Vaneck Merk Gold Etf Net Asset
| OUNZ Etf | USD 22.42 0.03 0.13% |
VanEck Merk Gold fundamentals help investors to digest information that contributes to VanEck Merk's financial success or failures. It also enables traders to predict the movement of VanEck Etf. The fundamental analysis module provides a way to measure VanEck Merk's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to VanEck Merk etf.
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VanEck Merk Gold ETF Net Asset Analysis
VanEck Merk's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current VanEck Merk Net Asset | 595.56 M |
Most of VanEck Merk's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, VanEck Merk Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, VanEck Merk Gold has a Net Asset of 595.56 M. This is much higher than that of the Merk Funds family and significantly higher than that of the Commodities Focused category. The net asset for all United States etfs is notably lower than that of the firm.
VanEck Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VanEck Merk's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of VanEck Merk could also be used in its relative valuation, which is a method of valuing VanEck Merk by comparing valuation metrics of similar companies.VanEck Merk is currently under evaluation in net asset as compared to similar ETFs.
VanEck Fundamentals
| Number Of Employees | 292 | |||
| Beta | 0.16 | |||
| Total Asset | 595.56 M | |||
| One Year Return | 16.80 % | |||
| Three Year Return | 9.10 % | |||
| Five Year Return | 12.40 % | |||
| Net Asset | 595.56 M |
About VanEck Merk Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VanEck Merk Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VanEck Merk using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VanEck Merk Gold based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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The market value of VanEck Merk Gold 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 Merk's value that differs from its market value or its book value, called intrinsic value, which is VanEck Merk'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 Merk's market value can be influenced by many factors that don't directly affect VanEck Merk'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 Merk's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Merk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Merk'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.