VanEck Egypt Index Volatility
| EGPTDelisted Etf | USD 21.48 0.00 0.00% |
VanEck Egypt Index owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0459, which indicates the etf had a -0.0459% return per unit of risk over the last 3 months. VanEck Egypt Index exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck Egypt's Variance of 18.22, coefficient of variation of (3,690), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. Key indicators related to VanEck Egypt's volatility include:
720 Days Market Risk | Chance Of Distress | 720 Days Economic Sensitivity |
VanEck Egypt Etf volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of VanEck daily returns, and it is calculated using variance and standard deviation. We also use VanEck's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of VanEck Egypt volatility.
VanEck |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as VanEck Egypt can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of VanEck Egypt at lower prices. For example, an investor can purchase VanEck stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of VanEck Egypt's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.
VanEck Egypt Market Sensitivity And Downside Risk
VanEck Egypt's beta coefficient measures the volatility of VanEck etf compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents VanEck etf's returns against your selected market. In other words, VanEck Egypt's beta of 0.76 provides an investor with an approximation of how much risk VanEck Egypt etf can potentially add to one of your existing portfolios. VanEck Egypt Index exhibits very low volatility with skewness of -5.44 and kurtosis of 38.53. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure VanEck Egypt's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact VanEck Egypt's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze VanEck Egypt Index Demand TrendCheck current 90 days VanEck Egypt correlation with market (NYSE Composite)VanEck Beta |
VanEck standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 5.07 |
It is essential to understand the difference between upside risk (as represented by VanEck Egypt's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of VanEck Egypt's daily returns or price. Since the actual investment returns on holding a position in vaneck etf tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in VanEck Egypt.
VanEck Egypt Index Etf Volatility Analysis
Volatility refers to the frequency at which VanEck Egypt delisted etf price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with VanEck Egypt's price changes. Investors will then calculate the volatility of VanEck Egypt's etf to predict their future moves. A delisted etf that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A etf with relatively stable price changes has low volatility. A highly volatile delisted etf is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of VanEck Egypt's volatility:
Historical Volatility
This type of delisted etf volatility measures VanEck Egypt's fluctuations based on previous trends. It's commonly used to predict VanEck Egypt's future behavior based on its past. However, it cannot conclusively determine the future direction of the etf.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for VanEck Egypt's current market price. This means that the delisted etf will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on VanEck Egypt's to be redeemed at a future date.Transformation |
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VanEck Egypt Projected Return Density Against Market
Given the investment horizon of 90 days VanEck Egypt has a beta of 0.7559 suggesting as returns on the market go up, VanEck Egypt average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding VanEck Egypt Index will be expected to be much smaller as well.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to VanEck Egypt or VanEck sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that VanEck Egypt's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a VanEck delisted etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
VanEck Egypt Index has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Predicted Return Density |
| Returns |
What Drives a VanEck Egypt Price Volatility?
Several factors can influence a delisted etf's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.VanEck Egypt Etf Risk Measures
Given the investment horizon of 90 days the coefficient of variation of VanEck Egypt is -2180.48. The daily returns are distributed with a variance of 25.69 and standard deviation of 5.07. The mean deviation of VanEck Egypt Index is currently at 2.36. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.63
α | Alpha over NYSE Composite | -0.16 | |
β | Beta against NYSE Composite | 0.76 | |
σ | Overall volatility | 5.07 | |
Ir | Information ratio | -0.04 |
VanEck Egypt Etf Return Volatility
VanEck Egypt historical daily return volatility represents how much of VanEck Egypt delisted etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The exchange-traded fund inherits 5.069% risk (volatility on return distribution) over the 90 days horizon. By contrast, NYSE Composite accepts 0.6219% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About VanEck Egypt Volatility
Volatility is a rate at which the price of VanEck Egypt or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of VanEck Egypt may increase or decrease. In other words, similar to VanEck's beta indicator, it measures the risk of VanEck Egypt and helps estimate the fluctuations that may happen in a short period of time. So if prices of VanEck Egypt fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.The fund will normally invest at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Egypt is traded on NYSEARCA Exchange in the United States.
VanEck Egypt's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on VanEck Etf over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much VanEck Egypt's price varies over time.
3 ways to utilize VanEck Egypt's volatility to invest better
Higher VanEck Egypt's etf volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of VanEck Egypt Index etf is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. VanEck Egypt Index etf volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of VanEck Egypt Index investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in VanEck Egypt's etf can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of VanEck Egypt's etf relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
VanEck Egypt Investment Opportunity
VanEck Egypt Index has a volatility of 5.07 and is 8.18 times more volatile than NYSE Composite. 44 percent of all equities and portfolios are less risky than VanEck Egypt. You can use VanEck Egypt Index to protect your portfolios against small market fluctuations. The etf experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of VanEck Egypt to be traded at $21.27 in 90 days.Average diversification
The correlation between VanEck Egypt Index and NYA is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding VanEck Egypt Index and NYA in the same portfolio, assuming nothing else is changed.
VanEck Egypt Additional Risk Indicators
The analysis of VanEck Egypt's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in VanEck Egypt's investment and either accepting that risk or mitigating it. Along with some common measures of VanEck Egypt etf's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.16) | |||
| Mean Deviation | 1.88 | |||
| Coefficient Of Variation | (3,690) | |||
| Standard Deviation | 4.27 | |||
| Variance | 18.22 | |||
| Information Ratio | (0.04) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential etfs, we recommend comparing similar delisted etfs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
VanEck Egypt Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against VanEck Egypt as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. VanEck Egypt's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, VanEck Egypt's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to VanEck Egypt Index.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Other Consideration for investing in VanEck Etf
If you are still planning to invest in VanEck Egypt Index check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the VanEck Egypt's history and understand the potential risks before investing.
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