Vanguard European Stock Fund Market Value
| VEUSX Fund | USD 81.15 0.36 0.45% |
| Symbol | Vanguard |
Vanguard European '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 European'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 European.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Vanguard European on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard European Stock or generate 0.0% return on investment in Vanguard European over 300 days. Vanguard European is related to or competes with Vanguard Materials, Vanguard Limited, Vanguard Limited, Vanguard Global, Vanguard Emerging, Vanguard Market, and Vanguard Market. The fund employs an indexing investment approach by investing all, or substantially all, of its assets in the common sto... More
Vanguard European 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 European'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 European Stock upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 4.09 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 1.39 |
Vanguard European Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard European's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard European's standard deviation. In reality, there are many statistical measures that can use Vanguard European historical prices to predict the future Vanguard European's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 2.64 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard European'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 European Stock Backtested Returns
Vanguard European Stock owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the fund had a -0.15% return per unit of risk over the last 3 months. Vanguard European Stock exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vanguard European's Coefficient Of Variation of (833.07), variance of 0.7201, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide. The entity has a beta of -0.0423, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Vanguard European are expected to decrease at a much lower rate. During the bear market, Vanguard European is likely to outperform the market.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Vanguard European Stock has insignificant reverse predictability. Overlapping area represents the amount of predictability between Vanguard European time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th 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 European Stock price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Vanguard European price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 4.8 |
Vanguard European Stock lagged returns against current returns
Autocorrelation, which is Vanguard European 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 European's mutual fund expected returns. We can calculate the autocorrelation of Vanguard European returns to help us make a trade decision. For example, suppose you find that Vanguard European 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 European 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 European mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard European 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 European mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vanguard European Lagged Returns
When evaluating Vanguard European's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard European mutual fund have on its future price. Vanguard European 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 European autocorrelation shows the relationship between Vanguard European mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vanguard European Stock.
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 European 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 European security.
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