Vaneck Digital Transformation Etf Price on April 3, 2024
| DAPP Etf | USD 15.36 1.19 7.19% |
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. As of today, the current price of VanEck Digital stands at 15.36, as last reported on the 23rd of December, with the highest price reaching 16.75 and the lowest price hitting 15.36 during the day. VanEck Digital appears to be somewhat reliable, given 3 months investment horizon. VanEck Digital Trans owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the etf had a 0.1% return per unit of risk over the last 3 months. By inspecting VanEck Digital's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please review VanEck Digital's Risk Adjusted Performance of 0.1253, semi deviation of 3.82, and Coefficient Of Variation of 678.07 to confirm if our risk estimates are consistent with your expectations.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VanEck |
Sharpe Ratio = 0.1035
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | DAPP | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.21 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average VanEck Digital is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of VanEck Digital by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 6.5 K |
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VanEck Digital Valuation on April 3, 2024
It is possible to determine the worth of VanEck Digital on a given historical date. On April 3, 2024 VanEck was worth 10.39 at the beginning of the trading date compared to the closed value of 10.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Digital etf. Still, in general, we apply an absolute valuation method to find VanEck Digital's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of VanEck Digital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Digital's related companies.
| Open | High | Low | Close | Volume | |
| 10.82 | 10.82 | 10.24 | 10.41 | 257,600 | |
04/03/2024 | 10.39 | 10.66 | 10.30 | 10.40 | 96,900 |
| 10.76 | 10.98 | 10.36 | 10.39 | 485,400 |
| Backtest VanEck Digital | | | VanEck Digital History | | | VanEck Digital Valuation | Previous | Next |
VanEck Digital Trading Date Momentum on April 3, 2024
| On April 04 2024 VanEck Digital Transformation was traded for 10.39 at the closing time. The top price for the day was 10.98 and the lowest listed price was 10.36 . The trading volume for the day was 485.4 K. The trading history from April 4, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.10% . The trading price change against the current closing price is 9.62% . |
VanEck Digital Trans Fundamentals Correlations and Trends
By evaluating VanEck Digital's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among VanEck Digital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. VanEck financial account trend analysis is a perfect complement when working with valuation or volatility modules.About VanEck Digital Etf history
VanEck Digital investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for VanEck is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in VanEck Digital Trans will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing VanEck Digital stock prices may prove useful in developing a viable investing in VanEck Digital
VanEck Digital Etf Technical Analysis
VanEck Digital 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.
Price Boundaries
VanEck Digital Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
VanEck Digital Transformation cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
VanEck Digital December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Digital etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VanEck Digital shares will generate the highest return on investment. By undertsting and applying VanEck Digital etf market strength indicators, traders can identify VanEck Digital Transformation entry and exit signals to maximize returns
VanEck Digital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Digital's price direction in advance. Along with the technical and fundamental analysis of VanEck Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of VanEck to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1253 | |||
| Jensen Alpha | 0.6605 | |||
| Total Risk Alpha | 0.6001 | |||
| Sortino Ratio | 0.1651 | |||
| Treynor Ratio | 0.1996 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in VanEck Digital Transformation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of VanEck Digital Trans 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 Digital's value that differs from its market value or its book value, called intrinsic value, which is VanEck Digital'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 Digital's market value can be influenced by many factors that don't directly affect VanEck Digital'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 Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Digital'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.