Vaneck Low Carbon Etf Price on August 23, 2024

SMOG Etf  USD 103.99  0.37  0.36%   
Below is the normalized historical share price chart for VanEck Low Carbon extending back to May 09, 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 Low stands at 103.99, as last reported on the 15th of December 2024, with the highest price reaching 103.99 and the lowest price hitting 102.95 during the day.
3 y Volatility
27.03
200 Day MA
101.5652
1 y Volatility
25.94
50 Day MA
103.7944
Inception Date
2007-05-03
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. VanEck Low Carbon owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.021, which indicates the etf had a -0.021% return per unit of risk over the last 3 months. VanEck Low Carbon exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck Low's Coefficient Of Variation of (12,340), variance of 1.64, and insignificant Risk Adjusted Performance 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 = -0.021

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Negative ReturnsSMOG

Estimated Market Risk

 1.29
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.03
  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 Low 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 Low by adding VanEck Low to a well-diversified portfolio.
Average Mkt Cap Mil
36.9 K

VanEck Low Valuation on August 23, 2024

It is possible to determine the worth of VanEck Low on a given historical date. On August 23, 2024 VanEck was worth 101.97 at the beginning of the trading date compared to the closed value of 103.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Low etf. Still, in general, we apply an absolute valuation method to find VanEck Low'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 Low where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Low's related companies.
 Open High Low Close Volume
  102.26    102.26    100.58    100.81    2,269  
08/23/2024
  101.97    103.47    101.97    103.45    1,136  
  103.66    104.00    102.97    103.00    2,482  
Backtest VanEck Low  |  VanEck Low History  |  VanEck Low Valuation   PreviousNext  
Open Value
101.97
103.45
Closing Value
105.83
Upside

VanEck Low Trading Date Momentum on August 23, 2024

On August 26 2024 VanEck Low Carbon was traded for  103.00  at the closing time. The top price for the day was 104.00  and the lowest listed price was  102.97 . The trading volume for the day was 2.5 K. The trading history from August 26, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.43% . The trading price change against the current closing price is 0.33% .

VanEck Low Carbon Fundamentals Correlations and Trends

By evaluating VanEck Low'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 Low'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 Low Etf history

VanEck Low 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 Low Carbon 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 Low stock prices may prove useful in developing a viable investing in VanEck Low

VanEck Low Etf Technical Analysis

VanEck Low 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.
A focus of VanEck Low technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of VanEck Low trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

VanEck Low Period Price Range

Low
December 15, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

VanEck Low Carbon 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 Low December 15, 2024 Market Strength

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

VanEck Low Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for VanEck Low'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.
When determining whether VanEck Low Carbon is a strong investment it is important to analyze VanEck Low's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VanEck Low's future performance. For an informed investment choice regarding VanEck Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VanEck Low Carbon. 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of VanEck Low Carbon 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 Low's value that differs from its market value or its book value, called intrinsic value, which is VanEck Low'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 Low's market value can be influenced by many factors that don't directly affect VanEck Low'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 Low's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Low is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Low'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.