VanEck Global (Switzerland) Market Value
| GDIG Etf | CHF 27.85 0.09 0.32% |
| Symbol | VanEck |
VanEck Global '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 Global's etf 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 Global.
| 01/17/2024 |
| 03/12/2025 |
If you would invest 0.00 in VanEck Global on January 17, 2024 and sell it all today you would earn a total of 0.00 from holding VanEck Global Mining or generate 0.0% return on investment in VanEck Global over 420 days. VanEck Global is related to or competes with VanEck Gold. VanEck Vectors Global Mining UCITS ETF is a UCITS-compliant exchange-traded fund that invests in a portfolio of equity s... More
VanEck Global 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 Global's etf 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 Global Mining upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0392 | |||
| Maximum Drawdown | 7.05 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 2.39 |
VanEck Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VanEck Global's standard deviation. In reality, there are many statistical measures that can use VanEck Global historical prices to predict the future VanEck Global's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.1593 | |||
| Treynor Ratio | (0.21) |
VanEck Global Mining Backtested Returns
VanEck Global Mining owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0343, which indicates the etf had a -0.0343 % return per unit of risk over the last 3 months. VanEck Global Mining exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck Global's Risk Adjusted Performance of (0.01), coefficient of variation of (5,035), and Variance of 2.55 to confirm the risk estimate we provide. The entity has a beta of 0.2, which indicates not very significant fluctuations relative to the market. As returns on the market increase, VanEck Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Global is expected to be smaller as well.
Auto-correlation | 0.17 |
Very weak predictability
VanEck Global Mining has very weak predictability. Overlapping area represents the amount of predictability between VanEck Global time series from 17th of January 2024 to 14th of August 2024 and 14th of August 2024 to 12th of March 2025. 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 Global Mining price movement. The serial correlation of 0.17 indicates that over 17.0% of current VanEck Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 1.36 |
VanEck Global Mining lagged returns against current returns
Autocorrelation, which is VanEck Global etf'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 Global's etf expected returns. We can calculate the autocorrelation of VanEck Global returns to help us make a trade decision. For example, suppose you find that VanEck Global has exhibited high autocorrelation historically, and you observe that the etf 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 Global 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 Global etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VanEck Global etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VanEck Global etf over time.
Current vs Lagged Prices |
| Timeline |
VanEck Global Lagged Returns
When evaluating VanEck Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VanEck Global etf have on its future price. VanEck Global 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 Global autocorrelation shows the relationship between VanEck Global etf current value and its past values and can show if there is a momentum factor associated with investing in VanEck Global Mining.
Regressed Prices |
| Timeline |
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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 Etf
VanEck Global financial ratios help investors to determine whether VanEck Etf 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 Global security.