VanEck Junior Financials
| GDXJ Etf | USD 48.66 0.28 0.58% |
Net Expense Ratio 0.0052 | 3 y Sharp Ratio 0.19 |
VanEck |
The data published in VanEck Junior's official financial statements typically reflect VanEck Junior'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 Junior's quantitative information. For example, before you start analyzing numbers published by VanEck accountants, it's essential to understand VanEck Junior's liquidity, profitability, and earnings quality within the context of the VanEck space in which it operates.
VanEck Junior Etf Summary
VanEck Junior competes with VanEck Gold, Global X, Amplify ETF, Pan American, and Franco Nevada. The fund normally invests at least 80 percent of its total assets in securities that comprise the index. Vaneck Junior is traded on NYSEARCA Exchange in the United States.VanEck Junior Key Financial Ratios
VanEck Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VanEck Junior's current stock value. Our valuation model uses many indicators to compare VanEck Junior value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VanEck Junior competition to find correlations between indicators driving VanEck Junior's intrinsic value. More Info.VanEck Junior Gold is rated below average in price to earning as compared to similar ETFs. It is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.06 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for VanEck Junior Gold is roughly 15.88 . Comparative valuation analysis is a catch-all technique that is used if you cannot value VanEck Junior by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.VanEck Junior Gold Systematic Risk
VanEck Junior's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. VanEck Junior volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was sixty with a total number of output elements of one. The Beta measures systematic risk based on how returns on VanEck Junior Gold correlated with the market. If Beta is less than 0 VanEck Junior generally moves in the opposite direction as compared to the market. If VanEck Junior Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VanEck Junior Gold is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VanEck Junior is generally in the same direction as the market. If Beta > 1 VanEck Junior moves generally in the same direction as, but more than the movement of the benchmark.
VanEck Junior Thematic Clasifications
VanEck Junior Gold is part of several thematic ideas from Materials ETFs to Sector ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasVanEck Junior March 4, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of VanEck Junior help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of VanEck Junior Gold. We use our internally-developed statistical techniques to arrive at the intrinsic value of VanEck Junior Gold 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 Junior's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.26 | |||
| Information Ratio | 0.0557 | |||
| Maximum Drawdown | 9.27 | |||
| Value At Risk | (4.04) | |||
| Potential Upside | 3.45 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Junior Gold. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of VanEck Junior Gold 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 Junior's value that differs from its market value or its book value, called intrinsic value, which is VanEck Junior'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 Junior's market value can be influenced by many factors that don't directly affect VanEck Junior'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 Junior's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Junior is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Junior'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.