VanEck Vectors Egypt ETF has Downside Deviation of 0.798, Standard Deviation of 1.21 and Risk Adjusted Performance of 0.4479. VanEck Vectors technical analysis provides you with the way to harness past market data to determine a pattern that measures the direction of the etf 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 found eighteen technical drivers for VanEck Vectors Egypt ETF which can be compared to its competition. Please validate VanEck Vectors Egypt Standard Deviation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Expected Short fall to decide if VanEck Vectors is priced more or less accurately providing market reflects its prevalent price of 37.94 per share.
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VanEck Vectors Egypt Technical Analysis
VanEck Vectors Egypt Trend AnalysisUse this graph to draw trend lines for VanEck Vectors Egypt ETF. You can use it to identify possible trend reversals for VanEck Vectors 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 Vectors price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
VanEck Vectors Best Fit Change LineThe following chart estimates an ordinary least squares regression model for VanEck Vectors Egypt ETF applied against its price change over selected period. The best fit line has a slop of 0.29 % which means VanEck Vectors Egypt ETF will continue generating value for investors. It has 34 observation points and a regression sum of squares at 69.43, which is the sum of squared deviations for the predicted VanEck Vectors price change compared to its average price change.
VanEck Vectors Egypt ETF is one of the top ETFs in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about 1.42 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for VanEck Vectors Egypt ETF is roughly 1.42