Vaneck Gold Miners Etf Price on October 11, 2024

GDX Etf  USD 36.65  1.01  2.68%   
Below is the normalized historical share price chart for VanEck Gold Miners extending back to May 22, 2006. 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 Gold stands at 36.65, as last reported on the 14th of December 2024, with the highest price reaching 37.38 and the lowest price hitting 36.49 during the day.
3 y Volatility
32.07
200 Day MA
36.2033
1 y Volatility
28.62
50 Day MA
39.1788
Inception Date
2006-05-16
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. VanEck Gold Miners owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0578, which indicates the etf had a -0.0578% return per unit of risk over the last 3 months. VanEck Gold Miners exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck Gold's Coefficient Of Variation of (2,340), risk adjusted performance of (0.02), and Variance of 3.81 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.

Sharpe Ratio = -0.0578

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Estimated Market Risk

 1.96
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average VanEck Gold 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 Gold by adding VanEck Gold to a well-diversified portfolio.
Average Mkt Cap Mil
12.3 K

VanEck Gold Valuation on October 11, 2024

It is possible to determine the worth of VanEck Gold on a given historical date. On October 11, 2024 VanEck was worth 40.03 at the beginning of the trading date compared to the closed value of 40.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Gold etf. Still, in general, we apply an absolute valuation method to find VanEck Gold'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 Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Gold's related companies.
 Open High Low Close Volume
  38.99    39.89    38.77    39.87    22,969,695  
10/11/2024
  40.03    40.46    39.99    40.05    12,060,072  
  39.93    40.31    39.68    40.16    7,449,450  
Backtest VanEck Gold  |  VanEck Gold History  |  VanEck Gold Valuation   PreviousNext  
Open Value
40.03
40.05
Closing Value
45.91
Upside

VanEck Gold Trading Date Momentum on October 11, 2024

On October 14 2024 VanEck Gold Miners was traded for  40.16  at the closing time. Highest VanEck Gold's price during the trading hours was 40.31  and the lowest price during the day was  39.68 . The net volume was 7.4 M. The overall trading history on the 14th of October 2024 contributed to the next trading period price jump. The overall trading delta to the next next day price was 0.27% . The trading price change to current price is 9.24% .

VanEck Gold Miners Fundamentals Correlations and Trends

By evaluating VanEck Gold'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 Gold'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 Gold Etf history

VanEck Gold 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 Gold Miners 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 Gold stock prices may prove useful in developing a viable investing in VanEck Gold
The fund normally invests at least 80 percent of its total assets in common stocks and depositary receipts of companies involved in the gold mining industry. Vaneck Gold is traded on NYSEARCA Exchange in the United States.

VanEck Gold Etf Technical Analysis

VanEck Gold 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.
A focus of VanEck Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of VanEck Gold 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...

Price Boundaries

VanEck Gold Period Price Range

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

VanEck Gold Miners cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 Gold December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how VanEck Gold 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 Gold shares will generate the highest return on investment. By undertsting and applying VanEck Gold etf market strength indicators, traders can identify VanEck Gold Miners entry and exit signals to maximize returns

VanEck Gold Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for VanEck Gold'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.
When determining whether VanEck Gold Miners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vaneck Gold Miners Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Gold Miners Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Gold Miners. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of VanEck Gold Miners 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 Gold's value that differs from its market value or its book value, called intrinsic value, which is VanEck Gold'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 Gold's market value can be influenced by many factors that don't directly affect VanEck Gold'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 Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Gold'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.