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.
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
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.

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 PriceNovember 7, 202473.7
Lowest PriceSeptember 10, 202461.55

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

When benchmark price declines in a down market, there may be an uptick in VanEck Steel ETF price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use VanEck Steel intraday prices and daily technical indicators to check the level of noise trading in VanEck Steel ETF and then apply it to test your longer-term investment strategies against VanEck.

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.
OpenHighLowCloseVolume
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.
A focus of VanEck Steel technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of VanEck Steel trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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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.
When determining whether VanEck Steel ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck Steel'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 Steel Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Steel Etf:
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.