Vaneck Israel Etf Market Value

ISRA Etf  USD 37.31  0.14  0.37%   
VanEck Israel's market value is the price at which a share of VanEck Israel trades on a public exchange. It measures the collective expectations of VanEck Israel ETF investors about its performance. VanEck Israel is trading at 37.31 as of the 28th of March 2024, a -0.37 percent down since the beginning of the trading day. The etf's open price was 37.45.
With this module, you can estimate the performance of a buy and hold strategy of VanEck Israel ETF and determine expected loss or profit from investing in VanEck Israel over a given investment horizon. Check out VanEck Israel Correlation, VanEck Israel Volatility and VanEck Israel Alpha and Beta module to complement your research on VanEck Israel.
Symbol

The market value of VanEck Israel ETF 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 Israel's value that differs from its market value or its book value, called intrinsic value, which is VanEck Israel'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 Israel's market value can be influenced by many factors that don't directly affect VanEck Israel'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 Israel's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Israel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Israel'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 Israel '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 Israel'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 Israel.
0.00
02/27/2024
No Change 0.00  0.0 
In 30 days
03/28/2024
0.00
If you would invest  0.00  in VanEck Israel on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding VanEck Israel ETF or generate 0.0% return on investment in VanEck Israel over 30 days. VanEck Israel is related to or competes with IShares MSCI. The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index More

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

VanEck Israel Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Israel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VanEck Israel's standard deviation. In reality, there are many statistical measures that can use VanEck Israel historical prices to predict the future VanEck Israel'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 Israel'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
36.3737.4338.49
Details
Intrinsic
Valuation
LowRealHigh
35.9336.9938.05
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as VanEck Israel. Your research has to be compared to or analyzed against VanEck Israel's peers to derive any actionable benefits. When done correctly, VanEck Israel'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 Israel ETF.

VanEck Israel ETF Backtested Returns

We consider VanEck Israel very steady. VanEck Israel ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the etf had a 0.1% return per unit of risk over the last 3 months. We have found thirty technical indicators for VanEck Israel ETF, which you can use to evaluate the volatility of the etf. Please validate VanEck Israel's Semi Deviation of 0.8452, coefficient of variation of 862.61, and Risk Adjusted Performance of 0.0691 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. The entity has a beta of 0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, VanEck Israel's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Israel is expected to be smaller as well.

Auto-correlation

    
  -0.51  

Good reverse predictability

VanEck Israel ETF has good reverse predictability. Overlapping area represents the amount of predictability between VanEck Israel time series from 27th of February 2024 to 13th of March 2024 and 13th of March 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 Israel ETF price movement. The serial correlation of -0.51 indicates that about 51.0% of current VanEck Israel price fluctuation can be explain by its past prices.
Correlation Coefficient-0.51
Spearman Rank Test-0.42
Residual Average0.0
Price Variance0.33

VanEck Israel ETF lagged returns against current returns

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

VanEck Israel Lagged Returns

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether VanEck Israel ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck Israel'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 Israel Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Israel Etf:
Check out VanEck Israel Correlation, VanEck Israel Volatility and VanEck Israel Alpha and Beta module to complement your research on VanEck Israel.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for VanEck Etf analysis

When running VanEck Israel's price analysis, check to measure VanEck Israel'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 Israel is operating at the current time. Most of VanEck Israel's value examination focuses on studying past and present price action to predict the probability of VanEck Israel'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 Israel's price. Additionally, you may evaluate how the addition of VanEck Israel to your portfolios can decrease your overall portfolio volatility.
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
VanEck Israel 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 Israel technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of VanEck Israel 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...