VanEck Oil Financials

CRAK Etf  USD 38.03  0.18  0.48%   
Financial data analysis helps to confirm if markets are presently mispricing VanEck Oil. We were able to analyze thirteen available drivers for VanEck Oil Refiners, which can be compared to its competition. Please use VanEck Oil total asset and net asset to make a decision on whether VanEck Oil Refiners is priced fairly. The etf experiences a normal upward fluctuation. Check odds of VanEck Oil to be traded at $39.93 in 90 days. Key indicators impacting VanEck Oil's financial strength include:
Net Expense Ratio
0.0061
3 y Sharp Ratio
0.49
With this module, you can analyze VanEck financials for your investing period. You should be able to track the changes in VanEck Oil individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past VanEck Oil Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of VanEck Oil's financial statements are interrelated, with each one affecting the others. For example, an increase in VanEck Oil's assets may result in an increase in income on the income statement.
Evaluating VanEck Oil's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of VanEck Oil's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the VanEck Oil's relative financial performance

Chance Of Distress

Less than 9

 
100  
 
Zero
Low
VanEck Oil Refiners has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for VanEck Oil etf is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
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The data published in VanEck Oil's official financial statements usually reflect VanEck Oil's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of VanEck Oil Refiners. For example, before you start analyzing numbers published by VanEck accountants, it's critical to develop an understanding of what VanEck Oil's liquidity, profitability, and earnings quality are in the context of the VanEck space in which it operates.
Please note, the presentation of VanEck Oil's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, VanEck Oil's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in VanEck Oil's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of VanEck Oil Refiners. Please utilize our Beneish M Score to check the likelihood of VanEck Oil's management manipulating its earnings.

VanEck Oil Company Summary

VanEck Oil competes with Drum Income, EA Series, Global X, ETRACS Quarterly, and Global X. The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Oil is traded on NYSEARCA Exchange in the United States.
InstrumentUSA Etf View All
ExchangeNYSE ARCA Exchange
ISINUS92189F5851
CUSIP92189F585 57061R296
RegionGlobal
Investment IssuerVan Eck
Etf FamilyVanEck
Fund CategorySector
Portfolio ConcentrationEnergy
BenchmarkNYSE Composite
PhoneNA
CurrencyUSD - US Dollar
You should never invest in VanEck Oil without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of VanEck Etf, because this is throwing your money away. Analyzing the key information contained in VanEck Oil's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

VanEck Oil Key Financial Ratios

Generally speaking, VanEck Oil's financial ratios allow both analysts and investors to convert raw data from VanEck Oil's financial statements into concise, actionable information that can be used to evaluate the performance of VanEck Oil over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that VanEck Oil Refiners reports annually and quarterly.

VanEck Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining VanEck Oil's current stock value. Our valuation model uses many indicators to compare VanEck Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VanEck Oil competition to find correlations between indicators driving VanEck Oil's intrinsic value. More Info.
VanEck Oil Refiners is the top ETF in net asset as compared to similar ETFs. It is the top ETF in beta as compared to similar ETFs . The ratio of Net Asset to Beta for VanEck Oil Refiners is about  46,561,644 . Comparative valuation analysis is a catch-all model that can be used if you cannot value VanEck Oil by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for VanEck Oil's Etf . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the VanEck Oil's earnings, one of the primary drivers of an investment's value.

VanEck Oil Refiners Systematic Risk

VanEck Oil's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. VanEck Oil volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fourteen. The Beta measures systematic risk based on how returns on VanEck Oil Refiners correlated with the market. If Beta is less than 0 VanEck Oil generally moves in the opposite direction as compared to the market. If VanEck Oil Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VanEck Oil Refiners is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VanEck Oil is generally in the same direction as the market. If Beta > 1 VanEck Oil moves generally in the same direction as, but more than the movement of the benchmark.

About VanEck Oil Financials

What exactly are VanEck Oil Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include VanEck Oil's income statement, its balance sheet, and the statement of cash flows. Potential VanEck Oil investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although VanEck Oil investors may use each financial statement separately, they are all related. The changes in VanEck Oil's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on VanEck Oil's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze VanEck Oil Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as VanEck Oil is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of VanEck has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if VanEck Oil's financials are consistent with your investment objective using the following steps:
  • Review VanEck Oil's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand VanEck Oil's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare VanEck Oil's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if VanEck Oil's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

VanEck Oil Thematic Clasifications

VanEck Oil Refiners is part of several thematic ideas from Energy ETFs to Sector ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas

VanEck Oil March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of VanEck Oil help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of VanEck Oil Refiners. We use our internally-developed statistical techniques to arrive at the intrinsic value of VanEck Oil Refiners based on widely used predictive technical indicators. In general, we focus on analyzing VanEck Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build VanEck Oil's daily price indicators and compare them against related drivers.
When determining whether VanEck Oil Refiners is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if VanEck Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Vaneck Oil Refiners Etf. Highlighted below are key reports to facilitate an investment decision about Vaneck Oil Refiners Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck Oil Refiners. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the VanEck Oil Refiners information on this page should be used as a complementary analysis to other VanEck Oil's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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The market value of VanEck Oil Refiners is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Oil's value that differs from its market value or its book value, called intrinsic value, which is VanEck Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck Oil's market value can be influenced by many factors that don't directly affect VanEck Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.