VanEck Digital Etf Forecast - Daily Balance Of Power
DAPP Etf | USD 15.98 0.24 1.48% |
VanEck Etf Forecast is based on your current time horizon.
VanEck |
Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
(0.83) | 0.6628 |
Check VanEck Digital Volatility | Backtest VanEck Digital | Trend Details |
VanEck Digital Trading Date Momentum
On December 23 2024 VanEck Digital Transformation was traded for 15.24 at the closing time. The top price for the day was 15.90 and the lowest listed price was 15.14 . The trading volume for the day was 509.6 K. The trading history from December 23, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 4.57% . The trading price change against the current closing price is 1.57% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for VanEck Digital
For every potential investor in VanEck, whether a beginner or expert, VanEck Digital's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. VanEck Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in VanEck. Basic forecasting techniques help filter out the noise by identifying VanEck Digital's price trends.VanEck Digital Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with VanEck Digital etf to make a market-neutral strategy. Peer analysis of VanEck Digital could also be used in its relative valuation, which is a method of valuing VanEck Digital by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
VanEck Digital Trans Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of VanEck Digital's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of VanEck Digital's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
VanEck Digital Market Strength Events
Market strength indicators help investors to evaluate how VanEck Digital etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VanEck Digital shares will generate the highest return on investment. By undertsting and applying VanEck Digital etf market strength indicators, traders can identify VanEck Digital Transformation entry and exit signals to maximize returns.
VanEck Digital Risk Indicators
The analysis of VanEck Digital's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in VanEck Digital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vaneck etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 3.94 | |||
Semi Deviation | 3.84 | |||
Standard Deviation | 5.2 | |||
Variance | 27.0 | |||
Downside Variance | 19.11 | |||
Semi Variance | 14.77 | |||
Expected Short fall | (4.50) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with VanEck Digital
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 Digital 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 Digital will appreciate offsetting losses from the drop in the long position's value.Moving together with VanEck Etf
0.95 | GBTC | Grayscale Bitcoin Trust | PairCorr |
0.96 | BITO | ProShares Bitcoin | PairCorr |
0.99 | BLOK | Amplify Transformational | PairCorr |
0.95 | BLCN | Siren Nasdaq NexGen | PairCorr |
Moving against VanEck Etf
0.7 | FNGD | MicroSectors FANG Index | PairCorr |
0.42 | LUX | Tema ETF Trust | PairCorr |
0.31 | IGLD | FT Cboe Vest | PairCorr |
The ability to find closely correlated positions to VanEck Digital 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 Digital 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 Digital - 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 Digital Transformation to buy it.
The correlation of VanEck Digital 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 Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VanEck Digital Trans 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 Digital 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 Historical Fundamental Analysis of VanEck Digital to cross-verify your projections. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
The market value of VanEck Digital Trans 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 Digital's value that differs from its market value or its book value, called intrinsic value, which is VanEck Digital'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 Digital's market value can be influenced by many factors that don't directly affect VanEck Digital'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 Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Digital'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.