VanEck Junior Etf Forecast - Accumulation Distribution
| GDXJ Etf | USD 40.46 2.21 5.18% |
VanEck Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast VanEck Junior stock prices and determine the direction of VanEck Junior Gold's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of VanEck Junior's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of VanEck Junior to cross-verify your projections. VanEck |
Open Interest Against 2024-05-03 VanEck Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast VanEck Junior's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in VanEck Junior's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for VanEck Junior stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current VanEck Junior's open interest, investors have to compare it to VanEck Junior's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of VanEck Junior is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in VanEck. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in VanEck Junior cannot accurately predict what will happen the next trading day because, historically, etf markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the VanEck Junior's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets VanEck Junior's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which VanEck Junior is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of VanEck Junior Gold to determine if accumulation or reduction is taking place in the market. This value is adjusted by VanEck Junior trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 146481.0 | 166842.0 |
| Check VanEck Junior Volatility | Backtest VanEck Junior | Trend Details |
VanEck Junior Trading Date Momentum
| On April 03 2024 VanEck Junior Gold was traded for 41.10 at the closing time. The top price for the day was 41.21 and the lowest listed price was 39.62 . The trading volume for the day was 9.6 M. The trading history from April 3, 2024 was a factor to the next trading day price surge. The overall trading delta against the next closing price was 3.16% . The trading price change against the current closing price is 6.43% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare VanEck Junior to competition |
Other Forecasting Options for VanEck Junior
For every potential investor in VanEck, whether a beginner or expert, VanEck Junior's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. VanEck Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in VanEck. Basic forecasting techniques help filter out the noise by identifying VanEck Junior's price trends.VanEck Junior Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with VanEck Junior etf to make a market-neutral strategy. Peer analysis of VanEck Junior could also be used in its relative valuation, which is a method of valuing VanEck Junior by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
VanEck Junior Gold Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of VanEck Junior's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of VanEck Junior's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
VanEck Junior Market Strength Events
Market strength indicators help investors to evaluate how VanEck Junior etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VanEck Junior shares will generate the highest return on investment. By undertsting and applying VanEck Junior etf market strength indicators, traders can identify VanEck Junior Gold entry and exit signals to maximize returns.
| Accumulation Distribution | 339140.0 | |||
| Daily Balance Of Power | (1.61) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 41.11 | |||
| Day Typical Price | 40.89 | |||
| Price Action Indicator | (1.75) | |||
| Period Momentum Indicator | (2.21) | |||
| Relative Strength Index | 61.78 |
VanEck Junior Risk Indicators
The analysis of VanEck Junior's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in VanEck Junior's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vaneck etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.76 | |||
| Semi Deviation | 1.83 | |||
| Standard Deviation | 2.17 | |||
| Variance | 4.73 | |||
| Downside Variance | 4.24 | |||
| Semi Variance | 3.36 | |||
| Expected Short fall | (1.99) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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The market value of VanEck Junior Gold 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 Junior's value that differs from its market value or its book value, called intrinsic value, which is VanEck Junior'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 Junior's market value can be influenced by many factors that don't directly affect VanEck Junior'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 Junior's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Junior is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Junior'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.