VanEck Israel Financials
| ISRA Etf | USD 42.62 0.45 1.04% |
Net Expense Ratio 0.0059 | 3 y Sharp Ratio (0.38) |
VanEck |
The data published in VanEck Israel's official financial statements typically reflect VanEck Israel'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 Israel's quantitative information. For example, before you start analyzing numbers published by VanEck accountants, it's essential to understand VanEck Israel's liquidity, profitability, and earnings quality within the context of the VanEck space in which it operates.
Please note, the presentation of VanEck Israel'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 Israel's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of VanEck Israel's management manipulating its earnings.
VanEck Israel Etf Summary
VanEck Israel competes with Amplify ETF, IShares MSCI, FlexShares International, and VanEck Morningstar. The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Israel is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US92189F6354 |
| CUSIP | 92189F635 57061R676 |
| Region | Middle East & Africa |
| Investment Issuer | Van Eck |
| Etf Family | VanEck |
| Fund Category | Broad Equity |
| Portfolio Concentration | Strategy |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
VanEck Israel Key Financial Ratios
VanEck Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VanEck Israel's current stock value. Our valuation model uses many indicators to compare VanEck Israel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VanEck Israel competition to find correlations between indicators driving VanEck Israel's intrinsic value. More Info.VanEck Israel ETF is considered the top ETF in price to earning as compared to similar ETFs. It is rated fourth overall ETF in price to book as compared to similar ETFs fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for VanEck Israel ETF is roughly 9.75 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the VanEck Israel's earnings, one of the primary drivers of an investment's value.VanEck Israel ETF Systematic Risk
VanEck Israel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. VanEck Israel 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on VanEck Israel ETF correlated with the market. If Beta is less than 0 VanEck Israel generally moves in the opposite direction as compared to the market. If VanEck Israel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VanEck Israel ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VanEck Israel is generally in the same direction as the market. If Beta > 1 VanEck Israel moves generally in the same direction as, but more than the movement of the benchmark.
About VanEck Israel Financials
What exactly are VanEck Israel Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include VanEck Israel's income statement, its balance sheet, and the statement of cash flows. Potential VanEck Israel investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although VanEck Israel investors may use each financial statement separately, they are all related. The changes in VanEck Israel's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on VanEck Israel's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.VanEck Israel Thematic Clasifications
VanEck Israel ETF is part of several thematic ideas from Strategy ETFs to Broad Equity 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 Israel November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of VanEck Israel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of VanEck Israel ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of VanEck Israel 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 Israel's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.15 | |||
| Information Ratio | 0.0251 | |||
| Maximum Drawdown | 4.72 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 1.86 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Israel ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of VanEck Israel ETF 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 Israel's value that differs from its market value or its book value, called intrinsic value, which is VanEck Israel'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 Israel's market value can be influenced by many factors that don't directly affect VanEck Israel'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 Israel's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Israel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Israel'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.