Van Eck Etf Technical Analysis
| RSXJ Etf | USD 11.18 0.00 0.00% |
As of the 11th of December 2024, Van Eck has the Variance of 0.0088, risk adjusted performance of (0.07), and Coefficient Of Variation of 216285.85. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Van Eck, as well as the relationship between them.
Van Eck Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Van, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VanVan |
Van Eck 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.
Van Eck Technical Analysis
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Van Eck Trend Analysis
Use this graph to draw trend lines for Van Eck. You can use it to identify possible trend reversals for Van Eck as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Van Eck price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Van Eck Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Van Eck applied against its price change over selected period. The best fit line has a slop of 0.0002 , which may suggest that Van Eck market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Van Eck price change compared to its average price change.About Van Eck Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Van Eck on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Van Eck based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Van Eck price pattern first instead of the macroeconomic environment surrounding Van Eck. By analyzing Van Eck's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Van Eck's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Van Eck specific price patterns or momentum indicators. Please read more on our technical analysis page.
Van Eck December 11, 2024 Technical Indicators
Most technical analysis of Van help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Van from various momentum indicators to cycle indicators. When you analyze Van charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (0.34) | |||
| Mean Deviation | 0.0163 | |||
| Coefficient Of Variation | 216285.85 | |||
| Standard Deviation | 0.0939 | |||
| Variance | 0.0088 | |||
| Information Ratio | (1.32) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.35) | |||
| Maximum Drawdown | 1.07 | |||
| Skewness | 0.0458 | |||
| Kurtosis | 32.5 |
Van Eck One Year Return
Based on the recorded statements, Van Eck has an One Year Return of -98.63%. This is much higher than that of the VanEck family and notably higher than that of the Miscellaneous Region category. The one year return for all United States etfs is notably higher than that of the company.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of Van Eck is measured differently than its book value, which is the value of Van that is recorded on the company's balance sheet. Investors also form their own opinion of Van Eck's value that differs from its market value or its book value, called intrinsic value, which is Van Eck'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 Van Eck's market value can be influenced by many factors that don't directly affect Van Eck'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 Van Eck's value and its price as these two are different measures arrived at by different means. Investors typically determine if Van Eck is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Van Eck'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.