(VEVE) Vanguard FTSE Developed - Ratings and Ratios

The Vanguard FTSE Developed World UCITS ETF USD Distributing CHF is an exchange-traded fund that tracks the Morningstar Global TME NR USD index, providing investors with exposure to a broad range of global large-cap equities. With its origins in Switzerland, this ETF is designed to offer a diversified portfolio, blending stocks from various sectors and industries across developed markets.

From a technical standpoint, the ETFs price action suggests a potential bullish trend. The current price of 93.55 is above its 20-day Simple Moving Average (SMA) of 92.39, indicating a short-term uptrend. Moreover, the 50-day SMA of 88.85 is below the current price, further reinforcing this bullish sentiment. However, the ETFs price is slightly above its 200-day SMA of 92.91, suggesting a relatively stable long-term trend. The Average True Range (ATR) of 1.13, equivalent to 1.21%, indicates moderate volatility.

Fundamentally, the ETFs Assets Under Management (AUM) stand at 3459.88M CHF, demonstrating a significant presence in the market. As the ETF tracks the Morningstar Global TME NR USD index, its performance is closely tied to the overall global equity market. Given the current economic landscape, the ETF is likely to be influenced by factors such as global GDP growth, interest rates, and trade policies.

Based on the technical and fundamental data, a forecast for the Vanguard FTSE Developed World UCITS ETF USD Distributing CHF can be made. If the global economy continues to grow, and the current uptrend persists, the ETFs price may reach the upper end of its 52-week range, potentially testing the 101.03 level. Conversely, if the market experiences a downturn, the ETFs price may decline towards its 52-week low of 78.77. Therefore, investors may consider a buy-and-hold strategy, taking advantage of the ETFs diversification and the potential for long-term growth, while being mindful of the associated risks and market volatility.