Vaneck Environmental Sustainability Fund Market Value
| ENVYX Fund | USD 16.44 0.00 0.00% |
| Symbol | Vaneck |
Vaneck Environmental '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 Environmental'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 Environmental.
| 09/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Vaneck Environmental on September 28, 2024 and sell it all today you would earn a total of 0.00 from holding Vaneck Environmental Sustainability or generate 0.0% return on investment in Vaneck Environmental over 60 days. Vaneck Environmental is related to or competes with Firsthand Alternative, Portfolio, HUMANA, Barloworld, Morningstar Unconstrained, Thrivent High, and High-yield Municipal. Under normal conditions, the fund invests at least 80 percent of its net assets in securities of companies operating in ... More
Vaneck Environmental 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 Environmental'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 Environmental Sustainability upside and downside potential and time the market with a certain degree of confidence.
Vaneck Environmental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vaneck Environmental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vaneck Environmental's standard deviation. In reality, there are many statistical measures that can use Vaneck Environmental historical prices to predict the future Vaneck Environmental's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vaneck Environmental's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Vaneck Environmental Backtested Returns
We have found three technical indicators for Vaneck Environmental Sustainability, which you can use to evaluate the volatility of the fund. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Vaneck Environmental are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Vaneck Environmental Sustainability has perfect predictability. Overlapping area represents the amount of predictability between Vaneck Environmental time series from 28th of September 2024 to 28th of October 2024 and 28th of October 2024 to 27th 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 Environmental price movement. The serial correlation of 1.0 indicates that 100.0% of current Vaneck Environmental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vaneck Environmental lagged returns against current returns
Autocorrelation, which is Vaneck Environmental 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 Environmental's mutual fund expected returns. We can calculate the autocorrelation of Vaneck Environmental returns to help us make a trade decision. For example, suppose you find that Vaneck Environmental 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 Environmental 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 Environmental mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vaneck Environmental 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 Environmental mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vaneck Environmental Lagged Returns
When evaluating Vaneck Environmental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vaneck Environmental mutual fund have on its future price. Vaneck Environmental 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 Environmental autocorrelation shows the relationship between Vaneck Environmental mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vaneck Environmental Sustainability.
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 Environmental 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 Environmental security.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |