Vaneck Steel Etf Price History
SLX Etf | USD 71.55 0.66 0.93% |
Below is the normalized historical share price chart for VanEck Steel ETF extending back to October 16, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of VanEck Steel stands at 71.55, as last reported on the 26th of November, with the highest price reaching 71.79 and the lowest price hitting 71.49 during the day.
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. At this stage we consider VanEck Etf to be very steady. VanEck Steel ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0826, which indicates the etf had a 0.0826% return per unit of risk over the last 3 months. We have found thirty technical indicators for VanEck Steel ETF, which you can use to evaluate the volatility of the etf. Please validate VanEck Steel's Coefficient Of Variation of 1313.2, risk adjusted performance of 0.0639, and Semi Deviation of 1.47 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 31.48 | 200 Day MA 68.796 | 1 y Volatility 21.8 | 50 Day MA 68.8808 | Inception Date 2006-10-10 |
VanEck |
Sharpe Ratio = 0.0826
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Estimated Market Risk
1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average VanEck Steel is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of VanEck Steel by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 11 K |
VanEck Steel Etf Price History Chart
There are several ways to analyze VanEck Steel ETF price data. The simplest method is using a basic VanEck candlestick price chart, which shows VanEck Steel price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | November 7, 2024 | 73.7 |
Lowest Price | September 10, 2024 | 61.55 |
VanEck Steel November 26, 2024 Etf Price Synopsis
Various analyses of VanEck Steel's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell VanEck Etf. It can be used to describe the percentage change in the price of VanEck Steel from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of VanEck Etf.VanEck Steel Accumulation Distribution | 17.47 | |
VanEck Steel Price Action Indicator | 0.24 | |
VanEck Steel Price Daily Balance Of Power | 2.20 | |
VanEck Steel Price Rate Of Daily Change | 1.01 |
VanEck Steel November 26, 2024 Etf Price Analysis
VanEck Etf Price History Data
The price series of VanEck Steel for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 has a statistical range of 12.15 with a coefficient of variation of 3.92. The price distribution for the period has arithmetic mean of 67.82. The median price for the last 90 days is 68.2. The company had dividends distributed to its stock-holders on 21st of December 2020.Open | High | Low | Close | Volume | ||
11/25/2024 | 71.49 | 71.79 | 71.49 | 71.55 | 4,181 | |
11/22/2024 | 71.09 | 71.09 | 70.65 | 70.89 | 2,747 | |
11/21/2024 | 69.69 | 70.72 | 69.69 | 70.43 | 2,488 | |
11/20/2024 | 69.79 | 70.29 | 69.70 | 69.91 | 4,800 | |
11/19/2024 | 68.84 | 69.50 | 68.84 | 69.45 | 3,540 | |
11/18/2024 | 68.30 | 69.42 | 68.30 | 69.33 | 8,021 | |
11/15/2024 | 68.53 | 68.53 | 67.86 | 68.11 | 6,271 | |
11/14/2024 | 68.91 | 68.96 | 67.91 | 67.96 | 24,000 | |
11/13/2024 | 69.62 | 69.62 | 68.83 | 68.83 | 11,000 | |
11/12/2024 | 71.15 | 71.15 | 69.63 | 69.96 | 7,595 | |
11/11/2024 | 72.20 | 72.20 | 71.71 | 71.81 | 22,542 | |
11/08/2024 | 72.84 | 72.84 | 71.72 | 72.56 | 12,923 | |
11/07/2024 | 74.05 | 74.33 | 73.61 | 73.70 | 7,953 | |
11/06/2024 | 71.14 | 73.66 | 71.14 | 73.51 | 27,100 | |
11/05/2024 | 67.93 | 68.42 | 67.93 | 68.41 | 3,571 | |
11/04/2024 | 67.55 | 68.38 | 67.55 | 67.76 | 14,454 | |
11/01/2024 | 67.19 | 67.48 | 67.19 | 67.41 | 11,828 | |
10/31/2024 | 68.06 | 68.12 | 66.89 | 67.17 | 27,678 | |
10/30/2024 | 67.84 | 68.32 | 67.82 | 67.82 | 1,900 | |
10/29/2024 | 69.31 | 69.31 | 68.62 | 68.62 | 2,765 | |
10/28/2024 | 67.37 | 69.29 | 67.37 | 69.25 | 5,426 | |
10/25/2024 | 67.12 | 68.19 | 67.03 | 67.19 | 4,700 | |
10/24/2024 | 66.44 | 67.10 | 66.35 | 67.05 | 5,500 | |
