Vaneck Africa Index Etf Statistic Functions Beta
| AFK Etf | USD 29.00 0.50 1.75% |
| Symbol |
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on VanEck Africa Index correlated with the market. If Beta is less than 0 VanEck Africa generally moves in the opposite direction as compared to the market. If VanEck Africa Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VanEck Africa Index is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VanEck Africa is generally in the same direction as the market. If Beta > 1 VanEck Africa moves generally in the same direction as, but more than the movement of the benchmark.
VanEck Africa Technical Analysis Modules
Most technical analysis of VanEck Africa help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for VanEck from various momentum indicators to cycle indicators. When you analyze VanEck charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About VanEck Africa Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of VanEck Africa Index. We use our internally-developed statistical techniques to arrive at the intrinsic value of VanEck Africa Index based on widely used predictive technical indicators. In general, we focus on analyzing VanEck Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build VanEck Africa's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of VanEck Africa's intrinsic value. In addition to deriving basic predictive indicators for VanEck Africa, we also check how macroeconomic factors affect VanEck Africa price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Align your values with your investing style
In addition to having VanEck Africa 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.Thematic Opportunities
Explore Investment Opportunities
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Macroaxis Index Invested few shares | |
 | Momentum Invested few shares | |
 | FinTech Invested over 50 shares | |
 | Investor Favorites Invested over 200 shares | |
 | Power Assets Invested over 200 shares | |
 | Macroaxis Picks Invested over 200 shares | |
 | Cash Cows Invested few shares | |
 | Warren Buffett Holdings Invested over 20 shares | |
 | Marketing Invested few shares |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck Africa Index. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of VanEck Africa Index 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 Africa's value that differs from its market value or its book value, called intrinsic value, which is VanEck Africa'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 Africa's market value can be influenced by many factors that don't directly affect VanEck Africa'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 Africa's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Africa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Africa'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.