VanEck Junior Etf Forecast - Day Typical Price
| GDXJ Etf | USD 42.55 0.59 1.41% |
VanEck Etf Forecast is based on your current time horizon.
VanEck |
Open Interest Against 2024-06-14 VanEck Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast VanEck Junior's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in VanEck Junior's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for VanEck Junior stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current VanEck Junior's open interest, investors have to compare it to VanEck Junior's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of VanEck Junior is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in VanEck. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in VanEck Junior cannot accurately predict what will happen the next trading day because, historically, etf markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the VanEck Junior's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets VanEck Junior's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 41.66 | 40.69 |
| Check VanEck Junior Volatility | Backtest VanEck Junior | Trend Details |
VanEck Junior Trading Date Momentum
| On April 17 2024 VanEck Junior Gold was traded for 41.46 at the closing time. The top price for the day was 42.20 and the lowest listed price was 40.96 . The trading volume for the day was 9.7 M. The trading history from April 17, 2024 was a factor to the next trading day price surge. The overall trading delta against the next closing price was 1.54% . The trading price change against the current closing price is 1.05% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare VanEck Junior to competition |
Other Forecasting Options for VanEck Junior
For every potential investor in VanEck, whether a beginner or expert, VanEck Junior's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. VanEck Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in VanEck. Basic forecasting techniques help filter out the noise by identifying VanEck Junior's price trends.VanEck Junior Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with VanEck Junior etf to make a market-neutral strategy. Peer analysis of VanEck Junior could also be used in its relative valuation, which is a method of valuing VanEck Junior by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
VanEck Junior Gold Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of VanEck Junior's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of VanEck Junior's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
VanEck Junior Market Strength Events
Market strength indicators help investors to evaluate how VanEck Junior 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 Junior shares will generate the highest return on investment. By undertsting and applying VanEck Junior etf market strength indicators, traders can identify VanEck Junior Gold entry and exit signals to maximize returns.
VanEck Junior Risk Indicators
The analysis of VanEck Junior's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in VanEck Junior's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vaneck etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.82 | |||
| Semi Deviation | 2.35 | |||
| Standard Deviation | 2.36 | |||
| Variance | 5.58 | |||
| Downside Variance | 6.45 | |||
| Semi Variance | 5.54 | |||
| Expected Short fall | (1.94) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Additional Information and Resources on Investing in VanEck Etf
When determining whether VanEck Junior Gold is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if VanEck Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Vaneck Junior Gold Etf. Highlighted below are key reports to facilitate an investment decision about Vaneck Junior Gold Etf:Check out Historical Fundamental Analysis of VanEck Junior to cross-verify your projections. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of VanEck Junior 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 Junior's value that differs from its market value or its book value, called intrinsic value, which is VanEck Junior'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 Junior's market value can be influenced by many factors that don't directly affect VanEck Junior'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 Junior's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Junior is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Junior'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.