Vanguard Sp Mid Cap Etf Market Value
| IVOV Etf | USD 103.46 1.69 1.66% |
| Symbol | Vanguard |
The market value of Vanguard SP Mid 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's value that differs from its market value or its book value, called intrinsic value, which is Vanguard'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's market value can be influenced by many factors that don't directly affect Vanguard'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard'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 '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'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.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Vanguard on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard SP Mid Cap or generate 0.0% return on investment in Vanguard over 30 days. Vanguard is related to or competes with Vanguard, Vanguard, Vanguard, Vanguard, and Vanguard Russell. The fund employs an indexing investment approach designed to track the performance of the SP MidCap 400 Value Index, whi... More
Vanguard 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'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 SP Mid Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.853 | |||
| Information Ratio | 0.0495 | |||
| Maximum Drawdown | 5.56 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 1.71 |
Vanguard Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard's standard deviation. In reality, there are many statistical measures that can use Vanguard historical prices to predict the future Vanguard's volatility.| Risk Adjusted Performance | 0.1381 | |||
| Jensen Alpha | 0.0261 | |||
| Total Risk Alpha | 0.0098 | |||
| Sortino Ratio | 0.0597 | |||
| Treynor Ratio | 0.1424 |
Vanguard SP Mid Backtested Returns
At this stage we consider Vanguard Etf to be very steady. Vanguard SP Mid owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the etf had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for Vanguard SP Mid Cap, which you can use to evaluate the volatility of the etf. Please validate Vanguard's Risk Adjusted Performance of 0.1381, semi deviation of 0.5789, and Coefficient Of Variation of 565.63 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. The entity has a beta of 1.21, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Vanguard will likely underperform.
Auto-correlation | 0.57 |
Modest predictability
Vanguard SP Mid Cap has modest predictability. Overlapping area represents the amount of predictability between Vanguard time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 SP Mid price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Vanguard price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 1.97 |
Vanguard SP Mid lagged returns against current returns
Autocorrelation, which is Vanguard 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's etf expected returns. We can calculate the autocorrelation of Vanguard returns to help us make a trade decision. For example, suppose you find that Vanguard 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 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 etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Lagged Returns
When evaluating Vanguard's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard etf have on its future price. Vanguard 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 autocorrelation shows the relationship between Vanguard etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard SP Mid Cap.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Vanguard Correlation, Vanguard Volatility and Vanguard Alpha and Beta module to complement your research on Vanguard. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Vanguard 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.