Vaneck Vietnam Etf Performance
VNM Etf | USD 11.97 0.08 0.67% |
The entity has a beta of 0.49, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VanEck Vietnam's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Vietnam is expected to be smaller as well.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in VanEck Vietnam ETF are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, VanEck Vietnam is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
In Threey Sharp Ratio | -0.66 |
VanEck |
VanEck Vietnam Relative Risk vs. Return Landscape
If you would invest 1,172 in VanEck Vietnam ETF on November 30, 2024 and sell it today you would earn a total of 25.00 from holding VanEck Vietnam ETF or generate 2.13% return on investment over 90 days. VanEck Vietnam ETF is generating 0.0402% of daily returns assuming volatility of 0.9545% on return distribution over 90 days investment horizon. In other words, 8% of etfs are less volatile than VanEck, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
Risk |
VanEck Vietnam Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Vietnam's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VanEck Vietnam ETF, and traders can use it to determine the average amount a VanEck Vietnam'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 = 0.0421
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | VNM |
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
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average VanEck Vietnam is performing at about 3% 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 Vietnam by adding it to a well-diversified portfolio.
VanEck Vietnam Fundamentals Growth
VanEck Etf prices reflect investors' perceptions of the future prospects and financial health of VanEck Vietnam, and VanEck Vietnam 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 | 11.96 X | |||
Price To Book | 1.28 X | |||
Price To Sales | 1.21 X | |||
Total Asset | 320.31 M | |||
About VanEck Vietnam Performance
By examining VanEck Vietnam's fundamental ratios, stakeholders can obtain critical insights into VanEck Vietnam'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 Vietnam 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 Vietnam is traded on BATS Exchange in the United States.This fund generated-3.0 ten year return of -3.0% | |
VanEck Vietnam keeps 99.54% of its net assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VanEck Vietnam 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 board of governors. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of VanEck Vietnam 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 Vietnam's value that differs from its market value or its book value, called intrinsic value, which is VanEck Vietnam'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 Vietnam's market value can be influenced by many factors that don't directly affect VanEck Vietnam'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 Vietnam's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Vietnam is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Vietnam'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.