Vaneck Vectors Etf Profile
| GMET Etf | USD 24.76 0.03 0.12% |
Performance8 of 100
| Odds Of DistressOver 56
|
VanEck Vectors is selling for under 24.76 as of the 25th of April 2024; that is 0.12 percent increase since the beginning of the trading day. The etf's last reported lowest price was 24.6. VanEck Vectors has over 56 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for VanEck Vectors ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of May 2022 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 of Green Metals Companies. Vaneck Green is traded on NYSEARCA Exchange in the United States. The company has 40.51 M outstanding shares of which 204.78 K shares are currently shorted by private and institutional investors with about 9.67 trading days to cover. More on VanEck Vectors ETF
Moving together with VanEck Etf
| 0.77 | XLB | Materials Select Sector | PairCorr |
| 0.77 | VAW | Vanguard Materials Index | PairCorr |
| 0.9 | XME | SPDR SP Metals | PairCorr |
| 0.81 | FXZ | First Trust Materials | PairCorr |
| 0.62 | FIW | First Trust Water | PairCorr |
Moving against VanEck Etf
| 0.47 | BND | Vanguard Total Bond | 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 Vectors' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding VanEck Vectors or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Michael McGovern |
| Business Concentration | Natural Resources, VanEck, Conglomerates, Industrials (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 1.75 |
| Name | VanEck Vectors ETF Trust - VanEck Green Metals ETF |
| Currency Code | USD |
| 1y Volatility | 28.63 |
| 200 Day M A | 23.9811 |
| 50 Day M A | 23.3834 |
| Code | GMET |
| Updated At | 25th of April 2024 |
| Currency Name | US Dollar |
| Type | ETF |
VanEck Vectors ETF [GMET] is traded in USA and was established 2021-11-09. The fund is listed under Natural Resources category and is part of VanEck family. VanEck Vectors ETF currently have 19.64 M in assets under management (AUM). , while the total return for the last year was -11.3%.
VanEck Vectors ETF currently holds about 18.63 M in cash with (5.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.46.
Check VanEck Vectors 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 Vectors ETF 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 Vectors ETF Etf Constituents
| ANTO | Antofagasta PLC | Stock | Materials |
| 000408 | Zangge Holding Co | Stock | Industrials |
| LAAC | Lithium Americas Corp | Stock | Other Industrial Metals & Mining |
| SQM | Sociedad Quimica y | Stock | Materials |
| SBSW | Sibanye Gold Ltd | Stock | Materials |
| 600884 | Ningbo Shanshan Co | Stock | Materials |
| 601168 | Western Mining Co | Stock | Materials |
VanEck Vectors Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of VanEck Vectors jumping above the current price in 90 days from now is about 14.93%. The VanEck Vectors ETF probability density function shows the probability of VanEck Vectors etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.238. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, VanEck Vectors will likely underperform. Additionally, vanEck Vectors ETF has an alpha of 0.1579, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of VanEck Vectors to move above the current price in 90 days from now is about 14.93 (This VanEck Vectors ETF probability density function shows the probability of VanEck Etf to fall within a particular range of prices over 90 days) .
VanEck Vectors ETF Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. VanEck Vectors market risk premium is the additional return an investor will receive from holding VanEck Vectors 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 Vectors. 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 Vectors' alpha and beta are two of the key measurements used to evaluate VanEck Vectors' performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1027 | |||
| Jensen Alpha | 0.1579 | |||
| Total Risk Alpha | 0.0408 | |||
| Sortino Ratio | 0.1066 |
VanEck Vectors Against Markets
Picking the right benchmark for VanEck Vectors 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 Vectors 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 Vectors is critical whether you are bullish or bearish towards VanEck Vectors ETF at a given time. Please also check how VanEck Vectors' 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 Vectors 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?
Run Fundamental Analysis Now
Fundamental AnalysisView fundamental data based on most recent published financial statements |
| All Next | Launch Module |
How to buy VanEck Etf?
Before investing in VanEck Vectors, 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 Vectors. To buy VanEck Vectors etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of VanEck Vectors. 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 Vectors etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located VanEck Vectors ETF 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 Vectors ETF 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 Vectors ETF, 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 Vectors guide.
Already Invested in VanEck Vectors ETF?
The danger of trading VanEck Vectors ETF 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 Vectors 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 Vectors. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile VanEck Vectors ETF 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 Vectors ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck Vectors' 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 Vectors Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Vectors Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Vectors 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 income. Note that the VanEck Vectors ETF information on this page should be used as a complementary analysis to other VanEck Vectors' 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of VanEck Vectors 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 Vectors' value that differs from its market value or its book value, called intrinsic value, which is VanEck Vectors' 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 Vectors' market value can be influenced by many factors that don't directly affect VanEck Vectors' 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 Vectors' value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Vectors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Vectors' 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.