Vanguard Energy Index Etf Market Value
| VDE Etf | USD 134.18 0.51 0.38% |
| Symbol | Vanguard |
The market value of Vanguard Energy Index 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 Energy's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Energy'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 Energy's market value can be influenced by many factors that don't directly affect Vanguard Energy'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 Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Energy'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 Energy '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 Energy'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 Energy.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Vanguard Energy on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard Energy Index or generate 0.0% return on investment in Vanguard Energy over 30 days. Vanguard Energy is related to or competes with Vanguard Financials, Vanguard Health, Vanguard Utilities, Vanguard Materials, and Vanguard Consumer. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Inde... More
Vanguard Energy 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 Energy'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 Energy Index upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.42 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 6.13 | |||
| Value At Risk | (2.09) | |||
| Potential Upside | 1.82 |
Vanguard Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Energy's standard deviation. In reality, there are many statistical measures that can use Vanguard Energy historical prices to predict the future Vanguard Energy's volatility.| Risk Adjusted Performance | 0.0789 | |||
| Jensen Alpha | 0.0202 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1555 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard Energy'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 Energy Index Backtested Returns
At this point, Vanguard Energy is very steady. Vanguard Energy Index owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the etf had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Vanguard Energy Index, which you can use to evaluate the volatility of the etf. Please validate Vanguard Energy's Semi Deviation of 1.24, coefficient of variation of 1018.5, and Risk Adjusted Performance of 0.0789 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. The entity has a beta of 0.73, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vanguard Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard Energy is expected to be smaller as well.
Auto-correlation | 0.39 |
Below average predictability
Vanguard Energy Index has below average predictability. Overlapping area represents the amount of predictability between Vanguard Energy time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Energy Index price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Vanguard Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 1.51 |
Vanguard Energy Index lagged returns against current returns
Autocorrelation, which is Vanguard Energy 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 Energy's etf expected returns. We can calculate the autocorrelation of Vanguard Energy returns to help us make a trade decision. For example, suppose you find that Vanguard Energy 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 Energy 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 Energy etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Energy etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Energy etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Energy Lagged Returns
When evaluating Vanguard Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Energy etf have on its future price. Vanguard Energy 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 Energy autocorrelation shows the relationship between Vanguard Energy etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Energy Index.
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 Energy Index is a strong investment it is important to analyze Vanguard Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Vanguard Energy's future performance. For an informed investment choice regarding Vanguard Etf, refer to the following important reports:Check out Vanguard Energy Correlation, Vanguard Energy Volatility and Vanguard Energy Alpha and Beta module to complement your research on Vanguard Energy. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Vanguard Energy 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.