Vaneck Dynamic High Etf Market Value
| INC Etf | USD 26.74 0.04 0.15% |
| Symbol | VanEck |
The market value of VanEck Dynamic High 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 Dynamic's value that differs from its market value or its book value, called intrinsic value, which is VanEck Dynamic'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 Dynamic's market value can be influenced by many factors that don't directly affect VanEck Dynamic'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 Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Dynamic'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.
VanEck Dynamic 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to VanEck Dynamic's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of VanEck Dynamic.
| 03/14/2024 |
| 06/12/2024 |
If you would invest 0.00 in VanEck Dynamic on March 14, 2024 and sell it all today you would earn a total of 0.00 from holding VanEck Dynamic High or generate 0.0% return on investment in VanEck Dynamic over 90 days. VanEck Dynamic is related to or competes with Vanguard Total, SPDR SP, IShares Core, Vanguard Total, Vanguard Value, Vanguard Growth, and Vanguard Mid. VanEck Dynamic is entity of United States More
VanEck Dynamic Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure VanEck Dynamic's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess VanEck Dynamic High upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4533 | |||
| Information Ratio | 0.0502 | |||
| Maximum Drawdown | 1.74 | |||
| Value At Risk | (0.72) | |||
| Potential Upside | 0.5426 |
VanEck Dynamic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Dynamic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VanEck Dynamic's standard deviation. In reality, there are many statistical measures that can use VanEck Dynamic historical prices to predict the future VanEck Dynamic's volatility.| Risk Adjusted Performance | 0.0324 | |||
| Jensen Alpha | 0.0172 | |||
| Total Risk Alpha | 0.0177 | |||
| Sortino Ratio | 0.0436 | |||
| Treynor Ratio | 0.026 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of VanEck Dynamic's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
VanEck Dynamic High Backtested Returns
We consider VanEck Dynamic very steady. VanEck Dynamic High owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0901, which indicates the etf had a 0.0901% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for VanEck Dynamic High, which you can use to evaluate the volatility of the etf. Please validate VanEck Dynamic's Risk Adjusted Performance of 0.0324, coefficient of variation of 1627.64, and Semi Deviation of 0.3913 to confirm if the risk estimate we provide is consistent with the expected return of 0.0355%. The entity has a beta of 0.54, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VanEck Dynamic's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Dynamic is expected to be smaller as well.
Auto-correlation | 0.04 |
Virtually no predictability
VanEck Dynamic High has virtually no predictability. Overlapping area represents the amount of predictability between VanEck Dynamic time series from 14th of March 2024 to 28th of April 2024 and 28th of April 2024 to 12th of June 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of VanEck Dynamic High price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current VanEck Dynamic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
VanEck Dynamic High lagged returns against current returns
Autocorrelation, which is VanEck Dynamic etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting VanEck Dynamic's etf expected returns. We can calculate the autocorrelation of VanEck Dynamic returns to help us make a trade decision. For example, suppose you find that VanEck Dynamic has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
VanEck Dynamic regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If VanEck Dynamic etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VanEck Dynamic etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VanEck Dynamic etf over time.
Current vs Lagged Prices |
| Timeline |
VanEck Dynamic Lagged Returns
When evaluating VanEck Dynamic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VanEck Dynamic etf have on its future price. VanEck Dynamic autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, VanEck Dynamic autocorrelation shows the relationship between VanEck Dynamic etf current value and its past values and can show if there is a momentum factor associated with investing in VanEck Dynamic High.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in VanEck Etf
When determining whether VanEck Dynamic High offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck Dynamic's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vaneck Dynamic High Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Dynamic High Etf:Check out VanEck Dynamic Correlation, VanEck Dynamic Volatility and VanEck Dynamic Alpha and Beta module to complement your research on VanEck Dynamic. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
VanEck Dynamic 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.