Vaneck Biotech Etf Buy Hold or Sell Recommendation
| BBH Etf | USD 151.99 1.02 0.67% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding VanEck Biotech ETF is 'Strong Hold'. Macroaxis provides VanEck Biotech buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BBH positions. The advice algorithm takes into account all of VanEck Biotech's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting VanEck Biotech's buy or sell advice are summarized below:
Real Value 154.07 | Hype Value 151.99 | Market Value 151.99 | Naive Value 149.54 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell VanEck Biotech ETF given historical horizon and risk tolerance towards VanEck Biotech. When Macroaxis issues a 'buy' or 'sell' recommendation for VanEck Biotech ETF, the advice is generated through an automated system that utilizes algorithms and statistical models.
VanEck |
Execute VanEck Biotech Buy or Sell Advice
The VanEck recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on VanEck Biotech ETF. Macroaxis does not own or have any residual interests in VanEck Biotech ETF or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute VanEck Biotech's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details |
VanEck Biotech Trading Alerts and Improvement Suggestions
| VanEck Biotech ETF generated a negative expected return over the last 90 days | |
| Latest headline from zacks.com: Should You Invest in the VanEck Biotech ETF | |
| The fund generated three year return of -6.0% | |
| VanEck Biotech ETF holds 99.96% of its assets under management (AUM) in equities |
VanEck Biotech Returns Distribution Density
The distribution of VanEck Biotech's historical returns is an attempt to chart the uncertainty of VanEck Biotech's future price movements. The chart of the probability distribution of VanEck Biotech daily returns describes the distribution of returns around its average expected value. We use VanEck Biotech ETF price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of VanEck Biotech returns is essential to provide solid investment advice for VanEck Biotech.
| Mean Return | -0.14 | Value At Risk | -1.84 | Potential Upside | 1.24 | Standard Deviation | 0.96 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of VanEck Biotech historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
VanEck Biotech Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to VanEck Biotech or VanEck sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that VanEck Biotech's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a VanEck etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.21 | |
β | Beta against NYSE Composite | 1.11 | |
σ | Overall volatility | 0.98 | |
Ir | Information ratio | -0.22 |
VanEck Biotech Volatility Alert
VanEck Biotech ETF exhibits very low volatility with skewness of -0.09 and kurtosis of -0.08. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure VanEck Biotech's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact VanEck Biotech's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.VanEck Biotech Fundamentals Vs Peers
Comparing VanEck Biotech's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze VanEck Biotech's direct or indirect competition across all of the common fundamentals between VanEck Biotech and the related equities. This way, we can detect undervalued stocks with similar characteristics as VanEck Biotech or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of VanEck Biotech's fundamental indicators could also be used in its relative valuation, which is a method of valuing VanEck Biotech by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare VanEck Biotech to competition |
| Fundamentals | VanEck Biotech | Peer Average |
| Price To Earning | 17.66 X | 3.15 X |
| Price To Book | 2.74 X | 0.39 X |
| Price To Sales | 4.72 X | 0.33 X |
| Beta | 0.85 | |
| One Year Return | (7.10) % | (0.97) % |
| Three Year Return | (5.90) % | 3.23 % |
| Five Year Return | 5.10 % | 1.12 % |
| Ten Year Return | 6.30 % | 1.20 % |
| Net Asset | 478.42 M | 2.29 B |
| Last Dividend Paid | 0.47 | 0.14 |
| Equity Positions Weight | 99.96 % | 52.82 % |
VanEck Biotech Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as VanEck . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.0097 | |||
| Daily Balance Of Power | (0.69) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 152.54 | |||
| Day Typical Price | 152.36 | |||
| Market Facilitation Index | 1.48 | |||
| Price Action Indicator | (1.06) | |||
| Period Momentum Indicator | (1.02) |
About VanEck Biotech Buy or Sell Advice
When is the right time to buy or sell VanEck Biotech ETF? Buying financial instruments such as VanEck Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out VanEck Biotech Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the VanEck Biotech ETF information on this page should be used as a complementary analysis to other VanEck Biotech'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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
The market value of VanEck Biotech 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 Biotech's value that differs from its market value or its book value, called intrinsic value, which is VanEck Biotech'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 Biotech's market value can be influenced by many factors that don't directly affect VanEck Biotech'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 Biotech's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Biotech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Biotech'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.