Vaneck Indonesia Index Etf Market Value

IDX Etf  USD 16.20  0.20  1.22%   
VanEck Indonesia's market value is the price at which a share of VanEck Indonesia trades on a public exchange. It measures the collective expectations of VanEck Indonesia Index investors about its performance. VanEck Indonesia is trading at 16.20 as of the 28th of March 2024; that is -1.22 percent decrease since the beginning of the trading day. The etf's open price was 16.4.
With this module, you can estimate the performance of a buy and hold strategy of VanEck Indonesia Index and determine expected loss or profit from investing in VanEck Indonesia over a given investment horizon. Check out VanEck Indonesia Correlation, VanEck Indonesia Volatility and VanEck Indonesia Alpha and Beta module to complement your research on VanEck Indonesia.
Symbol

The market value of VanEck Indonesia 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 Indonesia's value that differs from its market value or its book value, called intrinsic value, which is VanEck Indonesia'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 Indonesia's market value can be influenced by many factors that don't directly affect VanEck Indonesia'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 Indonesia's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Indonesia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Indonesia'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 Indonesia '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 Indonesia'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 Indonesia.
0.00
12/29/2023
No Change 0.00  0.0 
In 3 months and 1 day
03/28/2024
0.00
If you would invest  0.00  in VanEck Indonesia on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding VanEck Indonesia Index or generate 0.0% return on investment in VanEck Indonesia over 90 days. VanEck Indonesia is related to or competes with Freedom Day, IShares MSCI, SmartETFs Dividend, Listed Funds, IShares MSCI, Vanguard Total, and PIMCO RAFI. The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index More

VanEck Indonesia 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 Indonesia'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 Indonesia Index upside and downside potential and time the market with a certain degree of confidence.

VanEck Indonesia Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Indonesia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VanEck Indonesia's standard deviation. In reality, there are many statistical measures that can use VanEck Indonesia historical prices to predict the future VanEck Indonesia's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of VanEck Indonesia'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.
Hype
Prediction
LowEstimatedHigh
15.1816.2117.24
Details
Intrinsic
Valuation
LowRealHigh
14.3715.4016.43
Details
Naive
Forecast
LowNextHigh
15.2216.2417.27
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.1216.3616.61
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as VanEck Indonesia. Your research has to be compared to or analyzed against VanEck Indonesia's peers to derive any actionable benefits. When done correctly, VanEck Indonesia's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in VanEck Indonesia Index.

VanEck Indonesia Index Backtested Returns

VanEck Indonesia Index owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0785, which indicates the etf had a -0.0785% return per unit of risk over the last 3 months. VanEck Indonesia Index exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck Indonesia's Variance of 0.9995, coefficient of variation of (3,823), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The entity has a beta of -0.0846, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning VanEck Indonesia are expected to decrease at a much lower rate. During the bear market, VanEck Indonesia is likely to outperform the market.

Auto-correlation

    
  -0.2  

Insignificant reverse predictability

VanEck Indonesia Index has insignificant reverse predictability. Overlapping area represents the amount of predictability between VanEck Indonesia time series from 29th of December 2023 to 12th of February 2024 and 12th of February 2024 to 28th of March 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 Indonesia Index price movement. The serial correlation of -0.2 indicates that over 20.0% of current VanEck Indonesia price fluctuation can be explain by its past prices.
Correlation Coefficient-0.2
Spearman Rank Test-0.15
Residual Average0.0
Price Variance0.03

VanEck Indonesia Index lagged returns against current returns

Autocorrelation, which is VanEck Indonesia 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 Indonesia's etf expected returns. We can calculate the autocorrelation of VanEck Indonesia returns to help us make a trade decision. For example, suppose you find that VanEck Indonesia 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 Indonesia 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 Indonesia etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VanEck Indonesia etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VanEck Indonesia etf over time.
   Current vs Lagged Prices   
       Timeline  

VanEck Indonesia Lagged Returns

When evaluating VanEck Indonesia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VanEck Indonesia etf have on its future price. VanEck Indonesia 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 Indonesia autocorrelation shows the relationship between VanEck Indonesia etf current value and its past values and can show if there is a momentum factor associated with investing in VanEck Indonesia Index.
   Regressed Prices   
       Timeline  

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When determining whether VanEck Indonesia Index offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck Indonesia'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 Indonesia Index Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Indonesia Index Etf:
Check out VanEck Indonesia Correlation, VanEck Indonesia Volatility and VanEck Indonesia Alpha and Beta module to complement your research on VanEck Indonesia.
Note that the VanEck Indonesia Index information on this page should be used as a complementary analysis to other VanEck Indonesia's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running VanEck Indonesia's price analysis, check to measure VanEck Indonesia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VanEck Indonesia is operating at the current time. Most of VanEck Indonesia's value examination focuses on studying past and present price action to predict the probability of VanEck Indonesia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VanEck Indonesia's price. Additionally, you may evaluate how the addition of VanEck Indonesia to your portfolios can decrease your overall portfolio volatility.
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VanEck Indonesia 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.
A focus of VanEck Indonesia technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of VanEck Indonesia trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...