(SLX) VanEck Steel - Ratings and Ratios
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US92189F2056 • Natural Resources
SLX: Iron, Steel, Mining, Metals, Industry
The fund normally invests at least 80% of its total assets in common stocks and depositary receipts of companies involved in the steel sector. Such companies may include small- and medium-capitalization companies and foreign and emerging market issuers. It may concentrate its investments in a particular industry or group of industries to the extent that the Steel Index concentrates in an industry or group of industries. The fund is non-diversified. ‣ Company URL: http://www.vaneck.com ‣ Domicile: United States
Additional Sources for SLX ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
SLX ETF Overview
| Market Cap in USD | 75m |
| Category | Natural Resources |
| TER | 0.56% |
| IPO / Inception | 2006-10-10 |
SLX ETF Ratings
| Growth 5y | 59.4% |
| Fundamental | - |
| Dividend | 56.5% |
| Rel. Strength Industry | -132 |
| Analysts | - |
| Fair Price Momentum | 58.89 USD |
| Fair Price DCF | - |
SLX Dividends
| Dividend Yield 12m | 3.44% |
| Yield on Cost 5y | 7.36% |
| Annual Growth 5y | 20.06% |
| Payout Consistency | 81.1% |
SLX Growth Ratios
| Growth Correlation 3m | -62.7% |
| Growth Correlation 12m | -51.6% |
| Growth Correlation 5y | 90.5% |
| CAGR 5y | 16.42% |
| CAGR/Mean DD 5y | 1.41 |
| Sharpe Ratio 12m | -0.55 |
| Alpha | -39.42 |
| Beta | 1.16 |
| Volatility | 23.76% |
| Current Volume | 7.8k |
| Average Volume 20d | 15.2k |
What is the price of SLX stocks?
As of January 23, 2025, the stock is trading at USD 60.39 with a total of 7,800 shares traded.
Over the past week, the price has changed by -0.25%, over one month by +2.85%, over three months by -7.46% and over the past year by -8.71%.
As of January 23, 2025, the stock is trading at USD 60.39 with a total of 7,800 shares traded.
Over the past week, the price has changed by -0.25%, over one month by +2.85%, over three months by -7.46% and over the past year by -8.71%.
Is VanEck Steel a good stock to buy?
Partly, yes. Based on ValueRay Analyses, VanEck Steel (NYSE ARCA:SLX) is currently (January 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 59.40 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of SLX as of January 2025 is 58.89. This means that SLX is currently overvalued and has a potential downside of -2.48%.
Partly, yes. Based on ValueRay Analyses, VanEck Steel (NYSE ARCA:SLX) is currently (January 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 59.40 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of SLX as of January 2025 is 58.89. This means that SLX is currently overvalued and has a potential downside of -2.48%.
Is SLX a buy, sell or hold?
VanEck Steel has no consensus analysts rating.
VanEck Steel has no consensus analysts rating.
What are the forecast for SLX stock price target?
According to ValueRays Forecast Model, SLX VanEck Steel will be worth about 65.8 in January 2026. The stock is currently trading at 60.39. This means that the stock has a potential upside of +8.99%.
According to ValueRays Forecast Model, SLX VanEck Steel will be worth about 65.8 in January 2026. The stock is currently trading at 60.39. This means that the stock has a potential upside of +8.99%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 65.8 | 9% |