Vanguard Balanced Portfolio Etf Market Value
| VBAL Etf | CAD 33.59 0.12 0.36% |
| Symbol | Vanguard |
Vanguard Balanced '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 Balanced'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 Balanced.
| 12/03/2023 |
| 11/27/2024 |
If you would invest 0.00 in Vanguard Balanced on December 3, 2023 and sell it all today you would earn a total of 0.00 from holding Vanguard Balanced Portfolio or generate 0.0% return on investment in Vanguard Balanced over 360 days. Vanguard Balanced is related to or competes with Vanguard Growth, Vanguard Conservative, IShares Core, Vanguard All, and IShares Core. The Vanguard Balanced ETF Portfolio seeks to provide long-term capital growth with a moderate level of income by investi... More
Vanguard Balanced 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 Balanced'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 Balanced Portfolio upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3271 | |||
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 1.49 | |||
| Value At Risk | (0.49) | |||
| Potential Upside | 0.574 |
Vanguard Balanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Balanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Balanced's standard deviation. In reality, there are many statistical measures that can use Vanguard Balanced historical prices to predict the future Vanguard Balanced's volatility.| Risk Adjusted Performance | 0.1538 | |||
| Jensen Alpha | 0.0432 | |||
| Total Risk Alpha | 0.0106 | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | 0.3591 |
Vanguard Balanced Backtested Returns
As of now, Vanguard Etf is very steady. Vanguard Balanced owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the etf had a 0.25% return per unit of risk over the last 3 months. We have found thirty technical indicators for Vanguard Balanced Portfolio, which you can use to evaluate the volatility of the etf. Please validate Vanguard Balanced's Coefficient Of Variation of 460.84, semi deviation of 0.0995, and Risk Adjusted Performance of 0.1538 to confirm if the risk estimate we provide is consistent with the expected return of 0.0876%. The entity has a beta of 0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vanguard Balanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard Balanced is expected to be smaller as well.
Auto-correlation | 0.88 |
Very good predictability
Vanguard Balanced Portfolio has very good predictability. Overlapping area represents the amount of predictability between Vanguard Balanced time series from 3rd of December 2023 to 31st of May 2024 and 31st of May 2024 to 27th 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 Balanced price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Vanguard Balanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.73 |
Vanguard Balanced lagged returns against current returns
Autocorrelation, which is Vanguard Balanced 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 Balanced's etf expected returns. We can calculate the autocorrelation of Vanguard Balanced returns to help us make a trade decision. For example, suppose you find that Vanguard Balanced 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 Balanced 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 Balanced etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Balanced etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Balanced etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Balanced Lagged Returns
When evaluating Vanguard Balanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Balanced etf have on its future price. Vanguard Balanced 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 Balanced autocorrelation shows the relationship between Vanguard Balanced etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Balanced Portfolio.
Regressed Prices |
| Timeline |
Pair Trading with Vanguard Balanced
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vanguard Balanced position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vanguard Balanced will appreciate offsetting losses from the drop in the long position's value.Moving together with Vanguard Etf
| 0.95 | VCNS | Vanguard Conservative ETF | PairCorr |
| 1.0 | XBAL | iShares Core Balanced | PairCorr |
| 0.77 | ZMI | BMO Monthly Income | PairCorr |
| 0.95 | GBAL | iShares ESG Balanced | PairCorr |
Moving against Vanguard Etf
| 0.98 | HXD | BetaPro SPTSX 60 | PairCorr |
| 0.97 | HIU | BetaPro SP 500 | PairCorr |
| 0.95 | HQD | BetaPro NASDAQ 100 | PairCorr |
| 0.58 | HED | BetaPro SPTSX Capped | PairCorr |
| 0.43 | HUN | Global X Natural | PairCorr |
The ability to find closely correlated positions to Vanguard Balanced could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vanguard Balanced when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vanguard Balanced - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vanguard Balanced Portfolio to buy it.
The correlation of Vanguard Balanced is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vanguard Balanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vanguard Balanced moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vanguard Balanced can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Vanguard Etf
Vanguard Balanced financial ratios help investors to determine whether Vanguard Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Vanguard with respect to the benefits of owning Vanguard Balanced security.