VanEck Junior Financial Statements From 2010 to 2024
| GDXJ Etf | USD 41.00 0.17 0.41% |
Check VanEck Junior financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VanEck main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . VanEck financial statements analysis is a perfect complement when working with VanEck Junior Valuation or Volatility modules.
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VanEck Junior Gold ETF Price To Sales Analysis
VanEck Junior's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current VanEck Junior Price To Sales | 1.82 X |
Most of VanEck Junior's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, VanEck Junior Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, VanEck Junior Gold has a Price To Sales of 1.82 times. This is much higher than that of the VanEck family and significantly higher than that of the Equity Precious Metals category. The price to sales for all United States etfs is notably lower than that of the firm.
VanEck Junior Gold Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VanEck Junior's current stock value. Our valuation model uses many indicators to compare VanEck Junior value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VanEck Junior competition to find correlations between indicators driving VanEck Junior's intrinsic value. More Info.VanEck Junior Gold is one of the top ETFs in price to earning as compared to similar ETFs. It is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.06 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for VanEck Junior Gold is roughly 15.88 . Comparative valuation analysis is a catch-all model that can be used if you cannot value VanEck Junior by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for VanEck Junior'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 Junior's earnings, one of the primary drivers of an investment's value.About VanEck Junior Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include VanEck Junior income statement, its balance sheet, and the statement of cash flows. VanEck Junior investors use historical funamental indicators, such as VanEck Junior's revenue or net income, to determine how well the company is positioned to perform in the future. Although VanEck Junior investors may use each financial statement separately, they are all related. The changes in VanEck Junior's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on VanEck Junior'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. We offer a historical overview of the basic patterns found on VanEck Junior Financial Statements. Understanding these patterns can help to make the right decision on long term investment in VanEck Junior. Please read more on our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its total assets in securities that comprise the index. Vaneck Junior is traded on NYSEARCA Exchange in the United States.
VanEck Junior Implied Volatility | 53.88 |
VanEck Junior's implied volatility exposes the market's sentiment of VanEck Junior Gold stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if VanEck Junior's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that VanEck Junior stock will not fluctuate a lot when VanEck Junior's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards VanEck Junior in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, VanEck Junior's short interest history, or implied volatility extrapolated from VanEck Junior options trading.
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The market value of VanEck Junior Gold 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 Junior's value that differs from its market value or its book value, called intrinsic value, which is VanEck Junior'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 Junior's market value can be influenced by many factors that don't directly affect VanEck Junior'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 Junior's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Junior is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Junior'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.