|VanEck Vectors Biotech ETF -- USA Etf|| |
USD 131.44 2.12 1.64%
Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding VanEck Vectors Biotech ETF is 'Buy'
For the selected time horizon VanEck Vectors Biotech ETF has a risk adjusted performance of 0.0746, jensen alpha of 0.0027, total risk alpha of (0.29)
, sortino ratio of (0.18)
and treynor ratio of 0.225
Macroaxis provides recommendation on VanEck Vectors Biotech to complement and cross-verify current analyst consensus
on VanEck Vectors Biotech ETF. Our buy or sell recommendation engine determines the organization potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. Please use VanEck Vectors Biotech One Year Return
and Net Asset
to make buy, hold, or sell decision on VanEck Vectors.
Returns Distribution Density
|Mean Return||0.13||Value At Risk||0.93|
|Potential Upside||1.7||Standard Deviation||0.83|
VanEck Vectors Greeks
VanEck Vectors Volatility Alert
VanEck Vectors Biotech ETF exhibits very low volatility with skewness of 1.36 and kurtosis of 2.82. However, we advise investors to further study VanEck Vectors Biotech ETF technical indicators to make sure all market info is available and is reliable.