Vaneck Steel Etf Analysis
| SLX Etf | USD 70.43 0.52 0.74% |
VanEck Steel ETF is overvalued with Real Value of 64.21 and Hype Value of 70.43. The main objective of VanEck Steel etf analysis is to determine its intrinsic value, which is an estimate of what VanEck Steel ETF is worth, separate from its market price. There are two main types of VanEck Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of VanEck Steel ETF. On the other hand, technical analysis, focuses on the price and volume data of VanEck Etf to identify patterns and trends that may indicate its future price movements.
The VanEck Steel etf is traded in the USA on NYSE ARCA Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
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VanEck Etf Analysis Notes
VanEck Steel is is formed as Regulated Investment Company in the United States. ETF is managed and operated by Van Eck Associates Corporation. The fund has 27 constituents with avarage daily trading value of 12.7 K. The fund charges 0.5 percent management fee with a total expences of 0.57 percent of total asset. The fund generated five year return of 19.0%. VanEck Steel ETF maintains 99.77% of assets in stocks. This fund last dividend was 0.8333 per share. 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. To find out more about VanEck Steel ETF contact the company at NA.Sector Exposure
VanEck Steel ETF constituents include assets from different sectors. As a result, investing in VanEck Steel lets you gain exposure to equities across multiple sectors, sub-sectors, or industries. This can reduce the risk of holding a single asset or a fund not diversified across different sectors or industries. Typically, investors would invest in VanEck Steel because they prefer to avoid the increased volatility of non-sector ETFs.
Different industry classifications and sub-sectors that are found among VanEck Steel's constituents divide the investing landscape into groups of entities that employ similar trades or provide related services. Combining these segments enables in-depth research of market dynamics to see which parts of the economy are growing or fading. In addition, sector investments offer targeted exposure to these segments, giving investors a wide variety of options to enhance their portfolios' asset allocations and adapt to market volatility.
VanEck Steel ETF Investment Alerts
| Latest headline from news.google.com: China Will Weigh Heavily on the Allure of Copper - ETF Trends | |
| The fund maintains 99.77% of its assets in stocks |
VanEck Steel Thematic Classifications
In addition to having VanEck Steel etf in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Sector ETFsUSA ETFs from Sector clasification | |
| Materials ETFsUSA ETFs from Materials clasification |
Management Efficiency
VanEck Steel's management efficiency ratios could be used to measure how well VanEck Steel manages its routine affairs as well as how well it operates its assets and liabilities.The decision-making processes within VanEck Steel are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Returns 3 Y 14.77 | Returns 5 Y 19.27 | Returns 1 Y 4.65 | Total Assets 89 M | Yield 3.08 |
Top VanEck Steel ETF Etf Constituents
| CLF | Cleveland Cliffs | Stock | |
| CMC | Commercial Metals | Stock | |
| MT | ArcelorMittal SA ADR | Stock | |
| NUE | Nucor Corp | Stock | |
| ROCK | Gibraltar Industries | Stock | |
| RS | Reliance Steel Aluminum | Stock | |
| STLD | Steel Dynamics | Stock | |
| TX | Ternium SA ADR | Stock | |
| WOR | Worthington Industries | Stock | |
| X | United States Steel | Stock | |
| TS | Tenaris SA ADR | Stock | |
| ATI | Allegheny Technologies Incorporated | Stock |
Institutional Etf Holders for VanEck Steel
Have you ever been surprised when a price of an equity instrument such as VanEck Steel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading VanEck Steel ETF backward and forwards among themselves. VanEck Steel's institutional investor refers to the entity that pools money to purchase VanEck Steel's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| RAAX | VanEck Inflation Allocation | Etf | Moderate Allocation |
Technical Drivers
As of the 22nd of November, VanEck Steel has the Coefficient Of Variation of 1673.01, semi deviation of 1.52, and Risk Adjusted Performance of 0.0511. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of VanEck Steel ETF, as well as the relationship between them.VanEck Steel ETF Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. VanEck Steel middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for VanEck Steel ETF. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
VanEck Steel Outstanding Bonds
VanEck Steel issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. VanEck Steel ETF uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most VanEck bonds can be classified according to their maturity, which is the date when VanEck Steel ETF has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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VanEck Steel Predictive Daily Indicators
VanEck Steel intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of VanEck Steel etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
VanEck Steel Forecast Models
VanEck Steel's time-series forecasting models are one of many VanEck Steel's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary VanEck Steel's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About VanEck Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how VanEck Steel prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling VanEck shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as VanEck Steel. By using and applying VanEck Etf analysis, traders can create a robust methodology for identifying VanEck entry and exit points for their positions.
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.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding VanEck Steel to your portfolios without increasing risk or reducing expected return.Did you try this?
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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 Latest Portfolios module to quick portfolio dashboard that showcases your latest 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.