VanEck Smart (Germany) Performance
| VSMA Etf | 12.98 0.47 3.76% |
The entity has a beta of 0.75, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VanEck Smart's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Smart is expected to be smaller as well.
Risk-Adjusted Performance
21 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in VanEck Smart Contract are ranked lower than 21 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile basic indicators, VanEck Smart exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
VanEck |
VanEck Smart Relative Risk vs. Return Landscape
If you would invest 680.00 in VanEck Smart Contract on September 3, 2024 and sell it today you would earn a total of 618.00 from holding VanEck Smart Contract or generate 90.88% return on investment over 90 days. VanEck Smart Contract is generating 1.0757% of daily returns and assumes 3.9969% volatility on return distribution over the 90 days horizon. Simply put, 35% of etfs are less volatile than VanEck, and 79% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
VanEck Smart Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Smart's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VanEck Smart Contract, and traders can use it to determine the average amount a VanEck Smart'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 = 0.2691
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.0 actual daily | 35 65% of assets are more volatile |
Expected Return
| 1.08 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average VanEck Smart is performing at about 21% 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 Smart by adding it to a well-diversified portfolio.
| VanEck Smart appears to be risky and price may revert if volatility continues |