VanEck Global (Netherlands) Market Value
| TRET Etf | EUR 41.06 0.38 0.92% |
| Symbol | VanEck |
VanEck Global '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 Global'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 Global.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in VanEck Global on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding VanEck Global Real or generate 0.0% return on investment in VanEck Global over 30 days. VanEck Global is related to or competes with HSBC MSCI, IShares II, Hydratec Industries, IShares VII, Aalberts Industries, IShares Asia, and Value8 NV. The investment seeks to track the price and yield performance, before fees and expenses, of the Think Global Real Estate... More
VanEck Global 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 Global'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 Global Real upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6362 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 3.09 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 1.31 |
VanEck Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VanEck Global's standard deviation. In reality, there are many statistical measures that can use VanEck Global historical prices to predict the future VanEck Global's volatility.| Risk Adjusted Performance | 0.0676 | |||
| Jensen Alpha | 0.0226 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.1793 |
VanEck Global Real Backtested Returns
Currently, VanEck Global Real is very steady. VanEck Global Real owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0619, which indicates the etf had a 0.0619% return per unit of risk over the last 3 months. We have found thirty technical indicators for VanEck Global Real, which you can use to evaluate the volatility of the etf. Please validate VanEck Global's Semi Deviation of 0.5418, coefficient of variation of 1115.93, and Risk Adjusted Performance of 0.0676 to confirm if the risk estimate we provide is consistent with the expected return of 0.045%. The entity has a beta of 0.3, which indicates not very significant fluctuations relative to the market. As returns on the market increase, VanEck Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Global is expected to be smaller as well.
Auto-correlation | 0.76 |
Good predictability
VanEck Global Real has good predictability. Overlapping area represents the amount of predictability between VanEck Global time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th of December 2024. 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 Global Real price movement. The serial correlation of 0.76 indicates that around 76.0% of current VanEck Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
VanEck Global Real lagged returns against current returns
Autocorrelation, which is VanEck Global 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 Global's etf expected returns. We can calculate the autocorrelation of VanEck Global returns to help us make a trade decision. For example, suppose you find that VanEck Global 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 Global 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 Global etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VanEck Global etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VanEck Global etf over time.
Current vs Lagged Prices |
| Timeline |
VanEck Global Lagged Returns
When evaluating VanEck Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VanEck Global etf have on its future price. VanEck Global 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 Global autocorrelation shows the relationship between VanEck Global etf current value and its past values and can show if there is a momentum factor associated with investing in VanEck Global Real.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in VanEck Etf
VanEck Global 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 Global security.