF s share price dropped 1.2 percent during mid-day trading on Wednesday . The company traded as low as 43.92 and last traded at 43.94. Approximately 14,108 shares changed hands during mid-day trading, a decline of 53 percent from the average daily volume of 30,158 shares. The stock had previously closed at
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VanEck Gaming Fundamental Analysis
We analyze VanEck Gaming's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VanEck Gaming using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VanEck Gaming 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.
Three Year Return
Three Year Return Comparative Analysis
VanEck Gaming is currently under evaluation in three year return as compared to similar ETFs. Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
VanEck Gaming ETF Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with VanEck Gaming etf to make a market-neutral strategy. Peer analysis of VanEck Gaming could also be used in its relative valuation, which is a method of valuing VanEck Gaming by comparing valuation metrics with similar companies.
Peers
VanEck Gaming Related Equities
| NERD | Roundhill Video | 0.60 | ||||
| ESPO | VanEck Video | 0.19 | ||||
| PEJ | Invesco Dynamic | 0.18 | ||||
| BETZ | Roundhill Sports | 0.05 | ||||
| CARZ | First Trust | 1.24 |
Check out VanEck Gaming Hype Analysis, VanEck Gaming Correlation and VanEck Gaming Performance. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of VanEck Gaming ETF 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 Gaming's value that differs from its market value or its book value, called intrinsic value, which is VanEck Gaming'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 Gaming's market value can be influenced by many factors that don't directly affect VanEck Gaming'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 Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Gaming'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.