Vaneck Agribusiness Etf Price on March 1, 2024
| MOO Etf | USD 64.74 0.24 0.37% |
Below is the normalized historical share price chart for VanEck Agribusiness ETF extending back to September 05, 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 Agribusiness stands at 64.74, as last reported on the 27th of December, with the highest price reaching 64.74 and the lowest price hitting 64.74 during the day.
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. VanEck Agribusiness ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.23, which indicates the etf had a -0.23% return per unit of risk over the last 3 months. VanEck Agribusiness ETF exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck Agribusiness' Variance of 0.7403, coefficient of variation of (579.43), and Risk Adjusted Performance of (0.14) 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 20.35 | 200 Day MA 71.9872 | 1 y Volatility 14.68 | 50 Day MA 70.8158 | Inception Date 2007-08-31 |
VanEck |
Sharpe Ratio = -0.2322
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| Negative Returns | MOO |
Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VanEck Agribusiness 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 Agribusiness by adding VanEck Agribusiness to a well-diversified portfolio.
Average Mkt Cap Mil 16.9 K |
VanEck Agribusiness Valuation on March 1, 2024
It is possible to determine the worth of VanEck Agribusiness on a given historical date. On March 1, 2024 VanEck was worth 70.45 at the beginning of the trading date compared to the closed value of 70.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Agribusiness etf. Still, in general, we apply an absolute valuation method to find VanEck Agribusiness' 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 Agribusiness where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Agribusiness' related companies.
| Open | High | Low | Close | Volume | |
| 70.14 | 70.37 | 69.84 | 70.19 | 82,712 | |
03/01/2024 | 70.45 | 70.69 | 69.95 | 70.44 | 93,237 |
| 70.24 | 70.24 | 69.55 | 69.62 | 67,252 |
| Backtest VanEck Agribusiness | | | VanEck Agribusiness History | | | VanEck Agribusiness Valuation | Previous | Next |
VanEck Agribusiness Trading Date Momentum on March 1, 2024
| On March 04 2024 VanEck Agribusiness ETF was traded for 69.62 at the closing time. Highest VanEck Agribusiness's price during the trading hours was 70.24 and the lowest price during the day was 69.55 . The net volume was 67.3 K. The overall trading history on the 4th of March contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.16% . The trading price change to current price is 0.48% . |
VanEck Agribusiness ETF Fundamentals Correlations and Trends
By evaluating VanEck Agribusiness' 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 Agribusiness' 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 Agribusiness Etf history
VanEck Agribusiness 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 Agribusiness ETF 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 Agribusiness stock prices may prove useful in developing a viable investing in VanEck Agribusiness
VanEck Agribusiness Etf Technical Analysis
VanEck Agribusiness 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 Agribusiness Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
VanEck Agribusiness ETF 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 Agribusiness December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Agribusiness 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 Agribusiness shares will generate the highest return on investment. By undertsting and applying VanEck Agribusiness etf market strength indicators, traders can identify VanEck Agribusiness ETF entry and exit signals to maximize returns
VanEck Agribusiness Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Agribusiness' 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 | (0.14) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (2.67) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Agribusiness ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of VanEck Agribusiness ETF 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 Agribusiness' value that differs from its market value or its book value, called intrinsic value, which is VanEck Agribusiness' 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 Agribusiness' market value can be influenced by many factors that don't directly affect VanEck Agribusiness' 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 Agribusiness' value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Agribusiness is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Agribusiness' 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.