VanEck FTSE (Australia) Price on November 8, 2024
IFRA Etf | 21.55 0.03 0.14% |
Below is the normalized historical share price chart for VanEck FTSE Global extending back to April 29, 2016. 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 FTSE stands at 21.55, as last reported on the 26th of December, with the highest price reaching 21.66 and the lowest price hitting 21.50 during the day.
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. VanEck FTSE Global owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0449, which indicates the etf had a -0.0449% return per unit of risk over the last 3 months. VanEck FTSE Global exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck FTSE's Risk Adjusted Performance of (0.05), coefficient of variation of (1,784), and Variance of 0.5354 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.
200 Day MA 21.1134 | 50 Day MA 22.1428 | Inception Date 2016-04-29 | Beta 1 |
VanEck |
Sharpe Ratio = -0.0449
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Estimated Market Risk
0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VanEck FTSE 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 FTSE by adding VanEck FTSE to a well-diversified portfolio.
Average Mkt Cap Mil AUDÂ 35377 |
VanEck FTSE Valuation on November 8, 2024
It is possible to determine the worth of VanEck FTSE on a given historical date. On November 8, 2024 VanEck was worth 23.08 at the beginning of the trading date compared to the closed value of 21.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck FTSE etf. Still, in general, we apply an absolute valuation method to find VanEck FTSE'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 FTSE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck FTSE's related companies.
Open | High | Low | Close | Volume | |
22.00 | 22.04 | 21.93 | 21.99 | 143,618 | |
11/08/2024 | 23.08 | 23.08 | 21.94 | 21.94 | 87,035 |
22.05 | 22.19 | 22.05 | 22.11 | 81,412 |
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VanEck FTSE Trading Date Momentum on November 8, 2024
On November 11 2024 VanEck FTSE Global was traded for 22.11 at the closing time. The highest price during the trading period was 22.19 and the lowest recorded bid was listed for 22.05 . The volume for the day was 81.4 K. This history from November 11, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.77% . The trading price change to the current price is 3.01% . |
VanEck FTSE Global Fundamentals Correlations and Trends
By evaluating VanEck FTSE'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 FTSE'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 FTSE Etf history
VanEck FTSE 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 FTSE Global 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 FTSE stock prices may prove useful in developing a viable investing in VanEck FTSE
VanEck FTSE Etf Technical Analysis
VanEck FTSE 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 FTSE Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
VanEck FTSE Global cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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 FTSE December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck FTSE 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 FTSE shares will generate the highest return on investment. By undertsting and applying VanEck FTSE etf market strength indicators, traders can identify VanEck FTSE Global entry and exit signals to maximize returns
VanEck FTSE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck FTSE'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 | (0.05) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | (0.20) |
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Other Information on Investing in VanEck Etf
VanEck FTSE financial ratios help investors to determine whether VanEck Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in VanEck with respect to the benefits of owning VanEck FTSE security.