Vaneck Short High Etf Market Value
| SHYD Etf | USD 22.59 0.01 0.04% |
| Symbol | VanEck |
The market value of VanEck Short High 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 Short's value that differs from its market value or its book value, called intrinsic value, which is VanEck Short'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 Short's market value can be influenced by many factors that don't directly affect VanEck Short'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 Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Short'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 Short '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 Short'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 Short.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in VanEck Short on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding VanEck Short High or generate 0.0% return on investment in VanEck Short over 30 days. VanEck Short is related to or competes with BlackRock Intermediate, IShares IBonds, and IShares Short. The fund normally invests at least 80 percent of its total assets in securities that comprise the benchmark index More
VanEck Short 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 Short'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 Short High upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3361 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 1.24 | |||
| Value At Risk | (0.44) | |||
| Potential Upside | 0.4882 |
VanEck Short Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VanEck Short's standard deviation. In reality, there are many statistical measures that can use VanEck Short historical prices to predict the future VanEck Short's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 1.14 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of VanEck Short's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
VanEck Short High Backtested Returns
At this point, VanEck Short is very steady. VanEck Short High owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0139, which indicates the etf had a 0.0139% return per unit of risk over the last 3 months. We have found thirty technical indicators for VanEck Short High, which you can use to evaluate the volatility of the etf. Please validate VanEck Short's Semi Deviation of 0.2992, coefficient of variation of 6430.33, and Risk Adjusted Performance of (0.01) to confirm if the risk estimate we provide is consistent with the expected return of 0.0039%. The entity has a beta of -0.0049, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning VanEck Short are expected to decrease at a much lower rate. During the bear market, VanEck Short is likely to outperform the market.
Auto-correlation | -0.37 |
Poor reverse predictability
VanEck Short High has poor reverse predictability. Overlapping area represents the amount of predictability between VanEck Short time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 Short High price movement. The serial correlation of -0.37 indicates that just about 37.0% of current VanEck Short price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
VanEck Short High lagged returns against current returns
Autocorrelation, which is VanEck Short 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 Short's etf expected returns. We can calculate the autocorrelation of VanEck Short returns to help us make a trade decision. For example, suppose you find that VanEck Short 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 Short 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 Short etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VanEck Short etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VanEck Short etf over time.
Current vs Lagged Prices |
| Timeline |
VanEck Short Lagged Returns
When evaluating VanEck Short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VanEck Short etf have on its future price. VanEck Short 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 Short autocorrelation shows the relationship between VanEck Short etf current value and its past values and can show if there is a momentum factor associated with investing in VanEck Short High.
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 Short High is a strong investment it is important to analyze VanEck Short'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 Short's future performance. For an informed investment choice regarding VanEck Etf, refer to the following important reports:Check out VanEck Short Correlation, VanEck Short Volatility and VanEck Short Alpha and Beta module to complement your research on VanEck Short. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
VanEck Short 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.