Vanguard Esg Corporate Etf Market Value
| VCEB Etf | USD 62.73 0.06 0.1% |
| Symbol | Vanguard |
The market value of Vanguard ESG Corporate 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 ESG's value that differs from its market value or its book value, called intrinsic value, which is Vanguard ESG'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 ESG's market value can be influenced by many factors that don't directly affect Vanguard ESG'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 ESG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard ESG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard ESG'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 ESG '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 ESG'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 ESG.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Vanguard ESG on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Vanguard ESG Corporate or generate 0.0% return on investment in Vanguard ESG over 720 days. Vanguard ESG is related to or competes with Senstar Technologies, ImmuCell, Anika Therapeutics, Morningstar Unconstrained, High-yield Municipal, Thrivent High, and Via Renewables. The index excludes bonds with maturities of less than 1 year and with less than 750 million outstanding, and is screened... More
Vanguard ESG 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 ESG'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 ESG Corporate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.45) | |||
| Maximum Drawdown | 1.69 | |||
| Value At Risk | (0.59) | |||
| Potential Upside | 0.5039 |
Vanguard ESG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard ESG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard ESG's standard deviation. In reality, there are many statistical measures that can use Vanguard ESG historical prices to predict the future Vanguard ESG's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 4.97 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard ESG's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Vanguard ESG Corporate Backtested Returns
Vanguard ESG Corporate owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.068, which indicates the etf had a -0.068% return per unit of risk over the last 3 months. Vanguard ESG Corporate exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vanguard ESG's Risk Adjusted Performance of (0.05), coefficient of variation of (2,109), and Variance of 0.1047 to confirm the risk estimate we provide. The entity has a beta of -0.0051, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Vanguard ESG are expected to decrease at a much lower rate. During the bear market, Vanguard ESG is likely to outperform the market.
Auto-correlation | -0.5 |
Modest reverse predictability
Vanguard ESG Corporate has modest reverse predictability. Overlapping area represents the amount of predictability between Vanguard ESG time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 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 ESG Corporate price movement. The serial correlation of -0.5 indicates that about 50.0% of current Vanguard ESG price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 2.22 |
Vanguard ESG Corporate lagged returns against current returns
Autocorrelation, which is Vanguard ESG 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 ESG's etf expected returns. We can calculate the autocorrelation of Vanguard ESG returns to help us make a trade decision. For example, suppose you find that Vanguard ESG 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 ESG 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 ESG etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard ESG etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard ESG etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard ESG Lagged Returns
When evaluating Vanguard ESG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard ESG etf have on its future price. Vanguard ESG 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 ESG autocorrelation shows the relationship between Vanguard ESG etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard ESG Corporate.
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 ESG Corporate offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vanguard ESG's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vanguard Esg Corporate Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vanguard Esg Corporate Etf:Check out Vanguard ESG Correlation, Vanguard ESG Volatility and Vanguard ESG Alpha and Beta module to complement your research on Vanguard ESG. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Vanguard ESG 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.