Vaneck Preferred Securities Etf Alpha and Beta Analysis
| PFXF Etf | USD 17.99 0.10 0.55% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as VanEck Preferred Securities. It also helps investors analyze the systematic and unsystematic risks associated with investing in VanEck Preferred over a specified time horizon. Remember, high VanEck Preferred's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to VanEck Preferred's market risk premium analysis include:
Beta 0.22 | Alpha 0.0191 | Risk 0.5 | Sharpe Ratio 0.0814 | Expected Return 0.0405 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
VanEck |
VanEck Preferred Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. VanEck Preferred market risk premium is the additional return an investor will receive from holding VanEck Preferred long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck Preferred. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate VanEck Preferred's performance over market.| α | 0.02 | β | 0.22 |
VanEck Preferred expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of VanEck Preferred's Buy-and-hold return. Our buy-and-hold chart shows how VanEck Preferred performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.VanEck Preferred Market Price Analysis
Market price analysis indicators help investors to evaluate how VanEck Preferred etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VanEck Preferred shares will generate the highest return on investment. By understating and applying VanEck Preferred etf market price indicators, traders can identify VanEck Preferred position entry and exit signals to maximize returns.
VanEck Preferred Return and Market Media
The median price of VanEck Preferred for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 18.05 with a coefficient of variation of 1.36. The daily time series for the period is distributed with a sample standard deviation of 0.24, arithmetic mean of 17.98, and mean deviation of 0.19. The Etf received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Investment Analysis - Stock Traders Daily | 09/05/2024 |
2 | Technical Data - Stock Traders Daily | 10/02/2024 |
About VanEck Preferred Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including VanEck or other etfs. Alpha measures the amount that position in VanEck Preferred Sec has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards VanEck Preferred in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, VanEck Preferred's short interest history, or implied volatility extrapolated from VanEck Preferred options trading.
Build Portfolio with VanEck Preferred
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out VanEck Preferred Backtesting, Portfolio Optimization, VanEck Preferred Correlation, VanEck Preferred Hype Analysis, VanEck Preferred Volatility, VanEck Preferred History and analyze VanEck Preferred Performance. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
VanEck Preferred technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.