Vaneck Junior Gold Etf Performance
| GDXJ Etf | USD 54.99 0.53 0.97% |
The entity has a beta of 0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VanEck Junior's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Junior is expected to be smaller as well.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in VanEck Junior Gold are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak basic indicators, VanEck Junior revealed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Fed Tests Gold Upleg | 12/20/2024 |
2 | Gold Miners Junior Zigzag Correction in Progress | 01/02/2025 |
3 | Silvers Time To Shine Is Here Get Ready | 01/14/2025 |
4 | Gold Strengthening But Silver Miners Lagging | 01/21/2025 |
5 | Zacks Market Edge Highlights GLDM, GDXJ, Newmont and B2Gold | 02/18/2025 |
6 | 5 Best Gold ETFs for March to Curb Recession Fears | 02/28/2025 |
7 | Gold Mining ETFs Shine Amid Market Rout - TradingView | 03/12/2025 |
| In Threey Sharp Ratio | 0.19 |
VanEck |
VanEck Junior Relative Risk vs. Return Landscape
If you would invest 4,550 in VanEck Junior Gold on December 14, 2024 and sell it today you would earn a total of 949.00 from holding VanEck Junior Gold or generate 20.86% return on investment over 90 days. VanEck Junior Gold is currently generating 0.3393% in daily expected returns and assumes 2.164% risk (volatility on return distribution) over the 90 days horizon. In different words, 19% of etfs are less volatile than VanEck, and 94% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
VanEck Junior Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Junior's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VanEck Junior Gold, and traders can use it to determine the average amount a VanEck Junior'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 = 0.1568
| Best Portfolio | Best Equity | |||
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| Small Returns | GDXJ | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.16 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average VanEck Junior 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 Junior by adding it to a well-diversified portfolio.
VanEck Junior Fundamentals Growth
VanEck Etf prices reflect investors' perceptions of the future prospects and financial health of VanEck Junior, and VanEck Junior 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.
| Price To Earning | 17.31 X | |||
| Price To Book | 1.09 X | |||
| Price To Sales | 1.82 X | |||
| Total Asset | 3.01 B | |||
About VanEck Junior Performance
By evaluating VanEck Junior's fundamental ratios, stakeholders can gain valuable insights into VanEck Junior's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if VanEck Junior 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 Junior has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its total assets in securities that comprise the index. Vaneck Junior is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Gold Mining ETFs Shine Amid Market Rout - TradingView | |
| The fund retains 99.91% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Junior Gold. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of VanEck Junior Gold 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 Junior's value that differs from its market value or its book value, called intrinsic value, which is VanEck Junior'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 Junior's market value can be influenced by many factors that don't directly affect VanEck Junior'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 Junior's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Junior is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Junior'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.