VanEck Sustainable (Germany) Price on October 30, 2023
| V3ET Etf | 77.92 0.68 0.88% |
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 77.92, as last reported on the 19th of January, with the highest price reaching 77.97 and the lowest price hitting 77.47 during the day. At this point, VanEck Sustainable is very steady. VanEck Sustainable owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.02, which indicates the etf had a 0.02% return per unit of risk over the last 3 months. We have found thirty technical indicators for VanEck Sustainable European, which you can use to evaluate the volatility of the etf. Please validate VanEck Sustainable's Semi Deviation of 0.6143, coefficient of variation of 3279.04, and Risk Adjusted Performance of 0.0228 to confirm if the risk estimate we provide is consistent with the expected return of 0.0134%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VanEck |
Sharpe Ratio = 0.02
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| Negative Returns | V3ET |
Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average VanEck Sustainable is performing at about 1% 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 Sustainable by adding it to a well-diversified portfolio.
VanEck Sustainable Valuation on October 30, 2023
It is possible to determine the worth of VanEck Sustainable on a given historical date. On October 30, 2023 VanEck was worth 59.48 at the beginning of the trading date compared to the closed value of 59.36. 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 | |
| 59.62 | 59.62 | 59.13 | 59.13 | 1.00 | |
10/30/2023 | 59.48 | 59.48 | 59.36 | 59.36 | 1.00 |
| 59.42 | 59.80 | 59.42 | 59.74 | 18.00 |
| Backtest VanEck Sustainable | | | VanEck Sustainable History | Previous | Next |
VanEck Sustainable Trading Date Momentum on October 30, 2023
| On October 31 2023 VanEck Sustainable European was traded for 59.74 at the closing time. The highest price during the trading period was 59.80 and the lowest recorded bid was listed for 59.42 . The volume for the day was 18.0. This history from October 31, 2023 contributed to the next trading day price growth. The trading price change to the next closing price was 0.64% . The trading price change to the current price is 3.34% . |
Price Boundaries
VanEck Sustainable Period Price Range
Low | January 19, 2025
| High |
0.00 | 0.00 |
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VanEck Sustainable January 19, 2025 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.