VanEck Sustainable (Netherlands) Market Value
| TSWE Etf | EUR 34.11 0.42 1.25% |
| Symbol | VanEck |
VanEck Sustainable '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 Sustainable'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 Sustainable.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in VanEck Sustainable on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding VanEck Sustainable World or generate 0.0% return on investment in VanEck Sustainable over 270 days. VanEck Sustainable is related to or competes with VanEck Morningstar, VanEck Global, VanEck AEX, Vanguard FTSE, and IShares SP. The Think Sustainable World UCITS ETF is a globally diversified shares tracker consisting of 250 underlying companies More
VanEck Sustainable 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 Sustainable'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 Sustainable World upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6471 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 2.74 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 1.25 |
VanEck Sustainable Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Sustainable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VanEck Sustainable's standard deviation. In reality, there are many statistical measures that can use VanEck Sustainable historical prices to predict the future VanEck Sustainable's volatility.| Risk Adjusted Performance | 0.1254 | |||
| Jensen Alpha | 0.0263 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1652 |
VanEck Sustainable World Backtested Returns
Currently, VanEck Sustainable World is very steady. VanEck Sustainable World owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the etf had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for VanEck Sustainable World, which you can use to evaluate the volatility of the etf. Please validate VanEck Sustainable's Risk Adjusted Performance of 0.1254, coefficient of variation of 603.2, and Semi Deviation of 0.4208 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. The entity has a beta of 0.59, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VanEck Sustainable's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Sustainable is expected to be smaller as well.
Auto-correlation | 0.59 |
Modest predictability
VanEck Sustainable World has modest predictability. Overlapping area represents the amount of predictability between VanEck Sustainable time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th 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 Sustainable World price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current VanEck Sustainable price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.81 |
VanEck Sustainable World lagged returns against current returns
Autocorrelation, which is VanEck Sustainable 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 Sustainable's etf expected returns. We can calculate the autocorrelation of VanEck Sustainable returns to help us make a trade decision. For example, suppose you find that VanEck Sustainable 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 Sustainable 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 Sustainable etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VanEck Sustainable etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VanEck Sustainable etf over time.
Current vs Lagged Prices |
| Timeline |
VanEck Sustainable Lagged Returns
When evaluating VanEck Sustainable's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VanEck Sustainable etf have on its future price. VanEck Sustainable 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 Sustainable autocorrelation shows the relationship between VanEck Sustainable etf current value and its past values and can show if there is a momentum factor associated with investing in VanEck Sustainable World.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in VanEck Etf
VanEck Sustainable 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 Sustainable security.