VanEck Defense (Germany) Price on November 7, 2024
| DFEN Etf | 34.60 0.13 0.38% |
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 Defense stands at 34.60, as last reported on the 22nd of December, with the highest price reaching 34.60 and the lowest price hitting 33.47 during the day. At this point, VanEck Defense is very steady. VanEck Defense ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the etf had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for VanEck Defense ETF, which you can use to evaluate the volatility of the etf. Please validate VanEck Defense's Risk Adjusted Performance of 0.1125, coefficient of variation of 734.15, and Semi Deviation of 1.45 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VanEck |
Sharpe Ratio = 0.1213
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Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average VanEck Defense is performing at about 9% 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 Defense by adding it to a well-diversified portfolio.
VanEck Defense Valuation on November 7, 2024
It is possible to determine the worth of VanEck Defense on a given historical date. On November 7, 2024 VanEck was worth 35.98 at the beginning of the trading date compared to the closed value of 36.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Defense etf. Still, in general, we apply an absolute valuation method to find VanEck Defense'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 Defense where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Defense's related companies.
| Open | High | Low | Close | Volume | |
| 36.03 | 36.24 | 35.60 | 35.85 | 223,120 | |
11/07/2024 | 35.98 | 36.30 | 35.85 | 36.16 | 223,947 |
| 36.24 | 36.87 | 36.01 | 36.87 | 183,917 |
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VanEck Defense Trading Date Momentum on November 7, 2024
| On November 08 2024 VanEck Defense ETF was traded for 36.87 at the closing time. The highest price during the trading period was 36.87 and the lowest recorded bid was listed for 36.01 . The volume for the day was 183.9 K. This history from November 8, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 1.96% . The trading price change to the current price is 2.16% . |
Price Boundaries
VanEck Defense Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
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VanEck Defense December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Defense 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 Defense shares will generate the highest return on investment. By undertsting and applying VanEck Defense etf market strength indicators, traders can identify VanEck Defense ETF entry and exit signals to maximize returns
VanEck Defense Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Defense'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.