Vaneck Iboxx Eur Etf Fundamentals
VanEck iBoxx EUR fundamentals help investors to digest information that contributes to VanEck IBoxx'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 IBoxx'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 IBoxx etf.
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VanEck iBoxx EUR ETF One Year Return Analysis
VanEck IBoxx's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current VanEck IBoxx One Year Return | 1.91 % |
Most of VanEck IBoxx's fundamental indicators, such as One Year Return, 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 iBoxx EUR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the recorded statements, VanEck iBoxx EUR has an One Year Return of 1.91%. This is much higher than that of the VanEck Asset Management B.V. family and significantly higher than that of the One Year Return category. The one year return for all Netherlands etfs is notably lower than that of the firm.
VanEck One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VanEck IBoxx's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of VanEck IBoxx could also be used in its relative valuation, which is a method of valuing VanEck IBoxx by comparing valuation metrics of similar companies.VanEck IBoxx is currently under evaluation in one year return as compared to similar ETFs.
Fund Asset Allocation for VanEck IBoxx
The fund invests most of its asset under management in bonds or other fixed income securities. .Asset allocation divides VanEck IBoxx's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
VanEck Fundamentals
| Total Asset | 37.38 M | |||
| One Year Return | 1.91 % | |||
| Three Year Return | 2.56 % | |||
| Five Year Return | 1.69 % | |||
| Net Asset | 37.38 M | |||
| Last Dividend Paid | 0.05 | |||
| Bond Positions Weight | 99.75 % |
About VanEck IBoxx Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VanEck iBoxx EUR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VanEck IBoxx using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VanEck iBoxx EUR 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.The aim of the VanEck Vectors iBoxx EUR Sovereign Diversified 1-10 UCITS ETF is to follow the Markit iBoxx EUR Liquid Sovereign Diversified 1-10 Index as closely as possible. VanEck EUR is traded on Amsterdam Stock Exchange in Netherlands.
Pair Trading with VanEck IBoxx
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VanEck IBoxx position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VanEck IBoxx will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to VanEck IBoxx could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VanEck IBoxx when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VanEck IBoxx - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VanEck iBoxx EUR to buy it.
The correlation of VanEck IBoxx is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VanEck IBoxx moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VanEck iBoxx EUR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for VanEck IBoxx can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VanEck iBoxx EUR. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.