Vaneck Short High Etf Price To Book

SHYD Etf  USD 22.65  0.10  0.44%   
VanEck Short High fundamentals help investors to digest information that contributes to VanEck Short'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 Short'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 Short etf.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

VanEck Short High ETF Price To Book Analysis

VanEck Short's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Based on the latest financial disclosure, VanEck Short High has a Price To Book of 0.0 times. This is 100.0% lower than that of the VanEck family and about the same as High Yield Muni (which currently averages 0.0) category. The price to book for all United States etfs is 100.0% higher than that of the company.

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Fund Asset Allocation for VanEck Short

The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds.
Asset allocation divides VanEck Short'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

About VanEck Short Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze VanEck Short High's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VanEck Short using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VanEck Short High 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.

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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.
When determining whether VanEck Short High is a strong investment it is important to analyze VanEck Short's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VanEck Short's future performance. For an informed investment choice regarding VanEck Etf, refer to the following important reports:
Check out VanEck Short Piotroski F Score and VanEck Short Altman Z Score analysis.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of VanEck Short High 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 Short's value that differs from its market value or its book value, called intrinsic value, which is VanEck Short'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 Short's market value can be influenced by many factors that don't directly affect VanEck Short'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 Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Short'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.