Vaneck Gold Miners Etf Price History
GDX Etf | USD 37.66 0.21 0.56% |
Below is the normalized historical share price chart for VanEck Gold Miners extending back to May 22, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of VanEck Gold stands at 37.66, as last reported on the 1st of December, with the highest price reaching 37.85 and the lowest price hitting 37.50 during the day.
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. At this stage we consider VanEck Etf to be very steady. VanEck Gold Miners owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0179, which indicates the etf had a 0.0179% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for VanEck Gold Miners, which you can use to evaluate the volatility of the etf. Please validate VanEck Gold's Variance of 3.8, coefficient of variation of (21,328), and Risk Adjusted Performance of 0.0025 to confirm if the risk estimate we provide is consistent with the expected return of 0.0345%.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 32.07 | 200 Day MA 35.6993 | 1 y Volatility 28.62 | 50 Day MA 39.7074 | Inception Date 2006-05-16 |
VanEck |
Sharpe Ratio = 0.0179
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | GDX |
Estimated Market Risk
1.92 actual daily | 17 83% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average VanEck Gold is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of VanEck Gold by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 13.8 K |
VanEck Gold Etf Price History Chart
There are several ways to analyze VanEck Gold Miners Etf price data. The simplest method is using a basic VanEck candlestick price chart, which shows VanEck Gold price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | October 22, 2024 | 44.09 |
Lowest Price | November 15, 2024 | 35.51 |
VanEck Gold December 1, 2024 Etf Price Synopsis
Various analyses of VanEck Gold's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell VanEck Etf. It can be used to describe the percentage change in the price of VanEck Gold from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of VanEck Etf.VanEck Gold Price Rate Of Daily Change | 1.01 | |
VanEck Gold Price Action Indicator | 0.09 | |
VanEck Gold Price Daily Balance Of Power | 0.60 |
VanEck Gold December 1, 2024 Etf Price Analysis
VanEck Etf Price History Data
The price series of VanEck Gold for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 has a statistical range of 8.58 with a coefficient of variation of 5.07. Under current investment horizon, the daily prices are spread out with arithmetic mean of 39.33. The median price for the last 90 days is 39.56. The company completed dividends distribution on 23rd of December 2019.Open | High | Low | Close | Volume | ||
12/01/2024 | 37.72 | 37.85 | 37.50 | 37.66 | ||
11/29/2024 | 37.72 | 37.85 | 37.50 | 37.66 | 7,275,271 | |
11/27/2024 | 37.75 | 37.97 | 37.32 | 37.45 | 15,254,202 | |
11/26/2024 | 37.11 | 37.41 | 36.83 | 37.29 | 9,911,866 | |
11/25/2024 | 36.99 | 37.24 | 36.78 | 37.14 | 31,381,486 | |
11/22/2024 | 38.47 | 38.57 | 38.02 | 38.28 | 19,642,114 | |
11/21/2024 | 38.12 | 38.20 | 37.59 | 38.14 | 20,867,987 | |
11/20/2024 | 37.73 | 37.85 | 37.51 | 37.72 | 16,130,261 | |
11/19/2024 | 37.49 | 37.93 | 37.22 | 37.88 | 22,673,038 | |
11/18/2024 | 36.55 | 37.28 | 36.48 | 37.02 | 31,460,269 | |
11/15/2024 | 35.93 | 36.18 | 35.40 | 35.51 | 20,313,256 | |
11/14/2024 | 35.31 | 35.97 | 35.19 | 35.72 | 33,664,326 | |
11/13/2024 | 36.41 | 36.64 | 35.56 | 35.56 | 24,702,835 | |
11/12/2024 | 36.27 | 36.46 | 35.67 | 36.11 | 36,720,886 | |
11/11/2024 | 37.42 | 37.73 | 36.19 | 36.73 | 45,498,063 | |
11/08/2024 | 39.23 | 39.34 | 38.63 | 39.02 | 22,814,162 | |
11/07/2024 | 39.00 | 39.80 | 38.73 | 39.57 | 26,625,077 | |
11/06/2024 | 38.21 | 38.98 | 37.56 | 38.64 | 43,435,542 | |
11/05/2024 | 40.37 | 40.53 | 39.87 | 40.11 | 16,070,059 | |
11/04/2024 | 40.27 | 40.37 | 39.70 | 39.90 | 12,296,504 | |
11/01/2024 | 40.49 | 40.82 | 39.85 | 39.85 | 14,208,787 | |
10/31/2024 | 40.83 | 40.89 | 39.87 | 40.34 | 27,624,491 | |
