Vaneck Mortgage Reit Etf Market Value
| MORT Etf | USD 11.16 0.09 0.80% |
| Symbol | VanEck |
The market value of VanEck Mortgage REIT 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 Mortgage's value that differs from its market value or its book value, called intrinsic value, which is VanEck Mortgage'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 Mortgage's market value can be influenced by many factors that don't directly affect VanEck Mortgage'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 Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Mortgage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Mortgage'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 Mortgage '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 Mortgage'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 Mortgage.
| 05/05/2024 |
| 06/04/2024 |
If you would invest 0.00 in VanEck Mortgage on May 5, 2024 and sell it all today you would earn a total of 0.00 from holding VanEck Mortgage REIT or generate 0.0% return on investment in VanEck Mortgage over 30 days. VanEck Mortgage is related to or competes with Global X, Global X, Invesco KBW, Ep Emerging, LiCycle Holdings, SEI Investments, and Goosehead Insurance. The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index More
VanEck Mortgage 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 Mortgage'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 Mortgage REIT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.89 | |||
| Information Ratio | 0.0095 | |||
| Maximum Drawdown | 7.45 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 1.78 |
VanEck Mortgage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Mortgage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VanEck Mortgage's standard deviation. In reality, there are many statistical measures that can use VanEck Mortgage historical prices to predict the future VanEck Mortgage's volatility.| Risk Adjusted Performance | 0.0277 | |||
| Jensen Alpha | 0.0064 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.007 | |||
| Treynor Ratio | 0.031 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of VanEck Mortgage'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.
VanEck Mortgage REIT Backtested Returns
We consider VanEck Mortgage not too volatile. VanEck Mortgage REIT owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0397, which indicates the etf had a 0.0397% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for VanEck Mortgage REIT, which you can use to evaluate the volatility of the etf. Please validate VanEck Mortgage's Risk Adjusted Performance of 0.0277, coefficient of variation of 2826.77, and Semi Deviation of 1.76 to confirm if the risk estimate we provide is consistent with the expected return of 0.055%. The entity has a beta of 1.26, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, VanEck Mortgage will likely underperform.
Auto-correlation | -0.51 |