VanEck Low Beta vs. Net Asset
| SMOG Etf | USD 103.99 0.37 0.36% |
For VanEck Low profitability analysis, we use financial ratios and fundamental drivers that measure the ability of VanEck Low to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well VanEck Low Carbon utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between VanEck Low's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of VanEck Low Carbon over time as well as its relative position and ranking within its peers.
VanEck |
The market value of VanEck Low Carbon 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 Low's value that differs from its market value or its book value, called intrinsic value, which is VanEck Low'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 Low's market value can be influenced by many factors that don't directly affect VanEck Low'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 Low's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Low is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Low'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.
VanEck Low Carbon Net Asset vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining VanEck Low's current stock value. Our valuation model uses many indicators to compare VanEck Low value to that of its competitors to determine the firm's financial worth. VanEck Low Carbon is rated second largest ETF in beta as compared to similar ETFs. It is rated third largest ETF in net asset as compared to similar ETFs making up about 163,080,645 of Net Asset per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value VanEck Low by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.VanEck Net Asset vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
VanEck Low |
| = | 1.24 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
VanEck Low |
| = | 202.22 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
VanEck Net Asset Comparison
VanEck Low is currently under evaluation in net asset as compared to similar ETFs.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, VanEck Low will likely underperform.
VanEck Low Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in VanEck Low, profitability is also one of the essential criteria for including it into their portfolios because, without profit, VanEck Low will eventually generate negative long term returns. The profitability progress is the general direction of VanEck Low's change in net profit over the period of time. It can combine multiple indicators of VanEck Low, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund normally invests at least 80 percent of its total assets in stocks of low carbon energy companies. Vaneck Low is traded on NYSEARCA Exchange in the United States.
VanEck Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on VanEck Low. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of VanEck Low position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the VanEck Low's important profitability drivers and their relationship over time.
| Beta vs One Year Return | ||
| Three Year Return vs Net Asset | ||
| Beta vs Five Year Return | ||
| Ten Year Return vs Net Asset | ||
| Beta vs Equity Positions Weight |
Use VanEck Low in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VanEck Low position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VanEck Low will appreciate offsetting losses from the drop in the long position's value.VanEck Low Pair Trading
VanEck Low Carbon Pair Trading Analysis
The ability to find closely correlated positions to VanEck Low could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VanEck Low when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VanEck Low - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VanEck Low Carbon to buy it.
The correlation of VanEck Low is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VanEck Low moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VanEck Low Carbon moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for VanEck Low can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your VanEck Low position
In addition to having VanEck Low in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Sovereign ETFs Thematic Idea Now
Sovereign ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Sovereign ETFs theme has 17 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Sovereign ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out World Market Map. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
To fully project VanEck Low's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of VanEck Low Carbon at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include VanEck Low's income statement, its balance sheet, and the statement of cash flows.