10/30/2024 | 41.95 | 41.96 | 41.03 | 41.51 | 18,146,252 | |
10/29/2024 | 41.80 | 42.13 | 41.49 | 42.02 | 20,098,818 | |
10/28/2024 | 41.33 | 41.63 | 41.23 | 41.36 | 14,425,795 | |
10/25/2024 | 41.91 | 42.16 | 41.41 | 41.56 | 20,786,378 | |
10/24/2024 | 43.47 | 43.51 | 41.40 | 42.13 | 31,903,925 | |
10/23/2024 | 43.50 | 43.80 | 42.91 | 43.26 | 22,948,148 | |
10/22/2024 | 43.52 | 44.22 | 43.52 | 44.09 | 21,087,535 | |
10/21/2024 | 43.75 | 44.01 | 43.08 | 43.22 | 20,763,826 | |
10/18/2024 | 42.00 | 43.31 | 41.82 | 43.15 | 30,496,635 | |
10/17/2024 | 41.36 | 41.89 | 41.18 | 41.49 | 22,956,017 | |
10/16/2024 | 41.15 | 41.72 | 40.89 | 41.00 | 20,343,051 | |
10/15/2024 | 40.13 | 40.68 | 39.97 | 40.68 | 19,934,983 | |
10/14/2024 | 39.93 | 40.31 | 39.68 | 40.16 | 7,449,450 | |
10/11/2024 | 40.03 | 40.46 | 39.99 | 40.05 | 12,060,072 | |
10/10/2024 | 38.99 | 39.89 | 38.77 | 39.87 | 22,969,695 | |
10/09/2024 | 38.44 | 38.79 | 38.17 | 38.79 | 15,670,009 | |
10/08/2024 | 38.68 | 39.00 | 38.38 | 38.99 | 15,992,420 | |
10/07/2024 | 39.29 | 39.30 | 38.83 | 39.03 | 14,737,176 | |
10/04/2024 | 39.65 | 40.19 | 39.35 | 39.55 | 15,742,493 | |
10/03/2024 | 39.85 | 39.87 | 39.35 | 39.56 | 17,066,838 | |
10/02/2024 | 40.50 | 40.79 | 40.06 | 40.37 | 13,170,048 | |
10/01/2024 | 40.31 | 40.76 | 39.96 | 40.45 | 21,220,250 | |
09/30/2024 | 40.10 | 40.18 | 39.35 | 39.82 | 20,946,441 | |
09/27/2024 | 41.39 | 41.58 | 40.32 | 40.36 | 22,789,650 | |
09/26/2024 | 41.62 | 41.94 | 41.22 | 41.64 | 20,998,924 | |
09/25/2024 | 41.30 | 41.69 | 41.18 | 41.31 | 18,492,574 | |
09/24/2024 | 40.74 | 41.59 | 40.34 | 41.41 | 23,774,619 | |
09/23/2024 | 40.54 | 41.19 | 40.30 | 40.33 | 19,041,175 | |
09/20/2024 | 40.40 | 40.67 | 40.06 | 40.51 | 28,594,985 | |
09/19/2024 | 40.10 | 40.25 | 39.26 | 39.72 | 21,938,229 | |
09/18/2024 | 39.76 | 40.99 | 39.02 | 39.06 | 40,561,402 | |
09/17/2024 | 39.70 | 40.08 | 39.31 | 39.49 | 17,889,258 | |
09/16/2024 | 40.00 | 40.23 | 39.58 | 39.89 | 11,747,340 | |
09/13/2024 | 39.80 | 40.22 | 39.78 | 40.09 | 27,407,381 | |
09/12/2024 | 38.06 | 39.43 | 38.02 | 39.21 | 34,908,408 | |
09/11/2024 | 36.90 | 37.41 | 36.49 | 37.39 | 10,666,591 | |
09/10/2024 | 36.76 | 37.23 | 36.45 | 37.22 | 13,627,126 | |
09/09/2024 | 36.61 | 36.88 | 36.51 | 36.76 | 15,264,700 | |
09/06/2024 | 37.17 | 37.43 | 36.22 | 36.32 | 19,581,202 |
About VanEck Gold Etf history
VanEck Gold investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for VanEck is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in VanEck Gold Miners will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing VanEck Gold stock prices may prove useful in developing a viable investing in VanEck Gold
The fund normally invests at least 80 percent of its total assets in common stocks and depositary receipts of companies involved in the gold mining industry. Vaneck Gold is traded on NYSEARCA Exchange in the United States.
VanEck Gold Etf Technical Analysis
VanEck Gold technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
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VanEck Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Gold's price direction in advance. Along with the technical and fundamental analysis of VanEck Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of VanEck to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0025 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.34) | |||
Treynor Ratio | (0.22) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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 unemployment. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of VanEck Gold Miners 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 Gold's value that differs from its market value or its book value, called intrinsic value, which is VanEck Gold'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 Gold's market value can be influenced by many factors that don't directly affect VanEck Gold'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 Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Gold'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.