Vaneck Environmental Services Etf Performance
| EVX Etf | USD 35.62 0.10 0.28% |
The entity has a beta of 0.71, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VanEck Environmental's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Environmental is expected to be smaller as well.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in VanEck Environmental Services are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong basic indicators, VanEck Environmental is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | How the price action is used to our Advantage - Stock Traders Daily | 02/11/2025 |
2 | Donaldson Q2 Earnings Miss Aftermarket And Life Sciences Segments Shine Amid Revenue Dip - Benzinga | 02/27/2025 |
| In Threey Sharp Ratio | 0.34 |
VanEck |
VanEck Environmental Relative Risk vs. Return Landscape
If you would invest 3,478 in VanEck Environmental Services on December 26, 2024 and sell it today you would earn a total of 74.00 from holding VanEck Environmental Services or generate 2.13% return on investment over 90 days. VanEck Environmental Services is generating 0.0388% of daily returns assuming volatility of 0.8714% on return distribution over 90 days investment horizon. In other words, 7% of etfs are less volatile than VanEck, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
VanEck Environmental Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Environmental's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VanEck Environmental Services, and traders can use it to determine the average amount a VanEck Environmental's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0445
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | EVX |
Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average VanEck Environmental is performing at about 3% 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 Environmental by adding it to a well-diversified portfolio.
VanEck Environmental Fundamentals Growth
VanEck Etf prices reflect investors' perceptions of the future prospects and financial health of VanEck Environmental, and VanEck Environmental fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on VanEck Etf performance.
| Price To Earning | 27.71 X | |||
| Price To Book | 2.81 X | |||
| Price To Sales | 1.18 X | |||
| Total Asset | 67.91 M | |||
About VanEck Environmental Performance
Evaluating VanEck Environmental's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if VanEck Environmental has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if VanEck Environmental has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its total assets in common stocks and ADRs of companies involved in the environmental services industry. Vaneck Environmental is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Donaldson Q2 Earnings Miss Aftermarket And Life Sciences Segments Shine Amid Revenue Dip - Benzinga | |
| The fund retains all of its assets under management (AUM) in equities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in VanEck Environmental Services. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of VanEck Environmental 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 Environmental's value that differs from its market value or its book value, called intrinsic value, which is VanEck Environmental'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 Environmental's market value can be influenced by many factors that don't directly affect VanEck Environmental'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 Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Environmental'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.