Vaneck Energy Income Etf Price on July 3, 2024
EINC Etf | USD 92.93 0.83 0.89% |
Below is the normalized historical share price chart for VanEck Energy Income extending back to March 14, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of VanEck Energy stands at 92.93, as last reported on the 29th of December, with the highest price reaching 93.70 and the lowest price hitting 92.70 during the day.
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. At this point, VanEck Energy is very steady. VanEck Energy Income owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the etf had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for VanEck Energy Income, which you can use to evaluate the volatility of the etf. Please validate VanEck Energy's Coefficient Of Variation of 892.68, semi deviation of 1.13, and Risk Adjusted Performance of 0.0926 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 19.31 | 200 Day MA 83.28 | 1 y Volatility 13.74 | 50 Day MA 93.7828 | Inception Date 2012-03-12 |
VanEck |
Sharpe Ratio = 0.1365
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Estimated Market Risk
1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average VanEck Energy is performing at about 10% 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 Energy by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 27 K |
VanEck Energy Main Headline on 3rd of July 2024
First Trust Global Risk Managed Inc ETF Quote - Press Releas... by news.google.com
First Trust Global Risk Managed Inc ETF Quote - Press Release The Globe and Mail
VanEck Energy Valuation on July 3, 2024
It is possible to determine the worth of VanEck Energy on a given historical date. On July 3, 2024 VanEck was worth 78.95 at the beginning of the trading date compared to the closed value of 79.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Energy etf. Still, in general, we apply an absolute valuation method to find VanEck Energy'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 Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Energy's related companies.
Open | High | Low | Close | Volume | |
78.69 | 78.72 | 78.25 | 78.51 | 1,600 | |
07/03/2024 | 78.95 | 79.62 | 78.95 | 79.22 | 3,300 |
79.67 | 79.67 | 78.21 | 78.71 | 17,100 |
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VanEck Energy Trading Date Momentum on July 3, 2024
On July 05 2024 VanEck Energy Income was traded for 78.71 at the closing time. The top price for the day was 79.67 and the lowest listed price was 78.21 . The trading volume for the day was 17.1 K. The trading history from July 5, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.64% . The trading price change against the current closing price is 1.17% . |
VanEck Energy Income Fundamentals Correlations and Trends
By evaluating VanEck Energy'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 Energy'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 Energy Etf history
VanEck Energy 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 Energy Income 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 Energy stock prices may prove useful in developing a viable investing in VanEck Energy
VanEck Energy Etf Technical Analysis
VanEck Energy 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 Energy Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
VanEck Energy Income cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 Energy December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Energy 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 Energy shares will generate the highest return on investment. By undertsting and applying VanEck Energy etf market strength indicators, traders can identify VanEck Energy Income entry and exit signals to maximize returns
VanEck Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Energy'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 | 0.0926 | |||
Jensen Alpha | 0.1122 | |||
Total Risk Alpha | 0.0894 | |||
Sortino Ratio | 0.0801 | |||
Treynor Ratio | 0.2692 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in VanEck Energy Income. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of VanEck Energy Income 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 Energy's value that differs from its market value or its book value, called intrinsic value, which is VanEck Energy'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 Energy's market value can be influenced by many factors that don't directly affect VanEck Energy'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 Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Energy'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.