|Horizon||30 Days Login to change|
VanEck Vectors Market Sensitivity
VanEck Vectors Biotech Technical Analysis
VanEck Vectors Projected Return Density Against MarketConsidering 30-days investment horizon, VanEck Vectors has beta of 0.581 . This suggests as returns on market go up, VanEck Vectors average returns are expected to increase less than the benchmark. However during bear market, the loss on holding VanEck Vectors Biotech ETF will be expected to be much smaller as well. Additionally, VanEck Vectors Biotech ETF has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
VanEck Vectors Return VolatilityVanEck Vectors Biotech ETF has volatility of 1.883% on return distribution over 30 days investment horizon. DOW inherits 1.3062% risk (volatility on return distribution) over the 30 days horizon.