Vaneck Junior Gold Etf Price on March 22, 2024
| GDXJ Etf | USD 42.74 0.35 0.83% |
Below is the normalized historical share price chart for VanEck Junior Gold extending back to November 11, 2009. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of VanEck Junior stands at 42.74, as last reported on the 29th of April, with the highest price reaching 42.74 and the lowest price hitting 41.76 during the day.
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. VanEck Junior appears to be very steady, given 3 months investment horizon. VanEck Junior Gold owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the etf had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for VanEck Junior Gold, which you can use to evaluate the volatility of the etf. Please review VanEck Junior's Risk Adjusted Performance of 0.1141, coefficient of variation of 583.26, and Semi Deviation of 1.83 to confirm if our risk estimates are consistent with your expectations.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 36.27 | 200 Day MA 35.7107 | 1 y Volatility 34.42 | 50 Day MA 37.4672 | Inception Date 2009-11-10 |
VanEck |
Sharpe Ratio = 0.1683
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.2 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average VanEck Junior is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of VanEck Junior by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 2.4 K |
VanEck Junior Valuation on March 22, 2024
It is possible to determine the worth of VanEck Junior on a given historical date. On March 22, 2024 VanEck was worth 36.49 at the beginning of the trading date compared to the closed value of 36.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Junior etf. Still, in general, we apply an absolute valuation method to find VanEck Junior's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of VanEck Junior where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Junior's related companies.
| Open | High | Low | Close | Volume | |
| 37.75 | 37.88 | 36.68 | 36.68 | 8,302,306 | |
03/22/2024 | 36.49 | 36.79 | 36.13 | 36.15 | 5,489,593 |
| 36.50 | 37.19 | 36.50 | 36.55 | 4,996,476 |
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VanEck Junior Trading Date Momentum on March 22, 2024
| On March 25 2024 VanEck Junior Gold was traded for 36.55 at the closing time. The top price for the day was 37.19 and the lowest listed price was 36.50 . The trading volume for the day was 5 M. The trading history from March 25, 2024 was a factor to the next trading day price surge. The overall trading delta against the next closing price was 1.11% . The trading price change against the current closing price is 9.32% . |
VanEck Junior Gold Fundamentals Correlations and Trends
By evaluating VanEck Junior's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among VanEck Junior's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. VanEck financial account trend analysis is a perfect complement when working with valuation or volatility modules.About VanEck Junior Etf history
VanEck Junior investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for VanEck is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in VanEck Junior Gold will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing VanEck Junior stock prices may prove useful in developing a viable investing in VanEck Junior
The fund normally invests at least 80 percent of its total assets in securities that comprise the index. Vaneck Junior is traded on NYSEARCA Exchange in the United States.
VanEck Junior Etf Technical Analysis
VanEck Junior 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.
Price Boundaries
VanEck Junior Period Price Range
Low | March 22, 2024
| High |
36.49 | 36.15 |
VanEck Junior April 29, 2024 Market Strength
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 | 98481.42 | |||
| Daily Balance Of Power | (0.52) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 36.46 | |||
| Day Typical Price | 36.36 | |||
| Price Action Indicator | (0.48) | |||
| Period Momentum Indicator | 6.59 |
VanEck Junior Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Junior's price direction in advance. Along with the technical and fundamental analysis of VanEck Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of VanEck to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1141 | |||
| Jensen Alpha | 0.2227 | |||
| Total Risk Alpha | 0.0873 | |||
| Sortino Ratio | 0.1388 | |||
| Treynor Ratio | 0.2033 |
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Junior Gold. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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.