VanEck Vectors Three Year Return vs. Price To Earning
| GDXJ Etf | MXN 957.00 17.00 1.81% |
For VanEck Vectors profitability analysis, we use financial ratios and fundamental drivers that measure the ability of VanEck Vectors to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well VanEck Vectors ETF utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between VanEck Vectors's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of VanEck Vectors ETF over time as well as its relative position and ranking within its peers.
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VanEck Vectors ETF Price To Earning vs. Three Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining VanEck Vectors's current stock value. Our valuation model uses many indicators to compare VanEck Vectors value to that of its competitors to determine the firm's financial worth. VanEck Vectors ETF is rated below average in three year return as compared to similar ETFs. It is rated # 4 ETF in price to earning as compared to similar ETFs . Comparative valuation analysis is a catch-all model that can be used if you cannot value VanEck Vectors by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for VanEck Vectors' Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.VanEck Price To Earning vs. Three Year Return
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
VanEck Vectors |
| = | (7.42) % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
VanEck Vectors |
| = | 19.35 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
VanEck Price To Earning Comparison
VanEck Vectors is currently under evaluation in price to earning as compared to similar ETFs.
VanEck Vectors Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in VanEck Vectors, profitability is also one of the essential criteria for including it into their portfolios because, without profit, VanEck Vectors will eventually generate negative long term returns. The profitability progress is the general direction of VanEck Vectors' change in net profit over the period of time. It can combine multiple indicators of VanEck Vectors, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Junior Gold Miners Index. VANECK VECTORS is traded on Mexico Stock Exchange in Mexico.
VanEck Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on VanEck Vectors. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of VanEck Vectors position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the VanEck Vectors' important profitability drivers and their relationship over time.
Use VanEck Vectors in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VanEck Vectors position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VanEck Vectors will appreciate offsetting losses from the drop in the long position's value.VanEck Vectors Pair Trading
VanEck Vectors ETF Pair Trading Analysis
The ability to find closely correlated positions to VanEck Vectors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VanEck Vectors when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VanEck Vectors - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VanEck Vectors ETF to buy it.
The correlation of VanEck Vectors is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VanEck Vectors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VanEck Vectors ETF moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for VanEck Vectors can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your VanEck Vectors position
In addition to having VanEck Vectors in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Petroleum and Natural Gas Thematic Idea Now
Petroleum and Natural Gas
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Petroleum and Natural Gas theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Petroleum and Natural Gas Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in VanEck Etf
When determining whether VanEck Vectors 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 Vectors' 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 Vectors Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Vectors Etf:Check out Risk vs Return Analysis. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
To fully project VanEck Vectors' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of VanEck Vectors ETF at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include VanEck Vectors' income statement, its balance sheet, and the statement of cash flows.