(VEVE) Vanguard FTSE Developed - Ratings and Ratios

The Vanguard FTSE Developed World UCITS ETF (Ticker: VEVE) is a Netherlands-domiciled exchange-traded fund designed to track the performance of large-cap companies across developed markets globally. The ETF is listed on the Amsterdam Stock Exchange (AS) and is categorized under Global Large-Cap Blend Equity. It provides exposure to a diversified portfolio of equities from developed economies, offering a blend of growth and value investments.

From a technical perspective, VEVE has shown a price decline over the past 20 days, with its 20-day moving average (SMA 20) at 90.89, below its 50-day moving average (SMA 50) at 97.18. The 200-day moving average (SMA 200) stands at 98.29, indicating a bearish trend in the medium term. The Average True Range (ATR) of 2.33 reflects moderate volatility, while the last price of 91.50 suggests a 1.34% decline over the past 20 days.

Fundamentally, the ETF manages an asset base of 3,436.02 million EUR, underscoring its liquidity and investor confidence. As a UCITS-compliant fund, it adheres to stringent regulatory standards, ensuring transparency and investor protection. The funds expense ratio, while not explicitly stated here, is typically competitive for a global equity ETF, aligning with Vanguards reputation for cost-efficient investment products.

3-Month Forecast: Based on the current technical and fundamental data, VEVE is expected to face headwinds in the near term. The downward crossover of the SMA 20 below the SMA 50 and SMA 200 signals bearish momentum, potentially leading to a price target of 88.00-89.00 in the next three months. However, support levels near 90.00 could limit downside risks. The ATR of 2.33 suggests average price fluctuations of ±2.33, translating to an expected trading range of 89.17 to 93.83 over the period.