Vaneck Egypt Index Etf Technical Analysis
| EGPTDelisted Etf | USD 21.48 0.00 0.00% |
As of the 19th of April, VanEck Egypt has the Coefficient Of Variation of (3,690), variance of 18.22, and Risk Adjusted Performance of (0.01). VanEck Egypt technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the etf's future prices. In other words, you can use this information to find out if the etf will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for VanEck Egypt Index, which can be compared to its competition. Please validate VanEck Egypt Index variance and potential upside to decide if VanEck Egypt is priced more or less accurately, providing market reflects its prevalent price of 21.48 per share.
VanEck Egypt Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as VanEck, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VanEckVanEck |
VanEck Egypt 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, delisted etf market cycles, or different charting patterns.
VanEck Egypt Index Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
VanEck Egypt Index Trend Analysis
Use this graph to draw trend lines for VanEck Egypt Index. You can use it to identify possible trend reversals for VanEck Egypt as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual VanEck Egypt price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.VanEck Egypt Best Fit Change Line
The following chart estimates an ordinary least squares regression model for VanEck Egypt Index applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that VanEck Egypt Index market price will keep on failing further. It has 122 observation points and a regression sum of squares at 40.82, which is the sum of squared deviations for the predicted VanEck Egypt price change compared to its average price change.About VanEck Egypt Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of VanEck Egypt Index on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of VanEck Egypt Index based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on VanEck Egypt Index price pattern first instead of the macroeconomic environment surrounding VanEck Egypt Index. By analyzing VanEck Egypt's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of VanEck Egypt's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to VanEck Egypt specific price patterns or momentum indicators. Please read more on our technical analysis page.
VanEck Egypt April 19, 2024 Technical Indicators
Most technical analysis of VanEck help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for VanEck from various momentum indicators to cycle indicators. When you analyze VanEck charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.12) | |||
| Mean Deviation | 1.88 | |||
| Coefficient Of Variation | (3,690) | |||
| Standard Deviation | 4.27 | |||
| Variance | 18.22 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (0.13) | |||
| Maximum Drawdown | 37.0 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 3.43 | |||
| Skewness | (5.44) | |||
| Kurtosis | 38.53 |
VanEck Egypt Index One Year Return
Based on the recorded statements, VanEck Egypt Index has an One Year Return of 42.4%. This is 915.38% lower than that of the VanEck family and notably lower than that of the Miscellaneous Region category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Other Consideration for investing in VanEck Etf
If you are still planning to invest in VanEck Egypt Index check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the VanEck Egypt's history and understand the potential risks before investing.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device |