Vaneck Agribusiness Etf Performance
| MOO Etf | USD 72.71 0.49 0.68% |
The entity has a beta of 0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VanEck Agribusiness' returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Agribusiness is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in VanEck Agribusiness ETF are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, VanEck Agribusiness is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Avantax Advisory Services Inc. Sells 1341 Shares of VanEck Agribusiness ETF - AmericanBankingNEWS | 02/15/2024 |
2 | Should You Invest in the VanEck Agribusiness ETF - Zacks Investment Research | 02/26/2024 |
3 | Anchor Investment Management LLC Takes Position in VanEck Agribusiness ETF - Defense World | 03/18/2024 |
4 | Raymond James Financial Services Advisors Inc. Sells 5113 Shares of VanEck Agribusiness ETF - Defense World | 04/11/2024 |
5 | When the Price of Talks, People Listen - News Stock Traders Daily | 04/23/2024 |
6 | Why Animal Health-Focused Zoetis Shares Are Trading Higher Today | 05/02/2024 |
| In Threey Sharp Ratio | -0.34 |
VanEck |
VanEck Agribusiness Relative Risk vs. Return Landscape
If you would invest 7,201 in VanEck Agribusiness ETF on February 6, 2024 and sell it today you would earn a total of 70.00 from holding VanEck Agribusiness ETF or generate 0.97% return on investment over 90 days. VanEck Agribusiness ETF is generating 0.0189% of daily returns assuming volatility of 0.8706% on return distribution over 90 days investment horizon. In other words, 7% of etfs are less volatile than VanEck, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
VanEck Agribusiness Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Agribusiness' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VanEck Agribusiness ETF, and traders can use it to determine the average amount a VanEck Agribusiness' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0217
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| Negative Returns | MOO |
Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average VanEck Agribusiness is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of VanEck Agribusiness by adding it to a well-diversified portfolio.
VanEck Agribusiness Fundamentals Growth
VanEck Etf prices reflect investors' perceptions of the future prospects and financial health of VanEck Agribusiness, and VanEck Agribusiness fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on VanEck Etf performance.
| Price To Earning | 5.50 X | |||
| Price To Book | 2.19 X | |||
| Price To Sales | 0.96 X | |||
| Earnings Per Share | 6.05 X | |||
| Total Asset | 1.32 B | |||
About VanEck Agribusiness Performance
To evaluate VanEck Agribusiness ETF Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when VanEck Agribusiness generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare VanEck Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand VanEck Agribusiness ETF market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents VanEck's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Agribusiness is traded on NYSEARCA Exchange in the United States.| Latest headline from benzinga.com: Why Animal Health-Focused Zoetis Shares Are Trading Higher Today | |
| The fund generated three year return of -6.0% | |
| VanEck Agribusiness ETF maintains 99.97% of its assets in stocks |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Agribusiness ETF. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of VanEck Agribusiness ETF 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 Agribusiness' value that differs from its market value or its book value, called intrinsic value, which is VanEck Agribusiness' 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 Agribusiness' market value can be influenced by many factors that don't directly affect VanEck Agribusiness' 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 Agribusiness' value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Agribusiness is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Agribusiness' 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.