Vaneck Merk Gold Etf Technical Analysis
| OUNZ Etf | USD 26.12 0.35 1.36% |
As of the 25th of November, VanEck Merk has the Semi Deviation of 0.8156, coefficient of variation of 684.33, and Risk Adjusted Performance of 0.1138. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of VanEck Merk Gold, as well as the relationship between them.
VanEck Merk 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 Merk 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 Merk Gold Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Merk Gold volatility. High ATR values indicate high volatility, and low values indicate low volatility.
VanEck Merk Gold Trend Analysis
Use this graph to draw trend lines for VanEck Merk Gold. You can use it to identify possible trend reversals for VanEck Merk 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 Merk price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.VanEck Merk Best Fit Change Line
The following chart estimates an ordinary least squares regression model for VanEck Merk Gold applied against its price change over selected period. The best fit line has a slop of 0.03 , which means VanEck Merk Gold will continue generating value for investors. It has 122 observation points and a regression sum of squares at 24.35, which is the sum of squared deviations for the predicted VanEck Merk price change compared to its average price change.About VanEck Merk 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 Merk Gold 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 Merk Gold based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on VanEck Merk Gold price pattern first instead of the macroeconomic environment surrounding VanEck Merk Gold. By analyzing VanEck Merk'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 Merk'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 Merk specific price patterns or momentum indicators. Please read more on our technical analysis page.
VanEck Merk November 25, 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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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1138 | |||
| Market Risk Adjusted Performance | (2.09) | |||
| Mean Deviation | 0.7121 | |||
| Semi Deviation | 0.8156 | |||
| Downside Deviation | 0.976 | |||
| Coefficient Of Variation | 684.33 | |||
| Standard Deviation | 0.9244 | |||
| Variance | 0.8546 | |||
| Information Ratio | 0.0047 | |||
| Jensen Alpha | 0.1323 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0044 | |||
| Treynor Ratio | (2.10) | |||
| Maximum Drawdown | 4.76 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.46 | |||
| Downside Variance | 0.9527 | |||
| Semi Variance | 0.6652 | |||
| Expected Short fall | (0.78) | |||
| Skewness | (0.67) | |||
| Kurtosis | 1.37 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in VanEck Merk Gold. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of VanEck Merk Gold 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 Merk's value that differs from its market value or its book value, called intrinsic value, which is VanEck Merk'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 Merk's market value can be influenced by many factors that don't directly affect VanEck Merk'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 Merk's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Merk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Merk'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.