Vaneck Africa Index Etf Performance
The entity has a beta of 0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, VanEck Africa's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Africa is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days VanEck Africa Index has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent technical and fundamental indicators, VanEck Africa is not utilizing all of its potentials. The newest stock price mess, may contribute to short-term losses for the institutional investors. ...more
| In Threey Sharp Ratio | -0.52 |
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VanEck Africa Relative Risk vs. Return Landscape
If you would invest 1,377 in VanEck Africa Index on March 12, 2024 and sell it today you would earn a total of 173.00 from holding VanEck Africa Index or generate 12.56% return on investment over 90 days. VanEck Africa Index is generating 0.1961% of daily returns assuming volatility of 1.276% on return distribution over 90 days investment horizon. In other words, 11% of etfs are less volatile than VanEck, and above 97% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
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VanEck Africa Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Africa's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VanEck Africa Index, and traders can use it to determine the average amount a VanEck Africa'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 = 0.1536
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Estimated Market Risk
| 1.28 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average VanEck Africa is performing at about 12% 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 Africa by adding it to a well-diversified portfolio.
VanEck Africa Fundamentals Growth
VanEck Etf prices reflect investors' perceptions of the future prospects and financial health of VanEck Africa, and VanEck Africa 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.
| Price To Earning | 12.90 X | |||
| Price To Book | 1.53 X | |||
| Price To Sales | 2.06 X | |||
| Total Asset | 43.36 M | |||
About VanEck Africa Performance
To evaluate VanEck Africa Index 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 Africa 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 Africa Index 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 fund normallyinvests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Africa is traded on NYSEARCA Exchange in the United States.| This fund generated-4.0 ten year return of -4.0% | |
| VanEck Africa holds 95.96% of its assets under management (AUM) in equities |
Additional Information and Resources on Investing in VanEck Etf
When determining whether VanEck Africa Index 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 Africa Index Etf. Highlighted below are key reports to facilitate an investment decision about Vaneck Africa Index Etf:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck Africa Index. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of VanEck Africa Index 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 Africa's value that differs from its market value or its book value, called intrinsic value, which is VanEck Africa'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 Africa's market value can be influenced by many factors that don't directly affect VanEck Africa'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 Africa's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Africa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Africa'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.