Vaneck Emerging Markets Fund Market Value
| EMRZX Fund | USD 15.01 0.04 0.27% |
| Symbol | Vaneck |
Vaneck Emerging 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Vaneck Emerging's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Vaneck Emerging.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Vaneck Emerging on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Vaneck Emerging Markets or generate 0.0% return on investment in Vaneck Emerging over 30 days. Vaneck Emerging is related to or competes with Unconstrained Emerging, Unconstrained Emerging, Unconstrained Emerging, Emerging Markets, Emerging Markets, Emerging Markets, and Vaneck Environmental. Under normal conditions, the fund invests at least 80 percent of its net assets in securities of companies that are orga... More
Vaneck Emerging Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Vaneck Emerging's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Vaneck Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 4.38 | |||
| Value At Risk | (1.68) | |||
| Potential Upside | 1.42 |
Vaneck Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vaneck Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vaneck Emerging's standard deviation. In reality, there are many statistical measures that can use Vaneck Emerging historical prices to predict the future Vaneck Emerging's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.12) |
Vaneck Emerging Markets Backtested Returns
Vaneck Emerging Markets owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0601, which indicates the fund had a -0.0601% return per unit of risk over the last 3 months. Vaneck Emerging Markets exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vaneck Emerging's Risk Adjusted Performance of (0.04), coefficient of variation of (1,967), and Variance of 0.8069 to confirm the risk estimate we provide. The entity has a beta of 0.48, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vaneck Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vaneck Emerging is expected to be smaller as well.
Auto-correlation | 0.29 |
Poor predictability
Vaneck Emerging Markets has poor predictability. Overlapping area represents the amount of predictability between Vaneck Emerging time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Vaneck Emerging Markets price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Vaneck Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Vaneck Emerging Markets lagged returns against current returns
Autocorrelation, which is Vaneck Emerging mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Vaneck Emerging's mutual fund expected returns. We can calculate the autocorrelation of Vaneck Emerging returns to help us make a trade decision. For example, suppose you find that Vaneck Emerging has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Vaneck Emerging regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Vaneck Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vaneck Emerging mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vaneck Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vaneck Emerging Lagged Returns
When evaluating Vaneck Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vaneck Emerging mutual fund have on its future price. Vaneck Emerging autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Vaneck Emerging autocorrelation shows the relationship between Vaneck Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vaneck Emerging Markets.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Vaneck Mutual Fund
Vaneck Emerging financial ratios help investors to determine whether Vaneck Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Vaneck with respect to the benefits of owning Vaneck Emerging security.
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