Vaneck Vietnam Etf Price on October 24, 2024
| VNM Etf | USD 11.73 0.11 0.93% |
Below is the normalized historical share price chart for VanEck Vietnam ETF extending back to August 14, 2009. 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 Vietnam stands at 11.73, as last reported on the 14th of December 2024, with the highest price reaching 11.82 and the lowest price hitting 11.73 during the day.
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. VanEck Vietnam ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0612, which indicates the etf had a -0.0612% return per unit of risk over the last 3 months. VanEck Vietnam ETF exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck Vietnam's Coefficient Of Variation of (1,192), variance of 0.9021, and Risk Adjusted Performance of (0.06) 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.
3 y Volatility 25.81 | 200 Day MA 12.4742 | 1 y Volatility 16.91 | 50 Day MA 11.9796 | Inception Date 2009-08-11 |
VanEck |
Sharpe Ratio = -0.0612
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| Negative Returns | VNM |
Estimated Market Risk
| 0.95 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VanEck Vietnam 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 Vietnam by adding VanEck Vietnam to a well-diversified portfolio.
Average Mkt Cap Mil 1.9 K |
VanEck Vietnam Valuation on October 24, 2024
It is possible to determine the worth of VanEck Vietnam on a given historical date. On October 24, 2024 VanEck was worth 12.0 at the beginning of the trading date compared to the closed value of 11.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Vietnam etf. Still, in general, we apply an absolute valuation method to find VanEck Vietnam'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 Vietnam where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Vietnam's related companies.
| Open | High | Low | Close | Volume | |
| 12.10 | 12.17 | 12.03 | 12.05 | 1,231,708 | |
10/24/2024 | 12.00 | 12.05 | 11.94 | 11.95 | 574,553 |
| 11.96 | 11.99 | 11.89 | 11.91 | 306,384 |
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VanEck Vietnam Trading Date Momentum on October 24, 2024
| On October 25 2024 VanEck Vietnam ETF was traded for 11.91 at the closing time. Highest VanEck Vietnam's price during the trading hours was 11.99 and the lowest price during the day was 11.89 . The net volume was 306.4 K. The overall trading history on the 25th of October contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.33% . The trading price change to current price is 1.26% . |
VanEck Vietnam ETF Fundamentals Correlations and Trends
By evaluating VanEck Vietnam'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 Vietnam'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 Vietnam Etf history
VanEck Vietnam 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 Vietnam ETF 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 Vietnam stock prices may prove useful in developing a viable investing in VanEck Vietnam
VanEck Vietnam Etf Technical Analysis
VanEck Vietnam 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 Vietnam Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
VanEck Vietnam ETF 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 Vietnam December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Vietnam 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 Vietnam shares will generate the highest return on investment. By undertsting and applying VanEck Vietnam etf market strength indicators, traders can identify VanEck Vietnam ETF entry and exit signals to maximize returns
VanEck Vietnam Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Vietnam'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 | (0.06) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.17) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VanEck Vietnam ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of VanEck Vietnam ETF 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 Vietnam's value that differs from its market value or its book value, called intrinsic value, which is VanEck Vietnam'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 Vietnam's market value can be influenced by many factors that don't directly affect VanEck Vietnam'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 Vietnam's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Vietnam is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Vietnam'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.