VanEck Defense Financials
| DFEN Etf | 34.60 0.13 0.38% |
VanEck |
The data published in VanEck Defense's official financial statements typically reflect VanEck Defense's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving VanEck Defense's quantitative information. For example, before you start analyzing numbers published by VanEck accountants, it's essential to understand VanEck Defense's liquidity, profitability, and earnings quality within the context of the VanEck space in which it operates.
Please note, the presentation of VanEck Defense's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, VanEck Defense's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of VanEck Defense's management manipulating its earnings.
VanEck Defense December 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of VanEck Defense help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of VanEck Defense ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of VanEck Defense ETF based on widely used predictive technical indicators. In general, we focus on analyzing VanEck Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build VanEck Defense's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.114 | |||
| Maximum Drawdown | 9.19 | |||
| Value At Risk | (2.54) | |||
| Potential Upside | 2.93 |