|Time Horizon||30 Days Login to change|
VanEck Vectors Biotech Technical Analysis
VanEck Vectors Biotech Trend AnalysisUse this graph to draw trend lines for VanEck Vectors Biotech 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 LineThe following chart estimates an ordinary least squares regression model for VanEck Vectors Biotech ETF applied against its price change over selected period. The best fit line has a slop of 0.65 % which may imply that VanEck Vectors Biotech ETF will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 347.05, which is the sum of squared deviations for the predicted VanEck Vectors price change compared to its average price change.
|Risk Adjusted Performance||0.1052|
|Market Risk Adjusted Performance||0.5542|
|Coefficient Of Variation||591.39|
|Total Risk Alpha||0.05|
|Value At Risk||1.63|
|Expected Short fall||0.90|