Vaneck Intermediate Muni Etf Price on October 2, 2024
ITM Etf | USD 46.39 0.12 0.26% |
Below is the normalized historical share price chart for VanEck Intermediate Muni extending back to December 06, 2007. 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 Intermediate stands at 46.39, as last reported on the 14th of December 2024, with the highest price reaching 46.51 and the lowest price hitting 46.31 during the day.
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. VanEck Intermediate Muni owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0216, which indicates the etf had a -0.0216% return per unit of risk over the last 3 months. VanEck Intermediate Muni exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck Intermediate's Risk Adjusted Performance of (0.02), coefficient of variation of (12,266), and Variance of 0.0754 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 7.85 | 200 Day MA 46.2739 | 1 y Volatility 4.22 | 50 Day MA 46.3634 | Inception Date 2007-12-04 |
VanEck |
Sharpe Ratio = -0.0216
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Estimated Market Risk
0.28 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VanEck Intermediate 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 Intermediate by adding VanEck Intermediate to a well-diversified portfolio.
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VanEck Intermediate Valuation on October 2, 2024
It is possible to determine the worth of VanEck Intermediate on a given historical date. On October 2, 2024 VanEck was worth 46.7 at the beginning of the trading date compared to the closed value of 46.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Intermediate etf. Still, in general, we apply an absolute valuation method to find VanEck Intermediate'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 Intermediate where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Intermediate's related companies.
Open | High | Low | Close | Volume | |
46.70 | 46.80 | 46.70 | 46.76 | 228,573 | |
10/02/2024 | 46.70 | 46.75 | 46.69 | 46.74 | 155,644 |
46.75 | 46.75 | 46.68 | 46.71 | 85,772 |
Backtest VanEck Intermediate | | | VanEck Intermediate History | | | VanEck Intermediate Valuation | Previous | Next |
VanEck Intermediate Trading Date Momentum on October 2, 2024
On October 03 2024 VanEck Intermediate Muni was traded for 46.71 at the closing time. Highest VanEck Intermediate's price during the trading hours was 46.75 and the lowest price during the day was 46.68 . The net volume was 85.8 K. The overall trading history on the 3rd of October contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.06% . The trading price change to current price is 0.94% . |
VanEck Intermediate Muni Fundamentals Correlations and Trends
By evaluating VanEck Intermediate'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 Intermediate'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 Intermediate Etf history
VanEck Intermediate 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 Intermediate Muni 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 Intermediate stock prices may prove useful in developing a viable investing in VanEck Intermediate
VanEck Intermediate Etf Technical Analysis
VanEck Intermediate 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 Intermediate Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
VanEck Intermediate Muni cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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 Intermediate December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Intermediate 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 Intermediate shares will generate the highest return on investment. By undertsting and applying VanEck Intermediate etf market strength indicators, traders can identify VanEck Intermediate Muni entry and exit signals to maximize returns
VanEck Intermediate Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Intermediate'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 | (0.02) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.05) | |||
Treynor Ratio | (0.14) |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Intermediate Muni. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of VanEck Intermediate Muni 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 Intermediate's value that differs from its market value or its book value, called intrinsic value, which is VanEck Intermediate'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 Intermediate's market value can be influenced by many factors that don't directly affect VanEck Intermediate'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 Intermediate's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Intermediate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Intermediate'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.