VanEck Vectors Technical Analysis

VanEck Vectors Biotech ETF -- USA Etf  

USD 119.89  0.22  0.18%

VanEck Vectors Biotech ETF has Coefficient Of Variation of 1,684 and Risk Adjusted Performance of 0.057755. 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 nineteen technical drivers for VanEck Vectors Biotech ETF which can be compared to its competition. Please validate VanEck Vectors Biotech 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 119.89 per share.
 Time Horizon     30 Days    Login   to change

VanEck Vectors Biotech Technical Analysis

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  Portfolio Optimization    
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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Biotech 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 Biotech Trend Analysis

Use 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 Line

The 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 0.008088 % 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 0.05, which is the sum of squared deviations for the predicted VanEck Vectors price change compared to its average price change.

Current Sentiment - BBH

VanEck Vectors Biotech Investor Sentiment
Greater number of Macroaxis users are currently bullish on VanEck Vectors Biotech ETF. What is your outlook on investing in VanEck Vectors Biotech ETF? Are you bullish or bearish?
98% Bullish
2% Bearish
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VanEck Vectors Biotech ETF is the top ETF in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about  1.30  of Standard Deviation per Mean Deviation.

One Year Return

VanEck Vectors Biotech One Year Return
Based on recorded statements VanEck Vectors Biotech ETF has One Year Return of 0.31%. This is 92.15% lower than that of the Van Eck family, and significantly higher than that of Sector category, The One Year Return for all etfs is 124.8% lower than the firm.
  Year Return 
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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.

VanEck Vectors Market Strength

VanEck Vectors March 23, 2018 Daily Price Condition