Vaneck Rare Earthstrategic Etf Market Value
| REMX Etf | USD 45.95 0.10 0.22% |
| Symbol | VanEck |
The market value of VanEck Rare EarthStr 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 Rare's value that differs from its market value or its book value, called intrinsic value, which is VanEck Rare'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 Rare's market value can be influenced by many factors that don't directly affect VanEck Rare'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 Rare's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Rare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Rare'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 Rare '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 Rare'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 Rare.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in VanEck Rare on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding VanEck Rare EarthStrategic or generate 0.0% return on investment in VanEck Rare over 540 days. VanEck Rare is related to or competes with Global X, Global X, Global X, IShares MSCI, and SPDR SP. The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index More
VanEck Rare 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 Rare'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 Rare EarthStrategic upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.56 | |||
| Information Ratio | 0.0424 | |||
| Maximum Drawdown | 13.68 | |||
| Value At Risk | (3.87) | |||
| Potential Upside | 6.5 |
VanEck Rare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Rare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VanEck Rare's standard deviation. In reality, there are many statistical measures that can use VanEck Rare historical prices to predict the future VanEck Rare's volatility.| Risk Adjusted Performance | 0.0753 | |||
| Jensen Alpha | 0.1413 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0446 | |||
| Treynor Ratio | 0.2998 |
VanEck Rare EarthStr Backtested Returns
VanEck Rare appears to be very steady, given 3 months investment horizon. VanEck Rare EarthStr owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the etf had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for VanEck Rare EarthStrategic, which you can use to evaluate the volatility of the etf. Please review VanEck Rare's Semi Deviation of 2.27, coefficient of variation of 1124.2, and Risk Adjusted Performance of 0.0753 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.77, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VanEck Rare's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Rare is expected to be smaller as well.
Auto-correlation | 0.60 |
Good predictability
VanEck Rare EarthStrategic has good predictability. Overlapping area represents the amount of predictability between VanEck Rare time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Rare EarthStr price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current VanEck Rare price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 27.57 |
VanEck Rare EarthStr lagged returns against current returns
Autocorrelation, which is VanEck Rare 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 Rare's etf expected returns. We can calculate the autocorrelation of VanEck Rare returns to help us make a trade decision. For example, suppose you find that VanEck Rare 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 Rare 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 Rare etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VanEck Rare etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VanEck Rare etf over time.
Current vs Lagged Prices |
| Timeline |
VanEck Rare Lagged Returns
When evaluating VanEck Rare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VanEck Rare etf have on its future price. VanEck Rare 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 Rare autocorrelation shows the relationship between VanEck Rare etf current value and its past values and can show if there is a momentum factor associated with investing in VanEck Rare EarthStrategic.
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.When determining whether VanEck Rare EarthStr offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck Rare'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 Rare Earthstrategic Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Rare Earthstrategic Etf:Check out VanEck Rare Correlation, VanEck Rare Volatility and VanEck Rare Alpha and Beta module to complement your research on VanEck Rare. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
VanEck Rare 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.