Vaneck High Yield Etf Price on August 3, 2020
HYD Etf | USD 51.43 0.05 0.1% |
Below is the normalized historical share price chart for VanEck High Yield extending back to February 05, 2009. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of VanEck High stands at 51.43, as last reported on the 19th of April, with the highest price reaching 51.59 and the lowest price hitting 51.38 during the day.
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. We consider VanEck High very steady. VanEck High Yield owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the etf had a 0.1% return per unit of risk over the last 3 months. We have found thirty technical indicators for VanEck High Yield, which you can use to evaluate the volatility of the etf. Please validate VanEck High's Risk Adjusted Performance of 0.0296, coefficient of variation of 1653.57, and Semi Deviation of 0.3312 to confirm if the risk estimate we provide is consistent with the expected return of 0.0362%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 8.96 | 200 Day MA 50.6334 | 1 y Volatility 8.53 | 50 Day MA 51.7334 | Inception Date 2009-02-04 |
VanEck |
Sharpe Ratio = 0.1036
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Estimated Market Risk
0.35 actual daily | 3 97% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average VanEck High is performing at about 8% 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 High by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About VanEck High Etf history
VanEck High investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for VanEck is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in VanEck High Yield will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing VanEck High stock prices may prove useful in developing a viable investing in VanEck High
The fund normally invests at least 80 percent of its total assets in securities that comprise the benchmark index. Vaneck High is traded on BATS Exchange in the United States.
VanEck High Etf Technical Analysis
VanEck High technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
VanEck High Period Price Range
VanEck High April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck High 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 High shares will generate the highest return on investment. By undertsting and applying VanEck High etf market strength indicators, traders can identify VanEck High Yield entry and exit signals to maximize returns
VanEck High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck High's price direction in advance. Along with the technical and fundamental analysis of VanEck Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of VanEck to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0296 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.12) | |||
Treynor Ratio | 0.0504 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck High Yield. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of VanEck High Yield 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 High's value that differs from its market value or its book value, called intrinsic value, which is VanEck High'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 High's market value can be influenced by many factors that don't directly affect VanEck High'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 High's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck High'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.