Vaneck Etf Market Value

SMH
 Etf
  

USD 215.44  0.59  0.27%   

Vaneck Semiconductor's market value is the price at which a share of Vaneck Semiconductor stock trades on a public exchange. It measures the collective expectations of Vaneck Semiconductor ETF investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Vaneck Semiconductor ETF and determine expected loss or profit from investing in Vaneck Semiconductor over a given investment horizon. Additionally, take a look at Vaneck Semiconductor Correlation, Vaneck Semiconductor Volatility and Vaneck Semiconductor Alpha and Beta module to complement your research on Vaneck Semiconductor.
Symbol

The market value of Vaneck Semiconductor ETF 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 Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Vaneck Semiconductor'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 Semiconductor's market value can be influenced by many factors that don't directly affect Vaneck Semiconductor'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 Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine Vaneck Semiconductor value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vaneck Semiconductor'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 Semiconductor 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Vaneck Semiconductor's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Vaneck Semiconductor.
0.00
12/09/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
11/29/2022
0.00
If you would invest  0.00  in Vaneck Semiconductor on December 9, 2020 and sell it all today you would earn a total of 0.00 from holding Vaneck Semiconductor ETF or generate 0.0% return on investment in Vaneck Semiconductor over 720 days. Vaneck Semiconductor is related to or competes with Nasdaq Cybersecurity. The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index More

Vaneck Semiconductor Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Vaneck Semiconductor's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Vaneck Semiconductor ETF upside and downside potential and time the market with a certain degree of confidence.

Vaneck Semiconductor Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Vaneck Semiconductor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vaneck Semiconductor's standard deviation. In reality, there are many statistical measures that can use Vaneck Semiconductor historical prices to predict the future Vaneck Semiconductor's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Vaneck Semiconductor's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Vaneck Semiconductor in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
212.74215.44218.14
Details
Intrinsic
Valuation
LowReal ValueHigh
208.72211.42236.98
Details
Naive
Forecast
LowNext ValueHigh
208.61211.31214.01
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
177.02201.43225.83
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Vaneck Semiconductor. Your research has to be compared to or analyzed against Vaneck Semiconductor's peers to derive any actionable benefits. When done correctly, Vaneck Semiconductor's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Vaneck Semiconductor ETF.

Vaneck Semiconductor ETF Backtested Returns

We consider Vaneck Semiconductor very steady. Vaneck Semiconductor ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0155, which indicates the etf had 0.0155% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of an etf is to use all available market data together with etf-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Vaneck Semiconductor ETF, which you can use to evaluate the future volatility of the etf. Please validate Vaneck Semiconductor coefficient of variation of (16,823), and Risk Adjusted Performance of (0.0033) to confirm if the risk estimate we provide is consistent with the expected return of 0.0419%.
The entity has a beta of 1.5834, which indicates a somewhat significant risk relative to the market. Let's try to break down what Vaneck's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Vaneck Semiconductor will likely underperform. Although it is important to respect Vaneck Semiconductor ETF current price movements, it is better to be realistic regarding the information on the equity's historical returns. The philosophy towards measuring future performance of any etf is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Vaneck Semiconductor ETF technical indicators, you can presently evaluate if the expected return of 0.0419% will be sustainable into the future.

Auto-correlation

    
  -0.66  

Very good reverse predictability

Vaneck Semiconductor ETF has very good reverse predictability. Overlapping area represents the amount of predictability between Vaneck Semiconductor time series from 9th of December 2020 to 4th of December 2021 and 4th of December 2021 to 29th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Vaneck Semiconductor ETF price movement. The serial correlation of -0.66 indicates that around 66.0% of current Vaneck Semiconductor price fluctuation can be explain by its past prices.
Correlation Coefficient-0.66
Spearman Rank Test-0.78
Residual Average0.0
Price Variance1306.34

Vaneck Semiconductor ETF lagged returns against current returns

Autocorrelation, which is Vaneck Semiconductor etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Vaneck Semiconductor's etf expected returns. We can calculate the autocorrelation of Vaneck Semiconductor returns to help us make a trade decision. For example, suppose you find that Vaneck Semiconductor etf has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Vaneck Semiconductor regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Vaneck Semiconductor etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vaneck Semiconductor etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vaneck Semiconductor etf over time.
   Current vs Lagged Prices   
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       Timeline  

Vaneck Semiconductor Lagged Returns

When evaluating Vaneck Semiconductor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vaneck Semiconductor etf have on its future price. Vaneck Semiconductor autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Vaneck Semiconductor autocorrelation shows the relationship between Vaneck Semiconductor etf current value and its past values and can show if there is a momentum factor associated with investing in Vaneck Semiconductor ETF.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Vaneck Semiconductor without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at Vaneck Semiconductor Correlation, Vaneck Semiconductor Volatility and Vaneck Semiconductor Alpha and Beta module to complement your research on Vaneck Semiconductor. You can also try Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running Vaneck Semiconductor ETF price analysis, check to measure Vaneck Semiconductor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vaneck Semiconductor is operating at the current time. Most of Vaneck Semiconductor's value examination focuses on studying past and present price action to predict the probability of Vaneck Semiconductor's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Vaneck Semiconductor's price. Additionally, you may evaluate how the addition of Vaneck Semiconductor to your portfolios can decrease your overall portfolio volatility.
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Vaneck Semiconductor 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.
A focus of Vaneck Semiconductor technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Vaneck Semiconductor trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...