VanEck TRON (Netherlands) Performance
| VTRX Etf | 25.81 0.20 0.77% |
The entity has a beta of -0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning VanEck TRON are expected to decrease at a much lower rate. During the bear market, VanEck TRON is likely to outperform the market.
Risk-Adjusted Performance
7 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in VanEck TRON ETN are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, VanEck TRON unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
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VanEck TRON Relative Risk vs. Return Landscape
If you would invest 1,710 in VanEck TRON ETN on October 24, 2024 and sell it today you would earn a total of 871.00 from holding VanEck TRON ETN or generate 50.94% return on investment over 90 days. VanEck TRON ETN is generating 1.1412% of daily returns and assumes 12.0865% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than VanEck on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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VanEck TRON Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck TRON's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VanEck TRON ETN, and traders can use it to determine the average amount a VanEck TRON'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 = 0.0944
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Estimated Market Risk
| 12.09 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.14 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average VanEck TRON is performing at about 7% 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 TRON by adding it to a well-diversified portfolio.