Vaneck Ucits' market value is the price at which a share of Vaneck Ucits trades on a public exchange. It measures the collective expectations of Vaneck Ucits Etfs investors about its performance. Vaneck Ucits is selling for under 23.13 as of the 1st of December 2024; that is 0.3 percent decrease since the beginning of the trading day. The etf's lowest day price was 23.13. With this module, you can estimate the performance of a buy and hold strategy of Vaneck Ucits Etfs and determine expected loss or profit from investing in Vaneck Ucits over a given investment horizon. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Vaneck
Vaneck Ucits '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 Ucits' 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 Ucits.
0.00
11/01/2024
No Change 0.00
0.0
In 30 days
12/01/2024
0.00
If you would invest 0.00 in Vaneck Ucits on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Vaneck Ucits Etfs or generate 0.0% return on investment in Vaneck Ucits over 30 days.
Vaneck Ucits 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 Ucits' 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 Ucits Etfs upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vaneck Ucits' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vaneck Ucits' standard deviation. In reality, there are many statistical measures that can use Vaneck Ucits historical prices to predict the future Vaneck Ucits' volatility.
Currently, Vaneck Ucits Etfs is very steady. Vaneck Ucits Etfs owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0326, which indicates the etf had a 0.0326% return per unit of risk over the last 3 months. We have found thirty technical indicators for Vaneck Ucits Etfs, which you can use to evaluate the volatility of the etf. Please validate Vaneck Ucits' Coefficient Of Variation of 2756.36, risk adjusted performance of 0.0336, and Semi Deviation of 1.79 to confirm if the risk estimate we provide is consistent with the expected return of 0.0596%. The entity has a beta of 0.42, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vaneck Ucits' returns are expected to increase less than the market. However, during the bear market, the loss of holding Vaneck Ucits is expected to be smaller as well.
Auto-correlation
0.89
Very good predictability
Vaneck Ucits Etfs has very good predictability. Overlapping area represents the amount of predictability between Vaneck Ucits time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Ucits Etfs price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Vaneck Ucits price fluctuation can be explain by its past prices.
Correlation Coefficient
0.89
Spearman Rank Test
0.27
Residual Average
0.0
Price Variance
0.15
Vaneck Ucits Etfs lagged returns against current returns
Autocorrelation, which is Vaneck Ucits 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 Ucits' etf expected returns. We can calculate the autocorrelation of Vaneck Ucits returns to help us make a trade decision. For example, suppose you find that Vaneck Ucits 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 Ucits 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 Ucits etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vaneck Ucits etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vaneck Ucits etf over time.
Current vs Lagged Prices
Timeline
Vaneck Ucits Lagged Returns
When evaluating Vaneck Ucits' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vaneck Ucits etf have on its future price. Vaneck Ucits 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 Ucits autocorrelation shows the relationship between Vaneck Ucits etf current value and its past values and can show if there is a momentum factor associated with investing in Vaneck Ucits Etfs.
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.