Vaneck Junior Gold Etf Volatility
| GDXJ Etf | USD 66.19 0.57 0.85% |
VanEck Junior is very steady at the moment. VanEck Junior Gold owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0228, which indicates the etf had a 0.0228 % return per unit of risk over the last 3 months. We have found thirty technical indicators for VanEck Junior Gold, which you can use to evaluate the volatility of the etf. Please validate VanEck Junior's Coefficient Of Variation of 1971.64, risk adjusted performance of 0.0536, and Semi Deviation of 2.45 to confirm if the risk estimate we provide is consistent with the expected return of 0.0557%. Key indicators related to VanEck Junior's volatility include:
90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
VanEck Junior Etf volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of VanEck daily returns, and it is calculated using variance and standard deviation. We also use VanEck's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of VanEck Junior volatility.
Downward market volatility can be a perfect environment for investors who play the long game with VanEck Junior. They may decide to buy additional shares of VanEck Junior at lower prices to lower the average cost per share, thereby improving their portfolio's performance when markets normalize.
Moving together with VanEck Etf
| 0.96 | GDX | VanEck Gold Miners | PairCorr |
| 0.93 | SIL | Global X Silver | PairCorr |
| 0.92 | SILJ | Amplify ETF Trust | PairCorr |
| 0.97 | SGDM | Sprott Gold Miners | PairCorr |
| 0.98 | SGDJ | Sprott Junior Gold | PairCorr |
| 0.99 | GOAU | US Global GO | PairCorr |
| 0.98 | GOEX | Global X Gold | PairCorr |
VanEck Junior Market Sensitivity And Downside Risk
VanEck Junior's beta coefficient measures the volatility of VanEck etf compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents VanEck etf's returns against your selected market. In other words, VanEck Junior's beta of -1.19 provides an investor with an approximation of how much risk VanEck Junior etf can potentially add to one of your existing portfolios. VanEck Junior Gold currently demonstrates below-average downside deviation. It has Information Ratio of -0.01 and Jensen Alpha of 0.27. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure VanEck Junior's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact VanEck Junior's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze VanEck Junior Gold Demand TrendCheck current 90 days VanEck Junior correlation with market (Dow Jones Industrial)VanEck Beta |
VanEck standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 2.45 |
It is essential to understand the difference between upside risk (as represented by VanEck Junior's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of VanEck Junior's daily returns or price. Since the actual investment returns on holding a position in vaneck etf tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in VanEck Junior.
Using VanEck Put Option to Manage Risk
Put options written on VanEck Junior grant holders of the option the right to sell a specified amount of VanEck Junior at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of VanEck Etf cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge VanEck Junior's position is by buying a put option against it. The put option used this way is usually referred to as insurance. If an undesired outcome occurs and loss on holding VanEck Junior will be realized, the loss incurred will be offset by the profits made with the option trade.
VanEck Junior's PUT expiring on 2025-09-19
Profit |
| VanEck Junior Price At Expiration |
Current VanEck Junior Insurance Chain
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | GDXJ250919P00056000 | -0.101435 | 0.018553 | 4 | 2025-09-19 | 0.48 - 0.54 | 0.0 | View |
Put | GDXJ250919P00057000 | -0.130814 | 0.021612 | 1 | 2025-09-19 | 0.6 - 0.78 | 0.0 | View |
Put | GDXJ250919P00058000 | -0.149746 | 0.024588 | 1 | 2025-09-19 | 0.75 - 0.82 | 0.0 | View |
Put | GDXJ250919P00059000 | -0.17848 | 0.0277 | 26 | 2025-09-19 | 0.94 - 1.01 | 0.0 | View |
Put | GDXJ250919P00060000 | -0.210639 | 0.030706 | 26 | 2025-09-19 | 1.17 - 1.24 | 0.0 | View |
Put | GDXJ250919P00061000 | -0.244394 | 0.03373 | 6 | 2025-09-19 | 1.43 - 1.6 | 0.0 | View |
Put | GDXJ250919P00062000 | -0.281215 | 0.036484 | 19 | 2025-09-19 | 1.72 - 1.81 | 0.0 | View |
Put | GDXJ250919P00063000 | -0.321151 | 0.038757 | 2 | 2025-09-19 | 2.05 - 2.26 | 0.0 | View |
Put | GDXJ250919P00064000 | -0.363436 | 0.040281 | 1 | 2025-09-19 | 2.47 - 2.56 | 0.0 | View |
Put | GDXJ250919P00066000 | -0.448883 | 0.042692 | 156 | 2025-09-19 | 3.35 - 3.5 | 0.0 | View |
Put | GDXJ250919P00067000 | -0.491916 | 0.043093 | 2 | 2025-09-19 | 3.85 - 4.05 | 0.0 | View |
VanEck Junior Gold Etf Volatility Analysis
Volatility refers to the frequency at which VanEck Junior etf price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with VanEck Junior's price changes. Investors will then calculate the volatility of VanEck Junior's etf to predict their future moves. A etf that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A etf with relatively stable price changes has low volatility. A highly volatile etf is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of VanEck Junior's volatility:
Historical Volatility
This type of etf volatility measures VanEck Junior's fluctuations based on previous trends. It's commonly used to predict VanEck Junior's future behavior based on its past. However, it cannot conclusively determine the future direction of the etf.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for VanEck Junior's current market price. This means that the etf will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on VanEck Junior's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. VanEck Junior Gold Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
