Vaneck Green Bond Etf Profile
| GRNB Etf | USD 23.25 0.00 0.00% |
Performance0 of 100
| Odds Of DistressLess than 44
|
VanEck Green is trading at 23.25 as of the 25th of April 2024, a No Change since the beginning of the trading day. The etf's open price was 23.2544. VanEck Green has about a 44 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for VanEck Green Bond are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Green is traded on NYSEARCA Exchange in the United States. The company has 133.16 M outstanding shares of which 609.99 K shares are currently shorted by private and institutional investors with about 33.7 trading days to cover. More on VanEck Green Bond
Moving together with VanEck Etf
| 0.83 | IGOV | iShares International | PairCorr |
| 0.83 | BWX | SPDR Bloomberg Inter | PairCorr |
| 0.79 | WIP | SPDR FTSE International | PairCorr |
| 0.76 | BWZ | SPDR Bloomberg Short | PairCorr |
| 0.88 | PICB | Invesco International | PairCorr |
| 0.86 | SPSK | SP Funds Dow | PairCorr |
VanEck Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. VanEck Green's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding VanEck Green or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Global Bond, VanEck, Banking (View all Sectors) |
| Country Name | USA |
| Returns Y T D | (1.38) |
| Name | VanEck Green Bond ETF |
| Currency Code | USD |
| In Threey Volatility | 6.28 |
| 1y Volatility | 5.76 |
| 200 Day M A | 23.2267 |
| 50 Day M A | 23.548 |
| Code | GRNB |
| Updated At | 24th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.72) |
| Type | ETF |
VanEck Green Bond [GRNB] is traded in USA and was established 2017-03-03. The fund is listed under Global Bond category and is part of VanEck family. VanEck Green Bond currently have 79 M in assets under management (AUM). , while the total return for the last 3 years was -2.5%.
VanEck Green Bond currently holds about 653 K in cash with (338 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check VanEck Green Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on VanEck Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding VanEck Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as VanEck Green Bond Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top VanEck Green Bond Etf Constituents
| Kreditanstalt Fur Wiederaufbau 0.75% | 0.92% |
| Kreditanstalt Fur Wiederaufbau 1.75% | 1.76% |
| Federal National Mortgage Association 3.67% | 1.37% |
| Chile (Republic of) 3.5% | 1.24% |
| International Finance Corporation 2.12% | 0.87% |
| Industrial and Commercial Bank of China Limited, Hong Kong Branch 0.9% | 0.83% |
| European Investment Bank 2.12% | 0.87% |
| Verizon Communications Inc. 3.88% | 0.85% |
| European Investment Bank 2.88% | 0.84% |
| Apple Inc. 3% | 1.25% |
VanEck Green Target Price Odds Analysis
What are VanEck Green's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of VanEck Green jumping above the current price in 90 days from now is about 97.0%. The VanEck Green Bond probability density function shows the probability of VanEck Green etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days VanEck Green has a beta of 0.2285. This usually indicates as returns on the market go up, VanEck Green average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding VanEck Green Bond will be expected to be much smaller as well. Additionally, vanEck Green Bond has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of VanEck Green to move above the current price in 90 days from now is about 97.0 (This VanEck Green Bond probability density function shows the probability of VanEck Etf to fall within a particular range of prices over 90 days) .
VanEck Green Bond Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. VanEck Green market risk premium is the additional return an investor will receive from holding VanEck Green long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck Green. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although VanEck Green's alpha and beta are two of the key measurements used to evaluate VanEck Green's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.07) |
VanEck Green Against Markets
Picking the right benchmark for VanEck Green etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in VanEck Green etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for VanEck Green is critical whether you are bullish or bearish towards VanEck Green Bond at a given time. Please also check how VanEck Green's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in VanEck Green without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy VanEck Etf?
Before investing in VanEck Green, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in VanEck Green. To buy VanEck Green etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of VanEck Green. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase VanEck Green etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located VanEck Green Bond etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased VanEck Green Bond etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as VanEck Green Bond, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy VanEck Etf please use our How to Invest in VanEck Green guide.
Already Invested in VanEck Green Bond?
The danger of trading VanEck Green Bond is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of VanEck Green is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than VanEck Green. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile VanEck Green Bond is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether VanEck Green Bond offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck Green's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vaneck Green Bond Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Green Bond Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Green Bond. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of VanEck Green Bond 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 Green's value that differs from its market value or its book value, called intrinsic value, which is VanEck Green'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 Green's market value can be influenced by many factors that don't directly affect VanEck Green'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 Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Green'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.