VanEck Smart (Germany) Price on April 15, 2024
| VSMA Etf | 11.29 0.07 0.62% |
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. As of today, the current price of VanEck Smart stands at 11.29, as last reported on the 28th of December, with the highest price reaching 11.72 and the lowest price hitting 11.24 during the day. VanEck Smart appears to be slightly risky, given 3 months investment horizon. VanEck Smart Contract owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the etf had a 0.16% return per unit of risk over the last 3 months. By inspecting VanEck Smart's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please review VanEck Smart's Risk Adjusted Performance of 0.1367, semi deviation of 3.38, and Coefficient Of Variation of 620.77 to confirm if our risk estimates are consistent with your expectations.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VanEck |
Sharpe Ratio = 0.1556
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Estimated Market Risk
| 4.6 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average VanEck Smart is performing at about 12% 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 Smart by adding it to a well-diversified portfolio.
VanEck Smart Valuation on April 15, 2024
It is possible to determine the worth of VanEck Smart on a given historical date. On April 15, 2024 VanEck was worth 9.21 at the beginning of the trading date compared to the closed value of 8.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Smart etf. Still, in general, we apply an absolute valuation method to find VanEck Smart'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 Smart where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Smart's related companies.
| Open | High | Low | Close | Volume | |
| 10.49 | 10.49 | 10.15 | 10.15 | 1,029 | |
04/15/2024 | 9.21 | 9.28 | 8.80 | 8.80 | 8,463 |
| 8.55 | 8.60 | 8.29 | 8.29 | 450.00 |
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VanEck Smart Trading Date Momentum on April 15, 2024
| On April 16 2024 VanEck Smart Contract was traded for 8.29 at the closing time. The highest price during the trading period was 8.60 and the lowest recorded bid was listed for 8.29 . The volume for the day was 450. This history from April 16, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 5.80% . The trading price change to the current price is 1.36% . |
Price Boundaries
VanEck Smart Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
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VanEck Smart December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Smart 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 Smart shares will generate the highest return on investment. By undertsting and applying VanEck Smart etf market strength indicators, traders can identify VanEck Smart Contract entry and exit signals to maximize returns
VanEck Smart Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Smart'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.