Vaneck Bdc Income Etf Market Value
| BIZD Etf | USD 16.72 0.14 0.84% |
| Symbol | VanEck |
The market value of VanEck BDC Income 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 BDC's value that differs from its market value or its book value, called intrinsic value, which is VanEck BDC'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 BDC's market value can be influenced by many factors that don't directly affect VanEck BDC'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 BDC's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck BDC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck BDC'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.
VanEck BDC 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to VanEck BDC's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of VanEck BDC.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in VanEck BDC on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding VanEck BDC Income or generate 0.0% return on investment in VanEck BDC over 30 days. VanEck BDC is related to or competes with Virtus InfraCap, VanEck Mortgage, XAI Octagon, Amplify High, and Triplepoint Venture. The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index More
VanEck BDC Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure VanEck BDC's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess VanEck BDC Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6253 | |||
| Information Ratio | 0.0479 | |||
| Maximum Drawdown | 3.51 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 1.0 |
VanEck BDC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck BDC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VanEck BDC's standard deviation. In reality, there are many statistical measures that can use VanEck BDC historical prices to predict the future VanEck BDC's volatility.| Risk Adjusted Performance | 0.0756 | |||
| Jensen Alpha | 0.0502 | |||
| Total Risk Alpha | 0.0348 | |||
| Sortino Ratio | 0.0486 | |||
| Treynor Ratio | 0.4875 |
VanEck BDC Income Backtested Returns
At this point, VanEck BDC is very steady. VanEck BDC Income owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0821, which indicates the etf had a 0.0821% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for VanEck BDC Income, which you can use to evaluate the volatility of the etf. Please validate VanEck BDC's Coefficient Of Variation of 1014.33, semi deviation of 0.49, and Risk Adjusted Performance of 0.0756 to confirm if the risk estimate we provide is consistent with the expected return of 0.0517%. The entity has a beta of 0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, VanEck BDC's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck BDC is expected to be smaller as well.
Auto-correlation | -0.48 |
Modest reverse predictability
VanEck BDC Income has modest reverse predictability. Overlapping area represents the amount of predictability between VanEck BDC time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of VanEck BDC Income price movement. The serial correlation of -0.48 indicates that about 48.0% of current VanEck BDC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
VanEck BDC Income lagged returns against current returns
Autocorrelation, which is VanEck BDC etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting VanEck BDC's etf expected returns. We can calculate the autocorrelation of VanEck BDC returns to help us make a trade decision. For example, suppose you find that VanEck BDC has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
VanEck BDC regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If VanEck BDC etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VanEck BDC etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VanEck BDC etf over time.
Current vs Lagged Prices |
| Timeline |
VanEck BDC Lagged Returns
When evaluating VanEck BDC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VanEck BDC etf have on its future price. VanEck BDC autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, VanEck BDC autocorrelation shows the relationship between VanEck BDC etf current value and its past values and can show if there is a momentum factor associated with investing in VanEck BDC Income.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether VanEck BDC Income is a strong investment it is important to analyze VanEck BDC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VanEck BDC's future performance. For an informed investment choice regarding VanEck Etf, refer to the following important reports:Check out VanEck BDC Correlation, VanEck BDC Volatility and VanEck BDC Alpha and Beta module to complement your research on VanEck BDC. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
VanEck BDC 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.