Vaneck Morningstar International Etf Market Value
| MOTI Etf | USD 31.63 0.13 0.41% |
| Symbol | VanEck |
The market value of VanEck Morningstar 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 Morningstar's value that differs from its market value or its book value, called intrinsic value, which is VanEck Morningstar'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 Morningstar's market value can be influenced by many factors that don't directly affect VanEck Morningstar'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 Morningstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Morningstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Morningstar'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.
VanEck Morningstar '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 Morningstar'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 Morningstar.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in VanEck Morningstar on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding VanEck Morningstar International or generate 0.0% return on investment in VanEck Morningstar over 30 days. VanEck Morningstar is related to or competes with Dimensional Targeted, Dimensional Small, Dimensional Marketwide, Dimensional Core, and Avantis International. The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index More
VanEck Morningstar 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 Morningstar'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 Morningstar International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 8.6 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 1.81 |
VanEck Morningstar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Morningstar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VanEck Morningstar's standard deviation. In reality, there are many statistical measures that can use VanEck Morningstar historical prices to predict the future VanEck Morningstar's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.12) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of VanEck Morningstar'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 Morningstar Backtested Returns
VanEck Morningstar owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0339, which indicates the etf had a -0.0339% return per unit of risk over the last 3 months. VanEck Morningstar International exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck Morningstar's Variance of 1.72, risk adjusted performance of (0.02), and Coefficient Of Variation of (3,724) to confirm the risk estimate we provide. The entity has a beta of 0.39, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VanEck Morningstar's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Morningstar is expected to be smaller as well.
Auto-correlation | 0.35 |
Below average predictability
VanEck Morningstar International has below average predictability. Overlapping area represents the amount of predictability between VanEck Morningstar 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 Morningstar price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current VanEck Morningstar price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
VanEck Morningstar lagged returns against current returns
Autocorrelation, which is VanEck Morningstar 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 Morningstar's etf expected returns. We can calculate the autocorrelation of VanEck Morningstar returns to help us make a trade decision. For example, suppose you find that VanEck Morningstar 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 |
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VanEck Morningstar 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 Morningstar etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VanEck Morningstar etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VanEck Morningstar etf over time.
Current vs Lagged Prices |
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VanEck Morningstar Lagged Returns
When evaluating VanEck Morningstar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VanEck Morningstar etf have on its future price. VanEck Morningstar 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 Morningstar autocorrelation shows the relationship between VanEck Morningstar etf current value and its past values and can show if there is a momentum factor associated with investing in VanEck Morningstar International.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether VanEck Morningstar offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck Morningstar's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vaneck Morningstar International Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Morningstar International Etf:Check out VanEck Morningstar Correlation, VanEck Morningstar Volatility and VanEck Morningstar Alpha and Beta module to complement your research on VanEck Morningstar. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
VanEck Morningstar technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.