Vaneck Cmci Commodity Etf Profile
| CMCI Etf | USD 24.97 0.05 0.20% |
Performance2 of 100
| Odds Of DistressLess than 9
|
VanEck CMCI is trading at 24.97 as of the 28th of November 2024. This is a 0.2 percent decrease since the beginning of the trading day. The etf's open price was 25.02. VanEck CMCI has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for VanEck CMCI Commodity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
China Modern Agricultural Information, Inc. produces and distributes raw fresh milk to manufacturing and distribution companies of dairy products in China. It is also involved in the processing and sale of organic fertilizers and assisting farmers with their fresh milk sale efforts. The company has 53.1 M outstanding shares. More on VanEck CMCI Commodity
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VanEck Etf Highlights
| CEO Director | Youliang Wang |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Commodities ETFs, Commodities Broad Basket, Food Products, Food, Beverage & Tobacco, Consumer Staples (View all Sectors) |
| Issuer | Van Eck |
| Inception Date | 2023-08-21 |
| Benchmark | UBS Constant Maturity Commodity Total Return Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 2.51 Million |
| Asset Type | Commodities |
| Category | Strategy |
| Focus | Broad Commodities |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Van Eck Associates Corporation |
| Advisor | Van Eck Absolute Return Advisers Corporation |
| Custodian | State Street Bank and Trust Company |
| Distributor | Van Eck Securities Corporation |
| Portfolio Manager | Roland Morris, Gregory Krenzer |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Dec |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 11.0 |
| Market Maker | Jane Street |
| Total Expense | 0.76 |
| Management Fee | 0.65 |
| Country Name | USA |
| Code | CMCI |
| Updated At | 27th of November 2024 |
| Returns Y T D | 4.29 |
| Name | VanEck CMCI Commodity Strategy ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01J1GXTN5 |
| Type | ETF |
| 1y Volatility | 8.38 |
VanEck CMCI Commodity [CMCI] is traded in USA and was established null. The fund is listed under Commodities Broad Basket category and is part of Food Products family. The entity is thematically classified as Strategy ETFs. VanEck CMCI Commodity currently have 245.61 M in assets under management (AUM). with the current yeild of 0.02%, while the total return for the last year was 1.9%.
VanEck CMCI Commodity currently holds about 46.14 M in cash with 47.95 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.87.
Check VanEck CMCI Probability Of Bankruptcy
Top VanEck CMCI Commodity Etf Constituents
| CMCAX | Cm Modity Index | Mutual Fund | Commodities Broad Basket | |
| TRPXX | Short Term Investment Trust | Money Market Fund | US Money Market Fund |
VanEck CMCI Commodity Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck CMCI. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 0.6464 | |||
| Semi Deviation | 0.806 | |||
| Standard Deviation | 0.8296 | |||
| Variance | 0.6883 |
VanEck CMCI Commodity Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. VanEck CMCI Commodity Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe VanEck CMCI price patterns.
VanEck CMCI Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck CMCI Commodity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
The market value of VanEck CMCI Commodity 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 CMCI's value that differs from its market value or its book value, called intrinsic value, which is VanEck CMCI'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 CMCI's market value can be influenced by many factors that don't directly affect VanEck CMCI'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 CMCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck CMCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck CMCI'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.