VanEck Oil (UK) Price on November 29, 2023
| OIHV Etf | 20.67 0.24 1.17% |
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 Oil stands at 20.67, as last reported on the 26th of March, with the highest price reaching 20.96 and the lowest price hitting 20.50 during the day. Currently, VanEck Oil Services is very steady. VanEck Oil Services owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the etf had a close to zero % return per unit of risk over the last 3 months. We have found thirty technical indicators for VanEck Oil Services, which you can use to evaluate the volatility of the etf. Please validate VanEck Oil's Coefficient Of Variation of 7252.58, semi deviation of 1.79, and Risk Adjusted Performance of 0.0168 to confirm if the risk estimate we provide is consistent with the expected return of 0.0033%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VanEck |
Sharpe Ratio = 0.0019
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OIHV |
Estimated Market Risk
| 1.77 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VanEck Oil 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 Oil by adding VanEck Oil to a well-diversified portfolio.
Average Mkt Cap Mil 9.8 K |
VanEck Oil Valuation on November 29, 2023
It is possible to determine the worth of VanEck Oil on a given historical date. On November 29, 2023 VanEck was worth 22.83 at the beginning of the trading date compared to the closed value of 22.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Oil etf. Still, in general, we apply an absolute valuation method to find VanEck Oil'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 Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Oil's related companies.
| Open | High | Low | Close | Volume | |
| 23.25 | 23.25 | 23.25 | 23.25 | 1.00 | |
11/29/2023 | 22.83 | 22.83 | 22.83 | 22.83 | 1.00 |
| 23.30 | 23.30 | 22.78 | 22.78 | 10,700 |
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VanEck Oil Trading Date Momentum on November 29, 2023
| On November 30 2023 VanEck Oil Services was traded for 22.78 at the closing time. The highest price during the trading period was 23.30 and the lowest recorded bid was listed for 22.78 . The volume for the day was 10.7 K. This history from November 30, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.22% . The trading price change to the current price is 3.81% . |
About VanEck Oil Etf history
VanEck Oil 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 Oil Services 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 Oil stock prices may prove useful in developing a viable investing in VanEck Oil
VanEck Oil Etf Technical Analysis
VanEck Oil 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 Oil Period Price Range
Low | March 26, 2025
| High |
0.00 | 0.00 |
VanEck Oil Services 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 Oil March 26, 2025 Market Strength
Market strength indicators help investors to evaluate how VanEck Oil 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 Oil shares will generate the highest return on investment. By undertsting and applying VanEck Oil etf market strength indicators, traders can identify VanEck Oil Services entry and exit signals to maximize returns
VanEck Oil Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Oil'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 | 0.0168 | |||
| Jensen Alpha | 0.0122 | |||
| Total Risk Alpha | 0.0082 | |||
| Sortino Ratio | 0.0061 | |||
| Treynor Ratio | 0.0219 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in VanEck Oil Services. 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.