Vaneck Etf Market Value

HYD -  USA Etf  

USD 62.40  0.04  0.06%

Vaneck High's market value is the price at which a share of Vaneck High stock trades on a public exchange. It measures the collective expectations of Vaneck High Yield investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Vaneck High Yield and determine expected loss or profit from investing in Vaneck High over a given investment horizon. Please check Vaneck High Hype Analysis, Vaneck High Correlation, Portfolio Optimization, Vaneck High Volatility, as well as analyze Vaneck High Alpha and Beta and Vaneck High Performance.
Symbol
Backtest

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 Vaneck High value 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.

Vaneck High 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Vaneck High's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Vaneck High.
0.00
02/03/2021
No Change 0.00  0.0 
In 9 months and 27 days
11/30/2021
0.00
If you would invest  0.00  in Vaneck High on February 3, 2021 and sell it all today you would earn a total of 0.00 from holding Vaneck High Yield or generate 0.0% return on investment in Vaneck High over 300 days. Vaneck High is related to or competes with Pfizer, 3M, Intel Corp, Chevron Corp, Coca Cola, General Electric, and Procter Gamble. The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of t...

Vaneck High Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Vaneck High's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Vaneck High Yield upside and downside potential and time the market with a certain degree of confidence.

Vaneck High Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Vaneck High's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vaneck High's standard deviation. In reality, there are many statistical measures that can use Vaneck High historical prices to predict the future Vaneck High's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Vaneck High's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Vaneck High in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
62.2462.4062.56
Details
Intrinsic
Valuation
LowReal ValueHigh
62.2162.3762.53
Details
Naive
Forecast
LowNext ValueHigh
61.9762.1362.29
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
61.3662.2163.07
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Vaneck High. Your research has to be compared to or analyzed against Vaneck High's peers to derive any actionable benefits. When done correctly, Vaneck High's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Vaneck High Yield.

Vaneck High Yield Backtested Returns

Vaneck High Yield owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0921, which indicates the etf had -0.0921% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any etf is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Vaneck High Yield exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Vaneck High coefficient of variation of (1,559), and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
The entity has a beta of 0.0119, which indicates not very significant fluctuations relative to the market. Let's try to break down what Vaneck's beta means in this case. As returns on the market increase, Vaneck High returns are expected to increase less than the market. However, during the bear market, the loss on holding Vaneck High will be expected to be smaller as well. Even though it is essential to pay attention to Vaneck High Yield current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any etf's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Vaneck High Yield exposes twenty-seven different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.74)   

Almost perfect reverse predictability

Vaneck High Yield has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Vaneck High time series from 3rd of February 2021 to 3rd of July 2021 and 3rd of July 2021 to 30th of November 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Vaneck High Yield price movement. The serial correlation of -0.74 indicates that around 74.0% of current Vaneck High price fluctuation can be explain by its past prices. Given that Vaneck High Yield has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Vaneck High for similar time interval.
Correlation Coefficient-0.74
Spearman Rank Test-0.81
Residual Average0.0
Price Variance0.25

Vaneck High Yield lagged returns against current returns

Autocorrelation, which is Vaneck High etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Vaneck High's etf expected returns. We can calculate the autocorrelation of Vaneck High returns to help us make a trade decision. For example, suppose you find that Vaneck High etf has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Vaneck High regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Vaneck High etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vaneck High etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vaneck High etf over time.
 Current vs Lagged Prices 
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      Timeline 

Vaneck High Lagged Returns

When evaluating Vaneck High's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vaneck High etf have on its future price. Vaneck High autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Vaneck High autocorrelation shows the relationship between Vaneck High etf current value and its past values and can show if there is a momentum factor associated with investing in Vaneck High Yield.
 Regressed Prices 
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      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Vaneck High without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Vaneck High Yield using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Vaneck High Hype Analysis, Vaneck High Correlation, Portfolio Optimization, Vaneck High Volatility, as well as analyze Vaneck High Alpha and Beta and Vaneck High Performance. Note that the Vaneck High Yield information on this page should be used as a complementary analysis to other Vaneck High's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running Vaneck High Yield 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 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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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, stock 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...