VanEck IBoxx's market value is the price at which a share of VanEck IBoxx trades on a public exchange. It measures the collective expectations of VanEck iBoxx EUR investors about its performance. VanEck IBoxx is trading at 18.86 as of the 17th of March 2025, a 0.11 percent increase since the beginning of the trading day. The etf's lowest day price was 18.84. With this module, you can estimate the performance of a buy and hold strategy of VanEck iBoxx EUR and determine expected loss or profit from investing in VanEck IBoxx over a given investment horizon. Check out World Market Map 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 IBoxx '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 IBoxx'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 IBoxx.
0.00
12/17/2024
No Change 0.00
0.0
In 3 months and 1 day
03/17/2025
0.00
If you would invest 0.00 in VanEck IBoxx on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding VanEck iBoxx EUR or generate 0.0% return on investment in VanEck IBoxx over 90 days.
VanEck IBoxx 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 IBoxx'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 iBoxx EUR 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 IBoxx's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VanEck IBoxx's standard deviation. In reality, there are many statistical measures that can use VanEck IBoxx historical prices to predict the future VanEck IBoxx's volatility.
VanEck iBoxx EUR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0287, which indicates the etf had a -0.0287 % return per unit of risk over the last 3 months. VanEck iBoxx EUR exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck IBoxx's Coefficient Of Variation of (3,481), risk adjusted performance of (0.07), and Variance of 0.0224 to confirm the risk estimate we provide. The entity has a beta of 0.0014, which indicates not very significant fluctuations relative to the market. As returns on the market increase, VanEck IBoxx's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck IBoxx is expected to be smaller as well.
Auto-correlation
0.05
Virtually no predictability
VanEck iBoxx EUR has virtually no predictability. Overlapping area represents the amount of predictability between VanEck IBoxx 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 iBoxx EUR price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current VanEck IBoxx price fluctuation can be explain by its past prices.
Correlation Coefficient
0.05
Spearman Rank Test
-0.22
Residual Average
0.0
Price Variance
0.0
VanEck iBoxx EUR lagged returns against current returns
Autocorrelation, which is VanEck IBoxx 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 IBoxx's etf expected returns. We can calculate the autocorrelation of VanEck IBoxx returns to help us make a trade decision. For example, suppose you find that VanEck IBoxx 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 IBoxx 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 IBoxx etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VanEck IBoxx etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VanEck IBoxx etf over time.
Current vs Lagged Prices
Timeline
VanEck IBoxx Lagged Returns
When evaluating VanEck IBoxx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VanEck IBoxx etf have on its future price. VanEck IBoxx 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 IBoxx autocorrelation shows the relationship between VanEck IBoxx etf current value and its past values and can show if there is a momentum factor associated with investing in VanEck iBoxx EUR.
Regressed Prices
Timeline
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