VanEck Crypto (Germany) Performance
| DAVV Etf | EUR 12.01 0.31 2.52% |
The entity has a beta of 1.89, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, VanEck Crypto will likely underperform.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in VanEck Crypto and are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, VanEck Crypto reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Fifty Two Week Low | 2.9920 | |
| Fifty Two Week High | 20.7500 |
VanEck |
VanEck Crypto Relative Risk vs. Return Landscape
If you would invest 663.00 in VanEck Crypto and on September 16, 2024 and sell it today you would earn a total of 538.00 from holding VanEck Crypto and or generate 81.15% return on investment over 90 days. VanEck Crypto and is generating 1.0177% of daily returns assuming 4.9647% volatility of returns over the 90 days investment horizon. Simply put, 44% of all etfs have less volatile historical return distribution than VanEck Crypto, and 80% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
VanEck Crypto Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Crypto's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VanEck Crypto and, and traders can use it to determine the average amount a VanEck Crypto's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.205
| Best Portfolio | Best Equity | |||
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| Small Returns | DAVV | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.96 actual daily | 44 56% of assets are more volatile |
Expected Return
| 1.02 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average VanEck Crypto is performing at about 16% 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 Crypto by adding it to a well-diversified portfolio.
VanEck Crypto Fundamentals Growth
VanEck Etf prices reflect investors' perceptions of the future prospects and financial health of VanEck Crypto, and VanEck Crypto fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on VanEck Etf performance.
| Total Asset | 14.02 M | |||
About VanEck Crypto Performance
By analyzing VanEck Crypto's fundamental ratios, stakeholders can gain valuable insights into VanEck Crypto's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if VanEck Crypto has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if VanEck Crypto has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
VNEV DIG is traded on Frankfurt Stock Exchange in Germany.| VanEck Crypto appears to be risky and price may revert if volatility continues | |
| The fund retains 100.03% of its assets under management (AUM) in equities |
Other Information on Investing in VanEck Etf
VanEck Crypto financial ratios help investors to determine whether VanEck Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in VanEck with respect to the benefits of owning VanEck Crypto security.