AFK 📈 VanEck Africa Index - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US92189F8665 • Miscellaneous Region
AFK: South African, Nigerian, Egyptian, Moroccan, Tunisian, Stocks, Bonds
The fund normallyinvests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes securities of African companies. African companies generally include local listings of companies that are incorporated in Africa and listings of companies incorporated outside of Africa but that have at least 50% of their revenues/related assets in Africa. ‣ Company URL: http://www.vaneck.com ‣ Domicile: United States ‣ Index Name: MVIS GDP Africa
Additional Sources for AFK ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
AFK ETF Overview
| Market Cap in USD | 45m |
| Category | Miscellaneous Region |
| TER | 0.98% |
| IPO / Inception | 2008-07-10 |
AFK ETF Ratings
| Growth 5y | -5.20% |
| Fundamental | - |
| Dividend | 2.88% |
| Rel. Strength Industry | -57.4 |
| Analysts | - |
| Fair Price Momentum | 14.82 USD |
| Fair Price DCF | - |
AFK Dividends
| Dividend Yield 12m | 0.00% |
| Yield on Cost 5y | % |
| Annual Growth 5y | -100.00% |
| Payout Consistency | 84.6% |
AFK Growth Ratios
| Growth Correlation 3m | -68.6% |
| Growth Correlation 12m | 82.4% |
| Growth Correlation 5y | -26.8% |
| CAGR 5y | -2.26% |
| CAGR/Mean DD 5y | -0.12 |
| Sharpe Ratio 12m | 0.49 |
| Alpha | -10.54 |
| Beta | 0.85 |
| Volatility | 23.30% |
| Current Volume | 5k |
| Average Volume 20d | 10.7k |
What is the price of AFK stocks?
As of December 27, 2024, the stock is trading at USD 15.73 with a total of 5,000 shares traded.
Over the past week, the price has changed by +0.51%, over one month by -2.05%, over three months by -8.81% and over the past year by +11.96%.
As of December 27, 2024, the stock is trading at USD 15.73 with a total of 5,000 shares traded.
Over the past week, the price has changed by +0.51%, over one month by -2.05%, over three months by -8.81% and over the past year by +11.96%.
Is VanEck Africa Index a good stock to buy?
Neither. Based on ValueRay Analyses, VanEck Africa Index is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of -5.20 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of AFK as of December 2024 is 14.82. This means that AFK is currently overvalued and has a potential downside of -5.79%.
Neither. Based on ValueRay Analyses, VanEck Africa Index is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of -5.20 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of AFK as of December 2024 is 14.82. This means that AFK is currently overvalued and has a potential downside of -5.79%.
Is AFK a buy, sell or hold?
VanEck Africa Index has no consensus analysts rating.
VanEck Africa Index has no consensus analysts rating.
What are the forecast for AFK stock price target?
According to ValueRays Forecast Model, AFK VanEck Africa Index will be worth about 16.4 in December 2025. The stock is currently trading at 15.73. This means that the stock has a potential upside of +4.32%.
According to ValueRays Forecast Model, AFK VanEck Africa Index will be worth about 16.4 in December 2025. The stock is currently trading at 15.73. This means that the stock has a potential upside of +4.32%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 16.4 | 4.3% |