Vaneck Low Carbon Etf Price on November 15, 2024
SMOG Etf | USD 103.39 0.51 0.50% |
Below is the normalized historical share price chart for VanEck Low Carbon extending back to May 09, 2007. 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 Low stands at 103.39, as last reported on the 2nd of December, with the highest price reaching 103.39 and the lowest price hitting 102.80 during the day.
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. At this point, VanEck Low is very steady. VanEck Low Carbon owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0297, which indicates the etf had a 0.0297% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for VanEck Low Carbon, which you can use to evaluate the volatility of the etf. Please validate VanEck Low's Coefficient Of Variation of 4034.87, risk adjusted performance of 0.0234, and Semi Deviation of 1.52 to confirm if the risk estimate we provide is consistent with the expected return of 0.0408%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 27.03 | 200 Day MA 101.2164 | 1 y Volatility 25.94 | 50 Day MA 105.2812 | Inception Date 2007-05-03 |
VanEck |
Sharpe Ratio = 0.0297
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | SMOG |
Estimated Market Risk
1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average VanEck Low is performing at about 2% of its full potential. 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 Low by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 32.3 K |
VanEck Low Valuation on November 15, 2024
It is possible to determine the worth of VanEck Low on a given historical date. On November 15, 2024 VanEck was worth 99.46 at the beginning of the trading date compared to the closed value of 99.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Low etf. Still, in general, we apply an absolute valuation method to find VanEck Low'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 Low where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Low's related companies.
Open | High | Low | Close | Volume | |
100.00 | 100.39 | 99.11 | 99.11 | 3,200 | |
11/15/2024 | 99.46 | 99.88 | 99.16 | 99.76 | 2,000 |
99.98 | 100.99 | 99.98 | 100.50 | 3,358 |
Backtest VanEck Low | | | VanEck Low History | | | VanEck Low Valuation | Previous | Next |
VanEck Low Trading Date Momentum on November 15, 2024
On November 18 2024 VanEck Low Carbon was traded for 100.50 at the closing time. The top price for the day was 100.99 and the lowest listed price was 99.98 . The trading volume for the day was 3.4 K. The trading history from November 18, 2024 was a factor to the next trading day price rise. The trading price change against the next closing price was 0.74% . The trading price change against the current closing price is 2.30% . |
VanEck Low Carbon Fundamentals Correlations and Trends
By evaluating VanEck Low'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 Low'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 Low Etf history
VanEck Low 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 Low Carbon 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 Low stock prices may prove useful in developing a viable investing in VanEck Low
VanEck Low Etf Technical Analysis
VanEck Low 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 Low Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
VanEck Low Carbon 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 Low December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Low 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 Low shares will generate the highest return on investment. By undertsting and applying VanEck Low etf market strength indicators, traders can identify VanEck Low Carbon entry and exit signals to maximize returns
VanEck Low Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Low'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 | 0.0234 | |||
Jensen Alpha | 0.0116 | |||
Total Risk Alpha | (0.20) | |||
Sortino Ratio | (0.07) | |||
Treynor Ratio | 0.247 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VanEck Low Carbon. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of VanEck Low Carbon 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 Low's value that differs from its market value or its book value, called intrinsic value, which is VanEck Low'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 Low's market value can be influenced by many factors that don't directly affect VanEck Low'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 Low's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Low is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Low'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.