Vaneck Biotech Etf Price on July 25, 2024
| BBH Etf | USD 166.11 1.44 0.86% |
Below is the normalized historical share price chart for VanEck Biotech ETF extending back to November 23, 1999. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of VanEck Biotech stands at 166.11, as last reported on the 11th of December 2024, with the highest price reaching 167.79 and the lowest price hitting 165.94 during the day.
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. VanEck Biotech ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the etf had a -0.11% return per unit of risk over the last 3 months. VanEck Biotech ETF exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck Biotech's Coefficient Of Variation of (1,180), risk adjusted performance of (0.06), and Variance of 1.09 to confirm the risk estimate we provide.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 18.83 | 200 Day MA 169.9744 | 1 y Volatility 15.95 | 50 Day MA 170.8768 | Inception Date 2011-12-20 |
VanEck |
Sharpe Ratio = -0.1109
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| Negative Returns | BBH |
Estimated Market Risk
| 1.06 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VanEck Biotech is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of VanEck Biotech by adding VanEck Biotech to a well-diversified portfolio.
Average Mkt Cap Mil 43.8 K |
VanEck Biotech Valuation on July 25, 2024
It is possible to determine the worth of VanEck Biotech on a given historical date. On July 25, 2024 VanEck was worth 177.81 at the beginning of the trading date compared to the closed value of 177.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Biotech etf. Still, in general, we apply an absolute valuation method to find VanEck Biotech's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of VanEck Biotech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Biotech's related companies.
| Open | High | Low | Close | Volume | |
| 176.75 | 177.88 | 176.63 | 177.26 | 2,367 | |
07/25/2024 | 177.81 | 180.90 | 177.77 | 177.77 | 10,171 |
| 178.83 | 179.83 | 178.83 | 179.06 | 4,234 |
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VanEck Biotech Trading Date Momentum on July 25, 2024
| On July 26 2024 VanEck Biotech ETF was traded for 179.06 at the closing time. Highest VanEck Biotech's price during the trading hours was 179.83 and the lowest price during the day was 178.83 . The net volume was 4.2 K. The overall trading history on the 26th of July contributed to the next trading period price growth. The overall trading delta to the next next day price was 0.73% . The trading price change to current price is 2.57% . |
VanEck Biotech ETF Fundamentals Correlations and Trends
By evaluating VanEck Biotech's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among VanEck Biotech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. VanEck financial account trend analysis is a perfect complement when working with valuation or volatility modules.About VanEck Biotech Etf history
VanEck Biotech investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for VanEck is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in VanEck Biotech ETF will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing VanEck Biotech stock prices may prove useful in developing a viable investing in VanEck Biotech
VanEck Biotech Etf Technical Analysis
VanEck Biotech 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, etf market cycles, or different charting patterns.
Price Boundaries
VanEck Biotech Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
VanEck Biotech ETF cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
VanEck Biotech December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Biotech 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 Biotech shares will generate the highest return on investment. By undertsting and applying VanEck Biotech etf market strength indicators, traders can identify VanEck Biotech ETF entry and exit signals to maximize returns
VanEck Biotech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Biotech's price direction in advance. Along with the technical and fundamental analysis of VanEck Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of VanEck to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.14) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck Biotech ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of VanEck Biotech ETF 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 Biotech's value that differs from its market value or its book value, called intrinsic value, which is VanEck Biotech'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 Biotech's market value can be influenced by many factors that don't directly affect VanEck Biotech'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 Biotech's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Biotech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Biotech'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.