(NLR) VanEck Uranium+Nuclear - Ratings and Ratios

The VanEck Uranium+Nuclear Energy ETF (NLR) is a USA-originated ETF categorized under the Miscellaneous Sector. As a nuclear energy-focused ETF, NLRs performance is closely tied to the global demand for nuclear energy, uranium prices, and the overall sentiment towards nuclear power as a clean energy source.

Key economic drivers for NLR include government policies supporting nuclear energy, advancements in nuclear technology, and the global transition towards cleaner energy sources. The ETFs holdings likely comprise companies involved in uranium mining, nuclear reactor construction, and nuclear energy production. The growth of nuclear energy as a low-carbon alternative to fossil fuels is a significant driver, with the International Energy Agency (IEA) forecasting an increase in nuclear capacity to meet climate goals.

To evaluate NLRs performance, key performance indicators (KPIs) such as the uranium spot price, nuclear energy production levels, and the ETFs tracking error against its underlying index are crucial. The ETFs expense ratio, trading volume, and Assets Under Management (AUM) of $2041.99M USD are also important metrics. NLRs beta of 0.870 indicates a slightly lower volatility compared to the broader market, making it potentially attractive to investors seeking exposure to the nuclear energy sector with relatively managed risk.

The support levels for NLR, ranging from $82.8 to $109.6, indicate potential price floors that could be tested during market downturns. Investors should monitor these levels, along with the ETFs moving averages and Average True Range (ATR), to gauge the ETFs price movements and potential trading opportunities.