Vanguard Consumer Staples Etf Market Value
| VDC Etf | USD 220.23 2.36 1.08% |
| Symbol | Vanguard |
The market value of Vanguard Consumer Staples 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 Consumer's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Consumer'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 Consumer's market value can be influenced by many factors that don't directly affect Vanguard Consumer'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 Consumer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Consumer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Consumer'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 Consumer '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 Consumer'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 Consumer.
| 06/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Vanguard Consumer on June 4, 2023 and sell it all today you would earn a total of 0.00 from holding Vanguard Consumer Staples or generate 0.0% return on investment in Vanguard Consumer over 540 days. Vanguard Consumer is related to or competes with Vanguard Consumer, Vanguard Utilities, Vanguard Industrials, Vanguard Materials, and Vanguard Health. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Inde... More
Vanguard Consumer 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 Consumer'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 Consumer Staples upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5586 | |||
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 2.09 | |||
| Value At Risk | (0.91) | |||
| Potential Upside | 0.8257 |
Vanguard Consumer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Consumer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Consumer's standard deviation. In reality, there are many statistical measures that can use Vanguard Consumer historical prices to predict the future Vanguard Consumer's volatility.| Risk Adjusted Performance | 0.0542 | |||
| Jensen Alpha | 0.0146 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | 0.2179 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard Consumer'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 Consumer Staples Backtested Returns
At this point, Vanguard Consumer is very steady. Vanguard Consumer Staples owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0461, which indicates the etf had a 0.0461% return per unit of risk over the last 3 months. We have found thirty technical indicators for Vanguard Consumer Staples, which you can use to evaluate the volatility of the etf. Please validate Vanguard Consumer's Coefficient Of Variation of 1328.36, risk adjusted performance of 0.0542, and Semi Deviation of 0.4986 to confirm if the risk estimate we provide is consistent with the expected return of 0.0262%. The entity has a beta of 0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vanguard Consumer's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard Consumer is expected to be smaller as well.
Auto-correlation | 0.08 |
Virtually no predictability
Vanguard Consumer Staples has virtually no predictability. Overlapping area represents the amount of predictability between Vanguard Consumer time series from 4th of June 2023 to 29th of February 2024 and 29th of February 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 Consumer Staples price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Vanguard Consumer price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 60.71 |
Vanguard Consumer Staples lagged returns against current returns
Autocorrelation, which is Vanguard Consumer 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 Consumer's etf expected returns. We can calculate the autocorrelation of Vanguard Consumer returns to help us make a trade decision. For example, suppose you find that Vanguard Consumer 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 Consumer 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 Consumer etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Consumer etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Consumer etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Consumer Lagged Returns
When evaluating Vanguard Consumer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Consumer etf have on its future price. Vanguard Consumer 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 Consumer autocorrelation shows the relationship between Vanguard Consumer etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Consumer Staples.
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 Consumer Staples offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vanguard Consumer'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 Consumer Staples Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vanguard Consumer Staples Etf:Check out Vanguard Consumer Correlation, Vanguard Consumer Volatility and Vanguard Consumer Alpha and Beta module to complement your research on Vanguard Consumer. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Vanguard Consumer 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.