VanEck Vectors Performance |
VanEck Vectors Biotech ETF -- USA Etf | USD 114.96 0.08 0.0695% |
The entity has beta of 0.116 which indicates as returns on market increase, VanEck Vectors returns are expected to increase less than the market. However during bear market, the loss on holding VanEck Vectors will be expected to be smaller as well.. Even though it is essential to pay attention to VanEck Vectors Biotech current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. VanEck Vectors Biotech ETF exposes twenty-eight different technical indicators which can help you to evaluate its performance.
Time Horizon | 30 Days Login to change |
VanEck Vectors Biotech Relative Risk vs. Return Landscape
If you would invest 12,483 in VanEck Vectors Biotech ETF on March 27, 2018 and sell it today you would lose (987.00) from holding VanEck Vectors Biotech ETF or give up 7.91% of portfolio value over 30 days. VanEck Vectors Biotech ETF is generating negative expected returns assuming volatility of 1.4615% on return distribution over 30 days investment horizon. In other words, 13% of equities are less volatile than the company and above 99% of equities are expected to generate higher returns over the next 30 days. Daily Expected Return (%) |
Performance Rating
VanEck Vectors Biotech ETF Risk Adjusted Performance Analysis
0 Risk-Adjusted Performance
Risk-Adjusted PerformanceOver the last 30 days VanEck Vectors Biotech ETF has generated negative risk-adjusted returns adding no value to investors with long positions.
2 Months Efficiency
VanEck Vectors Sharpe Ratio = -0.1238
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Negative Returns | BBH |
Estimated Market Risk
1.46 actual daily | 87 % of total potential |
Expected Return
-0.18 actual daily | 1 % of total potential |
Risk-Adjusted Return
-0.12 actual daily | 1 % of total potential |
Based on monthly moving average VanEck Vectors is performing at about 0% 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 Vectors by adding it to a well-diversified portfolio.
Dividends
VanEck Vectors Biotech Dividends Analysis
Check also Trending Equities. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.