VanEck Oil Competition

OIH Etf  USD 335.27  4.63  1.40%   
VanEck Oil Services competes with Drum Income, EA Series, Global X, ETRACS Quarterly, and Global X; as well as few others. Analyzing VanEck Oil competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of VanEck Oil to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out VanEck Oil Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of VanEck Oil competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of VanEck Oil'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
334.25335.62336.99
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Intrinsic
Valuation
LowRealHigh
324.13325.50368.80
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Naive
Forecast
LowNextHigh
329.99331.36332.73
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
329.42333.41337.40
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as VanEck Oil. Your research has to be compared to or analyzed against VanEck Oil's peers to derive any actionable benefits. When done correctly, VanEck Oil'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 Oil Services.

VanEck Oil Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between VanEck Oil and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of VanEck and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of VanEck Oil Services does not affect the price movement of the other competitor.
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High positive correlations   
EINCMLPX
MLPAMLPR
MLPBMLPR
MLPBMLPA
EIPXDRLL
EIPXMLPX
  
High negative correlations   
DRLLDRIP
EIPXDRIP
NDIVDRIP
MLPXDRIP
EINCDRIP
MLPRDRIP

VanEck Oil Constituents Risk-Adjusted Indicators

There is a big difference between VanEck Etf performing well and VanEck Oil ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze VanEck Oil's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

VanEck Oil Competitive Analysis

The better you understand VanEck Oil competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, VanEck Oil's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across VanEck Oil's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
OIHDRIPDRLLMLPXMLPRMLPAMLPBEINCEIPXNDIV
 1.40 
 335.27 
VanEck
 2.95 
 8.87 
Drum
 0.85 
 30.99 
DRLL
 0.81 
 48.41 
Global
 0.45 
 57.48 
ETRACS
 0.36 
 47.80 
Global
 0.38 
 23.88 
UBS
 0.69 
 75.49 
VanEck
 0.97 
 22.85 
First
 1.13 
 28.76 
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(90 Days Macroaxis Advice)
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VanEck Oil Competition Performance Charts

Five steps to successful analysis of VanEck Oil Competition

VanEck Oil's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by VanEck Oil Services in relation to its competition. VanEck Oil's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of VanEck Oil in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact VanEck Oil's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to VanEck Oil Services, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your VanEck Oil position

In addition to having VanEck Oil in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Exotic Funds
Exotic Funds Theme
Funds or Etfs with high minimum investment requirement that manage portfolios of alternative investments such as hedge funds, options, futures, real estate or commodities. The Exotic Funds theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Exotic Funds Theme or any other thematic opportunities.
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When determining whether VanEck Oil Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck Oil'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 Oil Services Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Oil Services Etf:
Check out VanEck Oil Correlation with its peers.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running VanEck Oil's price analysis, check to measure VanEck Oil'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 Oil is operating at the current time. Most of VanEck Oil's value examination focuses on studying past and present price action to predict the probability of VanEck Oil'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 Oil's price. Additionally, you may evaluate how the addition of VanEck Oil to your portfolios can decrease your overall portfolio volatility.
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The market value of VanEck Oil Services 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 Oil's value that differs from its market value or its book value, called intrinsic value, which is VanEck Oil'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 Oil's market value can be influenced by many factors that don't directly affect VanEck Oil'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 Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Oil'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.