VanEck Junior Projected Return Density Against Market
Given the investment horizon of 90 days VanEck Junior Gold has a beta of -1.1918 . This usually indicates as returns on its benchmark rise, returns on holding VanEck Junior Gold are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, VanEck Junior is expected to outperform its benchmark.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to VanEck Junior or VanEck sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that VanEck Junior's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a VanEck etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
VanEck Junior Gold has an alpha of 0.2699, implying that it can generate a 0.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a VanEck Junior Price Volatility?
Several factors can influence a etf's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.VanEck Junior Etf Risk Measures
Given the investment horizon of 90 days the coefficient of variation of VanEck Junior is 4393.17. The daily returns are distributed with a variance of 5.99 and standard deviation of 2.45. The mean deviation of VanEck Junior Gold is currently at 1.84. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.93
α | Alpha over Dow Jones | 0.27 | |
β | Beta against Dow Jones | -1.19 | |
σ | Overall volatility | 2.45 | |
Ir | Information ratio | -0.0068 |
VanEck Junior Etf Return Volatility
VanEck Junior historical daily return volatility represents how much of VanEck Junior etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The ETF firm inherits 2.4478% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.8352% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About VanEck Junior Volatility
Volatility is a rate at which the price of VanEck Junior or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of VanEck Junior may increase or decrease. In other words, similar to VanEck's beta indicator, it measures the risk of VanEck Junior and helps estimate the fluctuations that may happen in a short period of time. So if prices of VanEck Junior fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.3 ways to utilize VanEck Junior's volatility to invest better
Higher VanEck Junior's etf volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of VanEck Junior Gold etf is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. VanEck Junior Gold etf volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of VanEck Junior Gold investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in VanEck Junior's etf can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of VanEck Junior's etf relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
VanEck Junior Investment Opportunity
VanEck Junior Gold has a volatility of 2.45 and is 2.92 times more volatile than Dow Jones Industrial. 21 percent of all equities and portfolios are less risky than VanEck Junior. You can use VanEck Junior Gold to protect your portfolios against small market fluctuations. The etf experiences a moderate downward daily trend and can be a good diversifier. Check odds of VanEck Junior to be traded at $64.87 in 90 days.Very good diversification
The correlation between VanEck Junior Gold and DJI is -0.46 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding VanEck Junior Gold and DJI in the same portfolio, assuming nothing else is changed.
VanEck Junior Additional Risk Indicators
The analysis of VanEck Junior's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in VanEck Junior's investment and either accepting that risk or mitigating it. Along with some common measures of VanEck Junior etf's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.0536 | |||
| Market Risk Adjusted Performance | (0.09) | |||
| Mean Deviation | 1.87 | |||
| Semi Deviation | 2.45 | |||
| Downside Deviation | 2.51 | |||
| Coefficient Of Variation | 1971.64 | |||
| Standard Deviation | 2.45 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential etfs, we recommend comparing similar etfs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
VanEck Junior Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against VanEck Junior as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. VanEck Junior's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, VanEck Junior's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to VanEck Junior Gold.
When determining whether VanEck Junior Gold is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if VanEck Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Vaneck Junior Gold Etf. Highlighted below are key reports to facilitate an investment decision about Vaneck Junior Gold Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Junior Gold. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of VanEck Junior Gold 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 Junior's value that differs from its market value or its book value, called intrinsic value, which is VanEck Junior'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 Junior's market value can be influenced by many factors that don't directly affect VanEck Junior'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 Junior's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Junior is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Junior'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.