Vaneck Merk Gold Etf Performance
| OUNZ Etf | USD 22.48 0.24 1.08% |
The entity has a beta of 0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VanEck Merk's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Merk is expected to be smaller as well.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in VanEck Merk Gold are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, VanEck Merk showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Van Eck Merk Gold Trust Shares Sold by Van ECK Associates Corp | 02/09/2024 |
2 | Gold ETF Hits New 52-Week High | 03/06/2024 |
3 | Gold can push above 2,500oz - VanEck - MSN | 04/11/2024 |
4 | Trend Tracker for - Stock Traders Daily | 05/03/2024 |
| In Threey Sharp Ratio | 0.44 |
VanEck |
VanEck Merk Relative Risk vs. Return Landscape
If you would invest 1,968 in VanEck Merk Gold on February 7, 2024 and sell it today you would earn a total of 280.00 from holding VanEck Merk Gold or generate 14.23% return on investment over 90 days. VanEck Merk Gold is currently generating 0.215% in daily expected returns and assumes 0.857% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than VanEck, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
VanEck Merk Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Merk's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VanEck Merk Gold, and traders can use it to determine the average amount a VanEck Merk's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2508
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.86 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average VanEck Merk is performing at about 19% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of VanEck Merk by adding it to a well-diversified portfolio.
VanEck Merk Fundamentals Growth
VanEck Etf prices reflect investors' perceptions of the future prospects and financial health of VanEck Merk, and VanEck Merk fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on VanEck Etf performance.
| Total Asset | 595.56 M | |||
About VanEck Merk Performance
To evaluate VanEck Merk Gold Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when VanEck Merk generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare VanEck Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand VanEck Merk Gold market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents VanEck's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The investment seeks to provide investors with an opportunity to invest in gold through the shares and be able to take delivery of physical gold in exchange for those shares. Vaneck Merk is traded on NYSEArca Exchange in the United States.| Latest headline from news.google.com: Trend Tracker for - Stock Traders Daily | |
| The fund maintains all of the assets in different exotic instruments |
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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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.