Vaneck Africa Index Etf Performance
| AFK Etf | USD 15.80 0.28 1.74% |
The entity has a beta of 0.65, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VanEck Africa's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Africa is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days VanEck Africa Index has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent technical and fundamental indicators, VanEck Africa is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
1 | Pivots Trading Plans and Risk Controls - Stock Traders Daily | 10/30/2024 |
| In Threey Sharp Ratio | -0.35 |
VanEck |
VanEck Africa Relative Risk vs. Return Landscape
If you would invest 1,678 in VanEck Africa Index on August 23, 2024 and sell it today you would lose (98.00) from holding VanEck Africa Index or give up 5.84% of portfolio value over 90 days. VanEck Africa Index is generating negative expected returns assuming volatility of 1.5459% on return distribution over 90 days investment horizon. In other words, 13% of etfs are less volatile than VanEck, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
VanEck Africa Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Africa's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VanEck Africa Index, and traders can use it to determine the average amount a VanEck Africa's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0532
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| Negative Returns | AFK |
Estimated Market Risk
| 1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VanEck Africa is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of VanEck Africa by adding VanEck Africa to a well-diversified portfolio.
VanEck Africa Fundamentals Growth
VanEck Etf prices reflect investors' perceptions of the future prospects and financial health of VanEck Africa, and VanEck Africa fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on VanEck Etf performance.
| Price To Earning | 12.90 X | |||
| Price To Book | 1.53 X | |||
| Price To Sales | 2.06 X | |||
| Total Asset | 43.36 M | |||
About VanEck Africa Performance
By examining VanEck Africa's fundamental ratios, stakeholders can obtain critical insights into VanEck Africa's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that VanEck Africa is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund normallyinvests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Africa is traded on NYSEARCA Exchange in the United States.| VanEck Africa Index generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Pivots Trading Plans and Risk Controls - Stock Traders Daily | |
| This fund generated-3.0 ten year return of -3.0% | |
| VanEck Africa holds 95.96% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck Africa Index. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of VanEck Africa Index 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 Africa's value that differs from its market value or its book value, called intrinsic value, which is VanEck Africa'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 Africa's market value can be influenced by many factors that don't directly affect VanEck Africa'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 Africa's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Africa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Africa'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.