10/23/2024 | 66.99 | 67.19 | 66.51 | 66.59 | 22,700 | |
10/22/2024 | 68.31 | 68.31 | 66.99 | 67.56 | 53,508 | |
10/21/2024 | 68.75 | 68.75 | 68.13 | 68.20 | 3,217 | |
10/18/2024 | 68.93 | 69.50 | 68.79 | 68.86 | 3,140 | |
10/17/2024 | 67.99 | 68.88 | 67.99 | 68.80 | 3,660 | |
10/16/2024 | 68.33 | 68.48 | 68.15 | 68.48 | 2,790 | |
10/15/2024 | 67.84 | 68.18 | 67.68 | 67.68 | 8,000 | |
10/14/2024 | 68.53 | 68.97 | 68.30 | 68.97 | 9,602 | |
10/11/2024 | 68.11 | 69.05 | 68.11 | 69.05 | 9,554 | |
10/10/2024 | 67.83 | 68.62 | 67.83 | 68.62 | 4,300 | |
10/09/2024 | 68.18 | 68.65 | 67.94 | 68.60 | 6,400 | |
10/08/2024 | 69.00 | 69.00 | 67.85 | 68.48 | 9,360 | |
10/07/2024 | 69.76 | 70.11 | 69.69 | 70.07 | 6,299 | |
10/04/2024 | 69.74 | 69.93 | 69.61 | 69.76 | 4,697 | |
10/03/2024 | 69.24 | 69.68 | 69.10 | 69.22 | 6,215 | |
10/02/2024 | 70.56 | 71.21 | 70.27 | 70.27 | 5,161 | |
10/01/2024 | 70.22 | 70.75 | 70.10 | 70.62 | 3,680 | |
09/30/2024 | 70.79 | 70.79 | 70.25 | 70.42 | 3,300 | |
09/27/2024 | 70.94 | 71.52 | 70.62 | 70.85 | 7,142 | |
09/26/2024 | 70.00 | 70.79 | 70.00 | 70.37 | 7,119 | |
09/25/2024 | 69.64 | 69.64 | 68.54 | 68.68 | 2,879 | |
09/24/2024 | 68.57 | 69.52 | 68.57 | 69.15 | 10,700 | |
09/23/2024 | 66.39 | 66.94 | 66.39 | 66.94 | 5,686 | |
09/20/2024 | 67.40 | 67.40 | 66.45 | 66.58 | 9,054 | |
09/19/2024 | 67.25 | 67.94 | 67.15 | 67.94 | 17,139 | |
09/18/2024 | 65.58 | 66.93 | 65.54 | 65.57 | 44,147 | |
09/17/2024 | 65.54 | 65.74 | 65.31 | 65.50 | 6,334 | |
09/16/2024 | 65.15 | 65.26 | 64.85 | 65.08 | 7,063 | |
09/13/2024 | 64.62 | 65.26 | 64.58 | 64.99 | 18,102 | |
09/12/2024 | 62.97 | 63.75 | 62.97 | 63.68 | 6,000 | |
09/11/2024 | 61.71 | 62.54 | 60.80 | 62.54 | 8,800 | |
09/10/2024 | 62.15 | 62.15 | 61.14 | 61.55 | 3,700 | |
09/09/2024 | 62.50 | 62.96 | 62.44 | 62.49 | 8,751 | |
09/06/2024 | 62.72 | 62.72 | 61.66 | 62.03 | 8,611 | |
09/05/2024 | 62.94 | 63.13 | 62.53 | 62.67 | 9,609 | |
09/04/2024 | 63.23 | 63.79 | 62.79 | 62.80 | 5,365 | |
09/03/2024 | 65.50 | 65.50 | 63.30 | 63.34 | 26,945 | |
08/30/2024 | 66.34 | 66.67 | 66.11 | 66.60 | 5,319 |
About VanEck Steel Etf history
VanEck Steel investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for VanEck is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in VanEck Steel ETF will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing VanEck Steel stock prices may prove useful in developing a viable investing in VanEck Steel
The fund normally invests at least 80 percent of its total assets in common stocks and depositary receipts of companies involved in the steel sector. Vaneck Steel is traded on NYSEARCA Exchange in the United States.
VanEck Steel Etf Technical Analysis
VanEck Steel 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.
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VanEck Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Steel's price direction in advance. Along with the technical and fundamental analysis of VanEck Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of VanEck to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0639 | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.15) | |||
Sortino Ratio | (0.0009) | |||
Treynor Ratio | 0.0758 |
Cycle Indicators | ||
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Pattern Recognition | ||
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Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VanEck Steel ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of VanEck Steel ETF 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 Steel's value that differs from its market value or its book value, called intrinsic value, which is VanEck Steel'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 Steel's market value can be influenced by many factors that don't directly affect VanEck Steel'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 Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Steel'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.