Vaneck Natural Resources Etf Price on October 4, 2024
| HAP Etf | USD 46.34 1.50 3.14% |
Below is the normalized historical share price chart for VanEck Natural Resources extending back to September 03, 2008. 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 Natural stands at 46.34, as last reported on the 18th of December 2024, with the highest price reaching 47.70 and the lowest price hitting 46.34 during the day.
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. VanEck Natural Resources 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. VanEck Natural Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck Natural's Coefficient Of Variation of (975.26), variance of 0.6715, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 19.53 | 200 Day MA 50.7764 | 1 y Volatility 12.47 | 50 Day MA 50.8068 | Inception Date 2008-08-29 |
VanEck |
Sharpe Ratio = -0.1439
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| Negative Returns | HAP |
Estimated Market Risk
| 0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VanEck Natural is not performing at its full potential. However, 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 Natural by adding VanEck Natural to a well-diversified portfolio.
Average Mkt Cap Mil 53 K |
VanEck Natural Valuation on October 4, 2024
It is possible to determine the worth of VanEck Natural on a given historical date. On October 4, 2024 VanEck was worth 53.05 at the beginning of the trading date compared to the closed value of 53.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Natural etf. Still, in general, we apply an absolute valuation method to find VanEck Natural'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 Natural where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Natural's related companies.
| Open | High | Low | Close | Volume | |
| 52.69 | 52.86 | 52.69 | 52.85 | 3,300 | |
10/04/2024 | 53.05 | 53.09 | 52.92 | 53.02 | 4,400 |
| 52.98 | 53.07 | 52.89 | 52.92 | 2,204 |
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VanEck Natural Trading Date Momentum on October 4, 2024
| On October 07 2024 VanEck Natural Resources was traded for 52.92 at the closing time. Highest VanEck Natural's price during the trading hours was 53.07 and the lowest price during the day was 52.89 . The net volume was 2.2 K. The overall trading history on the 7th of October contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.19% . The trading price change to current price is 1.83% . |
VanEck Natural Resources Fundamentals Correlations and Trends
By evaluating VanEck Natural'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 Natural'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 Natural Etf history
VanEck Natural 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 Natural Resources 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 Natural stock prices may prove useful in developing a viable investing in VanEck Natural
VanEck Natural Etf Technical Analysis
VanEck Natural 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 Natural Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
VanEck Natural Resources 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 Natural December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Natural 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 Natural shares will generate the highest return on investment. By undertsting and applying VanEck Natural etf market strength indicators, traders can identify VanEck Natural Resources entry and exit signals to maximize returns
VanEck Natural Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Natural'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 | (0.07) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.36) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Natural Resources. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of VanEck Natural Resources 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 Natural's value that differs from its market value or its book value, called intrinsic value, which is VanEck Natural'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 Natural's market value can be influenced by many factors that don't directly affect VanEck Natural'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 Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Natural'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.