Vanguard Long Term Bond Etf Market Value
| BLV Etf | USD 70.23 0.09 0.13% |
| Symbol | Vanguard |
The market value of Vanguard Long Term is measured differently than its book value, which is the value of Vanguard that is recorded on the company's balance sheet. Investors also form their own opinion of Vanguard Long's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Long's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vanguard Long's market value can be influenced by many factors that don't directly affect Vanguard Long's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vanguard Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Long's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Vanguard Long 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Vanguard Long's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Vanguard Long.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Vanguard Long on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard Long Term Bond or generate 0.0% return on investment in Vanguard Long over 30 days. Vanguard Long is related to or competes with Vanguard Intermediate, Vanguard Short, Vanguard Long, Vanguard Long, and Vanguard Extended. This index includes all medium and larger issues of U.S More
Vanguard Long Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Vanguard Long's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Vanguard Long Term Bond upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 3.22 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 0.9819 |
Vanguard Long Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Long's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Long's standard deviation. In reality, there are many statistical measures that can use Vanguard Long historical prices to predict the future Vanguard Long's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | 0.5836 |
Vanguard Long Term Backtested Returns
Vanguard Long Term owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the etf had a -0.12% return per unit of risk over the last 3 months. Vanguard Long Term Bond exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vanguard Long's Risk Adjusted Performance of (0.09), coefficient of variation of (867.91), and Variance of 0.4321 to confirm the risk estimate we provide. The entity has a beta of -0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Vanguard Long are expected to decrease at a much lower rate. During the bear market, Vanguard Long is likely to outperform the market.
Auto-correlation | 0.35 |
Below average predictability
Vanguard Long Term Bond has below average predictability. Overlapping area represents the amount of predictability between Vanguard Long time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Vanguard Long Term price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Vanguard Long price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
Vanguard Long Term lagged returns against current returns
Autocorrelation, which is Vanguard Long etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Vanguard Long's etf expected returns. We can calculate the autocorrelation of Vanguard Long returns to help us make a trade decision. For example, suppose you find that Vanguard Long has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Vanguard Long regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Vanguard Long etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Long etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Long etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Long Lagged Returns
When evaluating Vanguard Long's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Long etf have on its future price. Vanguard Long autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Vanguard Long autocorrelation shows the relationship between Vanguard Long etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Long Term Bond.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Check out Vanguard Long Correlation, Vanguard Long Volatility and Vanguard Long Alpha and Beta module to complement your research on Vanguard Long. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Vanguard Long technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.