Vaneck Ucits (UK) Price on July 5, 2024

OIHV Etf   20.44  0.11  0.54%   
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 Ucits stands at 20.44, as last reported on the 22nd of December, with the highest price reaching 20.55 and the lowest price hitting 20.08 during the day. Vaneck Ucits Etfs owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.058, which indicates the etf had a -0.058% return per unit of risk over the last 3 months. Vaneck Ucits Etfs exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vaneck Ucits' Coefficient Of Variation of (1,935), variance of 3.18, and Risk Adjusted Performance of (0.04) 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.

Sharpe Ratio = -0.058

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsOIHV

Estimated Market Risk

 1.78
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Vaneck Ucits 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 Ucits by adding Vaneck Ucits to a well-diversified portfolio.

Vaneck Ucits Valuation on July 5, 2024

It is possible to determine the worth of Vaneck Ucits on a given historical date. On July 5, 2024 Vaneck was worth 23.7 at the beginning of the trading date compared to the closed value of 23.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vaneck Ucits etf. Still, in general, we apply an absolute valuation method to find Vaneck Ucits' 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 Ucits where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vaneck Ucits' related companies.
 Open High Low Close Volume
  24.08    24.08    24.01    24.01    10.00  
07/05/2024
  23.70    23.70    23.50    23.50    4.00  
  23.40    23.40    23.37    23.37    121.00  
Backtest Vaneck Ucits  |  Vaneck Ucits History  PreviousNext  
Open Value
23.7
23.5
Closing Value
29.05
Upside

Vaneck Ucits Trading Date Momentum on July 5, 2024

On July 08 2024 Vaneck Ucits Etfs was traded for  23.37  at the closing time. The highest price during the trading period was 23.40  and the lowest recorded bid was listed for  23.37 . The volume for the day was 121. This history from July 8, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.55% . The trading price change to the current price is 4.13% .

Price Boundaries

Vaneck Ucits Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Vaneck Ucits Etfs cannot be verified against its exchange. Please verify the symbol is currently traded on London 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 Ucits December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Vaneck Ucits 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 Ucits shares will generate the highest return on investment. By undertsting and applying Vaneck Ucits etf market strength indicators, traders can identify Vaneck Ucits Etfs entry and exit signals to maximize returns

Vaneck Ucits Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Vaneck Ucits' 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.