VanEck Defense (UK) Market Value
| DFNG Etf | 43.26 0.80 1.88% |
| Symbol | VanEck |
VanEck Defense '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 Defense'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 Defense.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in VanEck Defense on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding VanEck Defense ETF or generate 0.0% return on investment in VanEck Defense over 90 days. VanEck Defense is related to or competes with Vanguard FTSE, Leverage Shares, Amundi Index, Amundi Index, Leverage Shares, and Leverage Shares. VanEck Defense is entity of United Kingdom More
VanEck Defense 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 Defense'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 Defense ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.11 | |||
| Information Ratio | 0.0902 | |||
| Maximum Drawdown | 4.76 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 2.23 |
VanEck Defense Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Defense's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VanEck Defense's standard deviation. In reality, there are many statistical measures that can use VanEck Defense historical prices to predict the future VanEck Defense's volatility.| Risk Adjusted Performance | 0.2245 | |||
| Jensen Alpha | 0.2809 | |||
| Total Risk Alpha | 0.0583 | |||
| Sortino Ratio | 0.0931 | |||
| Treynor Ratio | (4.79) |
VanEck Defense ETF Backtested Returns
VanEck Defense appears to be very steady, given 3 months investment horizon. VanEck Defense ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the etf had a 0.26 % return per unit of risk over the last 3 months. We have found thirty technical indicators for VanEck Defense ETF, which you can use to evaluate the volatility of the etf. Please review VanEck Defense's Semi Deviation of 0.7943, coefficient of variation of 405.81, and Risk Adjusted Performance of 0.2245 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of -0.0566, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning VanEck Defense are expected to decrease at a much lower rate. During the bear market, VanEck Defense is likely to outperform the market.
Auto-correlation | 0.72 |
Good predictability
VanEck Defense ETF has good predictability. Overlapping area represents the amount of predictability between VanEck Defense time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 2025. 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 Defense ETF price movement. The serial correlation of 0.72 indicates that around 72.0% of current VanEck Defense price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.85 |
VanEck Defense ETF lagged returns against current returns
Autocorrelation, which is VanEck Defense 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 Defense's etf expected returns. We can calculate the autocorrelation of VanEck Defense returns to help us make a trade decision. For example, suppose you find that VanEck Defense has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
VanEck Defense 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 Defense etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VanEck Defense etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VanEck Defense etf over time.
Current vs Lagged Prices |
| Timeline |
VanEck Defense Lagged Returns
When evaluating VanEck Defense's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VanEck Defense etf have on its future price. VanEck Defense 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 Defense autocorrelation shows the relationship between VanEck Defense etf current value and its past values and can show if there is a momentum factor associated with investing in VanEck Defense ETF.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in VanEck Etf
VanEck Defense financial ratios help investors to determine whether VanEck Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in VanEck with respect to the benefits of owning VanEck Defense security.