Vaneck Morningstar Durable Etf Technical Analysis
| DURA Etf | USD 35.09 0.10 0.29% |
As of the 30th of November, VanEck Morningstar has the Semi Deviation of 0.4317, risk adjusted performance of 0.0713, and Coefficient Of Variation of 1003.8. VanEck Morningstar technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the etf's future prices.
VanEck Morningstar Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as VanEck, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VanEckVanEck |
VanEck Morningstar 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.
VanEck Morningstar Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of VanEck Morningstar volatility. High ATR values indicate high volatility, and low values indicate low volatility.
VanEck Morningstar Trend Analysis
Use this graph to draw trend lines for VanEck Morningstar Durable. You can use it to identify possible trend reversals for VanEck Morningstar as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual VanEck Morningstar price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.VanEck Morningstar Best Fit Change Line
The following chart estimates an ordinary least squares regression model for VanEck Morningstar Durable applied against its price change over selected period. The best fit line has a slop of 0.01 , which means VanEck Morningstar Durable will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4.06, which is the sum of squared deviations for the predicted VanEck Morningstar price change compared to its average price change.About VanEck Morningstar Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of VanEck Morningstar Durable on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of VanEck Morningstar Durable based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on VanEck Morningstar price pattern first instead of the macroeconomic environment surrounding VanEck Morningstar. By analyzing VanEck Morningstar's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of VanEck Morningstar's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to VanEck Morningstar specific price patterns or momentum indicators. Please read more on our technical analysis page.
VanEck Morningstar November 30, 2024 Technical Indicators
Most technical analysis of VanEck 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0713 | |||
| Market Risk Adjusted Performance | 0.0956 | |||
| Mean Deviation | 0.4195 | |||
| Semi Deviation | 0.4317 | |||
| Downside Deviation | 0.5065 | |||
| Coefficient Of Variation | 1003.8 | |||
| Standard Deviation | 0.5156 | |||
| Variance | 0.2658 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | 0.0856 | |||
| Maximum Drawdown | 2.17 | |||
| Value At Risk | (0.78) | |||
| Potential Upside | 0.8166 | |||
| Downside Variance | 0.2566 | |||
| Semi Variance | 0.1864 | |||
| Expected Short fall | (0.45) | |||
| Skewness | 0.1154 | |||
| Kurtosis | (0.37) |
VanEck Morningstar One Year Return
Based on the recorded statements, VanEck Morningstar Durable has an One Year Return of 19.8%. This is 480.77% lower than that of the VanEck family and significantly higher than that of the Large Value category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in VanEck Morningstar Durable. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of VanEck Morningstar 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 Morningstar's value that differs from its market value or its book value, called intrinsic value, which is VanEck Morningstar'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 Morningstar's market value can be influenced by many factors that don't directly affect VanEck Morningstar'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 Morningstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Morningstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Morningstar'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.