Vaneck Short High Etf Price on August 7, 2024
| SHYD Etf | USD 22.65 0.10 0.44% |
Below is the normalized historical share price chart for VanEck Short High extending back to January 14, 2014. 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 Short stands at 22.65, as last reported on the 28th of November, with the highest price reaching 22.76 and the lowest price hitting 22.65 during the day.
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. At this point, VanEck Short is very steady. VanEck Short High owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0789, which indicates the etf had a 0.0789% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for VanEck Short High, which you can use to evaluate the volatility of the etf. Please validate VanEck Short's Semi Deviation of 0.1984, coefficient of variation of 1132.29, and Risk Adjusted Performance of 0.0467 to confirm if the risk estimate we provide is consistent with the expected return of 0.0197%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 5.27 | 200 Day MA 22.4211 | 1 y Volatility 3.6 | 50 Day MA 22.6874 | Inception Date 2014-01-13 |
VanEck |
Sharpe Ratio = 0.0789
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Estimated Market Risk
| 0.25 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average VanEck Short is performing at about 6% of its full potential. 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 Short by adding it to a well-diversified portfolio.
VanEck Short Main Headline on 7th of August 2024
Jane Street Group LLC Has 6.34 Million Holdings in VanEck Sh... by news.google.com
Jane Street Group LLC Has 6.34 Million Holdings in VanEck Short High Yield Muni ETF Defense World
VanEck Short Valuation on August 7, 2024
It is possible to determine the worth of VanEck Short on a given historical date. On August 7, 2024 VanEck was worth 22.35 at the beginning of the trading date compared to the closed value of 22.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Short etf. Still, in general, we apply an absolute valuation method to find VanEck Short'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 Short where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Short's related companies.
| Open | High | Low | Close | Volume | |
| 22.39 | 22.45 | 22.31 | 22.39 | 76,846 | |
08/07/2024 | 22.35 | 22.41 | 22.27 | 22.31 | 30,576 |
| 22.29 | 22.31 | 22.14 | 22.27 | 26,354 |
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VanEck Short Trading Date Momentum on August 7, 2024
| On August 08 2024 VanEck Short High was traded for 22.27 at the closing time. The top price for the day was 22.31 and the lowest listed price was 22.14 . The trading volume for the day was 26.4 K. The trading history from August 8, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.18% . The trading price change against the current closing price is 0.13% . |
VanEck Short High Fundamentals Correlations and Trends
By evaluating VanEck Short'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 Short'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 Short Etf history
VanEck Short 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 Short High 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 Short stock prices may prove useful in developing a viable investing in VanEck Short
VanEck Short Etf Technical Analysis
VanEck Short 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 Short Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
VanEck Short High 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 Short November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Short 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 Short shares will generate the highest return on investment. By undertsting and applying VanEck Short etf market strength indicators, traders can identify VanEck Short High entry and exit signals to maximize returns
VanEck Short Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Short'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 | 0.0467 | |||
| Jensen Alpha | 0.0161 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.37) | |||
| Treynor Ratio | (0.32) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VanEck Short High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of VanEck Short High 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 Short's value that differs from its market value or its book value, called intrinsic value, which is VanEck Short'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 Short's market value can be influenced by many factors that don't directly affect VanEck Short'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 Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Short'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.