VanEck Gold (Switzerland) Performance
| GDX Etf | CHF 43.40 0.26 0.60% |
The entity has a beta of -0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning VanEck Gold are expected to decrease at a much lower rate. During the bear market, VanEck Gold is likely to outperform the market.
Risk-Adjusted Performance
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Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in VanEck Gold Miners are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, VanEck Gold showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Fifty Two Week Low | 29.94 | |
| Fifty Two Week High | 43.94 |
VanEck |
VanEck Gold Relative Risk vs. Return Landscape
If you would invest 3,587 in VanEck Gold Miners on December 17, 2024 and sell it today you would earn a total of 753.00 from holding VanEck Gold Miners or generate 20.99% return on investment over 90 days. VanEck Gold Miners is generating 0.3421% of daily returns assuming 1.9489% volatility of returns over the 90 days investment horizon. Simply put, 17% of all etfs have less volatile historical return distribution than VanEck Gold, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
VanEck Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Gold's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VanEck Gold Miners, and traders can use it to determine the average amount a VanEck Gold'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 = 0.1755
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average VanEck Gold is performing at about 13% 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.
VanEck Gold Fundamentals Growth
VanEck Etf prices reflect investors' perceptions of the future prospects and financial health of VanEck Gold, and VanEck Gold 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 | 24.18 X | |||
| Price To Book | 1.27 X | |||
| Price To Sales | 2.20 X | |||
| Total Asset | 825.88 M | |||
About VanEck Gold Performance
Evaluating VanEck Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if VanEck Gold 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 Gold 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 Funds investment objective is to track, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index . VanEck Gold is traded on Switzerland Exchange in Switzerland.| The fund retains 99.79% of its assets under management (AUM) in equities |
Additional Information and Resources on Investing in VanEck Etf
When determining whether VanEck Gold Miners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vaneck Gold Miners Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Gold Miners Etf: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 board of governors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.