VanEck Uranium's market value is the price at which a share of VanEck Uranium trades on a public exchange. It measures the collective expectations of VanEck Uranium and investors about its performance. VanEck Uranium is selling for under 25.92 as of the 17th of March 2025; that is 1.25 percent increase since the beginning of the trading day. The etf's lowest day price was 25.6. With this module, you can estimate the performance of a buy and hold strategy of VanEck Uranium and and determine expected loss or profit from investing in VanEck Uranium over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. 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.
Symbol
VanEck
VanEck Uranium 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to VanEck Uranium's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of VanEck Uranium.
0.00
12/17/2024
No Change 0.00
0.0
In 2 months and 31 days
03/17/2025
0.00
If you would invest 0.00 in VanEck Uranium on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding VanEck Uranium and or generate 0.0% return on investment in VanEck Uranium over 90 days.
VanEck Uranium Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure VanEck Uranium's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess VanEck Uranium and upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Uranium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VanEck Uranium's standard deviation. In reality, there are many statistical measures that can use VanEck Uranium historical prices to predict the future VanEck Uranium's volatility.
VanEck Uranium owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0775, which indicates the etf had a -0.0775 % return per unit of risk over the last 3 months. VanEck Uranium and exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck Uranium's Risk Adjusted Performance of (0.1), coefficient of variation of (843.85), and Variance of 5.38 to confirm the risk estimate we provide. The entity has a beta of 0.62, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VanEck Uranium's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Uranium is expected to be smaller as well.
Auto-correlation
-0.49
Modest reverse predictability
VanEck Uranium and has modest reverse predictability. Overlapping area represents the amount of predictability between VanEck Uranium time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of VanEck Uranium price movement. The serial correlation of -0.49 indicates that about 49.0% of current VanEck Uranium price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.49
Spearman Rank Test
-0.36
Residual Average
0.0
Price Variance
4.52
VanEck Uranium lagged returns against current returns
Autocorrelation, which is VanEck Uranium etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting VanEck Uranium's etf expected returns. We can calculate the autocorrelation of VanEck Uranium returns to help us make a trade decision. For example, suppose you find that VanEck Uranium has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
VanEck Uranium regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If VanEck Uranium etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VanEck Uranium etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VanEck Uranium etf over time.
Current vs Lagged Prices
Timeline
VanEck Uranium Lagged Returns
When evaluating VanEck Uranium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VanEck Uranium etf have on its future price. VanEck Uranium autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, VanEck Uranium autocorrelation shows the relationship between VanEck Uranium etf current value and its past values and can show if there is a momentum factor associated with investing in VanEck Uranium and.
Regressed Prices
Timeline
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