Vanguard EUR (Netherlands) Market Value
| VETY Etf | EUR 23.13 0.08 0.35% |
| Symbol | Vanguard |
Vanguard EUR '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 EUR'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 EUR.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Vanguard EUR on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard EUR Eurozone or generate 0.0% return on investment in Vanguard EUR over 30 days. Vanguard EUR is related to or competes with IShares Core, Pershing Square, ASML Holding, and Koninklijke Philips. Vanguard EUR Eurozone Government Bond UCITS ETF seeks to track the performance of the Index, a widely recognised benchma... More
Vanguard EUR 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 EUR'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 EUR Eurozone upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2995 | |||
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 1.4 | |||
| Value At Risk | (0.39) | |||
| Potential Upside | 0.4433 |
Vanguard EUR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard EUR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard EUR's standard deviation. In reality, there are many statistical measures that can use Vanguard EUR historical prices to predict the future Vanguard EUR's volatility.| Risk Adjusted Performance | 0.0906 | |||
| Jensen Alpha | 0.0344 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.33) | |||
| Treynor Ratio | (0.94) |
Vanguard EUR Eurozone Backtested Returns
Currently, Vanguard EUR Eurozone is very steady. Vanguard EUR Eurozone owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the etf had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for Vanguard EUR Eurozone, which you can use to evaluate the volatility of the etf. Please validate Vanguard EUR's Coefficient Of Variation of 712.72, semi deviation of 0.189, and Risk Adjusted Performance of 0.0906 to confirm if the risk estimate we provide is consistent with the expected return of 0.0443%. The entity has a beta of -0.0323, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Vanguard EUR are expected to decrease at a much lower rate. During the bear market, Vanguard EUR is likely to outperform the market.
Auto-correlation | 0.82 |
Very good predictability
Vanguard EUR Eurozone has very good predictability. Overlapping area represents the amount of predictability between Vanguard EUR 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 EUR Eurozone price movement. The serial correlation of 0.82 indicates that around 82.0% of current Vanguard EUR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Vanguard EUR Eurozone lagged returns against current returns
Autocorrelation, which is Vanguard EUR 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 EUR's etf expected returns. We can calculate the autocorrelation of Vanguard EUR returns to help us make a trade decision. For example, suppose you find that Vanguard EUR 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 EUR 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 EUR etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard EUR etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard EUR etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard EUR Lagged Returns
When evaluating Vanguard EUR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard EUR etf have on its future price. Vanguard EUR 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 EUR autocorrelation shows the relationship between Vanguard EUR etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard EUR Eurozone.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Vanguard Etf
Vanguard EUR 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 EUR security.