VanEck Africa Etf Forecast - Day Typical Price
| AFK Etf | USD 14.61 0.09 0.61% |
VanEck Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast VanEck Africa stock prices and determine the direction of VanEck Africa Index's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of VanEck Africa's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of VanEck Africa to cross-verify your projections. VanEck |
Open Interest Against 2024-04-19 VanEck Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast VanEck Africa's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in VanEck Africa's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for VanEck Africa stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current VanEck Africa's open interest, investors have to compare it to VanEck Africa's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of VanEck Africa is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in VanEck. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in VanEck Africa cannot accurately predict what will happen the next trading day because, historically, etf markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the VanEck Africa's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets VanEck Africa's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Check VanEck Africa Volatility | Backtest VanEck Africa | Information Ratio |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare VanEck Africa to competition |
Other Forecasting Options for VanEck Africa
For every potential investor in VanEck, whether a beginner or expert, VanEck Africa's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. VanEck Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in VanEck. Basic forecasting techniques help filter out the noise by identifying VanEck Africa's price trends.VanEck Africa Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with VanEck Africa etf to make a market-neutral strategy. Peer analysis of VanEck Africa could also be used in its relative valuation, which is a method of valuing VanEck Africa by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
VanEck Africa Index Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of VanEck Africa's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of VanEck Africa's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
VanEck Africa Market Strength Events
Market strength indicators help investors to evaluate how VanEck Africa etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VanEck Africa shares will generate the highest return on investment. By undertsting and applying VanEck Africa etf market strength indicators, traders can identify VanEck Africa Index entry and exit signals to maximize returns.
VanEck Africa Risk Indicators
The analysis of VanEck Africa's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in VanEck Africa's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vaneck etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.04 | |||
| Semi Deviation | 1.29 | |||
| Standard Deviation | 1.28 | |||
| Variance | 1.65 | |||
| Downside Variance | 1.97 | |||
| Semi Variance | 1.66 | |||
| Expected Short fall | (1.04) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with VanEck Africa
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VanEck Africa position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VanEck Africa will appreciate offsetting losses from the drop in the long position's value.Moving together with VanEck Etf
| 0.67 | BBCA | JPMorgan BetaBuilders | PairCorr |
| 0.69 | EWC | iShares MSCI Canada | PairCorr |
| 0.81 | EWU | iShares MSCI United | PairCorr |
Moving against VanEck Etf
| 0.6 | BITI | ProShares Trust | PairCorr |
The ability to find closely correlated positions to VanEck Africa could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VanEck Africa when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VanEck Africa - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VanEck Africa Index to buy it.
The correlation of VanEck Africa is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VanEck Africa moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VanEck Africa Index moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for VanEck Africa can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of VanEck Africa to cross-verify your projections. Note that the VanEck Africa Index information on this page should be used as a complementary analysis to other VanEck Africa'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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of VanEck Africa Index 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 Africa's value that differs from its market value or its book value, called intrinsic value, which is VanEck Africa'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 Africa's market value can be influenced by many factors that don't directly affect VanEck Africa'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 Africa's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Africa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Africa'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.