VanEck Vectors Technical Analysis

VanEck Vectors Africa ETF -- USA Etf  

USD 26.45  0.2  0.76%

VanEck Vectors Africa ETF has Downside Deviation of 0.6763, Standard Deviation of 0.8637 and Risk Adjusted Performance of 0.1599. VanEck Vectors technical analysis provides you with the way to harness past market data to determine a pattern that measures the direction of the etf future prices. In other words you can use this information to find out if the etf will indeed mirror its model of past prices and volume data or the prices will eventually revert. We found eighteen technical drivers for VanEck Vectors Africa ETF which can be compared to its competition. Please validate VanEck Vectors Africa Maximum Drawdown, and the relationship between Information Ratio and Downside Variance to decide if VanEck Vectors is priced more or less accurately providing market reflects its prevalent price of 26.45 per share.
 Time Horizon     30 Days    Login   to change

VanEck Vectors Africa Technical Analysis

Time Period
  Portfolio Optimization    
Execute Indicator
The output start index for this execution was six with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of VanEck Vectors Africa volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

VanEck Vectors Africa Trend Analysis

Use this graph to draw trend lines for VanEck Vectors Africa ETF. You can use it to identify possible trend reversals for VanEck Vectors as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual VanEck Vectors price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

VanEck Vectors Best Fit Change Line

The following chart estimates an ordinary least squares regression model for VanEck Vectors Africa ETF applied against its price change over selected period. The best fit line has a slop of 0.13 % which may imply that VanEck Vectors Africa ETF will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 14.56, which is the sum of squared deviations for the predicted VanEck Vectors price change compared to its average price change.

Did you try this?

Run Companies Directory Now

Companies Directory

Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Hide  View All  NextLaunch Companies Directory
VanEck Vectors Africa ETF is third largest ETF in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about  1.22  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for VanEck Vectors Africa ETF is roughly  1.22 

One Year Return

VanEck Vectors Africa One Year Return
Based on recorded statements VanEck Vectors Africa ETF has One Year Return of 28.19%. This is 613.67% higher than that of the Van Eck family, and 883.94% higher than that of Miscellaneous Region category, The One Year Return for all etfs is 2355.2% lower than the firm.
  Year Return 
      VanEck Vectors Comparables 
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.