Vaneck Gaming Etf Profile
| BJK Etf | USD 39.60 0.50 1.25% |
Performance0 of 100
| Odds Of DistressLess than 9
|
VanEck Gaming is selling for 39.60 as of the 19th of April 2024. This is a -1.25 percent down since the beginning of the trading day. The etf's last reported lowest price was 39.6. VanEck Gaming has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for VanEck Gaming ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Gaming is traded on NYSEARCA Exchange in the United States. More on VanEck Gaming ETF
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 Gaming's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding VanEck Gaming or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO | Keith Carlson |
| Thematic Ideas | (View all Themes) |
| Old Name | MKT VECTORS GAMING |
| Business Concentration | Consumer Discretionary ETFs, Sector ETFs, Consumer Cyclical, VanEck (View all Sectors) |
| Issuer | Van Eck |
| Inception Date | 2008-01-22 |
| Benchmark | Market Vectors Global Gaming Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 41.95 Million |
| Average Trading Valume | 5,599 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Consumer Discretionary |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Van Eck Associates Corporation |
| Advisor | Van Eck Associates Corporation |
| Custodian | State Street Bank and Trust Company |
| Distributor | Van Eck Securities Corporation |
| Portfolio Manager | Hao-Hung Peter Liao, Guo Hua Jason Jin |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Apr |
| Exchange | NASDAQ |
| Number of Constituents | 38.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.62 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | (3.74) |
| Name | VanEck Gaming ETF |
| Currency Code | USD |
| Open Figi | BBG000V86Z03 |
| In Threey Volatility | 23.13 |
| 1y Volatility | 20.81 |
| 200 Day M A | 42.1818 |
| 50 Day M A | 43.1938 |
| Code | BJK |
| Updated At | 17th of April 2024 |
| Currency Name | US Dollar |
VanEck Gaming ETF [BJK] is traded in USA and was established 2008-01-22. The fund is classified under Consumer Cyclical category within VanEck family. The entity is thematically classified as Consumer Discretionary ETFs. VanEck Gaming ETF currently have 60.56 M in assets under management (AUM). , while the total return for the last 3 years was -8.4%.
Check VanEck Gaming Probability Of Bankruptcy
Geographic Allocation (%)
VanEck Gaming ETF Currency Exposure
VanEck Gaming ETF holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of VanEck Gaming will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in VanEck Gaming ETF.
Top VanEck Gaming ETF Etf Constituents
| SCHYF | Sands China | Pink Sheet | Resorts & Casinos |
| MLCO | Melco Resorts Entertainment | Stock | Consumer Discretionary |
| CZR | Caesars Entertainment | Stock | Consumer Discretionary |
| DKNG | DraftKings | Stock | Consumer Discretionary |
| EVO | Evotec SE ADR | Stock | Health Care |
| GLPI | Gaming Leisure Properties | Stock | Real Estate |
| LVS | Las Vegas Sands | Stock | Consumer Discretionary |
VanEck Gaming Target Price Odds Analysis
Proceeding from a normal probability distribution, the odds of VanEck Gaming jumping above the current price in 90 days from now is close to 99%. The VanEck Gaming ETF probability density function shows the probability of VanEck Gaming etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon VanEck Gaming ETF has a beta of -0.1234 suggesting as returns on the benchmark increase, returns on holding VanEck Gaming are expected to decrease at a much lower rate. During a bear market, however, VanEck Gaming ETF is likely to outperform the market. Additionally, vanEck Gaming ETF has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of VanEck Gaming to move above the current price in 90 days from now is close to 99 (This VanEck Gaming ETF probability density function shows the probability of VanEck Etf to fall within a particular range of prices over 90 days) .
VanEck Gaming ETF Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. VanEck Gaming market risk premium is the additional return an investor will receive from holding VanEck Gaming 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 Gaming. 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 Gaming's alpha and beta are two of the key measurements used to evaluate VanEck Gaming's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | 0.8366 |
VanEck Gaming Against Markets
Picking the right benchmark for VanEck Gaming 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 Gaming 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 Gaming is critical whether you are bullish or bearish towards VanEck Gaming ETF at a given time. Please also check how VanEck Gaming's 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 Gaming 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 Portfolio Volatility Now
Portfolio VolatilityCheck portfolio volatility and analyze historical return density to properly model market risk |
| All Next | Launch Module |
How to buy VanEck Etf?
Before investing in VanEck Gaming, 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 Gaming. To buy VanEck Gaming etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of VanEck Gaming. 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 Gaming etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located VanEck Gaming 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 Gaming 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 Gaming 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 Gaming guide.
Already Invested in VanEck Gaming ETF?
The danger of trading VanEck Gaming 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 Gaming 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 Gaming. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile VanEck Gaming 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 Gaming ETF is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if VanEck Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Vaneck Gaming Etf. Highlighted below are key reports to facilitate an investment decision about Vaneck Gaming Etf: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck Gaming 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 inflation. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of VanEck Gaming 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 Gaming's value that differs from its market value or its book value, called intrinsic value, which is VanEck Gaming'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 Gaming's market value can be influenced by many factors that don't directly affect VanEck Gaming'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 Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Gaming'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.