Vanguard Sumer Discretionary Fund Market Value
| VCDAX Fund | USD 187.95 0.53 0.28% |
| Symbol | Vanguard |
Vanguard Sumer '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 Sumer's mutual fund 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 Sumer.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Vanguard Sumer on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard Sumer Discretionary or generate 0.0% return on investment in Vanguard Sumer over 30 days. Vanguard Sumer is related to or competes with Vanguard Consumer, Vanguard Industrials, Vanguard Financials, Vanguard Information, and Vanguard Health. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Inde... More
Vanguard Sumer 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 Sumer's mutual fund 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 Sumer Discretionary upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.03 | |||
| Information Ratio | 0.0758 | |||
| Maximum Drawdown | 4.7 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 2.13 |
Vanguard Sumer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Sumer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Sumer's standard deviation. In reality, there are many statistical measures that can use Vanguard Sumer historical prices to predict the future Vanguard Sumer's volatility.| Risk Adjusted Performance | 0.1344 | |||
| Jensen Alpha | 0.0782 | |||
| Total Risk Alpha | 0.0373 | |||
| Sortino Ratio | 0.0837 | |||
| Treynor Ratio | 0.1716 |
Vanguard Sumer Discr Backtested Returns
Vanguard Sumer appears to be very steady, given 3 months investment horizon. Vanguard Sumer Discr owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Vanguard Sumer Discretionary, which you can use to evaluate the volatility of the fund. Please review Vanguard Sumer's Risk Adjusted Performance of 0.1344, coefficient of variation of 581.78, and Semi Deviation of 0.8564 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 1.08, which indicates a somewhat significant risk relative to the market. Vanguard Sumer returns are very sensitive to returns on the market. As the market goes up or down, Vanguard Sumer is expected to follow.
Auto-correlation | 0.16 |
Very weak predictability
Vanguard Sumer Discretionary has very weak predictability. Overlapping area represents the amount of predictability between Vanguard Sumer 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 Sumer Discr price movement. The serial correlation of 0.16 indicates that over 16.0% of current Vanguard Sumer price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 2.54 |
Vanguard Sumer Discr lagged returns against current returns
Autocorrelation, which is Vanguard Sumer mutual fund'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 Sumer's mutual fund expected returns. We can calculate the autocorrelation of Vanguard Sumer returns to help us make a trade decision. For example, suppose you find that Vanguard Sumer has exhibited high autocorrelation historically, and you observe that the mutual fund 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 Sumer 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 Sumer mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Sumer mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Sumer mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Sumer Lagged Returns
When evaluating Vanguard Sumer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Sumer mutual fund have on its future price. Vanguard Sumer 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 Sumer autocorrelation shows the relationship between Vanguard Sumer mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Sumer Discretionary.
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.Other Information on Investing in Vanguard Mutual Fund
Vanguard Sumer financial ratios help investors to determine whether Vanguard Mutual Fund 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 Sumer security.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |