Vaneck Junior Gold Etf Alpha and Beta Analysis
| GDXJ Etf | USD 50.84 1.54 3.12% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as VanEck Junior Gold. It also helps investors analyze the systematic and unsystematic risks associated with investing in VanEck Junior over a specified time horizon. Remember, high VanEck Junior's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to VanEck Junior's market risk premium analysis include:
Beta (0.17) | Alpha 0.25 | Risk 2.11 | Sharpe Ratio 0.0384 | Expected Return 0.081 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
VanEck |
VanEck Junior Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. VanEck Junior market risk premium is the additional return an investor will receive from holding VanEck Junior long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck Junior. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate VanEck Junior's performance over market.| α | 0.25 | β | -0.17 |
VanEck Junior expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of VanEck Junior's Buy-and-hold return. Our buy-and-hold chart shows how VanEck Junior performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.VanEck Junior Market Price Analysis
Market price analysis indicators help investors to evaluate how VanEck Junior etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VanEck Junior shares will generate the highest return on investment. By understating and applying VanEck Junior etf market price indicators, traders can identify VanEck Junior position entry and exit signals to maximize returns.
VanEck Junior Return and Market Media
The median price of VanEck Junior for the period between Fri, Sep 13, 2024 and Thu, Dec 12, 2024 is 49.0 with a coefficient of variation of 4.95. The daily time series for the period is distributed with a sample standard deviation of 2.44, arithmetic mean of 49.26, and mean deviation of 1.87. The Etf received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Golds rally to records shows no signs of slowing | 09/17/2024 |
2 | Investment Analysis - Stock Traders Daily | 09/27/2024 |
3 | Golds Race To 3,000 Mohamed El-Erian Says US And Other Western Nations Cant Afford To Ignore It | 10/21/2024 |
4 | Nations Financial Group Inc. IA ADV Raises Holdings in VanEck Junior Gold Miners ETF | 11/13/2024 |
5 | How to Take Advantage of moves in - Stock Traders Daily | 11/20/2024 |
6 | Junior Gold Miners ETF Experiences Big Outflow - Nasdaq | 12/02/2024 |
7 | VanEck Junior Gold Miners ETF Shares Purchased by National Bank of Canada FI | 12/11/2024 |
About VanEck Junior Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including VanEck or other etfs. Alpha measures the amount that position in VanEck Junior Gold has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards VanEck Junior in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, VanEck Junior's short interest history, or implied volatility extrapolated from VanEck Junior options trading.
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Check out VanEck Junior Backtesting, Portfolio Optimization, VanEck Junior Correlation, VanEck Junior Hype Analysis, VanEck Junior Volatility, VanEck Junior History and analyze VanEck Junior Performance. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
VanEck Junior 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.