VanEck Polkadot (Netherlands) Price on December 9, 2024
VDOT Etf | 2.78 0.11 3.81% |
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 Polkadot stands at 2.78, as last reported on the 14th of December 2024, with the highest price reaching 2.78 and the lowest price hitting 2.78 during the day. VanEck Polkadot is dangerous given 3 months investment horizon. VanEck Polkadot ETN owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the etf had a 0.16% return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.48% are justified by taking the suggested risk. Use VanEck Polkadot ETN Risk Adjusted Performance of 0.1167, semi deviation of 4.21, and Coefficient Of Variation of 674.28 to evaluate company specific risk that cannot be diversified away.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VanEck |
Sharpe Ratio = 0.1648
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Estimated Market Risk
8.97 actual daily | 79 79% of assets are less volatile |
Expected Return
1.48 actual daily | 29 71% of assets have higher returns |
Risk-Adjusted Return
0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average VanEck Polkadot is performing at about 12% 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 Polkadot by adding it to a well-diversified portfolio.
VanEck Polkadot Valuation on December 9, 2024
It is possible to determine the worth of VanEck Polkadot on a given historical date. On December 9, 2024 VanEck was worth 3.44 at the beginning of the trading date compared to the closed value of 3.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Polkadot etf. Still, in general, we apply an absolute valuation method to find VanEck Polkadot'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 Polkadot where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Polkadot's related companies.
Open | High | Low | Close | Volume | |
3.44 | 3.44 | 3.44 | 3.44 | 180.00 | |
12/09/2024 | 3.44 | 3.44 | 3.44 | 3.44 | 1.00 |
2.70 | 2.70 | 2.47 | 2.47 | 18,521 |
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VanEck Polkadot Trading Date Momentum on December 9, 2024
On December 10 2024 VanEck Polkadot ETN was traded for 2.47 at the closing time. The highest price during the trading period was 2.70 and the lowest recorded bid was listed for 2.47 . The volume for the day was 18.5 K. This history from December 10, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 28.20% . The trading price change to the current price is 19.19% . |
Price Boundaries
VanEck Polkadot Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
VanEck Polkadot ETN cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Amsterdam. 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 Polkadot December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Polkadot 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 Polkadot shares will generate the highest return on investment. By undertsting and applying VanEck Polkadot etf market strength indicators, traders can identify VanEck Polkadot ETN entry and exit signals to maximize returns
VanEck Polkadot Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Polkadot'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.