Vaneck High Yield Etf Technical Analysis

HYD Etf  USD 52.17  0.04  0.08%   
As of the 28th of March, VanEck High has the Risk Adjusted Performance of 0.0475, semi deviation of 0.306, and Coefficient Of Variation of 1030.43. VanEck High 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 have analyzed and interpolated nineteen technical drivers for VanEck High Yield, which can be compared to its competition. Please validate VanEck High Yield jensen alpha, as well as the relationship between the potential upside and skewness to decide if VanEck High is priced more or less accurately, providing market reflects its prevalent price of 52.17 per share.

VanEck High 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 VanEck
  
VanEck High's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
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.
A focus of VanEck High technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of VanEck High trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

VanEck High Yield Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of VanEck High Yield volatility. High ATR values indicate high volatility, and low values indicate low volatility.

VanEck High Yield Trend Analysis

Use this graph to draw trend lines for VanEck High Yield. You can use it to identify possible trend reversals for VanEck High 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 High price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

VanEck High Best Fit Change Line

The following chart estimates an ordinary least squares regression model for VanEck High Yield applied against its price change over selected period. The best fit line has a slop of   0.03  , which may imply that VanEck High Yield will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 25.21, which is the sum of squared deviations for the predicted VanEck High price change compared to its average price change.

About VanEck High 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 High Yield 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 High Yield based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on VanEck High Yield price pattern first instead of the macroeconomic environment surrounding VanEck High Yield. By analyzing VanEck High'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 High'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 High specific price patterns or momentum indicators. Please read more on our technical analysis page.

VanEck High March 28, 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.

VanEck High Yield One Year Return

Based on the recorded statements, VanEck High Yield has an One Year Return of 6.3%. This is 221.15% lower than that of the VanEck family and significantly higher than that of the High Yield Muni 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.

VanEck High March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as VanEck stock. With literally thousands of 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.
When determining whether VanEck High Yield is a strong investment it is important to analyze VanEck High's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VanEck High's future performance. For an informed investment choice regarding VanEck Etf, refer to the following important reports:
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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for VanEck Etf analysis

When running VanEck High's price analysis, check to measure VanEck High's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VanEck High is operating at the current time. Most of VanEck High's value examination focuses on studying past and present price action to predict the probability of VanEck High's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VanEck High's price. Additionally, you may evaluate how the addition of VanEck High to your portfolios can decrease your overall portfolio volatility.
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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.