Vanguard Total Bond Etf Market Value
| BND Etf | USD 73.42 0.04 0.05% |
| Symbol | Vanguard |
The market value of Vanguard Total Bond 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 Total's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Total'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 Total's market value can be influenced by many factors that don't directly affect Vanguard Total'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 Total's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Total is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Total'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 Total '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 Total'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 Total.
| 09/10/2023 |
| 12/03/2024 |
If you would invest 0.00 in Vanguard Total on September 10, 2023 and sell it all today you would earn a total of 0.00 from holding Vanguard Total Bond or generate 0.0% return on investment in Vanguard Total over 450 days. Vanguard Total is related to or competes with Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Real, and Vanguard FTSE. This index measures the performance of a wide spectrum of public, investment-grade, taxable, fixed income securities in ... More
Vanguard Total 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 Total'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 Total Bond upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.41) | |||
| Maximum Drawdown | 1.35 | |||
| Value At Risk | (0.60) | |||
| Potential Upside | 0.4337 |
Vanguard Total Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Total's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Total's standard deviation. In reality, there are many statistical measures that can use Vanguard Total historical prices to predict the future Vanguard Total's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.2361 |
Vanguard Total Bond Backtested Returns
Vanguard Total Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0454, which indicates the etf had a -0.0454% return per unit of risk over the last 3 months. Vanguard Total Bond exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vanguard Total's Risk Adjusted Performance of (0.02), coefficient of variation of (9,114), and Variance of 0.0979 to confirm the risk estimate we provide. The entity has a beta of -0.0569, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Vanguard Total are expected to decrease at a much lower rate. During the bear market, Vanguard Total is likely to outperform the market.
Auto-correlation | 0.81 |
Very good predictability
Vanguard Total Bond has very good predictability. Overlapping area represents the amount of predictability between Vanguard Total time series from 10th of September 2023 to 22nd of April 2024 and 22nd of April 2024 to 3rd of December 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 Total Bond price movement. The serial correlation of 0.81 indicates that around 81.0% of current Vanguard Total price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 2.61 |
Vanguard Total Bond lagged returns against current returns
Autocorrelation, which is Vanguard Total 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 Total's etf expected returns. We can calculate the autocorrelation of Vanguard Total returns to help us make a trade decision. For example, suppose you find that Vanguard Total 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 Total 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 Total etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Total etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Total etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Total Lagged Returns
When evaluating Vanguard Total's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Total etf have on its future price. Vanguard Total 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 Total autocorrelation shows the relationship between Vanguard Total etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Total Bond.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Vanguard Total Bond is a strong investment it is important to analyze Vanguard Total's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Vanguard Total's future performance. For an informed investment choice regarding Vanguard Etf, refer to the following important reports:Check out Vanguard Total Correlation, Vanguard Total Volatility and Vanguard Total Alpha and Beta module to complement your research on Vanguard Total. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Vanguard Total 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.