Vaneck Biotech Etf Alpha and Beta Analysis
| BBH Etf | USD 157.33 0.18 0.11% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as VanEck Biotech ETF. It also helps investors analyze the systematic and unsystematic risks associated with investing in VanEck Biotech over a specified time horizon. Remember, high VanEck Biotech'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 Biotech's market risk premium analysis include:
Beta 1.17 | Alpha (0.20) | Risk 1 | Sharpe Ratio (0.09) | Expected Return (0.09) |
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 Biotech Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. VanEck Biotech market risk premium is the additional return an investor will receive from holding VanEck Biotech 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 Biotech. 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 Biotech's performance over market.| α | -0.2 | β | 1.17 |
VanEck Biotech 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 Biotech's Buy-and-hold return. Our buy-and-hold chart shows how VanEck Biotech performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.VanEck Biotech Market Price Analysis
Market price analysis indicators help investors to evaluate how VanEck Biotech 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 Biotech shares will generate the highest return on investment. By understating and applying VanEck Biotech etf market price indicators, traders can identify VanEck Biotech position entry and exit signals to maximize returns.
VanEck Biotech Return and Market Media
The median price of VanEck Biotech for the period between Thu, Jan 25, 2024 and Wed, Apr 24, 2024 is 164.44 with a coefficient of variation of 2.45. The daily time series for the period is distributed with a sample standard deviation of 4.0, arithmetic mean of 163.22, and mean deviation of 3.04. The Etf received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Where Are Biotech ETFs Headed After Q4 Earnings | 02/14/2024 |
2 | LPL Financial LLC Sells 2916 Shares of VanEck Biotech ETF - Defense World | 03/07/2024 |
3 | Should You Invest in the VanEck Biotech ETF - Yahoo Movies Canada | 04/23/2024 |
About VanEck Biotech 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 Biotech ETF 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 Biotech 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 Biotech's short interest history, or implied volatility extrapolated from VanEck Biotech options trading.
Build Portfolio with VanEck Biotech
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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Check out VanEck Biotech Backtesting, Portfolio Optimization, VanEck Biotech Correlation, VanEck Biotech Hype Analysis, VanEck Biotech Volatility, VanEck Biotech History and analyze VanEck Biotech Performance. Note that the VanEck Biotech ETF information on this page should be used as a complementary analysis to other VanEck Biotech's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
VanEck Biotech 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.