VanEck Sustainable (Germany) Price on June 13, 2024
| V3ET Etf | 74.77 0.06 0.08% |
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 Sustainable stands at 74.77, as last reported on the 27th of December, with the highest price reaching 75.02 and the lowest price hitting 74.77 during the day. VanEck Sustainable owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0887, which indicates the etf had a -0.0887% return per unit of risk over the last 3 months. VanEck Sustainable European exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck Sustainable's Coefficient Of Variation of (2,399), risk adjusted performance of (0.04), and Variance of 0.3835 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.
VanEck |
Sharpe Ratio = -0.0887
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| Negative Returns | V3ET |
Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VanEck Sustainable 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 Sustainable by adding VanEck Sustainable to a well-diversified portfolio.
VanEck Sustainable Valuation on June 13, 2024
It is possible to determine the worth of VanEck Sustainable on a given historical date. On June 13, 2024 VanEck was worth 74.06 at the beginning of the trading date compared to the closed value of 73.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Sustainable etf. Still, in general, we apply an absolute valuation method to find VanEck Sustainable'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 Sustainable where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Sustainable's related companies.
| Open | High | Low | Close | Volume | |
| 73.99 | 74.34 | 73.87 | 74.32 | 57.00 | |
06/13/2024 | 74.06 | 74.30 | 73.61 | 73.61 | 1,251 |
| 73.66 | 73.66 | 72.83 | 72.83 | 393.00 |
| Backtest VanEck Sustainable | | | VanEck Sustainable History | Previous | Next |
VanEck Sustainable Trading Date Momentum on June 13, 2024
| On June 14 2024 VanEck Sustainable European was traded for 72.83 at the closing time. The highest price during the trading period was 73.66 and the lowest recorded bid was listed for 72.83 . The volume for the day was 393. This history from June 14, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.06% . The trading price change to the current price is 0.39% . |
Price Boundaries
VanEck Sustainable Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
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VanEck Sustainable December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Sustainable 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 Sustainable shares will generate the highest return on investment. By undertsting and applying VanEck Sustainable etf market strength indicators, traders can identify VanEck Sustainable European entry and exit signals to maximize returns
VanEck Sustainable Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Sustainable'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.