Vaneck Oil Refiners Etf Performance
| CRAK Etf | USD 28.68 0.27 0.93% |
The entity has a beta of 0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, VanEck Oil's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Oil is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days VanEck Oil Refiners has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, VanEck Oil is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
| In Threey Sharp Ratio | 0.11 |
VanEck |
VanEck Oil Relative Risk vs. Return Landscape
If you would invest 2,951 in VanEck Oil Refiners on November 9, 2024 and sell it today you would lose (83.00) from holding VanEck Oil Refiners or give up 2.81% of portfolio value over 90 days. VanEck Oil Refiners is currently does not generate positive expected returns and assumes 0.9498% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than VanEck, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
VanEck Oil Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Oil's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VanEck Oil Refiners, and traders can use it to determine the average amount a VanEck Oil's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0462
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| Negative Returns | CRAK |
Estimated Market Risk
| 0.95 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VanEck Oil is not performing at its full potential. However, 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 Oil by adding VanEck Oil to a well-diversified portfolio.
VanEck Oil Fundamentals Growth
VanEck Etf prices reflect investors' perceptions of the future prospects and financial health of VanEck Oil, and VanEck Oil fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on VanEck Etf performance.
| Price To Earning | 12.45 X | |||
| Price To Book | 1.42 X | |||
| Price To Sales | 0.35 X | |||
| Total Asset | 33.99 M | |||
About VanEck Oil Performance
By examining VanEck Oil's fundamental ratios, stakeholders can obtain critical insights into VanEck Oil's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that VanEck Oil is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Oil is traded on NYSEARCA Exchange in the United States.| VanEck Oil Refiners generated a negative expected return over the last 90 days | |
| The fund holds all of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck Oil Refiners. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of VanEck Oil Refiners 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 Oil's value that differs from its market value or its book value, called intrinsic value, which is VanEck Oil'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 Oil's market value can be influenced by many factors that don't directly affect VanEck Oil'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 Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Oil'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.