Vaneck Gold Miners Etf One Year Return
| GDX Etf | CHF 38.23 1.08 2.91% |
VanEck Gold Miners fundamentals help investors to digest information that contributes to VanEck Gold's financial success or failures. It also enables traders to predict the movement of VanEck Etf. The fundamental analysis module provides a way to measure VanEck Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to VanEck Gold etf.
VanEck |
VanEck Gold Miners ETF One Year Return Analysis
VanEck Gold's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current VanEck Gold One Year Return | 13.47 % |
Most of VanEck Gold's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, VanEck Gold Miners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
| Competition |
Based on the recorded statements, VanEck Gold Miners has an One Year Return of 13.47%. This is much higher than that of the VanEck Investments Ltd. family and significantly higher than that of the One Year Return category. The one year return for all Switzerland etfs is notably lower than that of the firm.
VanEck One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VanEck Gold's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of VanEck Gold could also be used in its relative valuation, which is a method of valuing VanEck Gold by comparing valuation metrics of similar companies.VanEck Gold is rated below average in one year return as compared to similar ETFs.
Fund Asset Allocation for VanEck Gold
The fund invests 99.79% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides VanEck Gold's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
VanEck Fundamentals
| Price To Earning | 24.18 X | |||
| Price To Book | 1.27 X | |||
| Price To Sales | 2.20 X | |||
| Total Asset | 825.88 M | |||
| One Year Return | 13.47 % | |||
| Three Year Return | 21.34 % | |||
| Five Year Return | 7.22 % | |||
| Net Asset | 825.88 M | |||
| Equity Positions Weight | 99.79 % |
About VanEck Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VanEck Gold Miners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VanEck Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VanEck Gold Miners based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in VanEck Etf
When determining whether VanEck Gold Miners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vaneck Gold Miners Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Gold Miners Etf:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Gold Miners. 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 CEOs Directory module to screen CEOs from public companies around the world.