Vaneck Oil Services Etf Fundamentals
| OIH Etf | USD 323.86 2.63 0.82% |
VanEck Oil Services fundamentals help investors to digest information that contributes to VanEck Oil's financial success or failures. It also enables traders to predict the movement of VanEck Etf. The fundamental analysis module provides a way to measure VanEck Oil's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to VanEck Oil etf.
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VanEck Oil Services ETF Price To Earning Analysis
VanEck Oil's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current VanEck Oil Price To Earning | 13.28 X |
Most of VanEck Oil's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, VanEck Oil Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, VanEck Oil Services has a Price To Earning of 13.28 times. This is 386.45% higher than that of the VanEck family and significantly higher than that of the Equity Energy category. The price to earning for all United States etfs is notably lower than that of the firm.
VanEck Oil Services Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VanEck Oil's current stock value. Our valuation model uses many indicators to compare VanEck Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VanEck Oil competition to find correlations between indicators driving VanEck Oil's intrinsic value. More Info.VanEck Oil Services is rated number one ETF in price to earning as compared to similar ETFs. It is rated number one ETF in price to book as compared to similar ETFs fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for VanEck Oil Services is roughly 12.77 . Comparative valuation analysis is a catch-all model that can be used if you cannot value VanEck Oil by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for VanEck Oil's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the VanEck Oil's earnings, one of the primary drivers of an investment's value.VanEck Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VanEck Oil's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of VanEck Oil could also be used in its relative valuation, which is a method of valuing VanEck Oil by comparing valuation metrics of similar companies.VanEck Oil is currently under evaluation in price to earning as compared to similar ETFs.
Fund Asset Allocation for VanEck Oil
The fund invests 99.94% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides VanEck Oil's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
VanEck Fundamentals
| Shares Owned By Insiders | 0.03 % | |||
| Shares Owned By Institutions | 29.47 % | |||
| Price To Earning | 13.28 X | |||
| Price To Book | 1.04 X | |||
| Price To Sales | 1.21 X | |||
| Number Of Employees | 201 | |||
| Beta | 0.98 | |||
| Total Asset | 2.57 B | |||
| One Year Return | 14.30 % | |||
| Three Year Return | 22.30 % | |||
| Five Year Return | (0.70) % | |||
| Ten Year Return | (9.20) % | |||
| Net Asset | 2.57 B | |||
| Last Dividend Paid | 5.82 | |||
| Equity Positions Weight | 99.94 % |
About VanEck Oil Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VanEck Oil Services's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VanEck Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VanEck Oil Services based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Oil is traded on NYSEARCA Exchange in the United States.
VanEck Oil Implied Volatility | 32.43 |
VanEck Oil's implied volatility exposes the market's sentiment of VanEck Oil Services stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if VanEck Oil's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that VanEck Oil stock will not fluctuate a lot when VanEck Oil's options are near their expiration.
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 Oil 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 Oil's short interest history, or implied volatility extrapolated from VanEck Oil options trading.
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The market value of VanEck Oil Services 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 Oil's value that differs from its market value or its book value, called intrinsic value, which is VanEck Oil'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 Oil's market value can be influenced by many factors that don't directly affect VanEck Oil'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 Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Oil'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.